Marketing Flyer - American Land Fund
Transcription
Marketing Flyer - American Land Fund
MULTIFAMILY DEVELOPMENT OPPORTUNITY Ho l d i n g V i l l a g e, Wa ke Fores t , NC 275 87 PREPARED BY: Frank T. Quinn President & COO [email protected] 919 582 3150 Steven B. Peden Senior Vice President [email protected] 919 582 3122 Paul A. Pursell Vice President [email protected] 919 582 3154 Colliers International 702 Oberlin Road Suite 400 Raleigh, NC 27605 www.colliers.com/rdu TABLE OF CONTENTS I. PROPERTY OFFERING • • • • • Land Offering Summary: 6-7 Property Overview: 8-9 Location Overview: 10-11 Comparable Property Data: 12-13 Multifamily Development: 14-15 II. MARKET OVERVIEW • Accolades: 18-19 • Demographics: 20-21 II. AREA SCHOOL PERFORMANCE (Anticipated School Assignments) • Forest Pines Elementary School: 24 • Wake Forest-Rolesville Middle School: 25 • Heritage High School: 26 WAKE FOREST ACCOLADES • #2 Among 10 Best Cities in N.C. (Wake Forest) - Movoto, November 2013 • #2 in Population Growth from 1985 – 2011 (Raleigh-Cary, NC) Federal Deposit Insurance Corp • #4 best place for homeownership in North Carolina by Nerd Wallet, March 2014 • #3 Best City in NC for Job Seekers by Nerd Wallet, October 2013 • Gold Medal in German-style Kölsch/Köln-style Kölsch Category (Kölschstyle Ale at White Street Brewing Company, Wake Forest) - World Beer Cup, April 2014 • Tree City of the Year (NC Division of Forest Resources, 2010) • Standard & Poor’s ‘AAA’ rating • Certificate of Excellence in Financial Reporting (Gov’t Finance Officers Association of the US and Canada, 2012- 23rd consecutive year) • NC Main Street City – from the NC Dept of Commerce • Accredited as a National Main Street Program – National Trust of Historic Preservation • NCAPA Outstanding Planning Award for the Renaissance Plan of for the Heart of Wake Forest (2007) • NCAPA Outstanding Planning Award for the NE Neighborhood Area Plan (2007) • Among 10 New U.S. Breweries to Watch, from D.C. to California (White Street Brewing Company, Wake Forest) - Bon Appétit, May 2014 Property Offering Land Offering Summary Holding Village, a 246 acre land parcel, is a Master Planned CommunityTraditional Neighborhood Development (TND) that is located in one of the most vibrant residential growth township hubs in Wake County, North Carolina. It is centered within the nationally recognized, historic Town of Wake Forest. The Holding Village Master Plan, adopted on May 6, 2013, incorporates all of the provisions of Section 2.5 of the Unified Development Ordinance (UDO) of the Town of Wake Forest. In accordance to Section 2.5 1.E of the UDO, Holding Village TDN consists of three (3) sub-districts: 1. Urban Residential (UR), 2. Residential Mixed-Use (RMX) and 3. Neighborhood Mixed Use (NMX). Holding Village’s dynamic design artfully reinforces the Town of Wake Forest Renaissance District concepts of open space, walkability, pedestrian streets, parks, outdoor setting areas, housing design and most certainly, connectivity to a mix of residential neighborhoods. DISCLAIMER: No warranty or representation, express or implied, is made to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by principals. HOLDING VILLAGE COLLIERS INTERNATIONAL P. 6 Colliers International, in conjunction with the Master Developer, Reader & Partners, is providing a unique opportunity in offering for sale and development a 21.91 gross acre land parcel contained within the Master Planned 246 acre development. The 21.91 gross acre parcel is identified and approved within the Master Plan for multifamily apartment development. The parcel is estimated to support a 368 unit apartment community. The land parcel has extensive frontage along Route 98 Bypass. When built, the apartment community will serve as the saluting community directly situated at the main entrance to Holding Village. This main entrance, at the intersection with South Franklin Street, will be only a short walk or ride to the downtown Wake Forest Historic District. The offering price for this 21.91 gross acre parcel is $4,950,000, or approximately $13,500 per projected development unit. Over the past three to four years, Wake County, and in particular, the Town of Wake Forest has witnessed substantial growth with the expansion of home ownership, burgeoning upscale multifamily apartment construction with ever increasing employment opportunities and driving income demographics. Multifamily developments will continue to be a viable opportunity during the next several years for many reasons: volumes of private capital chasing yields, inexpensive financing coupled with quasi-government supports with FNMA and Freddie Mac, return of Life Insurance companies to both lending and venturing fields and changing renter demographics. This multifamily land parcel will bring exceptional value to its acquirer in light of the projected continuation of the aforementioned multifamily development metrics in combination with the positive development attributes of Holding Village. Please contact any member of our Multifamily Team for additional information. DISCLAIMER: No warranty or representation, express or implied, is made to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by principals. HOLDING VILLAGE COLLIERS INTERNATIONAL P. 7 Property Overview > ADDRESS > ZONING: CURRENT > SITE AREA > DEVELOPMENT CONSIDERATIONS Holding Village Future Intersection of S. Franklin and NC-98 Bypass Wake Forest, NC 27587 Master Planned for: Urban Residential (UR) Residential Mixed-Use (RMX) Neighborhood