MULTIFAMILY DEVELOPMENT OPPORTUNITY
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- Benjamin Ford
- 6 years ago
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1 IFI VP PPI olding Village, ake Forest, PP B: Frank. Quinn President & teven B. Peden enior Vice President Paul. Pursell Vice President olliers International 702 berlin oad uite 400 aleigh,
2 B F I. PP FFI and ffering ummary: 6-7 Property verview: 8-9 ocation verview: omparable Property ata: ultifamily evelopment: II. VVI ccolades: emographics: II. PF (nticipated chool ssignments) Forest Pines lementary chool: 24 ake Forest-olesville iddle chool: 25 eritage igh chool: 26
3 F #2 mong 10 Best ities in.. (ake Forest) - ovoto, ovember 2013 #2 in Population rowth from (aleigh-ary, ) Federal eposit Insurance orp #4 best place for homeownership in orth arolina by erd allet, arch 2014 #3 Best ity in for Job eekers by erd allet, ctober 2013 old edal in erman-style ölsch/öln-style ölsch ategory (ölschstyle le at hite treet Brewing ompany, ake Forest) - orld Beer up, pril 2014 ree ity of the ear ( ivision of Forest esources, 2010) tandard & Poor s rating ertificate of xcellence in Financial eporting (ov t Finance fficers ssociation of the and anada, rd consecutive year) ain treet ity from the ept of ommerce ccredited as a ational ain treet Program ational rust of istoric Preservation P utstanding Planning ward for the enaissance Plan of for the eart of ake Forest (2007) P utstanding Planning ward for the eighborhood rea Plan (2007) mong 10 ew.. Breweries to atch, from.. to alifornia (hite treet Brewing ompany, ake Forest) - Bon ppétit, ay 2014
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5 Property ffering
6 and ffering ummary olding Village, a 246 acre land parcel, is a aster Planned ommunity- raditional eighborhood evelopment () that is located in one of the most vibrant residential growth township hubs in ake ounty, orth arolina. It is centered within the nationally recognized, historic own of ake Forest. he olding Village aster Plan, adopted on ay 6, 2013, incorporates all of the provisions of ection 2.5 of the nified evelopment rdinance () of the own of ake Forest. In accordance to ection of the, olding Village consists of three (3) sub-districts: 1. rban esidential (), 2. esidential ixed-se (X) and 3. eighborhood ixed se (X). olding Village s dynamic design artfully reinforces the own of ake Forest enaissance istrict concepts of open space, walkability, pedestrian streets, parks, outdoor setting areas, housing design and most certainly, connectivity to a mix of residential neighborhoods. II: o 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. I VI I II P. 6
7 olliers International, in conjunction with the aster eveloper, eader & Partners, is providing a unique opportunity in offering for sale and development a gross acre land parcel contained within the aster Planned 246 acre development. he gross acre parcel is identified and approved within the aster Plan for multifamily apartment development. he parcel is estimated to support a 368 unit apartment community. he land parcel has extensive frontage along oute 98 Bypass. hen built, the apartment community will serve as the saluting community directly situated at the main entrance to olding Village. his main entrance, at the intersection with outh Franklin treet, will be only a short walk or ride to the downtown ake Forest istoric istrict. he offering price for this gross acre parcel is $4,950,000, or approximately $13,500 per projected development unit. ver the past three to four years, ake ounty, and in particular, the own of ake 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. ultifamily 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 F and Freddie ac, return of ife Insurance companies to both lending and venturing fields and changing renter demographics. his 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 olding Village. Please contact any member of our ultifamily eam for additional information. II: o 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. I VI I II P. 7
