South Iredell Demographic and Employment Forecast. Iredell County, NC

South Iredell Population & Employment Forecast South Iredell Demographic and Employment Forecast Iredell County, NC Prepared for Town of Mooresville Town of Troutman Iredell County Prepared by 223 N. Graham Street Suite 200 Charlotte, NC 28202 Client: Towns of Mooresville & Troutman

South Iredell Population & Employment Forecast Table of Contents I. INTRODUCTION... 1 II. DEMOGRAPHIC FORECAST... 3 A. HOUSEHOLDS... 3 B. POPULATION... 5 III. EMPLOYMENT FORECAST... 6 IV. LAND DEMAND FORECAST... 9 A. RESIDENTAIL... 9 B. NON-RESIDENTIAL... 9 V. APPENDIX-DEMOGRAPHICS VI. APPENDIX-EMPLOYMENT VII. APPENDIX-LAND DEMAND Client: Towns of Mooresville & Troutman

South Iredell Demographic & Employment Forecast I. Introduction Warren & Associates prepared the following household/population (demographic) and employment forecasts for the towns of Mooresville and Troutman, and Iredell County. The forecasts will be utilized as part of public utility, transportation and land use planning efforts in each jurisdiction. The household and population forecasts do not recognize specific age or income cohorts. The employment forecasts were divided among office, industrial, retail and other categories, based on the type of space occupied. The South Iredell Study Area (Study Area) is comprised of 34 Census block groups. These block groups cover Iredell County south of the Statesville city limits to Mecklenburg County. Of the 34 block groups, 26 are considered under the influence of the Town of Mooresville and 8 are under the influence of the Town of Troutman. Much of the Study Area north of NC-150 remains rural, but growth is accelerating in and around Troutman. Suburban subdivisions and the historic downtown of Mooresville characterize the area south of NC-150. Locations adjacent to Lake Norman are almost exclusively single-family residential. The most urban part of the study area is downtown Mooresville, containing three story commercial development with retail on the bottom floor and either retail storage, office space or apartments above. I-77 is the primary highway through the Study Area, connecting Mecklenburg County on the south to Statesville on the north. I-77 is not scheduled for widening through the Study Area according to the North Carolina Department of Transportation (NCDOT). However, at least two more interchanges are proposed. Exit 32 would be built at Langtree Road just north of the Iredell/Mecklenburg County line. There have also been discussions regarding an exit at Brawley School Road (Exit 34). In addition to these two new exits, a major modification to Exit 45 would serve a large proposed project east of I-77. The only road that crosses Lake Norman and connects the study area to Catawba County is NC-150. This road is also the primary connector to Rowan County to the east. There are no plans to widen this heavily-traveled road, which narrows from five to two lanes approximately one mile west of I-77. Clients: Mooresville, Troutman & Iredell Co. 1

South Iredell Block Groups (/ 64.-, 40 (/ 70 612.2 612.3 613.3 612.1 612.7 612.6 612.4 612.5 613.4 612.8 612.9.-, 77 613.2 613.5 %g 801 614.2 614.1 %g 115 613.1 %g 150 614.3 614.5 614.4 614.6 %g 152 615.1 615.2 616.1 616.2 615.3 616.3 615.4 615.6 616.6 616.4 615.5 616.5 Lake Norman 614.7 614.8 Troutman Block Groups Mooresville Block Groups

South Iredell Demographic & Employment Forecast II. Demographic Forecast A. Households The South Iredell Study Area is projected to increase from 21,403 households in 2000 to 52,494 households in 2025. The gain of 31,091 households represents a 145.3% increase over a 25-year period. The Mooresville area would gain 24,640 households, while Troutman would gain 6,451. In spite of the lower absolute increase, Troutman would actually grow at a higher 148% rate. Household Growth, 2000-2025 2000-2025 Change 2000 1Q 2004 2005 2010 2015 2020 2025 Number Percent Mooresville 17,031 21,639 23,617 28,588 33,552 37,347 41,671 24,640 144.7% Troutman 4,372 4,919 5,093 5,799 7,394 9,266 10,823 6,451 147.6% Total 21,403 26,558 28,710 34,387 40,946 46,613 52,494 31,091 145.3% Mooresville s growth would begin to moderate after 2015, when the block groups along Lake Norman on the Brawley School Peninsula would begin to build out. This lake front demand would then shift to block groups to the north that are currently more rural in character and to the south where transportation improvements are planned. First quarter 2004 households were determined by adding the total number of for-sale residential closings and the gain in occupied rental apartments to the 2000 Census. To project Mooresville s household growth, the house closing trend by block group between 1999 and the first quarter of 2004 was extended into the future. The total number of vacant developable acres, as supplied by the Iredell County and Mooresville Planning Departments, was then used to place a building cap on each block group. Open space and nonresidential uses were then netted out of this acreage and a specific development density was applied to each block group. Land capacity was further reduced by street and other infrastructure requirements. Mooresville block groups were assumed to grow at their current pace unless the block group was determined to build out prior to 2025. In those cases, a portion of the demand was shifted to block groups that offer similar attributes and amenities. Some block groups that had experienced no recent growth were assumed to grow in the future due to proposed public investments or private developments. Troutman s growth between the first quarter of 2004 and 2010 is based on house closing trends and neighborhoods either under development or planned. After 2010, the same rates of growth were applied. The two exceptions were block groups 612.7, which is projected to absorb lakefront housing demand from areas to the south, and 613.3, which is expected to grow much more rapidly once a large planned community extends south from US-70 in Statesville. Clients: Mooresville, Troutman & Iredell Co. 3

Household Growth by Block Group, 1Q 2004-2025.-, 40 (/ 64 (/ 70.-, 77 %g 801 %g 150 %g 115 %g 152 Lake Norman Household Growth 0-500 501-1000 1001-1500 > 1500

South Iredell Demographic & Employment Forecast Total Households, 2000-2025 50,000 Households 40,000 30,000 20,000 10,000 Mooresville Troutman 0 2000 2005 2010 2015 2020 2025 Year B. Population The Study Area is projected to grow by 81,098 residents, or 140.2%, between 2000 and 2025. Of the total 2025 population of 136,845 persons, Mooresville s designated block groups would contain 109,602 persons (80%) and Troutman s sphere of influence would contain 27,243 persons (20%). Total Population, 2000-2025 2000-2025 Change 2000 1Q 2004 2005 2010 2015 2020 2025 Number Percent Mooresville 44,520 56,824 62,046 75,139 88,139 98,251 109,602 65,082 146.2% Troutman 11,227 12,529 12,956 14,691 18,638 23,302 27,243 16,016 142.7% Total 55,747 69,353 75,002 89,830 106,777 121,553 136,845 81,098 145.5% Population projections were derived from the household projections. Persons per household trends were analyzed between 1990 and 2000. The slight decline recorded over the ten-year period was assumed to continue until 2004, although at a slower rate to account for stabilization. The 2004 persons per household was then held constant going forward for each block group. Total Population, 2000-2025 Population 120,000 100,000 80,000 60,000 40,000 20,000 0 2000 2005 2010 2015 2020 2025 Year Mooresville Troutman Clients: Mooresville, Troutman & Iredell Co. 5

South Iredell Demographic & Employment Forecast III. Employment Forecast Total employment in the Study Area is forecasted to grow from 21,537 jobs in 2002 to 70,305 jobs by 2025. This gain of 48,768 jobs would be a 226.4% increase for the 23-year period. In absolute terms, the Mooresville area would gain 40,576 jobs and the Troutman area would gain 8,192 jobs. Given its current lower employment base, Troutman would grow at a faster rate of 255% than Mooresville s 222%. Total Employment, 2002-2025 2002-2025 2002 2005 2010 2015 2020 2025 Number Percent Mooresville 18,321 25,635 36,965 45,385 51,818 58,897 40,576 221.5% Troutman 3,216 4,198 5,891 6,924 8,667 11,408 8,192 254.7% Total 21,537 29,833 42,856 52,309 60,485 70,305 48,768 226.4% The aggregate 2002 employment numbers are based on TAZ data supplied by the Centralina Council of Governments (COG). The 2010 forecasts are also largely attributed to COG, though in some cases, numbers were revised to reflect data shared by specific employers and economic developers. Annual growth rates from 2002 to 2010 provided by COG were initially applied to the 2010-2025 forecast. However, after review of available land, topography, recent industry announcements, and employment trends, these numbers were adjusted. Employment was divided into four sectors based on the type of space occupied: Retail Office Industrial Other (school, religious, civic, and employed at home) Total Employment, 2005-2025 Total Employment 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 2005 2010 2015 2020 2025 Year Mooresville Troutman In total, 40,471 new jobs are forecasted for the Study Area between 2005 and 2025, with 33,262 of those in the Mooresville designated block groups, and 7,029 in Troutman. Office-occupying employment is projected to add the most jobs overall between 2005 and 2025, primarily due to dramatic growth in Clients: Mooresville, Troutman & Iredell Co. 6