Mixed-Use (NMX) Master-planned Multifamily ±21.91 acres Exhibit A: Approximate site dimensions Exhibit B: Subject property is a portion of this > ETJ 246 acre master-planned development WF Exhibit C: Entire 246 acre master-planned development with concept plan overlay, 21.91 > TOPOGRAPHY acre site is outlined in red Rolling with gentle springs & ponds > NC PINS- HOLDING VILLAGE 1840445607 (192.96 acre parcel) 1840643841 (14.65 acre parcel) 1840429532 (38.28 acre parcel) 1840348374 (0.22 acre parcel) > REID 0032071 (192.96 acre parcel) 0375898 (14.65 acre parcel) 0418923 (38.28 acre parcel) 0421930 (0.22 acre parcel) > TOWNSHIP > TRAFFIC COUNTS • • • • NC-98 at site: 19,000 AADT NC-98 East of Capital Blvd.: 21,000 AADT Capital Blvd. North at NC-98: 42,000 AADT South Main St. at site: 17,000 AADT AADT: average annual daily traffic > UTILITIES Water and Sewer: Available to site > PRICE: $4,950,000 • Price per acre: $225,924 • Price per unit: $13,500 Wake Forest HOLDING VILLAGE COLLIERS INTERNATIONAL P. 8 Subject property is a portion of this 246 acre EXHI BI T A: Approximate site dimensions EX H IBIT B: master-planned development S. Franklin St. ALT ±350’ ±625’ ±1500’ ±21.91 acres ±50’ ±265’ ±246 acres ±200’ ±75’ ±43 ’ ±170’ ±195 0’ Friendsh ip ’ 80 ±2 ±2 35 ±450’ Chapel R d. EXH I BI T C : Entire 246 master-planned development, 21.91 acre site is outlined in red Multifamily Site He ALT rit ag e La ke Rd Civic/Office Village Club/Pool Village Center ± 246 acres HOLDING VILLAGE Village/Multifamily COLLIERS INTERNATIONAL P. 9 Location Overview MA J O R H I G H WAYS & PO IN TS OF INTER EST Durham Raleigh-Durham International Airport Wake Forest SITE Chapel Hill Downtown Raleigh Clayton Drive Times: US-1 - ±3 minutes Downtown Raleigh - ±25 minutes Hwy. 98 - ±Has frontage on Hwy. 98 Downtown Durham - ±35 minutes Hwy. 401 in Rolesville - ±10 minutes RDU International Airport - I-540 - ±13 minutes ±25 minutes I-440 - ±22 minutes I-85 - ±30 minutes I-40 - ±27 minutes I-95 - ±40 minutes US-64- ±21 minutes HOLDING VILLAGE COLLIERS INTERNATIONAL P. 10 RE TA I L A ND E M P LOYME N T C E N TERS 6 4 Town of Wake Forest & Wake Forest Library 3 ll Fa us Ne Blvd. Forest Pines Elementary Capital f so d. eR SITE 2 ALT 5 Wake ForestRolesville Middle School tville Heritage High School s Fore 1 7 Rd. Drive Times: 1 3 5 ±3 minutes 6 ±5 minutes 7 ±4 minutes Wakefield Commons ±6 minutes 4 2 ±4 minutes ±5 minutes HOLDING VILLAGE ±4 minutes COLLIERS INTERNATIONAL P. 11 Comparable Property Data Sales and Competitive Properties L AND SA L ES ( F OR MU LT IFA MILY D EVELOPMENT) Wake Forest Durham SITE 2 Chapel Hill Raleigh-Durham International Airport 4 5 3 1 Cary 6 Downtown Raleigh 7 Property Address 2520 Ratchford Dr. Raleigh, NC 27604 SW Durham Dr. 2 Realm Patterson Place Durham, NC 27707 3 Jones Grant Apartments 3015 Wake Forest Rd. Raleigh, NC 27609 O’Kelly Chapel Rd. 4 Parkside Place Cary, NC 27519 3 016 Bristol Creek Dr. 5 The Bristol Morrisville, NC 27560 6 Meridian at Harris Pointe 525 N. Harrison Ave. Cary, NC 27513 2404 Jones Franklin Rd. 7 The Franklin Raleigh, NC 27606 1 The Avenues II HOLDING VILLAGE Acreage Date Sold: Planned: Sale Price Month; Year Units; Price per unit 20.67 May-14 $4,263,000 285 $14,957 22.3 Jun-13 $4,500,000 322 $13,975 14.65 Nov-13 $4,557,375 243 $18,754 12.84 Nov-13 $5,300,000 294 $18,027 14.6 Apr-12 $4,500,000 260 $17,307 18.4 Oct-12 $3,600,000 248 $14,516 16.56 Aug-13 $3,325,000 $16,708 199 COLLIERS INTERNATIONAL P. 12 REC E NT M A R K E T M ULTIFA MILY SALES Fa ll s of Ne us Forest Pines Elementary Capital Blv e Rd . d. 4 1 2 SITE 3 Wake ForestRolesville Middle School Heritage High School ALT Rating: Units Improvements; Acres Location Sale Date Address 1 Bell Wakefield 12201 Oakwood View Dr. Raleigh, NC 27614 360 A- B 28.85 Oct-13 $46,800,000 $130,000 2 The Columns 14114 Chriswick House Ln. Raleigh, NC 27614 324 A B 37.96 Jun-14 $39,161,625 $120,869 3 Estates at Wake Forest 1524 Woodfield Creek Dr. Wake Forest, NC 27587 288 A B+ 30.45 Jan-14 $37,225,000 $129,253 4 Wakefield Glen 2400 Garden Hill Dr. Raleigh, NC 27614 246 A- B+ 22.55 Nov-14 $128,159 HOLDING VILLAGE Price Price Per Unit Property $31,527,143 COLLIERS INTERNATIONAL P. 13 Multifamily Development E CT Projects that are Planned or Under Construction HOLDEN RD BAYNAM POND DR SE Y L N JER S CROSS ST Y F AND ER DR LN AN RA LP H RD JO FERRY CT LN AR M GI LC RD GIL CR ES T W AY B I T C IR M E CT IO OPP OS IT GA AM TRADIT FIE LD S LN LV UR OL D AUSTI NV IEW R EE K DR C CRES LN D LN UN O DAYBREAK DR RD FARM R ES N P OW AD D A LE SH CHARA C ST W YOUNG AY GRAN VILL EW E L ER CT LORD FA RM ING RD LS PR C MAGN N CIR LN EW SI RO WEATHERS S T WS S T A CRES BLVD FALLS W EL ITE ND R R AN LLS B LV D FA LC R LN VE LN LS CO WALLS CI N DR U SO RD TL E D R S RD ASHBRIT GIN ST IN PRI LN TI NE LITTL EPO M S EL N DR WATER IA DR Wake Forest Town Limits D I NGTON DR T Wake Forest Jurisdiction (ETJ) W HES UR RE O D S LN CT O UIS BU RY LO FOREST VILLE RD L C R EE K W AL ST CT OO N T L LA WAY Y T RL AS I NB L HO RD VIR HUNTMASTER TRL IN GCREEK DR NT U H L HEIGHTS RD AN T VERD E LN CT NT US E RD DG UISB G RD L E RD ESVIL JON CASHLIN DR HA RVE ST RI DGE L N PRIDES CRSG O AL L C D PLACE DR OR DF COLLIERS INTERNATIONAL P. 14 LO ARIUS LN AQ U HAM PARK AVE HART RG BU A CT D R N WALK LN C H ESTER ST LILLIE LIL ES RD R UR KAYENTA CT R CIR R SS D I N D EER MO RE CT T ERNES RI IDGE TRL JONE S R UIS PEASL AKE CE DR PLA LO RD RG BU UIS Residential OTHER INFORMATION RD LO T R DR DO D CA PI N I A WATE