8 Property verview > olding Village Future Intersection of. Franklin and -98 Bypass ake Forest, > I ±21.91 acres xhibit : pproximate site dimensions xhibit B: ubject property is a portion of this 246 acre master-planned development xhibit : ntire 246 acre master-planned development with concept plan overlay, acre site is outlined in red > PI- I VI ( acre parcel) (14.65 acre parcel) (38.28 acre parcel) (0.22 acre parcel) > I ( acre parcel) (14.65 acre parcel) (38.28 acre parcel) (0.22 acre parcel) > IP ake Forest > ZI: aster Planned for: rban esidential () esidential ixed-se (X) eighborhood ixed-se (X) > VP II aster-planned ultifamily > J F > PP olling with gentle springs & ponds > FFI -98 at site: 19, ast of apital Blvd.: 21,000 apital Blvd. orth at -98: 42,000 outh ain t. at site: 17,000 : average annual daily traffic > III ater and ewer: vailable to site > PI: $4,950,000 Price per acre: $225,924 Price per unit: $13,500 I VI I II P. 8
9 ubject property is a portion of this 246 acre XI BI : pproximate site dimensions X IBI B: master-planned development. Franklin t. ±350 ±625 ±1500 ±21.91 acres ±50 ±265 ±246 acres ±200 ±75 ±43 ±170 ±195 0 Friendsh ip 80 ±2 ±2 35 ±450 hapel d. X I BI : ntire 246 master-planned development, acre site is outlined in red ultifamily ite e rit ag e a ke d ivic/ffice Village lub/pool Village enter ± 246 acres I VI Village/ultifamily I II P. 9
10 ocation verview J I & P I F I urham aleigh-urham International irport ake Forest I hapel ill owntown aleigh layton rive imes: -1 - ±3 minutes owntown aleigh - ±25 minutes wy ±as frontage on wy. 98 owntown urham - ±35 minutes wy. 401 in olesville - ±10 minutes International irport - I ±13 minutes ±25 minutes I ±22 minutes I-85 - ±30 minutes I-40 - ±27 minutes I-95 - ±40 minutes -64- ±21 minutes I VI I II P. 10
11 I P 6 4 own of ake Forest & ake Forest ibrary 3 I Falls of euse d. Forest Pines lementary apital Blvd. 2 5 ake Forest- olesville iddle chool 1 Forestville d. 7 eritage igh chool rive imes: 3 ±4 minutes 5 ±3 minutes 1 akefield ommons ±6 minutes 6 ±5 minutes 4 ±4 minutes 2 ±5 minutes 7 ±4 minutes I VI I II P. 11
12 omparable Property ata ales and ompetitive Properties (F IFI VP) 2 urham I ake Forest hapel ill 4 5 aleigh-urham International irport ary owntown aleigh Property ddress creage he venues II ealm Patterson Place Jones rant partments Parkside Place he Bristol eridian at arris Pointe he Franklin 2520 atchford r. aleigh, urham r. urham, ake Forest d. aleigh, elly hapel d. ary, Bristol reek r. orrisville, arrison ve. ary, Jones Franklin d. aleigh, ate old: onth; ear ale Price Planned: nits; Price per unit ay-14 $4,263, $14, Jun-13 $4,500, $13, ov-13 $4,557, $18, ov-13 $5,300, $18, pr-12 $4,500, $17, ct-12 $3,600, $14, ug-13 $3,325, $16,708 I VI I II P. 12
13 IFI 4 Falls of euse d. Forest Pines lementary 1 2 apital Blvd. 3 ake Forest- olesville iddle chool I eritage igh chool Property ddress nits ating: Improvements; ocation cres ale ate Price Price Per nit 1 Bell akefield akwood View r. aleigh, B ct-13 $46,800,000 $130,000 2 he olumns hriswick ouse n. aleigh, B Jun-14 $39,161,625 $120,869 3 states at ake Forest 1524 oodfield reek r. ake Forest, B Jan-14 $37,225,000 $129,253 4 akefield len 2400 arden ill r. aleigh, B ov-14 $31,527,143 $128,159 I VI I II P. 13
14 ultifamily evelopment Projects that are Planned or nder onstruction B P J F P J F I I B I I I PP I I FI V I V I B F P VI F I P I I BV F I B V F V I BI I I PI I I P I ake Forest own imits I ake Forest Jurisdiction (J) I F VI I B VI I I V IB VI J I V I PI P F I II P. 14 I Q P V II I I I I I J I P P I esidential IFI PI I F I I Public Projects I on-esidential I I VI VI I P I P P I I I I I FI P F P I V I I I I P P F PII II I IV VP I F P I I FI tonegate at t ndrews ownhomes I V V VI P P VI I 5 tonegate at t ndrews V P P F P I I XB P F I B I I F JFF IV VI I BI I I X V V P PP I P I F II I P P P I I V I P J I FI B V B I I I I I I FI I IF I B V I I V d. Forestville FVI I I I I I F I FI B Q PI I B P I V F BV I I V I I I II P I Q I I B I B F I I P P I B F PI I I JBI V I I F I IV I I I F B I I I P IP V V I B I I I I F I B PI I B V V I B I I I I I I P V FI I I P Z I I I B I V I PIVI PI I VI P B I F P I I I B Q P I P I I BV PI BV VI P I PI P Q I ap P P I B V PI BV B B B V I P PI ital I P PI P FX F F PI P Blvd. I F B I P I IBB I I V B F FI PI B V I I I V F I V BV B B I F BI I