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$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 Office Carnegie Library 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 Inn Renaissance Washington Hotel Harrington Courtyard Marriott Willard Inter-Continental Hotel Washington Marriott at Metro Center Hyatt Regency Hotel George Twelve & K Hotel Marriott Marquis E Street Cinema Washington Welcome Center Regal Cinemas 14 CityCenterDC Macy's Shops at National Place The National Mall The Ellipse DC Streetcar Stop - H/Benning Line (2015) POPULATION Population 47,876 772,634 3,861,903 Male 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% INCOME Average 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 AGE Age < 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
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$150K-1.1M $2M-5 - DowntownDC

May 13, 2022

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Page 1: $150K-1.1M $2M-5 - DowntownDC

$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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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