table of contents - douglas development€¦ · acadiana 901 new york ave fedex office 800 k street...
TRANSCRIPT
TABLE OF CONTENTSDC Market OverviewMarket Profile: Mount Vernon TriangleThe MVT CorridorDemographic + Psychodemographic ProfileRenderingsSite PlansAccess + Visibility
LOGAN CIRCLE
MIDCITY
FOGGYBOTTOM
14TH & U STREET CORRIDOR
EASTERN MARKET / BARRACKS ROW
CAPITOL HILLNATIONAL MALL
GEORGETOWN
UNION STATION
VERIZON CENTER
WOODLEY PARK
ADAMS MORGAN
CO
NN
ECTIC
UT AV
E NW
MASSACHUSETTS AVE NW
16T
H S
TR
EE
T
13T
H S
T N
W
GE
OR
GIA
AV
E N
W
SHAW / HOWARD U
BLOOMINGDALE
BROOKLAND
RHODE ISLAND AVE NE
NEW YORK AVE NW
UNION MARKET
FLORIDA AVE NE
NO
RT
H C
AP
ITO
L ST
NW
H STREET CORRIDOR
MOUNT VERNON TRIANGLE
9T
H S
T N
W
WHITEHOUSE
K ST NW K ST NE
INDEPENDENCE AVE SW
CONSTITUTION AVE NW
DUPONT CIRCLE
CONVENTION CENTER NORTH
CONVENTION CENTER
DC MARKET OVERVIEWWashington DC is a city of unique, vibrant neighborhoods connected by a comprehensive and multi-modal mass transit system. Thanks to strong infrastructure and major employment generators, Mount Vernon Triangle, along with the District as a whole, is experiencing extensive growth in the residential, commercial, and entertainment sectors. The nation’s capital – with Mount Vernon Triangle as one of its most vibrant neighborhoods – is widely recognized as one of the most progressive cultural and economic powerhouses in the nation.
EASTEND
GET AROUNDMEET GET PUMPED
GO OUT
WINE + DINE
WORK
LIVE
220 events a year at the 20,000-seat Verizon
Center – from Lady Gaga concerts to Caps games.
42,728 employees work within a ½ mile radius.
Over a dozen Zagat-rated restaurants within
a ¼ mile radius.
More than 4,200 residential units recently
developed or being developed in a ½ mile.
More than one million people attended DC
conventions, meetings, and tradeshows in 2011.
Access to six Capital Bikeshare stations and
three Metro lines within a ½ mile.
Multiple VIDA Fitness locations and high
intensity gym District CrossFit just blocks away.
MOUNT VERNON TRIANGLEA 24/7 neighborhood with abundant restaurants, entertainment destinations, office space, and residential living, Mount Vernon
Triangle is fast becoming DC’s new downtown. Easily accessible from the Red, Yellow, and Green Metro lines, the Triangle’s entertainment and cultural destinations draw visitors from across the DC metro area and from around the globe. With thousands of
employees and residents that call Mount Vernon Triangle home, the neighborhood has become the new place to be in the District.
KEY TENANTS WITHIN ¼ MILE
KEY RECENT & FUTURE DEVELOPMENTS WITHIN ½ MILE
3
12
789
10
1213
11
14 15 1617
1819
21
22
20 23
24
25
2627
28
293031
3233343536 3837
A
Baby Wale 1124 9th Street
Corduroy 1122 9th Street
Subway1127 7th Street
Passenger1021 7th Street
Hogo 1017 7th Street
NY Avenue Beach Bar 645 New York Ave
Capital Fringe Festival 607 New York Ave
Safeway / Starbucks 490 L Street
Capital One 1075 5th Street
Sweetgreen1065 5th Street
Ace Hardware 1055 5th Street
Chipotle 1045 5th Street
Busboys & Poets 1025 5th Street
1
2
3
4
5
6
7
8
9
10
11
12
13
Taylor Gourmet485 K Street
Kushi 465 K Street
Mandu 453 K Street
VIDA Fitness 445 K Street
Arnold & Porter635 Massachusetts Ave
Acadiana 901 New York Ave
FedEx Office800 K Street
Ping Pong Dim Sum 900 7th Street
VIDA Fitness/Starbucks999 9th Street
Blackboard 650 Massachusetts Ave
Cafe Phillips 650 Massachusetts Ave
TD Bank 901 7th Street
Goethe-Institut 812 7th Street
14
15
16
17
18
19
20
21
22
23
24
25
26
RFD Washington 810 7th Street
Fado Irish Pub 808 7th Street
Starbucks 800 7th Street
Matchbox 713 H Street