I JI Z I B P B I I F I B F IV V I I I I I P I P V I FI I I P BV IZI P Q P F I I P PI X BV P IP I F P FI I I FI P VI I F P PB P F IV B V B IP I P I I I P PP I VII B I I I P Q I I I Q J F I I I F B P F I P B tonewater FF P P I P F I BI F I B V B I I I J B B I F P P I P P V V J eritage outh I B I I I V IF FI F I F F IX 1 BV V FXI I B V I F I F I I I V I orthampton ildflower P II F J I I P I I P V V J I I BI I eritage pring ownhomes at ildflower ildflower I at I ownes eritage outh P I ustin reek eritage ake Forest - V eritage eserve P P I I V BI B F eritage quare I I d. y air I I I s I eritage ake Forest - eritage verlook B V ne V ings len I IVI I I B P Bowling reen I V Jo PP Bishop's rant ownhomes, Phase 4 ait ve. I V J P FIV I VI V FI V B P I J eritage wim lub I F I I V F eritage orth I J Bishop's rant Phase 3 I eineke ar are I Bishop's rant V I J V ateway ommons V arefirst nimal I ospital J ollar ree eritage ake Forest eritage rest I I V J V he eserve V I V raditions outheast luster J I V I I I P I V un ty ty o ou n raditions ownhomes & menities enter klin ke PII a P V B I P P I I I I V V raditions outhwest Phase 1 P V I I Q I I V V I V PI P F V I B 238 llen d I B B Q IX I P I F F I P VI I raditions est & raditions etirement ommunity V JI P V I F Fra n P F P I I I I F B B V V B I PI I F V P I I B V B V I B V I F V I I PI V I I V V I P F I I BI I V I Flaherty Farms Phase 5 I F J P IZ B I IF B V V P J I B F BII F P VI I VI V I hearon Farms I F V 2 B I B I IP PI Franklin treet pts I P I hearon Farms ract 4 B F IV arillon ssisted iving apital reek pts. X I V hearon Farms F ndeavor harter chool I FI B V ake xpansion I I eritage Prof. Park est ake Forest hristian hurch 1601 eritage ommerce t B V I tarner addock Property, euse ollision Phase 1-3 Industrial enter Janko Park Building PZ VI I P I I V VI P outh Forest Business Park PI uperior ooling ddition I B I 4 I B I I P F I olding Village I F I weere arehouse ddition I V V J I I B I F V I B I IF F I. d rs ge o Porto Fino V V J he etreat at enaissance ownhomes P I I F Z I omestead at eritage Z V I B P I F V V P I I P I I I ffice Park I I V V VI eritage arden pts V PI I V V V I I I V V P V F IV V F I F I eritage ffice enter IP F ome arden ubdivision 6 I P edgefield Park orth V V ake Forest emetery P V J V V V FI V Villagio at a cala pts VI F F I F F I FVI I V I P FIIP I 3 Phoenix P P P I P P. t P P I I. FI B 401 Inc ffice Building in a V I Q FIF P F igon ill III d. B F P al Blv I V I V I I F eynolds ill menity B enter B V J X BV V F Z I I F eynolds ill F F I P B BB F PI B F F P V PP FI aveness Farms/Villas of ake Forest I F PI I P P hoppes at aveness hopping enter II P P BI apit V ZZI BV I I PI P F I I F I F I PI F P I I B VI F I PXI I I P P V F P F P I V P 3 X F I IV I V iena ffice Park P P I P B I V I J V I J PI I I P X V V J I B I B V F V V I P renshaw Village lde ake Forest I PI I V V I I I t atherine of iena hurch he egistry at Bennett Park I IP B I F P I I BI J I I I I J B 98 P X agnolia oods V B V IP V I I I F V V V V I V I he eadows lde hestnut ownes J I F F I I ampton ommons he tephenson enter P F P P I P I B B V B F P FI I I B Fifth hird Bank P d. V I ake Forest rossing Phase 2 F pdated: aech 2014 I I I I P B I B I I F P P I B J I I B ins B F V BI IV P B I B B I I I I t Ives P X I I I nk B VI Je ake Forest Fire tation #4 I arris rossing Prepared By: he own of ake Forest Planning epartment ichland ills I BI ichland reek lem. chool V F F B I I urphy il I VI I P B I P Q I V J I B P I B P P V V P I PI F I I ctive evelopments ichland I ills - win reeks P F J F I VI VI I V B I P B P I V P I I I F B P I I I J I V I I B F I P B 1 B P I I VI I ther unicipalities Property ounty Boundary treets ailroads
15 ultifamily evelopment Projects that are Planned or nder onstruction Project ame ocation evelopment ype/and se creage umber of ots/nits pproval ate/tatus 1 ustin reek ait ve. ( 98 ast) ingle-family, ultifamily, esidential, ubdivision ingle- Family lots and 196 ownhome units/strucures nder onstruction 2 apital reek partments ogers oad aster Plan / ultifamily partments nits pproved 9/ aveness Farms Villas of ake Forest apital Blvd. ultifamily, esidential (partments & ondominiums) partment nits & 144 ondominium nits Phase 1 & 2 (288 apartment units) complete. Phase 3 (144 condominium units approved in ec nder onstruction 4 eritage arden partments eritage enter r. and eritage Farm d. ultifamily partments units ctober 2011; nder onstruction 5 t. ndrews ownhomes Forestville oad t. ndrews ubdivision) ultifamily, esidential, ownhomes nits aster Plan pproved ec a calia apital Blvd. ultifamily, esidential (partments) units ketch Plan approved 6/2012 I VI I II P. 15
