1015 7th street - douglas development | find office, retail … circle midcity foggy bottom 14th...

1015 7th street

Table of contentsDC Market OverviewMarket Profile: Mount Vernon TriangleThe MVT CorridorDemographic + Psychodemographic ProfileStorefrontSite 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 AROUND

MEETGET

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.

49,312 employees work within a ½ mile radius.

Over a dozen Zagat-rated restaurants within

a¼ 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

1

2

34

5 67891011 12 13 14

15

1617

18

19

20

21

22

23

2425

26

272829

3031323334 35

A

Subway1127 7th Street

Passenger1021 7th Street

Living Social 1005 7th Street

N.Y. Avenue Beach Bar 645 New York Ave

District CrossFit 635 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

Taylor Gourmet485 K Street

Kushi 465 K Street

1

2

3

4

5

6

7

8

9

10

11

12

13

Mandu 453 K Street

VIDA Fitness 445 K Street

Arnold & Porter635 Massachusetts Ave

Acadiana 901 New York Ave

FedEx800 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

RFD Washington 810 7th Street

Fado Irish Pub 808 7th Street

14

15

16

17

18

19

20

21

22

23

24

25

26

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’s / YO! Sushi / Panera Bread801 7th Street

Vapiano 623 H Street

27

28

29

30

31

32

33

34

35

BC

D

E

F

G

H

I

JK

L

M

N O P

Q R S

T

UV

W

X

Y

CityCenterDC295,000 SF Retail515,000 SF Office458 Apartments216 Condominiums

Marriott Marquis1,175 Hotel Rooms

Square 4508,000 SF Retail300,000 SF Office

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

Yale Lofts224 Apartments

460 New York Ave63 Condominiums

Meridian at MVT390 Apartments

400 New York Ave340 Apartments

CityVista115,000 SF Retail244 Apartments441 Condominiums

450 K Street7,000 SF Retail233 Apartments

440 K Street9,500 SF Retail234 Apartments

400 K Street12,500 SF Retail250,000 SF Office

Arts at 5th & Eye10,000 SF Retail350 Hotel Rooms

I

J

K

L

M

N

O

P

Q

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

Z

Z

Z

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

255 H Street325 Apartments

The Sonata75 Condominiums

Air Rights Tunnel Project2,300,000 SF

R

S

T

U

V

W

X

Y

Z

YOUNG DIGERATI

1,886 HOUSEHOLDS*

Young Digerati are tech-savvy and live in fashionable neighborhoods on the urban fringe. Affluent, highly educated, and ethnically mixed, Young Digerati communities are typically filled with trendy apartments and condos, fitness clubs and clothing boutiques, casual restaurants and all types of bars – from juice to coffee to microbrew.

AMERICAN DREAMS

1,486 HOUSEHOLDS*

American Dreams is a living example of how ethnically diverse the nation has become: just under half the residents are Hispanic, Asian, or African-American. In these multilingual neighborhoods – one in three speaks a language other than English – middle-aged immigrants and their children live in upper-middle-class comfort.

BOHEMIAN MIX

2,501 HOUSEHOLDS*

A collection of mobile urbanites, Bohemian Mix represents the nation’s most liberal lifestyle. Its residents are an ethnically diverse, progressive mix of young singles, couples, and families ranging from students to professionals. In their funky row houses and apartments, Bohemian Mixers are the early adopters who are quick to check out the latest movie, nightclub, laptop, and microbrew.

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.

10,406

49,312

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)

2012

QUARTER MILE

HALF MILE

$ $ $$$ $

Popula�on (2008)


Households (2008)




POPULATION 2013

6,426

19,044

%GROWTH

2000 - 2010

45.96%

40.64%

%GROWTH

2010 - 2013

11.54%

10.70%

%PROJECTED GROWTH

2013 - 2018

15.89%

15.18%

$ $ $$$ $

Popula�on (2008)


Households (2008)




AVG HH INCOME 2013

$95,517

$103,367 $ $ $$$ $

Popula�on (2008)


Households (2008)




MEDIAN HOUSING VALUE 2013

$426,488

$422,676

*IN A HALF MILE

the storefront

site plans

lower level second floor

ground floor third floor

7TH

ST

RE

ET

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

3,813AVG WEEKDAY

RIDERS

MT VERNON SQUARE

25,2

00

VP

D

9,700 VPD

31,100 VPD

18,300 VPD

CONVENTION CENTER

ACCESS + VISIBILITY1015 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 OPPORTUNITY1015 7th Street is a premier new property in Mount Vernon Triangle. Three 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.

MICHAEL JOHNS | [email protected]

JARED MEIER | [email protected]

ANDREW PONCHER | [email protected]

1015 7th street - douglas development | find office, retail … circle midcity foggy bottom 14th...

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