Wake County Hazard Mitigation Plan - January 2020

SECTION 4: RISK ASSESSMENT

Table 4.39 – Critical Infrastructure and Key Resources Buildings at Risk to Flood Events by Sector

Sector

Event

Number of Buildings at Risk

Estimated Damages

100 Year

4 1

$1,433,067

Banking and Finance

Floodway

$48,447

100 Year

184

$157,262,261

Commercial Facilities

Floodway

46 10

$7,942,338 $1,514,411 $255,532 $345,852

100 Year

Critical Manufacturing

Floodway

4 7 1 1 6 1

100 Year

Government Facilities

Floodway 100 Year 100 Year Floodway

$64,062 $74,308

Healthcare and Public Health

$2,245,553

Transportation Systems

$60,845

100 Year

212

$162,875,452

All Categories

Floodway

53

$8,371,224

Source: NCEM Risk Management Tool

To supplement the IRISK assessment of property at risk from the 1% annual chance flood event and provide a clearer picture of the current property at risk in Wake County, current parcel data was evaluated to identify parcels developed since 2010. Using GIS analysis, parcels developed after 2010 were compared to the boundaries of the 1% annual chance floodplain to identify the exposure of newly developed property to the base flood. In most cases, a parcel was considered exposed to the floodplain if any portion of the parcel was located in the floodplain. However, for parcels where updated building footprints were available, the parcel was considered exposed only if the building intersected the floodplain boundary. This assessment does not evaluate flood impacts or provide damage estimates. However, this summary of development in or near the floodplain since 2010 provides some context to understand the degree to which the IRISK exposure and vulnerability numbers differ from current conditions. This information is presented by individu al jurisdiction in each jurisdiction’s respective annex of this plan. Table 4.40 provides a summary by land class of parcel development located in the 1% annual chance floodplain from January 2011 to April 2019. Table 4.40 – Parcels Developed 2011 or Later and Located in 100-Year Floodplain

Land Class

Number of Parcels

Sum of Building Value

Acres Greater Than 10 With House

21 14 30 20

$9,443,180

Apartment Commercial

$309,325,723 $437,590,714 $192,726,683

EXEMPT Forestry

1 1

$777,207 $76,222

Golf Course

Industrial

13

$63,502,639

Part Exempt

1

$541,282

Residential Less Than 10 Acres

434

$145,027,953 $16,116,150 $1,175,128,053

Retirement Home

2

Grand Total

537

Source: Wake County Open Data; retrieved April 8, 2019; FEMA Effective DFIRM

Wake County Multi-Jurisdictional Hazard Mitigation Plan 2019

112

Made with FlippingBook - professional solution for displaying marketing and sales documents online