Total Employment Growth by Block Group, 2005-2025.-, 40 (/ 64 (/ 70.-, 77 %g 801 %g 150 %g 115 %g 152 Lake Norman Total Employment Growth 1-1000 1001-2000 2001-3000 > 3000

South Iredell Demographic & Employment Forecast Mooresville. The 18,083 projected new office jobs would account for 45% of the total growth. Retail accounts for 27% of the overall gain, but 45% of the Troutman total. Industrial and Other jobs would account for about 14% of the projected increase. Employment is projected to total 70,305 jobs by 2025. The Mooresville sphere of influence would account for 84% of composite employment, down slightly from 86% in 2005. Troutman area employment would accelerate beginning in 2015. Employment Growth, 2005-2025 Retail Office Industrial Other Total Mooresville 7,799 16,256 4,930 4,277 33,262 Troutman 3,266 1,827 780 1,336 7,209 Total 11,065 18,083 5,710 5,613 40,471 % of Total 27.3% 44.7% 14.1% 13.9% 100.0% By category, the Study Area could have 27,161 office jobs, 20,925 retail jobs, 11,271 industrial jobs and 10,898 other jobs in 2025. In Troutman, more retail jobs (37%) are projected than office jobs (29%). This is typical of rapidly growing suburban areas, and also reflects the large commercial project planned in block group 613.3 east of I-77. Total Employment, 2025 Retail Office Industrial Other Total Mooresville 16,735 24,456 9,298 8,408 58,897 Troutman 4,240 2,705 1,973 2,490 11,408 Total 20,975 27,161 11,271 10,898 70,305 % of Total 29.8% 38.6% 16.0% 15.5% 100.0% Office-occupying jobs will be the largest sector in 2025, with a 38.6% share. Most of these jobs (90%) will be in Mooresville, boosted in large part by the Lowe s Home Improvement Corporate Facility at Exit 33. Total Employment by Sector, 2025 30,000 25,000 Employment 20,000 15,000 10,000 5,000 Mooresville Troutman 0 Retail Office Industrial Other Sector Clients: Mooresville, Troutman & Iredell Co. 8

South Iredell Demographic & Employment Forecast IV. Land Demand Forecast A. Residential Based on data and input provided by the client jurisdictions, there are an estimated 67,997 vacant acres in the Study Area. Due to topography, zoning, watershed, and infrastructure issues, we estimate that 47,141 acres could be developed for residential use. Future densities range from 1.5 to 5 units per acres to account for water/sewer availability, watershed restrictions, future transit and roads, and zoning. Based on these parameters, 77,244 additional housing units could be added to the Study Area by 2025. This includes 47,252 housing units that could be added to the Mooresville designated block groups and 29,992 housing units in the Troutman area. Residential Land Capacity Residential Household Vacant Developable Growth Acres Acres Capacity Mooresville 38,064 27,243 47,252 Troutman 29,933 19,898 29,992 Total 67,997 47,141 77,244 The Study Area is forecasted to absorb 13,623 residential acres between 2005 and 2025, representing 29% of the currently estimated developable supply. The Mooresville block groups would absorb a higher 36% share of capacity, while the Troutman block groups would absorb 19% of capacity. Residential Land Absorption, 2025 Residential Residential Developable Acres Remaining Acres Absorbed Acres, 2025 Mooresville 27,243 9,764 17,479 Troutman 19,898 3,859 16,039 Total 47,141 13,623 33,518 By 2025, a total of 33,518 acres could remain for residential development in the Study Area. The supply would be divided almost equally between the Mooresville and Troutman block groups. B. Non-Residential Employment growth was converted into square footage demand based on varying occupancy standards. For example, the typical office worker requires less space (200 sq. ft.) than a retail (400 sq. ft.) or industrial (800 sq. ft.) worker. As a result, office would require the least amount of space even though it is forecasted to add the most jobs. A total of 12,610,447 square feet of new non-residential space could accommodate the forecasted employment growth by 2025. Of the total, 10,314,735 square feet would emerge in Mooresville s block groups and 2,295,712 square feet in Troutman s. Clients: Mooresville, Troutman & Iredell Co. 9

Building Limits by Block Group Percent Percent Residential Units Household 15% Block Total Vacant or Vacant Residential Developable Per Growth Less Group Acres Unplatted Acres Developable Acres Acre Capacity Capacity 612.1 8,025.5 70% 5,617.8 90% 5,056.1 1.5 7,584 6446 612.2 5,358.7 60% 3,215.2 90% 2,893.7 1.5 4,341 3689 612.3 2,809.8 50% 1,404.9 70% 983.4 2.0 1,967 1672 612.4 2,587.8 80% 2,070.2 80% 1,656.2 2.0 3,312 2816 612.5 2,482.8 70% 1,737.9 25% 434.5 2.0 869 739 612.6 2,935.1 70% 2,054.6 50% 1,027.3 2.0 2,055 1746 612.7 5,960.6 90% 5,364.5 20% 1,072.9 1.5 1,609 1368 613.3 9,408.1 90% 8,467.3 80% 6,773.9 2.0 13,548 11516 Troutman 39,568.4 76% 29,932.6 66% 19,897.9 1.8 35,284 29,992 612.8 4,861.1 40% 1,944.4 90% 1,750.0 2.0 3,500 2975 612.9 4,908.0 40% 1,963.2 70% 1,374.2 3.0 4,123 3504 613.1 4,902.2 40% 1,960.9 60% 1,176.5 3.0 3,530 3000 613.2 5,232.0 75% 3,924.0 80% 3,139.2 2.0 6,278 5337 613.4 5,801.5 90% 5,221.4 90% 4,699.2 1.5 7,049 5992 613.5 7,664.7 60% 4,598.8 50% 2,299.4 2.0 4,599 3909 614.1 6,788.5 5% 339.4 95% 322.5 1.5 484 411 614.2 4,291.3 10% 429.1 90% 386.2 1.5 579 492 614.3 3,276.4 15% 491.5 70% 344.0 3.0 1,032 877 614.4 2,209.8 5% 110.5 50% 55.2 1.5 83 70 614.5 1,846.6 15% 277.0 35% 96.9 3.0 291 247 614.6 3,075.2 35% 1,076.3 40% 430.5 2.0 861 732 614.7 3,313.6 45% 1,491.1 50% 745.6 1.5 1,118 951 614.8 10,462.6 80% 8,370.1 70% 5,859.1 2.0 11,718 9960 615.1 522.3 16% 83.6 24% 20.1 5.0 100 85 615.2 726.4 60% 435.8 85% 370.5 2.0 741 630 615.3 185.7 4% 7.4 55% 4.1 5.0 20 17 615.4 3,731.6 75% 2,798.7 85% 2,378.9 2.0 4,758 4044 615.5 1,453.6 40% 581.4 75% 436.1 3.0 1,308 1112 615.6 545.1 5% 27.3 90% 24.5 3.0 74 63 616.1 596.3 5% 29.8 40% 11.9 5.0 60 51 616.2 435.8 5% 21.8 90% 19.6 3.0 59 50 616.3 175.1 1% 1.8 0% 0.0 4.0 0 0 616.4 654.9 35% 229.2 85% 194.8 4.0 779 662 616.5 2,216.7 60% 1,330.0 65% 864.5 2.0 1,729 1470 616.6 1,064.1 30% 319.2 75% 239.4 3.0 718 610 Mooresville 80,941.1 47% 38,063.7 72% 27,243.0 2.0 55,591 47,252 Totals 120,509.5 67,996.3 47,140.9 90,875 77,244

