BID Boundaries - Capitol Riverfrontbe out FRONT Sources: ESRI 2011 estimates, Capitol Riverfront BID...

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2013

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BID Boundaries

• I-395

• Anacostia River

• 15th St, SE

• S. Capitol St.

• Section of Buzzards

Point

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• 20 mile riverwalk trail

• Nearly 500 acres

• 36+ million total SF

• 2 miles of riverfront

• 3 new parks (12.5 acres)

Photo by DCairphotos.com– September 2010

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Sources: ESRI 2011 estimates, Capitol Riverfront BID 4Q 2012

3,874

35,000

31,906

69%

$93,115

2.25 million

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Estimated

Delivery Office Sq. Ft. Retail Sq. Ft. Res. Units

Hotel

Rooms Total Sq. Ft. Est. Total Cost

Completed 7,250,040 223,629 2,760 204 11,776,993 $2.8 billion

Under

Construction 17,350 109,850 924 0 1,247,721 $646 million

Planned 8,004,780 564,637 6,176 1,051 23,880,851* $6.1 billion

Totals 15,272,170 898,116 9,860 1,255 36,905,565* $9.5 billion

Source: Capitol Riverfront BID 4Q 2012

•Total sq. ft. numbers include the allowed zoning by right on lots where a

building program has not yet been determined

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Navy Yard 16,000 Employees

Capitol Hill Residential

US DOT HQ

2.25 million average annual visitors

Forest City’s The Yards and city owned Yards Park

2,760 Existing residential units, 94% occupied (3,874 residents, 31,906+ in mile radius)

7.2 million total SF existing & under construction office (35,000 daytime population)

924 residential units under construction

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• 1,000 new residential units will deliver and 800 – 2,000 more units are targeting

to begin construction in the next 12 – 24 months (red = under construction)

Camden South Capitol, 276 units

1212 4th Street, 218 units

Park Chelsea, 430 units

Akridge at Half Street, 280 units

Toll Brothers on First Street, 250 units

Grosvenor Square 701, 285 units

MRP’s Riverfront on the Anacostia, 200 units

Urban Atlantic Square 882, 189 units

Monument’s Half Street, 320 units

Ruben Companies’ 909 Half Street, 400 units

The Yards, Parcel N, 325 units

Camden South Capitol 1212 4th Street Park Chelsea

Sources: Capitol Riverfront BID 4Q 2012

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Forecasting to

surpass 4,000

residents in 2013

Forecasting to

surpass 5,000

residents in 2015

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• 3,874 = total estimated Capitol Riverfront population

• 94% of existing 2,760 TOTAL units are occupied

• 31,906+ live within 1 mile of 3rd and M Street

• Forest City Foundry Lofts, 170 units 100% leased

• Capitol Quarter Townhomes Phase II – completed in 3Q 2012

• Camden South Capitol (276 units), Park Chelsea (430 units), 1212 4th Street

w/Harris Teeter and VIDA Fitness (218 units) all under construction

*Capitol Riverfront BID 4Q 2012

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• 35,000 = daytime population

• 7.2 million total SF (Private & Government owned)

• 17,350 SF under construction

• 16.5% = 4Q 12 private market vacancy rate*

• $46.48 = 4Q 12 avg. Class A full service asking rental rate*

• Since 2001, the CR BID has averaged 200,000 SF of office absorption per year (this does NOT include the USDOT HQ)

*CoStar, CB Richard Ellis

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Existing Office Tenants Include

Other Updates

• 1015 Half Street, tenant tour frequency increasing

• U.S. Naval NAVSEA Command

• U.S. Dept. of Transportation HQ

• Booz Allen Hamilton

• Alion Science & Technology

• Lockheed Martin

• CSC

• BAE Systems

• Northrop Grumman

• 200 I Street housing 3 DC agencies – completed on September 7, 2012 – 1,200 new employees

• General Dynamics

• Dutko Grayling

• DC Department of Transportation

• Federal Aviation Administration

• Sayres & Associates

• Parsons Engineering

• Gryphon Technologies

• U.S. Bureau of Land Management

• DC Water

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Existing tenants include:

