Exhibit I-14
SINGLE-FAMILY AND MULTIFAMILY BUILDING PERMITS
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
1990-2020
YEAR
AVG.
ANNUAL
PERMITS
SINGLE-
FAMILY %
MULTI-
FAMILY %
1986-1990 13,601
9,388 69% 4,213 31%
1991-1995 8,827
7,366 83% 1,461 17%
1996-2000 8,040
6,706 83% 1,333 17%
2001-2005 10,594
7,938 75% 2,656 25%
2006-2010 5,424
3,703 68% 1,721 32%
2011-2015 7,084
5,934 84% 1,150 16%
2016-2020 8,485
7,784 92% 701
8%
2021-2025 6,376
5,875 92% 501
8%
2026-2030 5,858
5,465 93% 392
7%
15%
20%
25%
30%
35%
40%
45%
50%
4 000
6,000
8,000
10,000
12,000
14,000
PROJECTED
SOURCE: Moody's Analytics
0%
5%
10%
0
2,000
,
Single-Family
Multifamily
% Multifamily
Exhibit I-14
E4-11982.40
Printed: 3/27/2014
CITY OF CHESAPEAKE