South Iredell Demographic & Employment Forecast Square Foot Growth, 2005-2025 Retail Office Industrial Total Mooresville 3,119,518 3,251,119 3,944,098 10,314,735 Troutman 1,306,537 365,379 623,796 2,295,712 Total 4,426,055 3,616,498 4,567,894 12,610,447 % of Total 35.1% 28.7% 36.2% 100.0% Square footage growth is converted to acreage demand based on Floor Area Ratios (FARs) for the different classes of space. These ratios are based on urban, suburban or rural districts. Retail space is expected to consume the most land, followed closely by industrial. Office, due to its relatively high FAR, will need the least amount of land. Non-Residential Acreage Demand, 2005-2025 Retail Office Industrial Total Mooresville 255.69 156.34 296.02 708.05 Troutman 119.97 33.55 47.74 201.26 Total 375.66 189.89 343.76 909.31 % of Total 41.3% 20.9% 37.8% 100.0% Note: Summation differences due to rounding. Of the 909 total acres required to accommodate the forecasted building square footage demand, 708 acres (78%) would be in the Mooresville block groups and 201 acres (22%) would be in the Troutman area. The Mooresville office land is net of the Lowe s Home Improvement Corporate Facility, as this acreage has already been absorbed in the market. The Troutman forecast includes the large planned commercial development in block group 613.3 east of I-77. Clients: Mooresville, Troutman & Iredell Co. 11

Residential Land Buildout Schedule by Block Group.-, 40 (/ 64 (/ 70.-, 77 %g 801 %g 150 %g 115 %g 152 Lake Norman Buildout Year Before 2016 2016-2025 After 2025

South Iredell Demographic & Employment Forecast V. Appendix-Demographics Clients: Mooresville, Troutman & Iredell Co. 13

South Iredell Subdivision Inventory, 1st Quarter 2004 Block Finished Finished Under Remaining Subdivision Group Status Occupied Vacant Construction Lots Total Lake Norman/Harbor Watch 612.1 Active 34 0 4 141 179 Pineville Road Estates 612.1 Active 9 0 3 16 28 River Ridge 612.1 Active 5 0 1 13 19 Upper Lake Place 612.1 Future 0 0 0 10 10 Colony Place 612.2 Active 0 0 1 5 6 Ridgewood 612.2 Future 0 0 0 41 41 Jacob's Woods 612.3 Active 25 4 8 35 72 Alexis Landing (formerly Dogwood Estates) 612.4 Active 5 0 3 11 19 Murdock Farms 612.4 Future 0 0 0 438 438 Eastern Heights 612.4 Active 9 8 4 6 27 Pond Lane 612.4 B/O 2Q01 12 0 0 0 12 Perth and Clontz 612.5 Future 0 0 0 100 100 Crescent Resources 612.5 Future 0 0 0 521 521 Greycliff 612.5 Active 6 1 8 14 29 Spicewood 612.5 Active 19 0 3 10 32 Meadow Glen 612.6 Active 89 2 1 59 151 Pleasant Garden 612.6 Active 9 5 0 5 19 South Trace 612.6 Active 34 2 0 0 36 Hawkes Bay 612.7 Active 6 0 5 31 42 Lake Norman/Sunset Bay 612.7 Active 1 2 0 20 23 Lakeway Estates 612.7 Active 0 0 0 7 7 Sarah's Creek 612.7 Active 0 0 1 9 10 Stillwater Estates 612.7 Active 5 0 0 5 10 Wildlife Bay 612.7 Active 40 1 7 50 98 Windermere 612.7 Active 41 0 2 102 145 Windermere Island 612.7 Active 3 0 1 32 36 Bay Crossing 612.8 Future 0 0 0 100 100 Beacon Pointe 612.8 Active 17 1 2 46 66 Creekwood Village 612.8 Active 31 0 0 11 42 Grand Bay 612.8 Active 31 0 0 5 36 Honeysuckle Creek 612.8 Future 0 0 0 49 49 Morrison Plantation 612.8 Active 251 31 22 148 452 Morrison Plantation - Meeting Street TH 612.8 Active 37 23 18 85 163 Northington Woods 612.8 Future 0 0 0 78 78 Wildwood Cove 612.8 Active 17 0 5 25 47 Cedar Woods 612.9 Future 0 0 0 15 15 Dana's Estate 612.9 Future 0 0 0 5 5 Enclave, The 612.9 Active 10 0 2 3 15 Forest Glen 612.9 Active 24 0 0 5 29 Lake Norman/Harbor Landing 612.9 Active 66 0 2 19 87 Lake Norman/Harbor View 612.9 Active 103 0 0 20 123 Northwood 612.9 Active 6 0 1 5 12 Pine Meadow 612.9 Future 0 0 0 39 39 Sterling Green Village 612.9 Future 0 0 0 41 41 Tanglewood 612.9 Active 0 1 3 5 9 Thompson Hill 612.9 Future 0 0 0 33 33 Wiltshire Creek 612.9 Active 28 0 1 31 60 Winslow Bay 612.9 Active 178 0 1 68 247 Bertha Byers 613.1 Future 0 0 0 5 5 Brantley Place 613.1 B/O 2Q03 135 0 0 0 135 Sunshine Estates 613.1 Active 44 0 0 20 64 Winborne 613.1 Active 251 1 0 8 260 Barium Season Village 613.2 Future 0 0 0 91 91 Brawley Place 613.2 Future 0 0 0 7 7 Greene Croft 613.2 Active 25 6 6 71 108 Magic Forest 613.2 Future 0 0 0 19 19 Amity Hill Rd. 613.3 Future 0 0 0 3,000 3,000 Kelly Farmsteads 613.3 Active 4 0 3 15 22 Brook Glen 613.5 Active 84 5 5 51 145 Gabriel Estates 613.5 Active 103 1 4 8 116 Gabriel Estates TH 613.5 B/O 4Q03 25 0 0 0 25 Lake Norman, The Highlands at 613.5 Active 1 1 0 34 36 Sundown Cove 613.5 Active 24 2 8 62 96 Beech Tree Bay 614.1 Active 0 0 0 5 5 Blackberry Creek 614.1 Active 29 0 1 4 34 Ivy Ridge 614.1 Active 1 0 3 7 11 Lake Hills Estates 614.1 Active 4 0 2 8 14

South Iredell Subdivision Inventory, 1st Quarter 2004 (Cont'd) Block Finished Finished Under Remaining Subdivision Group Status Occupied Vacant Construction Lots Total Lake View Heights 614.1 Active 12 2 2 7 23 Pinetuck 614.1 Future 0 0 0 51 51 Pineview Estates 614.1 Active 6 0 2 3 11 Point on Norman, The 614.1 Active 322 15 105 415 857 Yacht Shores 614.1 Active 10 0 0 2 12 Edgewater Park 614.2 Active 5 1 4 57 67 Farms, The 614.2 Active 0 0 21 220 241 Harbor, The 614.2 Active 225 2 6 17 250 Water Tree 614.2 Future 0 0 0 14 14 Brookhaven TH 614.3 Active 16 11 6 33 66 Devonshire 614.3 Active 22 1 1 18 42 Fernbrook 614.3 B/O 1Q03 78 0 0 0 78 Greenbay Forest 614.3 Active 0 0 2 35 37 Lochmere 614.3 B/O 2Q03 60 0 0 0 60 McCrary Woods 614.3 Future 0 0 0 49 49 Morrison Cove 614.3 Active 106 0 1 2 109 Oak Tree Landing 614.3 Active 3 0 2 8 13 Oak Tree,Villages at 614.3 Active 128 8 17 22 175 Shavender's Bluff 614.3 Active 95 3 10 40 148 Vista Bluffs 614.3 Active 4 0 2 5 11 Whippoorwill Woods 614.3 Active 17 0 0 1 18 Wyndham Shores 614.3 B/O 2Q02 111 0 0 0 111 Donaldson Landing 614.4 Active 22 0 3 13 38 Regency Lake 614.4 Active 29 4 1 5 39 Stutts Cove 614.4 Active 18 0 6 28 52 Woodland Hills 614.4 Active 7 5 9 7 28 Bradford Glen 614.5 B/O 3Q00 60 0 0 0 60 Churchill Estates 614.5 Active 21 0 6 8 35 Gibbs Cove 614.5 Future 0 0 0 20 20 Harbor Cove 614.5 Active 199 2 1 1 203 Reed Creek 614.5 B/O 1Q00 111 0 0 0 111 Sunridge Place TH 614.5 Active 42 3 0 40 85 Talbert Townes 614.5 Active 30 4 0 65 99 Barrister Bay 614.6 Active 1 0 0 7 8 Kelly Cove 614.6 Active 6 0 1 0 7 Templeton Bay 614.6 Active 18 4 9 25 56 Winding Forest 614.6 Future 0 0 0 83 83 Davidson Pointe 614.7 Future 0 0 0 143 143 King's Landing 614.7 Active 57 0 2 5 64 Lake Front Estates 614.7 Future 0 0 0 24 24 Waterside Landing 614.7 B/O 2Q00 45 0 0 0 45 Country Estates 614.8 Active 0 1 1 4 6 Curtis Pond 614.8 Active 232 13 7 321 573 Davidson Ridge 614.8 Active 9 0 0 5 14 Home Place 614.8 Active 0 1 1 4 6 Tall Oaks 615.1 Active 264 8 7 25 304 Cedarcroft Village 615.2 B/O 3Q00 189 0 0 0 189 Cherry Grove 615.2 Active 82 11 20 237 350 Carrigan 615.4 Active 1 0 0 8 9 Harris Village 615.4 Active 103 5 5 72 185 Linwood Farms 615.4 Active 107 17 1 107 232 Magnolia Ridge 615.4 Active 3 0 3 27 33 Curtis Pond Estates (formerly Kistler Mill) 615.5 Active 32 1 3 74 110 Woodlands at the Park 615.5 Active 111 7 5 71 194 Eddy Place 615.6 Future 0 0 0 29 29 Glynwater 616.2 Active 150 1 2 1 154 English Hills - The Hampshires 616.5 Active 26 0 0 9 35 Foxfield 616.5 Active 14 6 6 75 101 Hampshires 616.5 Active 121 8 0 14 143 Station 115 TH 616.5 Active 42 22 0 36 100 Muirfield 616.6 B/O 4Q02 141 0 0 0 141 Muirfield-Monument Park 616.6 B/O 4Q02 37 0 0 0 37 Norman TH 616.6 Active 0 0 4 8 12 Sherwood Forest 616.6 Active 8 0 0 5 13 Total 5,439 263 425 8,537 14,664 Note: TH stands for townhomes, B/O stands for built-out Sources: American Metrostudy, Warren & Associates