Asian Spice 717 H Street
Cuba Libre 801 9th Street
PNC Bank 833 7th Street
Hooters 825 7th Street
Nando’s Peri-Peri 819 7th Street
Walgreen’s801 7th Street
Panera673 H Street
Vapiano 623 H Street
27
28
29
30
31
32
33
34
35
36
37
38
BC
E
D
F
G
H
I
J
KL
M
N
O P Q
R S T
U
VW
X
Y
Z
CityCenterDC295,000 SF Retail515,000 SF Office458 Apartments216 Condominiums
Marriott Marquis1,175 Hotel Rooms
Square 4508,000 SF Retail300,000 SF Office
Square 45113,750 SF Retail
635 Mass Ave18,000 SF Retail450,000 SF Office
600 Mass AveRetail Space380,000 SF Office
Square 48330,000 SF Retail575,000 SF Office
550 K StreetRetail Space
465 New York Ave181 Hotel Rooms
A
B
C
D
E
F
G
H
I
Yale Lofts224 Apartments
425 L Street340 Apartments
400 New York Ave340 Apartments
460 New York Ave70 Condominiums
CityVista115,000 SF Retail244 Apartments441 Condominiums
M Flats7,000 SF Retail233 Apartments
Lyric7,725 SF Retail234 Apartments
400 K Street12,500 SF Retail250,000 SF Office
Arts at 5th & Eye10,000 SF Retail350 Hotel Rooms
J
K
L
M
N
O
P
Q
R
¼ MILE
½ MILE
CORRIDOR MAPJust north of retail and entertainment destinations F Street and
Chinatown via 7th Street, the Mount Vernon Triangle neighborhood is coming into its own. Anchored by City Vista and its brand new Safeway
grocery store, Mount Vernon Triangle is experiencing a wave of residential and mixed-use development, with K Street as its main street.
CORRIDOR MAP KEY
Future & Recent Developments
Entertainment Destinations
Key Retail
Capital Bikeshare Station
Mount Vernon Triangle Boundary
CONVENTION CENTER
VERIZON CENTERAMER. ART MUSEUM
+ NAT’L PORTRAIT GALLERY
NAT’L BUILDING MUSEUM
AA
AA
AA
459 Eye Street170 Apartments
Dept. of Veterans Affairs26,353 SF Retail361,647 SF Office285,434 SF V.A. Office
300 K Street25,000 SF Retail500,000 SF Office
455 MassRetail Space250,000 SF Office
401 & 425 Mass559 Apartments
Madrigal Lofts259 Condominiums
The Sonata75 Condominiums
255 H Street325 Apartments
Capitol Crossing2,200,000 SF
S
T
U
V
W
X
Y
Z
AA
6
45
SOCIAL SECURITY SET
2,518 HOUSEHOLDS*These diverse, well-educated neighborhoods include residents with a median age of 46.4 years, and who live on fixed incomes. They have some wealth accumulated, and enjoy their retirement by watching sports and entertainment on TV. The residents rely heavily on public transportation, and enjoy when grocery stores and other errands are close to home.
TRENDSETTERS
856 HOUSEHOLDS*On the cutting edge of urban style, Trendsetters residents are young, diverse, and mobile. These fashion-conscious residents are never far from technology, and tend to own the latest and greatest gadgets. They love natural/organic foods, exercise, and travel.
METRO RENTERS
6,496 HOUSEHOLDS*Metro Renters are young, educated singles, and are found in the largest metropolitan centers across the US. They are just beginning their professional careers, and furnish their typically shared apartments with goods from Pier One and Crate & Barrel. They work out regularly and enrich their lives culturally by frequenting museums & concerts.
DEMOGRAPHICS + PSYCHODEMOGRAPHICSThe demographic profile in the area is extremely strong, as is the growth rate, both past and projected. With continued development
in DC expected to remain strong – especially in Mount Vernon Triangle – these numbers will continue to move in a positive direction. Additionally, as more development moves into the area, the profile of the “typical” resident is changing. With a solid core of mature
professionals, young urbanites with more expendable income to shop and dine out are giving the area a more youthful, hip vibe.
