$150k-1.1m $2m-5 - downtowndc
TRANSCRIPT
$150K-1.1M$150,000 to $1,050,000 per year, assuming 50,000 to 75,000 SF lease and a $3/SF to $14/SF rent differential
$2M-5.6M$2 million to $5.6 million per year, assuming 50,000 to 75,000 SF lease, 200 to 250 SF per employee, and $10,000 to $15,000 in lower salary
/YR RENT SAVINGS
/YR PAYROLL SAVINGS
Lansburgh Theatre
Harman Center for the Arts
Newseum
Navy Memorial
(Amtrak, VRE, MARC, DC Streetcar, intercity buses & commuter trains)
Embassy of Canada
National Museum of African American
History and Culture
Nat’l Guard Memorial Museum
Union Station Parking Garage
Walker-Jones Education Campus
Terrell Library & Rec. Center
Government Accountability O�ce
Carnegie Library
To Virginia
DowntownDC Business Improvement District
Metrorail elevator exit, showing your direction as you emerge
Metrorail station mezzanines and tunnels
Public restrooms
Places of Interest
Map provided courtesy of the District Department of Transportation; Produced 2011 by goDCgo & Larry Bowring Cartography; Updated 2016 by the DowntownDC Business Improvement District. All rights reserved.
Metrorail station exit, showing your direction as you get off the escalator
Thursday Farmers Market
Tuesday Farmers Market
Friday Farmers Market
Thursday Farmers Market
Sixth & I Historic Synagogue
Hilton Garden Inn
Residence Inn
The Westin
Sofitel
Hostelling Int’l
Washington Plaza Hotel
Donovan House
Fairfield Inn & Suites
JW Marriott Hotel
Washington Court Hotel
Capital Hilton
St. Regis Hotel
Phoenix Park Hotel
The Liaison Capitol Hill
Embassy Suites
W Hotel
Grand Hyatt Washington
Hamilton Crowne Plaza Hotel
Trump International Hotel
Loews Madison Hotel
Hampton InnRenaissance
Washington
Hotel Harrington
CourtyardMarriott
Willard Inter-Continental
Hotel
Washington Marriott at Metro Center
Hyatt Regency
Hotel George
Twelve & K Hotel
Marriott Marquis
Kennedy Center
E Street Cinema
Washington Welcome Center
Regal Cinemas 14
CityCenterDC
Macy's
Shops at National Place
West Potomac Park
The National Mall
The Ellipse
Washington Circle
DC Streetcar Stop -H/Benning Line (2015)
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DC
POPULATIONPopulation 47,876 772,634 3,861,903Male 51% 48% 48%Female 49% 52% 52%High School Graduate + 90% 91% 91%Bachelor’s Degree +6 6% 58% 54%Graduate/Professional Degree
37% 32% 28%
INCOMEAverage HH $111,599 $108,555 $123,711 Median HH $82,459 $82,459 $91,141 HH Income <$50k 35% 35% 26%HH Income $50–$75k 11% 14% 15%HH Income $75k+ 54% 51% 59%Average HH Disposable $76,213 $74,841 $87,040
AGEAge < 20 12% 18% 24%Age 20–34 42% 33% 23%Age 35–643 6%3 6% 40%Age 65+ 10% 12% 13%Median Age (years) 33.7 34.3 37.3
TRANSPORTATION ACCESSIBILITY
• DowntownDC has seven Metro stations, on all six lines
• Average Weekday Metro Exits: 94,524
• 28 Capital Bikeshare stations
• Located between the White House and U.S. Capitol
• DC Circulator and Metrobus
LOWER COSTS
• Office Rent: $3-14/SF lower
• Corporate Income Taxes: Up to 16% lower
• Apartment Rent: $8-12k/yr lower
• Home Ownership: $12-24k/yr lower
• Individual Income Taxes: 1.5-3.7% lower
EMPLOYMENT
• 189,000 employees
INNOVATION
• Yelp (announced), Microsoft, 1776, Apple Flagship Store (announced), Carr Workplaces,Cove, WeWork
POPULATION GROWTH 2010-2016
24% Within one-mile of DowntownDC
13% All of DC
DOWNTOWN HIGHLIGHTS
• World-class restaurants
• High-end shopping
• Cultural & entertainment epicenter
• Walkscore of 97 (Walker’s Paradise)
DOWNTOWNDC DISTRICT IMPACT
24% OF JOBS
9% OF RETAIL SPACE
26% OF METRORAIL
EXITS
25% OF PERFORMING
ARTS SEATS
35% OF HOTEL ROOMS
1.4% OF POPULATION
40% OF PRIVATE/GOVT
OFFICE SPACE
10% OF GROSS TAX & OTHER REVENUE
14% OF MUSEUM
VISITORS