FO ES GI RED LIL RT D R Public Projects CT LIE Non-Residential R LIL W KEW GARDENS WAY N SO D D ACE S RD DR LIL E ENVI L L E VI R IE E PL D C I PR LN CA RPE L N T NN LO C IR LILL IE IS T INE ES FISH PO G ME LF PR RD KINS LE Y L D AVE I D D LE GROUN LN LONNIE DR WELDING RD CASHLIN DR PL D PL STON E FLY ROYAL COACHMEN DR CT A LO N LA PRISTINE DR IRINA DR ST OR CHELRIDG D ROGE RS TTLE CT SEA M E WAT S ACTIVE DEVELOPMENTS AIN DF R POL COCHRAN CT CROOK OM ME RU N BU CK TR TR L UNI T CO AK WIL O L O W ST E FIELD DR Stonegate at St Andrews Townhomes S RD NT A DR ST IC AL N Y LE ST GR EE E N AV ER NT E VER LA ENVI LLE LOOP RD E LOOP RD GREENVILL W T H TO MI LL RE E N SSTAR DR RE LANT ND RE 5 Stonegate at St Andrews N AVE CO A C H O ST KAPL A N WOODS W AY C ACE D PL R ER ST EY RD NT LL O DF RE O R CT ND LA ST PU OO L R CH E IK E ST Y DR UR ND EAG L E AIN Y RR RD K DR R XB R T HO E LN TUCK AHOE TRC PE E R FA L EE DR Y S CR M ST NG OU EY AR N AI H SC BE RO GE RS M ST W AY LN OLD GE CO A E DR IN N S RA STO E DR W ST K RD S ILENT FARM ST SL N D L E DR ST JEFFRE YS LN L TR RE EK YC IV VI LIA O BIG WILLOW W AY LN E RID G XBURY DR RO OR HU N T LOWER AK YL ES RD AVERETTE AY LN AVERETTE RD WOOD P OPP Y ST WI N TER SP R IN AY C DF DO TITANIC RINGS DR R SP A PE AY W R MO KE PR AIR IE S AVERETTE RD H WAY G C IC PE R R JO E RIN GS FIEL GR W LO LD EN AC ED BAKERS A E AV CL UB COLONIA L CI EG E CO LL A EA D WIL GO H CR IL DE ER RD LK CHA I RA C GULLY C DR OSS IN G DR FIE LD CR OS SIN G RIF DIM RD E CLU B AV E I TAG ER D R E G OK R ID OVERLO Rd. Forestville FORESTVILLE RD RUSTE DO WAY RA Y D R M ID DL EGA ME RADIT IONS G CT GE HILLS WAY I TA Y F LI N CT FANNI U LLB R HA QUA G D SPRI NGT IME EB RA ND DR RR OW SPA HIG H VE G RD FO RE ST N GR AN DE BLV D IONS LE CIR R R LD HAV CA RD ISH A INA T N S DR R G E IT AG ER H S W AY RC T LE WILLING TON PL CHIMNEY S SQ DR RI A G E C AR W HI TE AR B LN C R E E K DR GE RID MB L R TD FALCON H U RS OW T ED CREEK RD R NR D W W AY L BU RL AIN AMERY LN TO LO GRA N I TE NN HA TR L LONESO ME SP KE TRAYER LN DR P N IL BROWN T E F CT STONE RD S DR TRL CT R G C REEK DR DO GWOO D ME AD RD CA PIT AL W IL LO W NORTWIC LOTU S LN CT RD JUBILE E LE N AL N SEV E NT H ST HG HIG RD S AL L EN RD LEN S AL S ST NK LI N FR A CI R S TA SILVER LI ND EN LN OLD MAG N OL IA LN OLD ASH CT N ALL EN RD ST N TA YLOR RID ON AC Y LN DE FR A B NK L IN RO ST O KS ST SW H IT E ST EE LC I P CT HIP W Y G G BU RGE BU S AVE GO T AR M AV E CO UNI RO GE RS R G E N BA TT ON CA WAY W TERRELL DR DR CALADIU M ST AIN M N MIL L ST IN KL N FR AN ST AIN NM DEL L CAD ST ST S TAY L OR BROO KS ST EE SOLUNAR CT PINEY HILL RUN MASS ENB UR OS LV AD CT N DR VE MIL L ST EW E BR CO N OLL EG E ST NC ST S WH ITE ST AIN SM CT IER TESS S MAIN ST T IC T S ST DR S NW AY IG REM O PL AV E FINO O ON MILL LIG SAN RD P LZ LO IS ST RD IE E ST E ST LL EG WIN G AT N W R BO ST ES T GAT IN SW E ST AVE SW IN GAT RAYBURN PINEVIEW DR PIN S WIN GATE ST E VIEW DR TA CY PL CT D OO MW EL RD CA BA MA IN S AN GR GR AN DM AR K E DR N R D G F E R RY CT SH AP I R D S D CT D AN IE L C M R ND D SIENA DR T C S LU BO ST ED R NEWQUAY LN LN SO P WALL RD HY IN RE M HA YW HOPE ST LA LIGON M ILL RD E HO R S RD STAR BLVD CAPITAL TAL BLVD D S TA RR RD S ER VIC E PONDEROSA STAR RD OT N COM M GA LL TIDEWATER LN CAPI PO SQ SIN Cap PL PL KE IC EN C BL VD CA PIT AL R D H C BLVD L B LU E COLBE CO M HOUN EW W AL L BL VD R COUN E CT DG CH I CA P E CAPI TA ital Y LN R A RY LIT E R AY D W HAMP CAPITAL CT WA S HA W P T EN CR ME R WAY FOXC O FT FO R R EST PIN ES D R AY DANN ON CT N SOH O PATH ER DE D R Blvd . CT Y KIN FU LLA R M ST LN CA Y B IS RD SHEPSTON CH R U CH N NIO U E W AK R SE HO U AL CL A TT ER DR L OAKS CT RIBBONGRASS RICHMO N ST OIR UV BEA F EL G AN EFIELD C RO AK W W AY LN NOLL CA PIT AL BL VD G RANITE IN M D KE ILLE TV D LAURA L A FOR E S HILL ER NN N CT RD KE LA AN CK EL VE T BLV RD CT L R RG BU N TR AM B E DA MB I CL O RU A F ORE TY BIG WILLOW WAY DR GRANI TE SA D ENTAU R N JIL THOR SE EEZE LN MIS SM OK BR O C OTTON P A STORYBOOK AM CIR TLE IN LN N FARM WAY LI GHTBR FALLS RIVER A VE CT HINGSTAR ST IS GOLD E N GRE GMOOR CT SHAD Y A UT WINSLE T DR W N DR WANDERING WAY TU NA IG LE SE T NG SNOW ST NLN CO PL R R ESA DR MI MA E D LN POMONA AVE R E IN DR ROOKFIELD DR RD LIGON MILL PL BLVD A E LN ER EM R DIAZIT D CT MCGOW AN H O GAN DR R KE D LA G AT H ER LY DR SE PH S CT QUERCU PEN F IT IL LY PH D CAPIT GALAXY AL BLVD DR C YE CK E R LD HE RA C R OM ED LC WE DR ST R PA RL O IMPER I A AF HLE PEAC D RUN D DRACO R D FIELD MI ST DR R DR LW AY D DM I ST KE AY FIEL OA LN SPR O UC E T VIE W RE EW HOLLY MIST ST HOLLY FORE R E Y PL OR DR PONSONBY N M PS O TH O R D LN LAURELFO HIV E BEE ST RON V SHA B KELWAY DR T EL LC RIPLEY WOODS ST ST RD CT SH BUD SMIT H RD THOMPSON MILL RD LEROY DR G IL T RICK PA LS H T PAPER TR L N RL CHOUDE MIL LR D Y VERMILI R D BEN K DR ILLOW WAY EDM NI S HASTA DAI S Y EW PAUL CLOU S SQ D DR M SA INT LILY T WN LAWSON WALK WAY A T RD CHALK RD O RN E ND RS DA IR Y CHALK RD EE Q JO NE S FR SS DR TER DA IS C H IC K W IESA N FR BENDEMEER LN ORT H DR W AY COT ESW R CAMP KANATA RD TO S NEWLYN ON C T ACAN R RD SE E RW O K RD F I ELD W SA CREEK P L TA C SY M E LN TA ST O BRO Stonewater DR R EA N ST NT ALFALFA LN LE C PARK DR RE PAUL SILE P LN OU F CL NT K RD TTER CU D CT OR T TORTUGA ST RO SAI BU BRANDI D FA HUN TI CONNAL R E DR EEK ST B SE E ETCLOVER DR T EN T ST OUN U DR SW R OO D R W D G Y EM BR O G SIL DE IR RIDG RY M CT D A E S KL E C N BU JO AB RD RN HO NG M LO MB IR CA DR A R CT FA LY P YL PTO N DR TI RD R DR