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17 arket verview
18 ccolades F F ake Forest is located in orthern ake county approximately 8 miles north of aleigh. he population has doubled to approximately 35,000 in the last ten years, a % population growth, and the pace is expected to continue with an estimated 47,770 by ake Forest is accessible, commuter-friendly and a hub for transportation. hree 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 ast oast and across the region. trip to downtown aleigh, urham or the esearch riangle Park can be made in less than 30 minutes on relatively uncongested roadways. It only takes 25 minutes to get to airport, where nearly 5,000 domestic and international flights arrive or depart on 18 major airlines annually. Being situated between the Blue idge ountains to the west and the balmy beaches of the tlantic cean 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. orthern ake ounty s growth was fueled by the addition of I-540. ommutes 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 riangle. > QI F IF he residents of ake Forest enjoy a unique lifestyle that combines the best of a small town sensibility with suburban amenities and metropolitan sophistication. afe, 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. ow taxes and a lower overall cost of living translate into more discretionary income and spending power. ake Forest has a comprehensive system of parks and greenways and borders Falls ake, a major state park. he town is culturally alive offering well-attended concert series, arts festivals and artist studio tours, a monthly rt fter ours 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. > I ake Forest s excellent public schools are in the acclaimed ake ounty school district. ake ounty Public chools is ranked the #1 school district in the country for certified teachers and has standard proficiency test scores that exceed national averages. scores surpass state and national levels, and 75 percent of students take the test versus a national average participation rate of only 45 percent. here are also exceptional private school options in the area, as well as charter and innovative magnet schools. n aspiring student does not have to travel far to pursue world-class higher education. uke niversity, he niversity of orth arolina and orth arolina tate niversity are all within the riangle area as are eleven more highly regarded public and private schools. ource: ake Forest rea hamber of ommerce I VI I II P. 18
19 I I > V aleigh-ake ounty #1 merica s 50 Best ities Businessweek.com, eptember 2011 > I ake ounty Public chool ystem (P) ±140,000 students, the largest system in and is consistently a top performer. P has been recognized over the years for having one of the top performing -12 programs in the nation nticipated school assignments include Forest Pines lementary chool, ake Forest-olesville iddle chool, and eritage igh chool > #4 Fastest-rowing ity, arch 2013 #2 Biggest Boom own, July 2011 > IVI & PIP #4 Best ity for oung ntrepreneurs, pril 2013 #5 ottest ech pot, January 2013 #1 ost ired ity, arch 2010 #2 Best Place for Business and areers, June 2012 (#1 in 2011) #2 ity reating the ost echnology Jobs, ovember 2013 #2 Biggest Brain agnet in the ation, February 2011 #3 Best Place for Business and areers, ugust 2013 op 3 ity to tart a Business, eptember 2013 aleigh #5 ost ost-ttractive Business ocation P, arch 2012 aleigh #1 Fastest rowing ity Business Facilities, ugust 2013 aleigh #3 ity for Business Prosperity in 2014Business eview, January 2014 aleigh-ary #7 etro with ost ollege- ducated esidents ew ork imes, ay 2012 aleigh-ary #3 Fastest rowing merican ity uffington Post, ugust 2012 ake ounty #6 ottest merican ity of the Future, ahoo Finance, June 