Copyright Metrostudy Annual Starts 65 to 126 (6) 15 to 65 (18) 0 to 15 (104) &% 150 Subdivisions are sequentially numbered from left to right across the page. 1 2 3 Westport Municipal 4 5 6 7 8 10 13 12 15 19 21 24 Troutman 25 29 38 48 45 6467 55 60 66 51 46 47 50 58 69 Lake Norman 40 62 63 65 Airpark 52 75 72 &% 115 78 79 93 23 42 76 44 14 106 103 37 26 92 20 49 39 41 Mooresville 77 90 43 94 111 27 43 54 56 102 117 35 107 61 88 80 84 30 57 85 100104 28 53 17 22 33 59 74 81 911 97 96 31 34 36 16 32 70 73 105 99 101 113 18 68 77 82 83 86 87 91 89 71 95 98 108 110 109 112 114 115 116 &% 801 121 126 118 125 127 120 123 119 124 122 128 Charlotte South Iredell- 128 subdivisions 1 -Upper Lake Place 2 -Long Cove 3 -Lake Norman/Harbor Watch 4 -River Ridge (Iredell) 5 -Windermere (Iredell Co.) 6 -Windermere Island 7 -Pineville Road Estates 8 -Colony Place 9 -Water Tree Landing 10 -Ridgewood 11 -Harbor, The 12 -Hawkes Bay 13 -Lakeway Estates 14 -Greenbay Forest 15 -Lake Norman/Sunset Bay 16 -Point on Norman, The 17 -Farms, The 18 -Yacht Shores 19 -Wildlife Bay 20 -Vista Bluffs 21 -Stillwater Estates 22 -Blackberry Creek 23 -Brookhaven TH (Iredell) 24 -Meadow Glen (Iredell, Troutman) 25 -Sarah's Creek 26 -McCrary Woods 27 -Shavender's Bluff 28 -Pineview Estates 29 -Beacon Pointe 30 -Edgewater Park 31 -Beech Tree Bay 32 -Lake Hills Estates 33 -Pinetuck 34 -Ivy Ridge 35 -Oak Tree Landing 36 -Lake View Heights 37 -Whippoorwill Woods 38 -Pleasant Garden 39 -Morrison Cove 40 -Grand Bay 41 -Wyndham Shores 42 -Morrison Plantation - Meeting Street TH 43 -Lochmere 44 -Morrison Plantation 45 -Greycliff 46 -Creekwood Village 47 -Northington Woods 48 -Spicewood 49 -Devonshire 50 -Honeysuckle Creek 51 -Wildwood Cove (Iredell) 52 -Lake Norman/Harbor View 53 -Stutts Cove 54 -Fernbrook 55 -South Trace (Iredell, Troutman) 56 -Oak Tree,Villages at 57 -Woodland Hills 58 -Lake Norman/Harbor Landing 59 -Donaldson Landing 60 -Wiltshire Creek 61 -Regency Lake 76 -Winslow Bay 62 -Sterling Green Village 77 -Pond Lane 63 -Pine Meadow 78 -Cedar Woods 64 -Alexis Landing (formerly Dogwood Estates) 79 -Enclave, The 65 -Thompson Hill 66 -Northwood (Iredell) 67 -Eastern Heights 68 -Waterside Landing 69 -Jacob's Woods 70 -Kelly Cove 71 -King's Landing 72 -Tanglewood 73 -Templeton Bay 74 -Barrister Bay 75 -Dana's Estate 80 -Harbor Cove 81 -Winding Forest 82 -Forest Glen 83 -Barium Season Village 84 -Churchill Estates 85 -Gibbs Cove 86 -Magic Forest 87 -Bertha Byers 88 -Sunridge Place TH 89 -Davidson Pointe 90 -Reed Creek TMA