CT C EST E TT LO P CATS P A EV E R D R AVE R D JU M WN DR LA SH AS Heritage South I NDENBER G BURLINGTON MILLS WA IT AV E DR CT SWIFT DR RD EDGEFIELD DR K DR FAWN LILY AUTUMN FOREST TRL FARM D R IX W EL L D R 1 O NT DR NW S RD BLV NG M Y LN AVE RE TT E A DO K D S AR LE FOXWILD LN DR OW SK LITCH BO R R AV E C ST D IDGE RD TYSON FARM RD R CI R F L O W CI ING S RED U M CT YR CK WAIT AVE OL D RO GE RS RD LI R M AT R RO ER Northampton C LA HO LLO W L E Wildflower O ND SPR LN TT E INDING WA W Y LO RD S FARM RD NE JO DR IR DOW L RR W ND RING C SP I TR NE N AUSTI DR T PO CH AL SA OVER A V CL JO IN M INN A OBRI EN CIR LN Heritage Spring Townhomes at Wildflower Wildflower WI at CRI MSTownes ON Heritage South AN EY D PO G IN RN D RD Austin Creek D L HeritageR EWake Forest -R VE Heritage Reserve CT PES ND RD R Y GRE AC EG EP L DAM MIL R DR Y D RD DOTTED MI N T AVE NS N EST GY WAY ATE BIG B E N FO D RDHeritage Square UR MILL DAM Y RD LE L U DR LAW N OW WI L L O SH d. yR AY GE TRL air L IR W HIS HE RI TAG E E CH MOODY M DR TR sD K AL CH EG L LN L WIL RD H Heritage Wake Forest - Heritage Overlook H EC BE L VA LLOW RD ne DR OV Kings Glen IN DIVID MA E DR Y AY IN GR LN T IR DA B R PO RD AKE DR GL Bowling Green EN ED RE G SE LE W WAIT AVE Jo Y ST LU ER PP CO O AK CH Bishop's Grant Townhomes, Phase 4A Wait Ave. WAIT AVE S NE JO A W LE C LP L FAIRV IEW VIL NE STR G D AG K OC TU GR OV FIELD LN ES S T R OU D TR O U YR VA N R BAS PRESSLER ST ST HE HIDDEN JE WE Heritage Swim Club IA EN F E R N HO IR DA DIN LN E RO S GE S NE VO LL DR NN FA DR HE Heritage North CT Y ST ID JO RD RY R NG D KM EC A CH Bishop's Grant Phase 3 D AI Meineke Car Care IN G Bishop's Grant S HWY EW AT TE RD AK RD AVERETTE E IN JON ALV Gateway Commons SK N R LL HE AV E Carefirst ONS C Animal I MM CO Hospital AY Y RCH RD JEANNE ST ST E R L ES HW LN Dollar Tree Heritage Wake Forest Heritage Crest MI T C SS IR AV E R S JONE VE CHU The Reserve C TE LN OAK GRO E S DR TAT RESERV E ES ONGR M A CT WA IT VE CH URCH RD Traditions Southeast Cluster JO N IN CALV CR IT RIDGE CT MID CT AP TR M O CK RD RD ILLE O CKV AY AY ER un ty ty W N CT C DR DG Co ou n M OAK G RO Traditions SW Townhomes & Amenities Center E OR GE klin ke C E CHU RCH RD E T PRAIRIE ASTER C TREE Wa RD P CT AV B IR D EN ON GL N P L PS RO W O ING THO M OL N CHIM TO GE W RID OK L TR RO N OCK RD AKE EL ITAG HE R DR T L TR E AV Y CT LN E AV ETO A H E RT EY C NROSE OR TH Traditions Southwest Phase 1 N PL RD LL LO R L OV GR D W A IT DR OO IL QU AIL LL CA RA M M EW GE KNO KIRA LN L YA AVE M CLOUD COVE R LN RM RO AIL S DR VA C AN PINE Y R DU N N C AY W TAL RUN PE FL RO V R CIR WE BR E 238 S Allen Rd HILL CT DU RKY BREWERS GLYN BR QU OA KG SIXTH ST CIR PENDR IS Y LL AR SE FA ST RE D G K CT UC CT AY AM O R FA O ER EN IN PW LA KC RSG L VIL ST RE RD D K R HI EE Traditions West & Traditions Retirement Community VE E JUNI PER A AVE ES G TIN TREN E WAY AD SL DUNN FARM RD EST RD W ST TE Fra n SECR E T PO N D RD W FO T D W TH H PA IL D AG D GE GR H ER ITA L IN DUNN RD CR GIL N FO BA R G DR REN BE LL AVE SA VE EB R ID GE PI C EY Y AG WA WHITE FL AV RD PL N RD DU G LN LE LA RIA T R ID E D G L ET NN BE R NTO AVE BEST AVE LI L L A L BE COR ST AY EW CREEK MOSS A AVE MS RW IYA FAR ON EAR SH O TH T HO DL RD T SL N TA DO G RO S S AVE W AY NTON TOWN ONE LITTL CT R RIC CTW PINE VALLEY DR N AY CO I SK AN IL K RA VE AVE LSON NE ATE DR SE N MILLS RD M PA R CE NS EE W DANSF OR ESH IR WN DR T LN RE E TO N AR DR ADE WAY LINS L R ROBI L SH IR E G ROSS AVE LIG ON RG H NA Flaherty Farms Phase 5 ST N K LI AN FR Y HW ES JO N AY RROW DR SPA TAY L MER Y ELIZ ABE T MID W IFT DR W CT BATTERY CR E S E ON RD ST LA TORRY E L RO EV NT N AVE PE EJ AD I L B ECK NY LAGERFEL D MD E RE TS BILLIARD FOR D DR WAD THO R R SONG SPA VINE CT GO G RE HOLDING VILLAGE V IL LE C A WD TR A E Shearon Farms RAINSO N G DR ON FA R M S AVE ES T 2 BA ON INGT B URL E CT TRE RK AR LN UT E NE H IL K DR OR O W S DR DU CK G CO SH E NIP E E PI HO L Franklin Street Apts R TH CT OST Y E WA STON N DR M E AD ETOW TA R K ILN PL IDDL Shearon Farms Tract 4 DR R B AN K FOR TRA DE DR STACK ED S T O R IV E Carillon Assisted Living Capital Creek Apts. WAXW IN G AV Shearon Farms LL A ST R N AWF OR DR D TO Endeavor Charter School DR ITA G E DR E HER L CL Y LO TA ST GE C OSM NG SO RG FIN EBE G R AS E WA AV E Wake EMC Expansion SL LIN C IR DR Heritage RO Prof. GE RS Park West RD TRL N R Y LO TA N Wake Forest Christian Church 1601 Heritage Commerce Ct DR B R AT T T H AV E N I Starner Haddock Property, Neuse Collision Phase 1-3 Industrial Center Janko Park Building PLZ ST E ST CE ST VI LL E CORN W E L C HI LL ST A RD R TE CHAPEL S CI MI LE AV E LVI N DR CA A GL TE S ET TL R CA DR EEPLE RUN ST South Forest Business SU Park PERI OR Superior DR Tooling Addition URI A L DR SAG BR IGH 4 TA DS RE N DR U EH HIT W ALB A RE O W ST ICKMAN ST G SITE O TROPHY LN RD RD F NS O T RY CR N CONN ECTOR TW AY E WA IT CA Holding Village DA R EY ST E HIT DR RD LY LN D R O F BU IT E RT Sweere Warehouse Addition UN I LN S VE AR AV E E JONE S HW Y MILL LIGON BED D RI LLS FA LN A VE R HO LD IN BR A DR LD RUN CIR WE DO RD K RD E L MS C LIF F L RING RS GE RO WH E . Rd rs ge Ro Porto Fino LVA O S DR D RD AV E JU The Retreat at Renaissance Townhomes E D PO HEIGHT LN E ORR RA I N F LN ZU LL U HERITA Homestead at Heritage BUGGY GTO N ZU RAVEN MORG A U S ES DIN A SH B ROO AGON PL CO K CAR O LIGH TF O EDGAR LN AY WAY AV N E AV E E SP ST KLIN AN CA UNAT A DORIS LN R ST PE WA IT E D DR AN HL IG H WIN DS OR DR RK CADCO Office Park N DR CO O S WERLI NG E HO LD IN