WHILE DEMOGRAPHICS ARE FACTS AND FIGURES ABOUT INCOME, EDUCATION, POPULATION AND
THE LIKE, PSYCHODEMOGRAPHICS INDICATE THE TRUE NATURE OF HOW A POPULATION LIVES.
6,935
42,728
DAYTIME POPULATION
$ $ $$$ $
Popula�on (2008)
Average HH Income (2008)
Households (2008)
%Projected Popula�on Growth (2008-2013)
$Per Capita Income (2008)
Median Housing Value (2008)
2013
QUARTER MILE
HALF MILE
$ $ $$$ $
Popula�on (2008)
Average HH Income (2008)
Households (2008)
%Projected Popula�on Growth (2008-2013)
$Per Capita Income (2008)
Median Housing Value (2008)
POPULATION 2013
4,491
19,519
%GROWTH
2000 - 2010
47.94%
34.12%
%GROWTH
2010 - 2013
2.93%
7.19%
%PROJECTED GROWTH
2013 - 2018
1.81%
2.23%
$ $ $$$ $
Popula�on (2008)
Average HH Income (2008)
Households (2008)
%Projected Popula�on Growth (2008-2013)
$Per Capita Income (2008)
Median Housing Value (2008)
AVG HH INCOME 2013
$100,847
$99,416 $ $ $$$ $
Popula�on (2008)
Average HH Income (2008)
Households (2008)
%Projected Popula�on Growth (2008-2013)
$Per Capita Income (2008)
Median Housing Value (2008)
MEDIAN HOME VALUE 2013
$427,225
$439,637
*IN A HALF MILE
THE VISION
SITE PLANS
LOWER LEVEL - 5,124 SF
THIRD FLOOR - 5,050 SF
GROUND FLOOR - 4,400 SF
ROOF
SECOND FLOOR - 5,650 SF
4 - 1005 7th ST NW
1005 7th st, NW 2nd floor plan
5,650 SF
4 - 1005 7th ST NW
1005 7th st, NW 2nd floor plan
5,650 SF
5 - 1005 7th ST NW
1005 7th st, NW 3rd floor plan
5,050 SF
LOWER ROOF TERRACE
5 - 1005 7th ST NW
1005 7th st, NW 3rd floor plan
5,050 SF
LOWER ROOF TERRACE
2 - 1005 7th ST NW
1005 7th st, NW Basement Plan
5,124 SF
2 - 1005 7th ST NW
1005 7th st, NW Basement Plan
5,124 SF
3 - 1005 7th ST NW
1005 7th st, NW Ground floor plan
OFFICE LOBBY
4,400 SF
3 - 1005 7th ST NW
1005 7th st, NW Ground floor plan
OFFICE LOBBY
4,400 SF
6 - 1005 7th ST NW
1005 7th st, NW Roof plan
UPPER ROOF TERRACE
*SPACE CAN BE SUBDIVIDED
7TH
ST
RE
ET
NEW YORK AVE
NEW YORK AVE NW
MASSACHUSETTS AVE NW
M STREET NWM STREET NW
9T
H S
TR
EE
T N
W
10T
H S
TR
EE
T N
W
7TH
ST
RE
ET
NW
L STREET NW7,300 VPD
K STREET NW
5T
H S
TR
EE
T N
W
2 WAY TRAFFIC
SPECIAL VIEWS
CAPITAL BIKESHARE
4,293AVG WEEKDAY
RIDERS
MT VERNON SQUARE
25,2
00
VP
D
9,700 VPD
31,100 VPD
18,300 VPD
CONVENTION CENTER
ACCESS + VISIBILITY1005 7th Street is easily accessed by several of the most important
transportation corridors in the city—7th Street (known as Georgia Avenue to the north, and a direct connection to the East End
entertainment core), New York Avenue / Route 50, Massachusetts Avenue, L Street, and K Street—Mount Vernon Triangle’s main street.
Visibility is unobstructed from both the Convention Center and Mount Vernon Square. Access is also available via the Mt. Vernon Square / 7th
Street-Convention Center Metro station and several Capital Bikeshare stations.
THE OPPORTUNITY1005 7th Street is a premier new property in Mount Vernon
Triangle. Four stories and built in demand from the nearby Walter E. Washington Convention Center provide retailers and
restaurateurs a one-of-a-kind opportunity – be a part of it.