Mooresville Projection - Household Total Block Group 1Q 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 612.8 997 1,232 1,366 1,500 1,635 1,769 1,903 2,160 2,483 2,805 3,127 3,449 3,772 3,972 3,972 3,972 3,972 3,972 3,972 3,972 3,972 3,972 612.9 1,557 1,707 1,793 1,878 1,964 2,049 2,135 2,283 2,462 2,642 2,822 3,001 3,181 3,361 3,540 3,814 4,088 4,361 4,635 4,909 5,061 5,061 613.1 1,410 1,568 1,659 1,749 1,839 1,930 2,020 2,110 2,201 2,291 2,382 2,472 2,562 2,653 2,743 2,834 2,924 3,014 3,105 3,195 3,285 3,376 613.2 805 840 860 880 900 920 940 960 980 1,000 1,020 1,040 1,060 1,080 1,100 1,120 1,140 1,160 1,180 1,200 1,220 1,240 613.4 426 426 426 426 426 426 426 426 431 436 441 446 451 456 461 466 471 476 481 486 491 496 613.5 955 1,075 1,143 1,212 1,280 1,349 1,417 1,486 1,554 1,622 1,691 1,759 1,828 1,896 1,965 2,033 2,102 2,170 2,239 2,307 2,375 2,444 614.1 1,174 1,305 1,379 1,454 1,529 1,585 1,585 1,585 1,585 1,585 1,585 1,585 1,585 1,585 1,585 1,585 1,585 1,585 1,585 1,585 1,585 1,585 614.2 949 1,033 1,081 1,128 1,176 1,255 1,398 1,441 1,441 1,441 1,441 1,441 1,441 1,441 1,441 1,441 1,441 1,441 1,441 1,441 1,441 1,441 614.3 1,294 1,572 1,731 1,889 2,048 2,171 2,171 2,171 2,171 2,171 2,171 2,171 2,171 2,171 2,171 2,171 2,171 2,171 2,171 2,171 2,171 2,171 614.4 1,020 1,058 1,080 1,090 1,090 1,090 1,090 1,090 1,090 1,090 1,090 1,090 1,090 1,090 1,090 1,090 1,090 1,090 1,090 1,090 1,090 1,090 614.5 1,289 1,417 1,490 1,536 1,536 1,536 1,536 1,536 1,536 1,536 1,536 1,536 1,536 1,536 1,536 1,536 1,536 1,536 1,536 1,536 1,536 1,536 614.6 705 727 739 766 794 821 848 876 918 961 1,003 1,045 1,088 1,130 1,172 1,215 1,257 1,299 1,342 1,384 1,427 1,437 614.7 660 679 690 701 712 722 733 744 830 916 1,002 1,088 1,174 1,260 1,347 1,433 1,519 1,605 1,611 1,611 1,611 1,611 614.8 1,144 1,237 1,291 1,344 1,397 1,451 1,504 1,558 1,611 1,664 1,718 1,771 1,824 1,878 1,931 1,984 2,038 2,091 2,144 2,198 2,251 2,304 615.1 798 838 838 838 838 838 858 878 883 883 883 883 883 883 883 883 883 883 883 883 883 883 615.2 605 701 755 810 865 919 974 1,029 1,083 1,138 1,193 1,235 1,235 1,235 1,235 1,235 1,235 1,235 1,235 1,235 1,235 1,235 615.3 307 307 307 307 307 307 313 319 324 324 324 324 324 324 324 324 324 324 324 324 324 324 615.4 727 826 882 939 995 1,051 1,108 1,164 1,221 1,277 1,334 1,390 1,446 1,503 1,559 1,616 1,672 1,728 1,785 1,841 1,898 1,954 615.5 706 763 796 829 862 894 927 960 993 1,026 1,058 1,091 1,124 1,157 1,189 1,222 1,255 1,288 1,321 1,353 1,386 1,419 615.6 598 598 598 602 606 610 614 618 622 626 630 634 638 642 646 650 654 658 661 661 661 661 616.1 587 587 587 587 587 587 607 627 638 638 638 638 638 638 638 638 638 638 638 638 638 638 616.2 606 656 656 656 656 656 656 656 656 656 656 656 656 656 656 656 656 656 656 656 656 656 616.3 266 266 266 266 266 266 266 266 266 266 266 266 266 266 266 266 266 266 266 266 266 266 616.4 525 525 525 525 525 525 525 525 525 525 525 525 525 525 525 525 525 525 525 525 525 525 616.5 887 1,005 1,073 1,140 1,208 1,275 1,343 1,410 1,478 1,545 1,613 1,680 1,748 1,815 1,883 1,951 2,018 2,086 2,153 2,221 2,288 2,356 616.6 642 670 686 702 718 734 750 766 782 798 814 830 846 862 878 894 910 926 942 958 974 990 Total 21,639 23,617 24,696 25,755 26,758 27,738 28,648 29,644 30,764 31,863 32,962 34,048 35,092 36,015 36,737 37,553 38,369 39,185 39,920 40,646 41,250 41,671 Troutman Projection - Household Total Block Group 1Q 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 612.1 758 778 789 801 812 823 835 847 859 871 883 896 909 922 935 948 962 975 989 1,003 1,018 1,032 612.2 708 709 711 714 717 719 722 724 727 757 787 817 847 877 907 937 967 997 1,027 1,030 1,033 1,036 612.3 343 365 370 375 380 385 390 395 400 406 411 417 422 428 434 439 445 451 457 463 469 476 612.4 366 387 433 479 525 571 617 677 744 817 897 985 1,081 1,187 1,303 1,431 1,571 1,725 1,894 2,079 2,283 2,507 612.5 408 437 481 526 570 614 658 714 775 841 912 990 1,074 1,147 1,147 1,147 1,147 1,147 1,147 1,147 1,147 1,147 612.6 796 837 844 850 857 863 870 877 884 890 897 904 911 918 926 933 940 947 955 962 969 977 612.7 469 507 527 548 568 589 609 722 835 948 1,061 1,174 1,287 1,400 1,513 1,626 1,833 1,837 1,837 1,837 1,837 1,837 613.3 1,071 1,073 1,078 1,083 1,088 1,093 1,098 1,103 1,130 1,157 1,184 1,211 1,238 1,265 1,292 1,319 1,401 1,483 1,565 1,647 1,729 1,811 Total 4,919 5,093 5,234 5,375 5,516 5,657 5,799 6,060 6,353 6,687 7,033 7,394 7,770 8,144 8,456 8,780 9,266 9,563 9,871 10,169 10,486 10,823 Total 26,558 28,710 29,930 31,130 32,274 33,395 34,447 35,703 37,117 38,549 39,995 41,442 42,862 44,159 45,193 46,333 47,635 48,747 49,791 50,815 51,736 52,494

Mooresville Projected - Population Total Block Group 1Q 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 612.8 2,539 3,137 3,479 3,821 4,163 4,505 4,847 5,502 6,322 7,143 7,964 8,784 9,605 10,115 10,115 10,115 10,115 10,115 10,115 10,115 10,115 10,115 612.9 4,329 4,746 4,984 5,222 5,460 5,698 5,937 6,347 6,847 7,346 7,846 8,345 8,845 9,344 9,844 10,604 11,365 12,126 12,887 13,648 14,072 14,072 613.1 3,639 4,047 4,281 4,514 4,747 4,980 5,214 5,447 5,680 5,913 6,147 6,380 6,613 6,847 7,080 7,313 7,546 7,780 8,013 8,246 8,479 8,713 613.2 2,197 2,292 2,347 2,402 2,456 2,511 2,565 2,620 2,675 2,729 2,784 2,838 2,893 2,947 3,002 3,057 3,111 3,166 3,220 3,275 3,330 3,384 613.4 1,113 1,113 1,113 1,113 1,113 1,113 1,113 1,113 1,127 1,140 1,153 1,166 1,179 1,192 1,205 1,218 1,231 1,244 1,257 1,270 1,283 1,296 613.5 2,441 2,748 2,923 3,097 3,272 3,447 3,622 3,797 3,972 4,147 4,322 4,497 4,672 4,847 5,022 5,197 5,372 5,547 5,722 5,897 6,072 6,247 614.1 3,190 3,545 3,748 3,951 4,154 4,307 4,307 4,307 4,307 4,307 4,307 4,307 4,307 4,307 4,307 4,307 4,307 4,307 4,307 4,307 4,307 4,307 614.2 2,476 2,695 2,820 2,944 3,069 3,275 3,648 3,760 3,760 3,760 3,760 3,760 3,760 3,760 3,760 3,760 3,760 3,760 3,760 3,760 3,760 3,760 614.3 3,520 4,276 4,708 5,140 5,572 5,906 5,906 5,906 5,906 5,906 5,906 5,906 5,906 5,906 5,906 5,906 5,906 5,906 5,906 5,906 5,906 5,906 614.4 2,626 2,724 2,780 2,806 2,806 2,806 2,806 2,806 2,806 2,806 2,806 2,806 2,806 2,806 2,806 2,806 2,806 2,806 2,806 2,806 2,806 2,806 614.5 3,402 3,740 3,933 4,054 4,054 4,054 4,054 4,054 4,054 4,054 4,054 4,054 4,054 4,054 4,054 4,054 4,054 4,054 4,054 4,054 4,054 4,054 614.6 1,733 1,786 1,817 1,884 1,951 2,019 2,086 2,153 2,257 2,362 2,466 2,570 2,674 2,778 2,882 2,986 3,091 3,195 3,299 3,403 3,507 3,533 614.7 1,645 1,692 1,719 1,746 1,773 1,800 1,828 1,855 2,069 2,284 2,498 2,712 2,927 3,141 3,356 3,570 3,785 3,999 4,015 4,015 4,015 4,015 614.8 3,049 3,298 3,441 3,583 3,725 3,867 4,009 4,152 4,294 4,436 4,578 4,721 4,863 5,005 5,147 5,289 5,432 5,574 5,716 5,858 6,001 6,143 615.1 2,044 2,146 2,146 2,146 2,146 2,146 2,198 2,249 2,262 2,262 2,262 2,262 2,262 2,262 2,262 2,262 2,262 2,262 2,262 2,262 2,262 2,262 615.2 1,432 1,658 1,788 1,917 2,047 2,176 2,305 2,435 2,564 2,694 2,823 2,923 2,923 2,923 2,923 2,923 2,923 2,923 2,923 2,923 2,923 2,923 615.3 849 849 849 849 849 849 865 882 896 896 896 896 896 896 896 896 896 896 896 896 896 896 615.4 1,876 2,131 2,276 2,422 2,567 2,713 2,859 3,004 3,150 3,295 3,441 3,586 3,732 3,878 4,023 4,169 4,314 4,460 4,605 4,751 4,897 5,042 615.5 1,931 2,088 2,178 2,267 2,357 2,447 2,536 2,626 2,716 2,805 2,895 2,985 3,074 3,164 3,254 3,343 3,433 3,523 3,612 3,702 3,792 3,881 615.6 1,646 1,646 1,646 1,657 1,668 1,679 1,690 1,701 1,712 1,723 1,734 1,745 1,756 1,767 1,778 1,789 1,800 1,811 1,819 1,819 1,819 1,819 616.1 1,552 1,552 1,552 1,552 1,552 1,552 1,605 1,658 1,687 1,687 1,687 1,687 1,687 1,687 1,687 1,687 1,687 1,687 1,687 1,687 1,687 1,687 616.2 1,678 1,817 1,817 1,817 1,817 1,817 1,817 1,817 1,817 1,817 1,817 1,817 1,817 1,817 1,817 1,817 1,817 1,817 1,817 1,817 1,817 1,817 616.3 597 597 597 597 597 597 597 597 597 597 597 597 597 597 597 597 597 597 597 597 597 597 616.4 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 616.5 2,481 2,811 3,000 3,189 3,378 3,567 3,756 3,944 4,133 4,322 4,511 4,700 4,889 5,078 5,266 5,455 5,644 5,833 6,022 6,211 6,400 6,588 616.6 1,662 1,734 1,776 1,817 1,859 1,900 1,942 1,983 2,024 2,066 2,107 2,149 2,190 2,231 2,273 2,314 2,356 2,397 2,439 2,480 2,521 2,563 Total 56,824 62,046 64,892 67,684 70,329 72,908 75,286 77,890 80,809 83,672 86,534 89,368 92,101 94,525 96,437 98,611 100,786 102,960 104,932 106,881 108,492 109,602 Troutman Projected - Population Total Block Group 1Q 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 612.1 1,915 1,965 1,994 2,023 2,052 2,081 2,109 2,139 2,170 2,201 2,232 2,264 2,296 2,329 2,362 2,396 2,430 2,464 2,500 2,535 2,571 2,608 612.2 1,864 1,866 1,873 1,880 1,887 1,894 1,900 1,907 1,914 1,993 2,072 2,151 2,230 2,309 2,388 2,467 2,546 2,625 2,704 2,712 2,720 2,728 612.3 851 906 918 931 943 956 968 981 994 1,007 1,021 1,034 1,048 1,062 1,076 1,091 1,105 1,120 1,135 1,150 1,165 1,181 612.4 895 946 1,059 1,171 1,284 1,397 1,509 1,657 1,820 1,998 2,194 2,409 2,645 2,904 3,188 3,500 3,843 4,220 4,633 5,087 5,586 6,133 612.5 983 1,054 1,160 1,266 1,373 1,479 1,585 1,720 1,867 2,026 2,198 2,385 2,589 2,764 2,764 2,764 2,764 2,764 2,764 2,764 2,764 2,764 612.6 1,957 2,058 2,074 2,090 2,106 2,122 2,139 2,155 2,172 2,189 2,206 2,223 2,240 2,258 2,275 2,293 2,311 2,329 2,347 2,365 2,383 2,402 612.7 1,149 1,242 1,292 1,342 1,392 1,442 1,492 1,769 2,046 2,323 2,600 2,877 3,154 3,430 3,707 3,984 4,491 4,501 4,501 4,501 4,501 4,501 613.3 2,915 2,920 2,933 2,947 2,960 2,974 2,988 3,001 3,075 3,148 3,222 3,295 3,368 3,442 3,515 3,589 3,812 4,035 4,258 4,481 4,704 4,927 Total 12,529 12,956 13,303 13,650 13,997 14,344 14,691 15,331 16,057 16,885 17,744 18,638 19,570 20,497 21,276 22,083 23,302 24,058 24,841 25,595 26,395 27,243 Total 69,353 75,002 78,195 81,335 84,327 87,252 89,977 93,221 96,866 100,556 104,279 108,006 111,671 115,022 117,713 120,695 124,088 127,018 129,774 132,476 134,887 136,845