G AV DUNN AVE LVIN Heritage Garden Apts K AR R AV E E PIN RING N WE CA AD AV SSE ND AV E AV E ED AN H A NDL E R W RS T CIR M E AKIN DR ST EY HE CH GN HA MIS AR DM VA AV E Y WA RD P VAN FALLS RIVER AVE G FO RE ST WIL D R D FO R M SHA M E AG YAL RIN RD Heritage Office Center M NIPE S FR Home Garden Subdivision RE ST O DR RE 6 E RO EL TE ST HI MER ON RM PA W Sedgefield Park North AV E EC AV E Wake Forest Cemetery E SP AV E E JO NES AV E W E MAR UNDS ON OU TH EN AVE RD CA AV MELK FOUNDATION DR SO VE Villagio at La Scala Apts K DR VIA FORT FA ING KE L RD G F FO M ME CARRIAGE DOW S L EN OR TH ES W OW RD FORESTVILLE GU MIL AV E R R CHATELAIN E PL M DR ST E RD FRIENDSHIP CI MAN 3 Phoenix PC KS PA R DR CA RD NDEROSA EY LN RRON PKWY MA CI R ON PKWY S PR . St PL S LA N AR SE ST O K DR SP O REM ON OAK S TIL SELSE Y D R IN MA MO E E K DR N DR UR S. S WAKEFIELD COMM COMM K LEBY W CR 401 Inc Office Building in Ma DR ONS D R R RD VE O LI QUE FAITHFUL PL FO Ligon Mill III d. LN CE AN T LONGB O HUNSFORD PL LS al Blv SS AI WES T AV E CT DR CA S CR IELD AY LW CRE EK AVE IA ER ER AMH AI R EN NK DR T FOREST SHA DR TR DR DR LA Reynolds R Mill Amenity BE S R Center D LONGBOURN DR E WAK DR D AY B ER E AV JOHN REX BLVD VEGA CT EEN ST GR F OOD W MS REEZY LN K IN G SS GARDE S AK STA T E E WA Y AL AY W EE W TR RD RD LS AL KS DR N OA MO NIC T CT FAR Reynolds Mill HORS DR EN D ER E US NE OF ST CE FAL L S IN N EE GR RU SP AKS DR NEW S NEU BELL DR SCHUBBA DUNARD LL ST FOREST PINES DR BARTON O OF FALLS ON D KW O M SNAPSWE ST V POPES ND ARN E S O N SYCAMORE G R O W LD DR N MFIELD ST EL LO Caveness Farms/Villas of Wake Forest DR IE EF AK W ES T E TRL R OS T PI N RT CRE O L T T S ILL LN EK LOOP S ER MAYH URST PL O EL M RE Shoppes at Caveness Shopping Center KS OA INGLESIDE PL PEN LH KS DR GRE EN DR L ST O N RD BIRD CO L U Capit O R S E NE S CAV N E DR MEZZANI AN BLVD C R DE O LN IEW T H SC AT IO OA CAPITAL AN PL EU N F T O C S AIN LL ILC FA C RR IA GE M TOWN GA DR TE EF IE LD S DR R WAY NE EST PI S T FOR MANO HU S PA EY A GE ELLSTON LN CA MI LL CIR DENEB CT E R W AK R S CT E R CT VI LL WA KE FALLS D CI PYXI ILL M SS S O Y LE ROS A L I E LN PR E YS WL PA VELA CT ORE MM D L LS F ST W PA DRO EFA WAK LN LA PL LE LAMOO K DR TIL N L VAL NE PEACHLE A 3 D R X FO KL N CK WI DOR M K INV A W HOLDING AVE Siena Office Park CORPORATE CHAP L A I N WAY PA R TO ES BE IA V I CTOR Y LN ES HWY S RD JO N CA NE E AL H CA LV IN OA K CE D AR E JU D AM DURH RD PINE RIDG DR DR HD IG PT HW Y ON R ST L N XY LA NE S ST AV E AVE DR S JO DR AW A RC UNTAIN H HUR CH EN SH R ST SE LLY BEND LN HO MO IN BASKETWE AV E HON EYC WAKEFALL S DR CA LV DS GA HO U W W R R TRY CT GA CR N N G AVE DIN SU DR PL Crenshaw Village DR K LN OC RD BU WAT ER Olde Wake Forest NE CT RA K OA IR A DR G W PI D DR WOODLAN AND DR W HO LDING AVE DR AVE ES W O WICH E W OODL STO NIN GHA M NE S W Y ND CI AM DURH St Catherine of Siena Church The Registry at Bennett Park LILL IPUT HET TC WA CT B CR OM H R IC FALC AT E PER DR RI C ET AIL D R ER BINSON DR RO JU NI O O DS MI L L C ST ELL SI EN R IN JO BE R DEER NC 98 OLD SP HWY AY SW WE DO LL DR W R OX ST Magnolia Woods E AV DR US TH OW SON O N WO TO G AB MCD ER GH OU SE R AV E S E ST AT T LIP U T LN W CE D AR AVE D LN OU DR S TA D IUM S DR W OO OD DR CL E O RINE STA DIU M DO G OA A F DR RLE VE T NS VE US L HO E AVE E AV D DR HE DR M RD DURHA CLA ER STA D IU M GL O E AV M IN RA O RM G LN The Meadows LN Olde Chestnut Townes JU N TO H EM DE G LO RD I LL RD NM FL RD FE U CH N LI L SS E INN C AT CL UN R A Hampton Commons The Stephenson Center ER TT AM DURH PSO C UGH T FE R DU O PL MER UM U KE WA RD PL M HA LD O NI SP R IN CT R KW O B AB DR RD T OM TC TH AV BO RO K DR FO LN N EY P EN AR N L N O R FINDHORN AY NS KINT AIL B GU Fifth Third Bank PL E CLU DR Rd . AN KE LD CT RE ST ARK AVE CHILM Wake Forest Crossing Phase 2 AG FO EN R MO AN LL Updated: Maech 2014 DITCH CIR DS DR L EL HA RR IS I CT P E G CA M RD EE BA LL IDGE DR LR BAK E W E LL RD ST CLARIN IN E FA W DE DU RH A DE T AM C AP E LN THOMPSON MILL RY DR BU O GS H BA CR RESHAM WAY MO JE NK IN S C DE M IC RD EY RN D LN OL BO GR AY SO N ins TEN B R R CA K DR URELFORD LN LA HA YE TRY K AVE AR LM LN CT N EL RE H T BI R C RIVER PAR N CL UB DR T UN LA GLE N R KEA G IR COB BLE D N EL IN R D BU IC M W A U TH IC DD M SO TYNEWIN CT K St Ives LO BU RD CT LN AR NE Y LN REST L N R WK D SPAR H A S CT G ED NAXOS DR RD IE Y DR HERL MAT O AK MIN E WA WISLE Y CO nk T R UB VI LLAS DR CL DR Y A DR Je AY EW R EW DR SW G D Wake Forest Fire Station #4 ALD E RS H OT KE M IC A Harris Crossing H E AD Prepared By: The Town of Wake Forest Planning Department RAME NK Richland Hills IDGE ONBI E LN Richland Creek Elem. School VO LLR WA HE KE LN ST RE FO SECLUDED NEW FO KS NB NO CA T EWAI KL IC LD O NE W RD E L MO D R Murphy Oil AY URST W A DR LO R I N CA N A CT OR AVI NS HI RE PL AR NE Y RD W STACKH BO RA G E RD M TI PSY SQ E LN TR OT RD R YD DUN LORING DR CT E R CT ELL LE WAY E W E ERN WAY AV JE NK OM IN B S R ME LC PA LM RN RIG CT HA BE WAY COM EL SSUM D W PURNELL R PU YD RL MAT H E M L D WORTH AVE UL TAN N ER W ELL AVE ERE S T CANT LE M PO H IN AY ON ST PARTINGT D LAKE AN D R OG FA I R WEN D L ER RIDG S Active Developments W E Richland RI Hills - O HA C Twin Creeks RD L W DR CA MP KA N ATA RD WA LL DR ST RE SS FO DA K E DR LR D EY EN CR RN EL ON RD JACKS A FA IR L RAVINE R BLUE RAVINE R D MOLLYNICK LN K NOLL VD BL LE N E L KEIGH PU UE BL T POR W IL SV G RD ES S W AY G UN O T THOMPSON MILL RD H IT CA IN D LN OR EF B LY K D SM PURNE LL RD DR ES TES CROSSING LN NR BU D