Washington DC Emerging Corridors + Opportunity Zones

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EMERGING CORRIDORS + OPPORTUNITY ZONES 2020 EDITION

In Public-Private Partnership with IMAGE COURTESY OF REDBRICK COURTESY IMAGE The Washington DC Economic Partnership would like to acknowledge our public and private sector board members whose continued financial support and guidance has made the 2020 Emerging Corridors + Opportunity Zones publication possible.

PUBLIC SECTOR PARTNERS

OFFICE OF THE CHIEF TECHNOLOGY OFFICER

PRIVATE SECTOR PARTNERS

BOARD MEMBERS

EXECUTIVE COMMITTEE Raj Aggarwal Jennifer Eugene Chase W. Rynd Board Chairman, Think Local First Manager, Engineered Sales, Executive Director, John Falcicchio / Co-Chair Anitra Androh Washington Gas National Building Museum Interim Deputy Mayor, Partner, Nelson Mullins Riley & Scarborough Angie Gates Tara Scanlon Office of the Deputy Mayor for Director, OCTFME Partner, Holland & Knight Planning and Economic Development Joseph Askew Vice President, Government Relations, Emmauel Irono Shawn Seaman Richard Lake / Co-Chair Verizon Founder & CEO, Motir Services President, Hoffman & Associates Managing Principal, Steven Boyle Stan Jackson Annie Senatore Roadside Development Managing Director, President & CEO, AEDC CEO and Lead Event Designer, Donna Cooper / Co-Chair Elect EDENS Caroline Kenney Design Foundry Region President, Pepco Jean-Luc Brami Managing Director of Joseph Torraca Vice President, Gelberg Signs Public/Private Development, Vice President of Business Development, Omar McIntosh / Vice Chair Urban Atlantic RCN Senior Vice President, Ernest Chrappah Smoot Construction Director, DCRA Susan Lacz Andrew Trueblood Brunson Cooper Principal & CEO, Director, DC Office of Planning Kenneth Brewer / Secretary Corenic Construction Group, Ridgewells Catering Executive Director, H Street CDC Donna Rattley Washington Corenic Construction Lisa Mallory Regional Vice President of Timothy F. Veith / Treasurer Anita Butani D’Souza CEO, DCBIA Government Affairs, Comcast President, United Bank Division Head, HGRM Corporation Thomas A. Nida Mitch Weintraub Olivia Byrne / General Counsel Colette Dafoe Executive Vice President/Market Executive, Partner, Cordia Partners Partner, K&L Gates Office Managing Partner, City First Bank Kristi Whitfield Nixon Peabody Kristina Noell Director, DSLBD Keith J. Sellars / President Executive Director, President & CEO, Timothy Duggan Hope Wilson Anacostia Business Improvement District Washington DC Economic Partnership Senior Vice President and Commercial Director of Pre-development Services, Regional Group Manager, TD Bank Gregory O'Dell BKV Group Sybongile Cook / President & CEO, Events DC DMPED Representative Daniel Duke Donna Woodall Prinicipal Mid-Atlantic Region, Director of Citizenship & Public Affairs, Director of Business Lindsey Parker Bohler Chief Technology Officer, Microsoft Development & Strategy, OCTO Office of the Deputy Mayor for Josh Etter Karima Woods Planning and Economic Development Director, Development, William Rich Acting Commissioner, DISB Foulger Pratt President, Delta Associates WASHINGTON, DC EMERGING CORRIDORS + OPPORTUNITY ZONES

The District of Columbia’s residential population was 798,300, a 0.7% increase from 2018 as the is now more than 705,0001, a 17% increase since private sector added approximately 5,800 jobs and 2010, and projected to reach approximately the public sector added approximately 100 jobs. 990,000 by 2045.2 While population growth has slowed over the past few years, DC is still growing at a faster rate than the metro area EMPLOYMENT GROWTH and U.S. Contributing to this growth has been 3.0% the construction of more than 44,000 new 2.0% residential units (88% rental) from 2010–2019.3 Furthermore, overall development during 1.0% this time period has resulted in more than 99 0.0% 4 million square feet of new development . -1.0%

-2.0% POPULATION GROWTH 2013 2014 2015 2016 2017 2018 2019 DC TOTAL PRIVATE DC TOTAL GOVERNMENT 2.5% DC TOTAL DC METRO TOTAL U.S. TOTAL

2.0% Additionally, growing demand for housing and

1.5% employment has caused new development and business growth to expand further into DC’s 1.0% northeast and southeast neighborhoods. With

0.5% many of these emerging areas and commercial corridors now designated as Opportunity 0.0% Zones, there will be additional investment 2013 2014 2015 2016 2017 2018 2019 and capital available to local businesses and DC DC METRO U.S. new opportunities for investment in DC. Source: U.S. Census Bureau, Population Division Job growth is needed to meet the demand of a OPPORTUNITY ZONES growing population in DC. The private sector is driving much of DC’s job growth with a 20.4% Opportunity Zones (OZ) are a new federal increase in employment in the private sector from program that was added to the Tax Cuts 2010 to 2019 compared to 17.3% for the metro and Jobs Act in December 2017 to spur area.5 In 2019, DC’s annual average employment long term private sector investments in low

1. U.S. Census (population as of July 1, 2019); 2. Council of Governments, Summary of Intermediate Population Forecasts (October 10, 2018); 3. Washington DC Economic Partnership (projects with 10+ units and includes major renovations); 4. Washington DC Economic Partnership (includes major renovations); 5. Bureau of Labor Statistics, not seasonally adjusted (accessed on 3/16/20)