Population Growth by Block Group, 1Q 2004-2025.-, 40 (/ 64 (/ 70.-, 77 %g 801 %g 150 %g 115 %g 152 Lake Norman Population Growth 0-1306 1307-2611 2612-3917 > 3917

South Iredell Demographic & Employment Forecast VI. Appendix-Employment Clients: Mooresville, Troutman & Iredell Co. 20

South Iredell Demographic & Employment Forecast Mooresville Retail Employment Total Census Block Tract Group 2002 2005 2010 2015 2020 2025 612 8 64 125 226 328 483 717 612 9 420 1,160 1,487 1,708 1,966 2,265 613 1 585 744 1,008 1,115 1,180 1,243 613 2 23 91 204 277 362 475 613 4 7 13 22 23 26 29 613 5 237 292 385 435 485 540 614 1 82 108 151 161 172 184 614 2 121 167 243 262 276 292 614 3 570 826 1,251 1,418 1,615 1,824 614 4 292 345 435 491 537 589 614 5 1,686 1,878 2,198 2,254 2,311 2,370 614 6 112 293 595 868 1,046 1,248 614 7 46 80 137 160 181 201 614 8 43 126 264 291 309 328 615 1 50 63 83 104 131 165 615 2 292 341 424 459 497 539 615 3 62 78 88 124 177 253 615 4 42 75 130 201 313 488 615 5 266 320 409 433 459 487 615 6 66 76 93 97 101 105 616 1 509 564 656 708 765 825 616 2 66 86 119 129 140 153 616 3 177 197 232 265 302 346 616 4 93 132 196 224 258 297 616 5 150 198 276 302 331 363 616 6 67 107 173 229 305 408 Total 6,128 8,484 11,484 13,067 14,725 16,735 Mooresville Retail Employment Gain Census Block 2006-2011- 2016-2021- Tract Group 2010 2015 2020 2025 612 8 101 203 358 592 612 9 327 548 805 1,105 613 1 264 371 436 499 613 2 113 185 271 383 613 4 9 11 13 16 613 5 93 143 193 248 614 1 43 53 64 76 614 2 76 95 109 125 614 3 426 593 790 999 614 4 89 146 192 244 614 5 320 376 433 492 614 6 155 240 353 503 614 7 57 80 101 122 614 8 139 165 183 202 615 1 21 42 69 103 615 2 83 118 156 197 615 3 9 46 98 175 615 4 55 126 237 413 615 5 89 113 139 168 615 6 17 21 25 29 616 1 92 144 200 261 616 2 33 43 55 67 616 3 34 67 105 148 616 4 64 93 126 165 616 5 79 105 134 166 616 6 66 122 198 301 Total 2,852 4,248 5,841 7,799 Troutman Retail Employment Total Census Block Tract Group 2002 2005 2010 2015 2020 2025 612 1 38 48 65 67 69 71 612 2 102 159 254 280 309 342 612 3 97 159 262 302 350 406 612 4 167 214 293 379 462 564 612 5 160 184 225 238 261 259 612 6 84 114 166 180 190 205 612 7 25 28 31 33 35 36 613 3 21 66 142 369 919 2,356 Total 694 973 1,438 1,848 2,595 4,240 Troutman Retail Employment Gain Census Block 2006-2011- 2016-2021- Tract Group 2010 2015 2020 2025 612 1 17 19 21 23 612 2 95 121 150 183 612 3 103 143 190 247 612 4 79 165 247 350 612 5 41 54 77 75 612 6 52 66 76 91 612 7 4 5 7 9 613 3 76 302 853 2,289 Total 465 875 1,621 3,266 Study Area Total 6,822 9,457 12,922 14,915 17,320 20,975 Study Area Total 3,317 5,123 7,462 11,065 Clients: Mooresville, Troutman & Iredell Co. 21

Retail Employment Growth by Block Group, 2005-2025.-, 40 (/ 64 (/ 70.-, 77 %g 801 %g 150 %g 115 %g 152 Lake Norman Retail Employment Growth 1-400 401-800 801-1200 > 1200

