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Population & Housing

The building of CityCenterDC’s apartments and condominiums was the 2013 highlight for Downtown housing. The development’s 458 apartments and 216 condominiums were almost complete in the fourth quarter of 2013, […]

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Office Market

The DowntownDC BID area and D.C. are historically very strong office markets on a regional, national and international basis. However, Downtown and D.C. occupancy and rent growth performance declined significantly […]

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Infrastructure & Sustainability

Downtown D.C.’s built environment and infrastructure are the backbone of its competitiveness as a sustainable place to invest, work, live and visit. Its transportation infrastructure provides unparalleled access from all […]

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Employment

The District’s employment grew by 10,400 jobs in 2013, or 1.4 percent, however, DowntownDC BID area employment is estimated to not have changed in 2013 from its 2012 level of […]

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Financial Overview of DC

The District’s current financial condition is excellent.  The financial highlights of 2013 include: A $321 million budgetary surplus for fiscal year 2013. An upgraded District general obligation bond rating by […]

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Current Development

Seven development projects totaling $693 million were completed in Downtown in 2013. The development highlight was the completion of the office, retail and parking portions of CityCenterDC, the site of […]

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Culture & Entertainment

Attendance to cultural and entertainment venues and events in Downtown set a new record in 2013 at almost 9.6 million visitors, up 2.5 percent from 2012. The increase was due […]

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Hotel, Tourism & Conventions

Downtown and D.C. hotels set records for average daily room rates, occupancy rates, revenue per available room and total room revenues in 2013. This occurred despite domestic and international tourism […]

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Envision Presentation

This presentation is designed to help readers understand the need for infrastructure rating, the background on the Institute for Sustainable Infrastructure, features and benefits of EnvisionTM, project examples and communities […]

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Summer 2014 Retail Update

August 27, 2014

Background After six weeks of walking the streets of DowntownDC with bottles of water and clipboards in tow, the DowntownDC BID Economic Development team has completed the summer 2014 annual […]

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