Starbucks

CVS Pharmacy

Five Guys

Subway

Justin’s Café

Cornercopia Deli & Market

Congressional Cleaners

Harry’s Reserve

Kruba Thai & Sushi

Potbelly Sandwich Shop

Lot 38 Espresso Bar

Port Café

Chicken Tortilla

Quiznos

Dogma Dog Daycare

Sizzling Express

Wagtime Too

Dominos Pizza

Capital One Bank

SunTrust Bank

Wells Fargo Bank

Bank of America

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Opening in 1Q-2Q 2013

• Gordon Biersch Brewery Restaurant

• Park Tavern at Canal Park

• Bluejacket Brewery/restaurant by Neighborhood Restaurant Group

• Buzz Bakery & Lounge

• Willie’s Brew & Que

• Wells Cleaners

Opening in 3Q – 4Q 2013

• Osteria Morini

• Agua 301

Opening in mid 2014

• Harris Teeter grocery store

• VIDA Fitness

• Bang Salon

• Aura Spa

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Canal Park Now Open

The Yards Riverfront Park

OPEN

The Riverwalk Trail

OPEN

Diamond Teague Park & Piers

OPEN

VA Ave. Park

OPEN

Riverwalk Connection

OPEN

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P90X workout with Tony Horton in the Yards Park

Weekday Evening, no Nationals Game, September 2012

Snallygaster Microbrewery festival in Yards Park, October 2012

Image courtesy of Neighborhood Restaurant Group

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Co

urt

ya

rd

Ma

rrio

tt

M S

treet

DOT HQ

(6,750 Employees) Capitol Hill

Tower

Future

Residential

Future

Residential

Future

Residential

Future

Residential

and office

1100 NJ

Avenue

2nd Place

3rd Street

I S

tree

t

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• New era of access to the river in DC

• 2 miles of riverfront frontage with docks and marinas

• “Green” neighborhood with 4 parks and part of 20 mile riverwalk trail

• One of six high density places to live, work, play on the water in the DC region

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• Riverfront destination

• Business center

• Urban neighborhood

• Neighborhood support retail

• High quality public realm

• Parks & gathering spaces

• Entertainment district

• Identity, place & historic fabric

• Urban walkability – 5 minute neighborhood,

existing walk score of ~80 – very walkable

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• Clean Teams

• Hospitality/Safety Teams

• Public Realm & Infrastructure Management

• Marketing, Branding & PR

• Economic Development and Business Attraction (Office, Retail & Residential Attraction)

• Coordination with Decision Makers & Advocacy

• Community Building & Special Events

(DOT Farmers Market, Lunchtime Concerts, Outdoor Movies, Yards Park events)

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• Monument Realty

• Akridge

• JBG

• William C. Smith + Co.

• Lerner Enterprises

• Cohen Companies

• MRP Realty

• Donohoe Real Estate

• Steuart Investments

• Madison Marquette

• Ruben Companies

• Monday Properties

• Jamestown

• DRI Development

• Camden

• Vornado

• Forest City Washington

• Prudential

• Toll Brothers

• Grosvenor Americas

• Skanska

• Study examining growth along

DC’s Green Line

• Released in January 2012

• Key Findings

Green Line corridor studied

captured more young

professionals in 2000s than

any other line

Jobs located along Green

Line driven by private sector

Capitol Riverfront

development will generate

$2.28 billion in new tax

revenue over next 20 years

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Interactive and downloadable maps and resources available at

www.capitolriverfront.org

www.capitolriverfront.org

Ted Skirbunt

Michael Stevens Executive Director (202) 465-7079 michael@capitolriverfront.org

Claire Schaefer Oleksiak Deputy Executive Director (202) 465-7087 claire@capitolriverfront.org

Director of Real Estate Research (202) 465-7091 ted@capitolriverfront.org

Lacy Wilhoit Stubbs Manager of Park Programming/Marketing (202) 465-7093 lacy@capitolriverfront.org

Bonnie Wright Office and Project Manager (202) 465-7093 bonnie@capitolriverfront.org

Leon Johnson Director of Parks & Public Realm (202) 465-7093 leon@capitolriverfront.org