2012 aleigh #1 en Booming arkets for our I Job earch, ice.com, arch 2012 aleigh-ary #1 merica s eading reative etros, hetlanticities.com, July 2012 aleigh-ary #6 merica s eading igh-ech etros, hetlanticities.com, June 2012 > QI F IF #5 Best ity to aise a Family, pril 2012 aleigh-ary #1 Best arge etro for ome ownership erd allet, January 2014 aleigh-urham-ary #7 Best Bang for your Buck ity hefiscalimes.com, June 2012 ake ounty #1 ealthiest ounty in ountyealthankings.org, aleigh Places #5 cofriendliest ity humbtack, ugust 2012 urham #1 astiest own in the outh outhern iving, January 2013 (aleigh made top 10, January 2012) I VI I II P. 19
20 emographics 1, 3, & 5 ile adius adius 1-ile 3-ile 5-ile PPI ,566 17,257 30, ,852 37,718 74,610 hange % 8.13% 9.27% % 3.48% 2.89% (Projected) ,715 48,944 94,084 Projected hange 2013 to % 3.03% 2.82% ,390 6,280 11, ,263 13,501 26,631 hange 2000 to % 7.96% 9.20% ,359 15,084 29,204 (Projected) ,603 17,487 33,542 Projected hange 2013 to % 3.00% 2.81% Population rend: In the identified area, the current year population is 81,851. In 2010, the ensus count in the area was 74,610. he rate of change since 2010 was 2.89% annually. he five-year projection for the population in the area is 94,084 representing a change of 2.82% annually from 2013 to urrently, the population is 48.1% male and 51.9% female. ousehold rend: he 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. he five-year projection of households is 33,542, a change of 2.81% annually from the current year total. verage household size is currently 2.79, compared to 2.79 in the year he number of families in the current year is 22,121 in the specified area. *ata ourced from I:.. ensus Bureau, ensus 2010 ummary File 1. I VI I II P. 20
21 adius 1-ile 3-ile 5-ile 2013 PI otal Population 6,086 42,157 81,851 otal ouseholds 2,359 15,084 29,204 % ale 46.6% 48% 48.1% % Female 53.4% 52% 51.9% otal Businesses 515 2,493 4,420 otal mployees 2,875 12,177 19,620 I I otal ousing nits 2,539 16,167 31,023 wner-ccupied 1,407 10,236 21,737 Vacant 180 1,083 1,819 enter ccupied 952 4,848 7,467 I verage ousehold Income $75,170 $95,291 $96,933 edian ousehold Income $56,879 $66,392 $70,325 Per apita Income $29,760 $34,147 $34,767 ousing nits: urrently, 70.1% of the 31,023 housing units in the area are owner occupied; 24.1%, renter occupied; and 5.9% are vacant. urrently, in the.., 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 % owner occupied, 22.2% renter occupied, and 6.7% vacant. he annual rate of change in housing units since 2010 is 3.80%. edian home value in the area is $276,448, compared to a median home value of $177,257 for the.. In five years, median value is projected to change by 1.44% annually to $296,951. ousehold Income: urrent median household income is $70,325 in the area, compared to $51,314 for all.. households. edian household income is projected to be $82,251 in five years, compared to $59,580 for all.. households urrent average household income is $96,933 in this area, compared to $71,842 for all. households. verage household income is projected to be $116,294 in five years, compared to $83,667 for all.. households urrent per capita income is $34,767 in the area, compared to the.. per capita income of $27,567. he per capita income is projected to be $41,658 in five years, compared to $32,073 for all.. households. I VI I II P. 21
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23 rea chool Performance
24 F PI (nticipated chool ssignment) vg lass ize indergarten rade 1 rade 2 rade 3 rade 4 rade 5 ur chool istrict tate chool ize ur chool: 646 istrict: 680 tate: 499 verall tudent Performance Performance of tudents in ach rade on the Bs nd-of-rade ests Percentage of students' scores at or above grade level* rade 3 rade 4 rade 5 V eading ath eading ath eading ath eading ath ur chool 80.00% 88.60% 77.70% 86.80% 86.00% 82.60% 81.30% 85.90% # of ests aken istrict 75.30% 87.20% 78.70% 89.20% 79.80% 87.10% 77.40% 86.40% tate 68.80% 82.80% 71.60% 85.10% 72.30% 82.10% 71.20% 82.80% Performance of tudents on the nd-of-rade cience ests for B Percentage of students' scores at or above grade level* rade 5 ur chool 80.20% # of ests aken 121 istrict 78.40% tate 75.90% dditional