South Iredell Demographic & Employment Forecast Mooresville Office Employment Total Census Block Tract Group 2002 2005 2010 2015 2020 2025 612 8 37 66 115 163 233 337 612 9 97 204 271 357 480 661 613 1 371 474 645 762 904 1,077 613 2 18 68 152 224 331 498 613 4 29 38 52 66 90 133 613 5 309 373 498 572 655 748 614 1 191 239 320 347 377 410 614 2 77 114 177 220 282 376 614 3 299 435 662 789 951 1,154 614 4 705 831 1,039 1,122 1,210 1,308 614 5 895 1,082 1,395 1,440 1,487 1,536 614 6 303 1,843 4,411 7,868 8,979 9,842 614 7 61 168 354 677 951 1,204 614 8 50 104 194 210 223 238 615 1 74 93 124 140 159 181 615 2 253 301 380 416 456 501 615 3 129 146 197 256 335 439 615 4 31 53 88 112 144 186 615 5 188 238 320 344 371 402 615 6 192 223 273 290 308 327 616 1 525 581 674 731 792 859 616 2 61 79 107 116 126 136 616 3 293 328 385 420 459 502 616 4 106 141 200 244 304 387 616 5 199 286 430 479 534 595 616 6 83 146 250 297 352 419 Total 5,577 8,652 13,714 18,658 21,490 24,456 Mooresville Office Employment Gain Census Block 2006-2011- 2016-2021- Tract Group 2010 2015 2020 2025 612 8 49 97 167 271 612 9 67 153 276 457 613 1 171 288 430 603 613 2 84 156 263 429 613 4 14 28 52 95 613 5 125 199 283 375 614 1 81 108 138 171 614 2 62 106 168 262 614 3 227 353 516 719 614 4 209 291 379 478 614 5 312 358 405 453 614 6 2,716 6,359 7,535 8,451 614 7 185 509 782 1,036 614 8 90 105 119 134 615 1 31 47 66 88 615 2 80 115 155 200 615 3 51 110 189 293 615 4 36 59 91 133 615 5 82 106 134 164 615 6 50 67 85 104 616 1 93 150 211 278 616 2 29 37 47 58 616 3 57 92 131 174 616 4 59 103 162 246 616 5 144 193 248 310 616 6 104 151 206 273 Total 5,209 10,341 13,237 16,256 Troutman Office Employment Total Census Block Tract Group 2002 2005 2010 2015 2020 2025 612 1 35 45 60 63 67 70 612 2 80 123 195 221 253 295 612 3 109 177 290 339 407 507 612 4 213 244 296 316 332 349 612 5 68 83 109 127 153 96 612 6 56 71 96 108 119 134 612 7 31 34 39 39 40 41 613 3 29 101 222 387 679 1,213 Total 621 879 1,307 1,600 2,050 2,705 Troutman Office Employment Gain Census Block 2006-2011- 2016-2021- Tract Group 2010 2015 2020 2025 612 1 16 19 22 25 612 2 72 98 130 172 612 3 113 162 230 330 612 4 52 72 88 105 612 5 25 44 69 13 612 6 25 36 48 63 612 7 5 5 6 7 613 3 121 285 578 1,112 Total 429 722 1,171 1,827 Study Area Total 6,199 9,531 15,021 20,258 23,540 27,161 Study Area Total 5,638 11,062 14,408 18,082 Clients: Mooresville, Troutman & Iredell Co. 23

Office Employment Growth by Block Group, 2005-2025.-, 40 (/ 64 (/ 70.-, 77 %g 801 %g 150 %g 115 %g 152 Lake Norman Office Employment Growth 1-400 401-800 801-1200 > 1200

South Iredell Demographic & Employment Forecast Mooresville Industrial Employment Total Census Block Tract Group 2002 2005 2010 2015 2020 2025 612 8 39 49 66 69 73 76 612 9 19 43 82 91 100 111 613 1 508 632 838 1,070 1,365 1,743 613 2 21 65 139 186 249 333 613 4 75 84 99 102 104 107 613 5 935 1,065 1,281 1,559 1,896 2,307 614 1 29 42 64 66 68 69 614 2 16 25 39 49 63 80 614 3 104 158 247 260 273 287 614 4 181 220 285 300 315 331 614 5 337 397 497 535 576 621 614 6 63 190 403 434 467 503 614 7 39 71 123 132 142 153 614 8 33 78 153 164 177 191 615 1 73 92 123 132 142 153 615 2 205 234 283 305 328 354 615 3 4 5 7 9 10 11 615 4 23 42 74 78 82 86 615 5 40 50 68 70 72 73 615 6 4 4 5 5 6 6 616 1 262 305 376 385 395 405 616 2 30 39 54 57 60 63 616 3 126 141 165 192 222 257 616 4 83 120 181 232 296 377 616 5 99 158 257 313 380 463 616 6 36 61 103 113 125 138 Total 3,384 4,369 6,011 6,905 7,986 9,298 Mooresville Industrial Employment Gain Census Block 2006-2011- 2016-2021- Tract Group 2010 2015 2020 2025 612 8 17 20 24 27 612 9 39 48 57 68 613 1 207 438 734 1,111 613 2 74 121 184 268 613 4 15 18 20 23 613 5 216 494 832 1,242 614 1 22 24 25 27 614 2 14 25 38 56 614 3 89 102 115 129 614 4 65 80 95 111 614 5 100 138 179 224 614 6 212 244 277 313 614 7 52 61 72 83 614 8 75 86 99 113 615 1 31 40 50 61 615 2 48 70 94 119 615 3 2 3 5 6 615 4 32 36 40 44 615 5 18 19 21 23 615 6 1 1 1 2 616 1 71 81 90 100 616 2 15 18 21 24 616 3 25 51 81 117 616 4 62 112 176 258 616 5 99 155 222 305 616 6 42 52 64 77 Total 1,642 2,536 3,617 4,930 Troutman Industrial Employment Total Census Block Tract Group 2002 2005 2010 2015 2020 2025 612 1 17 20 25 25 26 26 612 2 103 124 158 166 174 183 612 3 156 267 454 477 501 527 612 4 461 511 595 625 657 691 612 5 121 132 151 158 166 175 612 6 23 29 40 44 49 54 612 7 53 56 60 59 60 62 613 3 22 54 106 142 191 255 Total 955 1,193 1,588 1,697 1,824 1,973 Troutman Industrial Employment Gain Census Block 2006-2011- 2016-2021- Tract Group 2010 2015 2020 2025 612 1 5 5 6 7 612 2 34 42 50 59 612 3 186 210 234 259 612 4 84 114 146 180 612 5 19 26 34 43 612 6 11 15 20 25 612 7 4 3 4 6 613 3 53 89 137 201 Total 395 504 632 780 Study Area Total 4,339 5,562 7,599 8,602 9,810 11,271 Study Area Total 2,037 3,040 4,249 5,710 Clients: Mooresville, Troutman & Iredell Co. 25

Industrial Employment Growth by Block Group, 2005-2025.-, 40 (/ 64 (/ 70.-, 77 %g 801 %g 150 %g 115 %g 152 Lake Norman Industrial Employment Growth 1-400 401-800 801-1200 > 1200

