Buckroe Beach Master Plan
Overview
The Buckroe Master Plan involves a series of recommendations designed to strengthen the unique identity of this beachfront community. Included are suggestions for new housing tailored to meet market demands, new and improved parks and open space, as well as housing which compliments the historic beach architecture.
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Key Elements
- Streets – improve entrances on Mallory Street, Buckroe Avenue, and Pembroke Avenue.
- Parks and Fishing Pier – improve and redesign park and open space area to promote connectivity throughout the Buckroe Area. Establish new open space with trails, paths, and restored wetlands. Rebuild the former fishing pier.
- Housing – Create multi-family, mixed income communities. Architectural design based on Colonial and Victorian styles will reflect the coastal location of Buckroe and possess elements such as porches, awnings, and dormers.
- Commercial Development – Re-establish Buckroe Avenue as the community main street. This would include new commercial space and an overall mix of retail that includes small restaurants and local retail.
Housing Market Study
Boundaries of the Study Area
The Master Plan boundaries are from the Chesapeake Bay to the east, the Salt Pond Inlet to the north, Old Buckroe Road, Long Green and Shelton Roads to the west, and Mill Creek to the south, an area that includes Buckroe Beach and Buckroe Park and a small neighborhood in Buckroe.
Market Potential By Draw Area
Hampton: 43.3 percent
Region: 23.4 percent
Nation: 33.3 percent
Market Potential By Household Types
Affluent Empty Nesters and Retirees: 43 percent
Dual income, family-oriented: 35 percent
Younger Singles and Childless Couples: 22 percent
Target Residential Mix
| Type: |
Number of Households |
Capture Rate |
New Units/Year |
| For-Sale Multi-Family |
330 |
15-25% |
50-83 |
| For-Sale SF attached |
310 |
15-25% |
47-78 |
| Low-range SF |
270 |
15-25% |
41-68 |
| Mid-range SF |
320 |
15-25% |
48-80 |
| High-range SF |
200 |
15-25% |
30-50 |
| Total: |
1430 |
294-489/yr. |
Over five years, an annual 15 to 25 percent capture of market potential could lead to the creation of between 1,470 and 2,445 new for-sale housing units within the Buckroe Beach Study Area.
Market Analysis
A Buckroe Beach area market analysis was performed in 2004-2005 by Economics Research Associates for retail/restaurant uses. The study area generally covers the one-three-five mile trade area around the 1400 block of Pembroke Avenue.
- Priority should be placed on repositioning existing retail space to improve the quality and location of neighborhood servicing retail. New uses should complement rather than compete with existing productive businesses.
- There is approximately 605,200 sf of retail space in submarket, of which 246,000 sf is within the 1-mile trade area.
- The 3-mile trade area population is relatively young with one-third of the population within the 25 to 29 year-old age group.
- The median age is 35 years old and the median household income is $52,796.
- Over 20% of the trade area households earn more than $75,000 annually.
- The total gross spending power of existing residents is over $400 million with that increasing to over $410 million after new proposed residential development.
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