AIN WA Y EM W LL DG E SO RI D CK JA KI RK DSONG VALLEY DR IN H LN I LL BAR NH W FA L T WO R RD ST DONLIN DR CT S COT E DR MOR E PA D D DURHAM RD TARBO RO Y HW 1A B AYNAM P ON D DR NG C REST DR KIMM O N WO ODS US CT CAREM A STER LI OSS CR VID L SLOW GAI T TRL Other Municipalities Property County Boundary Streets Railroads E ST Multifamily Development Projects that are Planned or Under Construction Project Name 1 Austin Creek 2 Capital Creek Apartments 3 Caveness Farms Villas of Wake Forest 4 Location 5 6 Villagio @ La Scalia Number of Lots/Units Approval Date/Status Under Construction Approved 9/2012 Wait Ave. NC (NC 98 East) Single-family, Multifamily, Residential, Subdivision 191.81 427 SingleFamily lots and 196 Townhome units/strucures Rogers Road Master Plan / Multifamily Apartments 21.79 315 Units Capital Blvd. Multifamily, Residential (Apartments & Condominiums) - Multifamily Apartments 17.334 260 units October 2011; Under Construction Multifamily, Residential, Townhomes 28.8 217 Units Master Plan Approved Dec. 2005 Multifamily, Residential (Apart28.38 ments) 248 units Sketch Plan approved 6/2012 Heritage Heritage Center Garden Dr. and Apartments Heritage Farm Rd. Stonegate @ St. Andrews Townhomes Development Type/Land Acreage Use Forestville Road (Stonegate @ St. Andrews Subdivision) Capital Blvd. HOLDING VILLAGE 288 Apartment Phase 1 & 2 (288 apartment Units & 144 units) complete. Phase 3 (144 Condominium condominium units approved in Units Dec. 2004 Under Construction COLLIERS INTERNATIONAL P. 15 Market Overview Accolades TOWN OF WAKE FOREST Wake Forest is located in Northern Wake county approximately 8 miles north of Raleigh. The population has doubled to approximately 35,000 in the last ten years, a 132.10% population growth, and the pace is expected to continue with an estimated 47,770 by 2025. Wake Forest is accessible, commuter-friendly and a hub for transportation. Three interstates, part of the largest stated-maintained highway system in the country, intersect nearby providing major thoroughfares to all of the key destinations up and down the East Coast and across the region. A trip to downtown Raleigh, Durham or the Research Triangle Park can be made in less than 30 minutes on relatively uncongested roadways. It only takes 25 minutes to get to RDU airport, where nearly 5,000 domestic and international flights arrive or depart on 18 major airlines annually. Being situated between the Blue Ridge Mountains to the west and the balmy beaches of the Atlantic Ocean to the east creates a climate with four mild seasons, a mean temperature of 61 degrees, more than 200 days of sunshine and zero measured inches of snow. Northern Wake County’s growth was fueled by the addition of I-540. Commutes have been greatly improved and it opened up the opportunity for people to purchase affordable homes and still be easily accessible to all areas of the Triangle. > QUALITY OF LIFE The residents of Wake Forest enjoy a unique lifestyle that combines the best of a small town sensibility with suburban amenities and metropolitan sophistication. Safe, tree-lined neighborhoods offer surprisingly affordable housing with choices that can include a home in a historic neighborhood, a spectacular golf course community or a bucolic rural setting with a few acres. Low taxes and a lower overall cost of living translate into more discretionary income and spending power. Wake Forest has a comprehensive system of parks and greenways and borders Falls Lake, a major state park. The town is culturally alive offering well-attended concert series, arts festivals and artist studio tours, a monthly Art After Hours in historic downtown, garden and historic home tours and easy access to three renowned museums of art, history and natural sciences. Professional and top-ranked college sports teams delight fans and reward them with championship play on a regular basis. > EDUCATION Wake Forest’s excellent public schools are in the acclaimed Wake County school district. Wake County Public Schools is ranked the #1 school district in the country for certified teachers and has standard proficiency test scores that exceed national averages. SAT scores surpass state and national levels, and 75 percent of students take the test versus a national average participation rate of only 45 percent. There are also exceptional private school options in the area, as well as charter and innovative magnet schools. An aspiring student does not have to travel far to pursue world-class higher education. Duke University, The University of North Carolina and North Carolina State University are all within the Triangle area as are eleven more highly regarded public and private schools. Source: Wake Forest Area Chamber of Commerce HOLDING VILLAGE COLLIERS INTERNATIONAL P. 18 TRIANGLE REGION > OVERALL • Raleigh-Wake County #1 America’s 50 Best Cities • Raleigh #1 Fastest Growing City Business Businessweek.com, September 2011 Facilities, August 2013 • Raleigh #3 City for Business Prosperity in > EDUCATION 2014Business Review USA, January 2014 • Raleigh-Cary #7 Metro with Most College• Wake County Public School System (WPSS) Educated Residents New York Times, May 2012 ±140,000 students, the largest system in NC and • Raleigh-Cary #3 Fastest Growing American City is consistently a top performer. Huffington Post, August 2012 • WCPSS has been recognized over the years for • Wake County #6 Hottest American City of the having one of the top performing K-12 programs Future, Yahoo Finance, June 2012 in the