South Iredell Demographic & Employment Forecast Mooresville Other Employment Total Census Block Tract Group 2002 2005 2010 2015 2020 2025 612 8 19 27 41 51 66 88 612 9 72 157 274 394 470 506 613 1 326 383 470 558 668 805 613 2 9 30 65 89 124 172 613 4 26 30 37 41 48 60 613 5 307 355 434 520 623 748 614 1 89 125 185 268 299 307 614 2 93 145 232 304 322 350 614 3 219 308 457 571 633 663 614 4 194 230 290 311 335 361 614 5 352 416 522 560 603 651 614 6 43 116 238 276 322 377 614 7 75 125 207 255 279 310 614 8 18 38 192 245 282 287 615 1 31 39 52 57 63 70 615 2 85 98 119 130 142 155 615 3 9 11 14 19 26 35 615 4 76 137 239 270 304 315 615 5 552 565 613 619 650 657 615 6 194 217 255 259 287 291 616 1 152 172 204 216 229 242 616 2 37 48 67 74 83 92 616 3 67 75 88 101 115 132 616 4 50 55 83 105 135 176 616 5 113 186 309 381 420 450 616 6 25 41 68 79 92 108 Total 3,232 4,129 5,757 6,755 7,618 8,408 Mooresville Other Employment Gain Census Block 2006-2011- 2016-2021- Tract Group 2010 2015 2020 2025 612 8 14 24 39 61 612 9 117 237 313 349 613 1 87 175 285 422 613 2 35 59 93 142 613 4 7 11 18 30 613 5 79 165 269 394 614 1 60 143 174 182 614 2 87 159 177 205 614 3 149 263 324 355 614 4 60 81 104 130 614 5 106 144 187 234 614 6 122 160 206 261 614 7 83 131 154 186 614 8 154 207 243 249 615 1 13 18 24 30 615 2 21 32 44 57 615 3 3 8 15 25 615 4 102 134 167 178 615 5 48 53 85 92 615 6 38 42 70 74 616 1 33 44 57 71 616 2 19 26 34 44 616 3 13 26 40 57 616 4 28 50 80 120 616 5 122 195 234 264 616 6 27 38 51 67 Total 1,627 2,626 3,489 4,277 Troutman Other Employment Total Census Block Tract Group 2002 2005 2010 2015 2020 2025 612 1 136 145 245 246 247 248 612 2 79 116 178 194 343 364 612 3 59 100 168 184 204 233 612 4 261 296 355 402 459 527 612 5 344 369 383 413 420 460 612 6 15 20 27 30 34 39 612 7 21 23 25 25 25 26 613 3 30 85 176 285 466 593 Total 945 1,154 1,557 1,779 2,198 2,490 Troutman Other Employment Gain Census Block 2006-2011- 2016-2021- Tract Group 2010 2015 2020 2025 612 1 100 101 101 102 612 2 62 78 227 249 612 3 68 84 104 133 612 4 59 106 162 230 612 5 14 44 51 90 612 6 8 11 15 19 612 7 2 2 3 3 613 3 92 200 381 508 Total 403 626 1,044 1,336 Study Area Total 4,177 5,283 7,314 8,534 9,816 10,898 Study Area Total 2,031 3,252 4,533 5,613 Clients: Mooresville, Troutman & Iredell Co. 27

South Iredell Demographic & Employment Forecast VII. Appendix-Land Demand Clients: Mooresville, Troutman & Iredell Co. 28

Mooresville Retail Sq. Ft. Gain Mooresville Office Sq. Ft. Gain Mooresville Industrial Sq. Ft. Gain Census Block 2006-2011- 2016-2021- Census Block 2006-2011- 2016-2021- Census Block 2006-2011- 2016-2021- Tract Group 2010 2015 2020 2025 Tract Group 2010 2015 2020 2025 Tract Group 2010 2015 2020 2025 612 8 40,316 81,380 143,154 236,919 612 8 9,756 19,351 33,438 54,230 612 8 13,474 16,161 18,984 21,952 612 9 130,706 219,271 322,125 442,031 612 9 13,491 30,580 55,194 91,393 612 9 31,437 38,293 45,863 54,221 613 1 105,623 148,548 174,351 199,506 613 1 34,182 57,586 86,003 120,619 613 1 165,370 350,644 587,107 888,899 613 2 45,252 74,198 108,322 153,373 613 2 16,804 31,144 52,544 85,867 613 2 59,180 96,777 147,090 214,421 613 4 3,604 4,231 5,145 6,587 613 4 2,849 5,592 10,391 19,045 613 4 12,250 14,256 16,312 18,420 613 5 37,286 57,237 77,055 99,176 613 5 25,061 39,823 56,561 75,036 613 5 173,083 395,129 665,281 993,962 614 1 17,044 21,173 25,671 30,577 614 1 16,220 21,569 27,515 34,141 614 1 17,650 18,948 20,278 21,642 614 2 30,352 37,992 43,449 49,928 614 2 12,493 21,144 33,520 52,381 614 2 11,152 19,701 30,610 44,534 614 3 170,234 237,001 315,943 399,485 614 3 45,373 70,679 103,139 143,846 614 3 71,291 81,367 91,958 103,088 614 4 35,738 58,238 76,803 97,515 614 4 41,763 58,219 75,795 95,533 614 4 52,240 63,874 76,100 88,951 614 5 127,884 150,219 173,125 196,616 614 5 62,446 71,501 80,907 90,680 614 5 79,636 110,340 143,417 179,051 614 6 61,810 96,166 141,285 201,029 614 6 543,127 1,271,782 1,506,973 1,690,239 614 6 169,926 194,812 221,620 250,501 614 7 22,725 31,882 40,272 48,624 614 7 37,072 101,843 156,480 207,251 614 7 41,575 49,148 57,308 66,097 614 8 55,431 66,002 73,203 80,909 614 8 18,027 21,072 23,829 26,795 614 8 59,607 69,042 79,206 90,156 615 1 8,349 16,752 27,444 41,075 615 1 6,183 9,409 13,178 17,615 615 1 24,535 32,109 40,268 49,058 615 2 33,172 47,126 62,346 78,972 615 2 15,920 23,032 31,008 39,996 615 2 38,666 56,151 74,987 95,278 615 3 3,743 18,285 39,294 69,861 615 3 10,120 22,041 37,764 58,603 615 3 1,695 2,632 3,719 4,979 615 4 21,962 50,385 94,992 165,217 615 4 7,124 11,883 18,178 26,568 615 4 25,455 28,484 31,668 35,014 615 5 35,672 45,164 55,566 67,094 615 5 16,446 21,297 26,709 32,779 615 5 14,102 15,477 16,887 18,332 615 6 6,869 8,374 9,950 11,601 615 6 10,081 13,419 16,981 20,782 615 6 744 950 1,166 1,393 616 1 36,646 57,533 80,097 104,476 616 1 18,677 29,968 42,266 55,664 616 1 56,975 64,566 72,348 80,327 616 2 13,205 17,293 21,809 26,803 616 2 5,708 7,463 9,398 11,538 616 2 11,892 14,100 16,421 18,860 616 3 13,767 26,872 41,933 59,249 616 3 11,428 18,439 26,229 34,898 616 3 19,623 40,673 65,075 93,364 616 4 25,640 37,079 50,453 66,193 616 4 11,709 20,502 32,480 49,145 616 4 49,422 89,525 140,707 206,030 616 5 31,467 41,924 53,472 66,234 616 5 28,875 38,651 49,624 61,957 616 5 79,135 123,662 177,835 243,745 616 6 26,389 48,823 79,186 120,467 616 6 20,885 30,153 41,239 54,520 616 6 33,408 41,959 51,399 61,822 Total 1,140,886 1,699,148 2,336,445 3,119,518 Total 1,041,819 2,068,141 2,647,345 3,251,119 Total 1,313,523 2,028,777 2,893,614 3,944,098 Troutman Retail Sq. Ft. Gain Troutman Office Sq. Ft. Gain Troutman Industrial Sq. Ft. Gain Census Block 2006-2011- 2016-2021- Census Block 2006-2011- 2016-2021- Census Block 2006-2011- 2016-2021- Tract Group 2010 2015 2020 2025 Tract Group 2010 2015 2020 2025 Tract Group 2010 2015 2020 2025 612 1 6,668 7,425 8,207 9,015 612 1 3,118 3,716 4,344 5,004 612 1 3,773 4,268 4,776 5,296 612 2 37,948 48,374 60,030 73,109 612 2 14,376 19,548 26,070 34,479 612 2 27,196 33,623 40,379 47,478 612 3 41,128 57,212 76,189 98,821 612 3 22,665 32,365 45,980 66,094 612 3 149,101 167,617 187,078 207,532 612 4 31,609 66,095 98,980 139,852 612 4 10,444 14,466 17,643 20,981 612 4 67,025 91,305 116,825 143,646 612 5 16,278 21,667 30,842 30,123 612 5 5,095 8,810 13,881 2,502 612 5 14,828 20,970 27,425 34,209 612 6 20,618 26,424 30,348 36,277 612 6 5,002 7,280 9,598 12,500 612 6 8,772 12,115 15,805 19,880 612 7 1,522 2,159 2,841 3,572 612 7 930 1,042 1,241 1,444 612 7 3,370 2,250 3,437 4,655 613 3 30,282 120,840 341,093 915,769 613 3 24,112 57,084 115,518 222,375 613 3 42,225 71,015 109,542 161,100 Total 186,053 350,196 648,530 1,306,537 Total 85,743 144,312 234,275 365,379 Total 316,290 403,163 505,267 623,796 Study Area Total 1,326,939 2,049,344 2,984,975 4,426,055 Study Area Total 1,127,562 2,212,453 2,881,620 3,616,498 Study Area Total 1,629,813 2,431,940 3,398,881 4,567,894