tudent Performance ata ur chool's esignation(s): chool of istinction, igh rowth esignation Performance tudents performing at grade level rowth earning achieved in one year xpected igh xpected rowth not growth growth achieved % of chools with esignation istrict tate onor chool of xcellence t least 90% of students at grade level and the school met all targets -- 11% 9% chool of xcellence chool of istinction chool of Progress o ecognition Priority chool ow Performing t 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 ess than 50% of students at grade level ess than 50% of students at grade level -- 1% 0% -- 56% 29% -- 30% 37% % 17% 1% 8% % 1% est esults : ake ounty Public chool ystem ebsite: wcpss.net/ addressookup/ index.php I VI I II P. 24
25 F-VI I (nticipated chool ssignment) vg lass ize rade 6 rade 7 rade 8 ur chool istrict tate chool ize ur chool: 1105 istrict: 1019 tate: 668 verall tudent Performance Performance of tudents in ach rade on the Bs nd-of-rade ests Percentage of students' scores at or above grade level* rade 6 rade 7 rade 8 V eading ath eading ath eading ath eading ath ur chool 76.70% 81.50% 69.20% 80.30% 72.90% 83.30% 72.90% 81.80% # of ests aken ,101 1,102 istrict 79.80% 84.90% 73.90% 84.30% 76.60% 85.60% 77.40% 86.40% tate 75.20% 80.50% 68.20% 81.10% 71.10% 85.20% 71.20% 82.80% Performance of tudents on the nd-of-rade cience ests for B Percentage of students' scores at or above grade level* rade 8 ur chool 75.50% # of ests aken 396 istrict 80.70% tate 77.30% dditional tudent Performance ata ur chool's esignation(s): chool of Progress, xpected rowth esignation onor chool of xcellence Performance tudents performing at grade level t least 90% of students at grade level and the school met all targets igh growth rowth earning achieved in one year xpected xpected rowth not growth achieved % of chools with esignation istrict tate 18% 8% chool of xcellence t least 90% of students at grade level 0% 0% chool of istinction 80 to 90% of students at grade level 36% 31% chool of Progress 60 to 80% of students at grade level 33% 41% o ecognition Priority chool ow Performing 60 to 100% of students at grade level 50 to 60% of students at grade level or ess than 50% of students at grade level ess than 50% of students at grade level 12% 12% 0% 8% 0% 0% est esults : ake ounty Public chool ystem ebsite: wcpss.net/ addressookup/ index.php I VI I II P. 25
26 I I (nticipated chool ssignment) verage ourse ize nglish I lgebra I Biology ur chool istrict tate chool ize ur chool: 1314 istrict: 1590 tate: 829 verall tudent Performance Performance of tudents in ach rade on the Bs nd-of-rade ests Percentage of students' scores at or above grade level* nglish I lgebra I Biology ur chool 86.10% 82.50% 84.50% # of ests aken istrict 87.00% 86.10% 87.20% tate 82.90% 78.70% 83.00% he percentage of high school seniors who took the and combined scores on the critical reading and mathematics. cores from the writing portion of the are not included in these percentages. verage otal Participation ate (%) core ur chool % 822 istrict 74% 1063 tate 68.00% 997 ation 52.00% 1010 dditional tudent Performance ata ur chool's esignation(s): chool of istinction, xpected rowth esignation Performance tudents performing at grade level igh growth rowth earning achieved in one year xpected growth : est esults ake ounty Public chool ystem ebsite: addressookup/index.php xpected rowth not achieved % of chools with esignation istrict tate onor chool of xcellence chool of xcellence chool of istinction chool of Progress o ecognition Priority chool ow Performing t least 90% of students at grade level and the school met all targets t 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 ess than 50% of students at grade level ess than 50% of students at grade level 12% 20% 8% 2% 48% 30% 8% 27% 24% 19% 0% 2% 0% 0% I VI I II P. 26
27 I ieze this opportunity to participate in the growth and transformation of ake Forest! F IFI, P : Frank. Quinn President & frank.quinn@colliers.com teven B. Peden enior Vice President steven.peden@colliers.com Paul. Pursell Vice President paul.pursell@colliers.com olliers International 702 berlin oad uite 400 aleigh,
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