nation • Raleigh #1 Ten Booming Markets for Your IT Job • Anticipated school assignments include Forest Search, Dice.com, March 2012 Pines Elementary School, Wake Forest-Rolesville • Raleigh-Cary #1 America’s Leading Creative Middle School, and Heritage High School Metros, TheAtlanticCities.com, July 2012 • Raleigh-Cary #6 America’s Leading High-Tech > GROWTH Metros, TheAtlanticCities.com, June 2012 • #4 Fastest-Growing City, March 2013 • #2 Biggest Boom Town, July 2011 > QUALITY OF LIFE • #5 Best City to Raise a Family, April 2012 • Raleigh-Cary #1 Best Large Metro for Home #4 Best City for Young Entrepreneurs, April 2013 ownership Nerd Wallet, January 2014 #5 Hottest Tech Spot, January 2013 • Raleigh-Durham-Cary #7 Best Bang for your #1 Most Wired City, March 2010 Buck City TheFiscalTimes.com, June 2012 #2 Best Place for Business and Careers, June • Wake County #1 Healthiest County in NC 2012 (#1 in 2011) CountyHealthRankings.org, 2010-2013 #2 City Creating the Most Technology Jobs, • Raleigh Places #5 Ecofriendliest City Thumbtack, November 2013 August 2012 #2 Biggest Brain Magnet in the Nation, February • Durham #1 “Tastiest Town in the South” 2011 Southern Living, January 2013 (Raleigh made top #3 Best Place for Business and Careers, August 10, January 2012) 2013 Top 3 City to Start a Business, September 2013 Raleigh #5 Most Cost-Attractive Business Location KPMG, March 2012 > INNOVATION & ENTREPRENEURSHIP • • • • • • • • • HOLDING VILLAGE COLLIERS INTERNATIONAL P. 19 Demographics 1, 3, & 5 Mile Radius Radius 1-Mile 3-Mile 5-Mile POPULATION TREND 2000 3,566 17,257 30,740 2010 5,852 37,718 74,610 Change 2000-2010 5.08% 8.13% 9.27% 2010-2013 1.21% 3.48% 2.89% (Projected) 2018 6,715 48,944 94,084 Projected Change 2013 to 2018 1.99% 3.03% 2.82% HOUSEHOLD TREND 2000 1,390 6,280 11,040 2010 2,263 13,501 26,631 Change 2000 to 2010 4.99% 7.96% 9.20% 2013 2,359 15,084 29,204 (Projected) 2018 2,603 17,487 33,542 Projected Change 2013 to 2018 1.98% 3.00% 2.81% Population Trend: In the identified area, the current year population is 81,851. In 2010, the Census count in the area was 74,610. The rate of change since 2010 was 2.89% annually. The five-year projection for the population in the area is 94,084 representing a change of 2.82% annually from 2013 to 2018. Currently, the population is 48.1% male and 51.9% female. Household Trend: The household count in this area has changed from 26,631 in 2010 to 29,204 in the current year, a change of 2.88% annually. The five-year projection of households is 33,542, a change of 2.81% annually from the current year total. Average household size is currently 2.79, compared to 2.79 in the year 2010. The number of families in the current year is 22,121 in the specified area. *Data Sourced from ESRI: U.S. Census Bureau, Census 2010 Summary File 1. HOLDING VILLAGE COLLIERS INTERNATIONAL P. 20 Radius 1-Mile 3-Mile 5-Mile 2013 DEMOGRAPHICS Total Population 6,086 42,157 81,851 Total Households 2,359 15,084 29,204 % Male 46.6% 48% 48.1% % Female 53.4% 52% 51.9% Total Businesses 515 2,493 4,420 Total Employees 2,875 12,177 19,620 HOUSING UNITS Total Housing Units 2,539 16,167 31,023 Owner-Occupied 1,407 10,236 21,737 Vacant 180 1,083 1,819 Renter Occupied 952 4,848 7,467 HOUSEHOLD INCOME Average Household Income $75,170 $95,291 $96,933 Median Household Income $56,879 $66,392 $70,325 Per Capita Income $29,760 $34,147 $34,767 Housing Units: Currently, 70.1% of the 31,023 housing units in the area are owner occupied; 24.1%, renter occupied; and 5.9% are vacant. Currently, in the U.S., 56.4% of the housing units in the area are owner occupied; 32.3% are renter occupied; and 11.3% are vacant. In 2010, there were 28,529 housing units in the area - 71.1% owner occupied, 22.2% renter occupied, and 6.7% vacant. The annual rate of change in housing units since 2010 is 3.80%. Median home value in the area is $276,448, compared to a median home value of $177,257 for the U.S. In five years, median value is projected to change by 1.44% annually to $296,951. HOLDING VILLAGE Household Income: Current median household income is $70,325 in the area, compared to $51,314 for all U.S. households. Median household income is projected to be $82,251 in five years, compared to $59,580 for all U.S. households Current average household income is $96,933 in this area, compared to $71,842 for all U.S households. Average household income is projected to be $116,294 in five years, compared to $83,667 for all U.S. households Current per capita income is $34,767 in the area, compared to the U.S. per capita income of $27,567. The per capita income is projected to be $41,658 in five years, compared to $32,073 for all U.S. households. COLLIERS INTERNATIONAL P. 21 Area School Performance Forest Pines Elementary School 2011-2012 SchoolPYear FOREST I N ES E L E M E N TA RY SCH OOL Avg Class Size Our School District State Kindergarten Grade 1 23 20 19 School Size Our School: District: State: (Anticipated School Assignment) Grade 2 21 21 20 Grade 3 23 20 19 Grade 4 20 20 20 Grade 5 30 22 21 29 23 21 646 680 499 Overall Student Performance Performance of Students in Each Grade on the ABCs End-of-Grade Tests Percentage of students' scores at or above grade level* Grade 3 Grade 4 Grade 5 OVERALL Reading Math Reading Math Reading Math Reading Math Our School 80.00% 88.60% 77.70% 86.80% 86.00% 82.60% 81.30% 85.90% # of Tests Taken 105 105 121 121 121 121 347 347 District 75.30% 87.20% 78.70% 89.20% 79.80% 87.10% 77.40% 86.40% State 68.80% 82.80% 71.60% 85.10% 72.30% 82.10% 71.20% 82.80% Performance of Students on the End-of-Grade Science Tests for NCLB Percentage of students' scores at or above grade level* Grade 5 Our School 80.20% # of Tests Taken 121 District 78.40% State 75.90% Additional Student Performance Data Our School's Designation(s): School of Distinction, High Growth Designation % of Schools with Designation Growth Performance Learning achieved in one year Students performing Expected High Expected at grade level Growth not growth growth achieved Honor School of Excellence School of Excellence School of Distinction School of Progress No Recognition Priority School Low Performing HOLDING VILLAGE At least 90% of students at grade level and the school met all AMO targets At least 90% of students at grade level 80 to 90% of students at grade level 60 to 80% of students at grade level 60 to 100% of students at grade level 50 to 60% of students at grade level or Less than 50% of students at grade level Less than 50% of students at grade level District State -- 11% 9% -- 1% 0% -- 56% 29% -- 30% 37% 2011-2012 Test -- -- 2% 1% -- -- 0% 17% Results SOURCE: Wake County Public School 8% System Website: http://wwwgis2. wcpss.net/ addressLookup/ 1% index.php COLLIERS INTERNATIONAL P. 24 Wake Forest-Rolesville Middle School 2011-2012 School YearREST-RO L ES V ILL E WAKE FO Avg Class Size Our School District State M I DD LE SCH OOL Grade 6 Grade 7 24 24 22 School Size Our School: District: State: (Anticipated School Assignment) Grade 8 23 25 22 24 25 21 1105 1019 668 Overall Student Performance Performance of Students in Each Grade on the ABCs End-of-Grade Tests Percentage of students' scores at or above grade level* Grade 6 Grade 7 Grade 8 OVERALL Reading Math Reading Math Reading Math Reading Math Our School 76.70% 81.50% 69.20% 80.30% 72.90% 83.30% 72.90% 81.80% # of Tests Taken 352 352 354 355 395 395 1,101 1,102 District 79.80% 84.90% 73.90% 84.30% 76.60% 85.60% 77.40% 86.40% State 75.20% 80.50% 68.20% 81.10% 71.10% 85.20% 71.20% 82.80% Performance of Students on the End-of-Grade Science Tests for NCLB Percentage of students' scores at or above grade level* Grade 8 Our School 75.50% # of Tests Taken 396 District 80.70% State 77.30% Additional Student Performance Data Our School's Designation(s): School of Progress, Expected Growth Designation Honor School of Excellence Performance Growth Learning achieved in one year Students performing at Expected High Expected grade level Growth not growth growth achieved At least 90% of students at grade level and the school met all AMO targets % of Schools with Designation District State 18% 8% School of Excellence At least 90% of students at grade level 0% 0% School of Distinction 80 to 90% of students at grade level 36% 31% School of Progress 60 to 80% of students at grade level 33% 41% No Recognition 60 to 100% of students at grade level 12% 12% Priority School 50 to 60% of students at grade level or Less than 50% of students at grade level 0% 8% Low Performing Less than 50% of students at grade level 0% 0% HOLDING VILLAGE 2011-2012 Test Results SOURCE: Wake County Public School System Website: http://wwwgis2. wcpss.net/ addressLookup/ index.php COLLIERS INTERNATIONAL P. 25 Heritage High School 2011-2012 School E YearH IG H HE RI TAG Average Course Size Our School District State School Size Our School: District: State: S C H OO L (Anticipated School Assignment) English I Algebra I 23 20 18 Biology 27 24 20 28 22 18 1314 1590 829 Overall Student Performance Performance of Students in Each Grade on the ABCs End-of-Grade Tests Percentage of students' scores at or above grade level* English I Algebra I Biology Our School 86.10% 82.50% 84.50% # of Tests Taken 505 269 483 District 87.00% 86.10% 87.20% State 82.90% 78.70% 83.00% SAT The percentage of high school seniors who took the SAT and combined scores on the SAT critical reading and SAT mathematics. Scores from the writing portion of the SAT are not included in these percentages. Average Total SAT Participation Rate (%) Score SOURCE: Our School 100.00% 822 2011-2012 Test Results District 74% 1063 Wake County Public School State 68.00% 997 System Website: Nation 52.00% 1010 http://wwwgis2.wcpss.net/ addressLookup/index.php Additional Student Performance Data Our School's Designation(s): School of Distinction, Expected Growth % of Schools with Growth Designation Performance Designation Learning achieved in one year Students performing at Expected District State Expected grade level High growth Growth not growth achieved Honor School of Excellence School of Excellence School of Distinction School of Progress No Recognition Priority School Low Performing HOLDING VILLAGE At least 90% of students at grade level and the school met all AMO targets 12% 20% At least 90% of students at grade level 80 to 90% of students at grade level 60 to 80% of students at grade level 8% 2% 48% 30% 8% 27% 60 to 100% of students at grade level 24% 19% 0% 2% 0% 0% 50 to 60% of students at grade level or Less than 50% of students at grade level Less than 50% of students at grade level COLLIERS INTERNATIONAL P. 26 MAKE HISTORY Sieze this opportunity to participate in the growth and transformation of Wake Forest ! FOR MORE INFORMATION, PLEASE CONTACT: Frank T. Quinn President & COO [email protected] 919 582 3150 Paul A. Pursell Vice President [email protected] 919 582 3154 Steven B. Peden Senior Vice President [email protected] 919 582 3122 Colliers International 702 Oberlin Road Suite 400 Raleigh, NC 27605 www.colliers.com/rdu