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 1 OPPORTUNITY ZONES

income communities throughout the U.S. The program hopes to bring neighborhood-serving ABOUT EMERGING CORRIDORS + retail, jobs, and affordable and workforce OPPORTUNITY ZONES housing to underserved communities. The Washington DC Economic Partnership The program provides tax incentives for (WDCEP) first published the Emerging investments in new businesses and commercial Corridors publication in 2016 as part of its projects in designated Census Tracts. Investors efforts to highlight potential investment can defer tax on capital gains invested in a & new business opportunities along DC’s Qualified Opportunity Fund (QOF), which must commercial corridors in underserved markets. invest in real estate or a business entity in an This year’s publication includes updates to Opportunity Zone. Other benefits include 10% the opportunities in DC’s Opportunity Zones. and 15% increases in basis at the five- and seven- year marks, respectively, and no taxes on the QOF This publication provides an overview of each gains if investments are held at least 10 years. corridor, a detailed assessment of potential sites for developers and business owners, The 25 Opportunity Zones located in DC occupy and current investment in the area. The list approximately 18.4% of DC’s 68.3 square miles and of sites is not meant to be comprehensive contain approximately 13% of the total population.6 but rather a reference for key opportunities. Additionally, as illustrated by the below graph, Please note that these potential sites were the development currently planned within DC’s identified by WDCEP using public data Opportunity Zones includes a variety of uses. sources and may not be available for lease or purchase (land owners were not contacted). DC’S DEVELOPMENT PIPELINE Although every attempt was made to ensure IN OPPORTUNITY ZONES (MILLIONS OF SF) the quality of the information contained in 20 18.5 this document, WDCEP makes no warranty or guarantee as to its accuracy, completeness, or usefulness for any given purpose. All 15 highlighted sites are estimates and may 10.9 not reflect the actual property boundaries. 10 Ownership & land info was extracted from opendata.dc.gov and development

project status is as of December 2019. 5

1.8 To search for available space in DC or 1.2 0.8 potential investment projects in Opportunity 0 Residential O ce Retail Education Hotel Zones please visit search.wdcep.com. & Medical Source: Washington DC Economic Partnership (12/2019) For more information please contact Derek Ford, SVP of Emerging Neighborhoods For detailed information on select major ([email protected]), Chad Shuskey, SVP development projects in Opportunity Zones, please ([email protected]), or Mitchell go to page 6. More information on DC’s Opportunity Batchelder, Research Analyst Zones can be found by visiting oppzones.dc.gov. ([email protected]).

6. Esri, 2019

DISTRICT OF COLUMBIA NEW MARKET TAX CREDITS REAL ESTATE + BUSINESS RESOURCES The New Markets Tax Credit Program (NMTC) By pairing the Opportunity Zone incentive with is a federal tax credit that incentivizes investment the following complementary DC real estate and in economically distressed communities. NMTC business resources, the District hopes to assist investors provide capital to community development investment that supports the following priorities: entities (CDEs), a local financial organization accredited by the Community Development Financial • Produce new amenities and community Institution (CDFI Fund), and in exchange are awarded serving retail such as fresh food grocery credits against their federal tax obligations. A CDE applies for tax credits through the CDFI Fund and • Produce more affordable housing then distributes funds to qualifying projects. • Improve access to capital and growth opportunities for local DC businesses CONTACT (202) 653-0421 • cdfifund.gov • Provide jobs and training opportunities to DC residents HOUSING PRODUCTION TRUST FUND DC BUSINESS INCENTIVE NAVIGATOR The Housing Production Trust Fund (HPTF) is a special revenue fund that provides gap financing for Incentives.dc.gov is a comprehensive, projects that are affordable to low- and moderate- searchable database of incentives income households. At least 50% of the funds disbursed and other funding-related programs are dedicated toward providing rental housing. provided by DC government agencies and partnering organizations. This CONTACT publication contains select examples (202) 442-7200 • dhcd.dc.gov that are also provided in this database. GREAT STREETS INITIATIVE Great Streets is the District’s commercial revitalization NEIGHBORHOOD initiative, led by the Office of the Deputy Mayor for PROSPERITY FUND Planning and Economic Development (DMPED), is designed to support existing small businesses, attract The Neighborhood Prosperity Fund provides gap new businesses, increase the District’s tax base, funding (minimum of $250,000) for the commercial create new job opportunities for District residents, components of mixed use, office space, or retail and transform emerging corridors into thriving and development projects in targeted areas with more inviting neighborhood centers. These competitive than 10% unemployment. The fund aims to bring grants offer up to $50,000 for qualified small business economic activity to underserved neighborhoods owners who wish to improve their place of business. by supporting projects that will provide jobs and neighborhood serving retail such as grocery stores. CONTACT: CONTACT (202) 727-6365 • greatstreets.dc.gov (202) 727-6365 • dmped.dc.gov

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 3 SELECT RESOURCES + INCENTIVES

DISTRICT CAPITALIZED HUBZONES District Capitalized provides financing, training, and The Historically Under-Utilized Business Zones coaching to help DC businesses and entrepreneurs, (HUBZones) Program is a federal program regardless of their business size, industry or risk level, administered by the U.S. Small Business Administration access capital and grow their business. Select financing (SBA). Qualified small businesses located in designated benefits include DSLBD Microloans up to $50,000 HUBZones are eligible to compete for the program’s and DSLBD-support loans via a Loan Loss Reserve. set-aside contracts and get 10% price evaluation preference in full and open contract competitions. CONTACT (202) 727-3900 • dslbd.dc.gov CONTACT (800) 827-5722 • sba.gov SMALL RETAILER PROPERTY TAX RELIEF CREDIT SUPERMARKET TAX CREDITS The Small Retailer Property Tax Relief Credit Through the Supermarket Tax Exemption Act of provides qualifying DC small businesses up to 2000, the District waives certain taxes and fees to $5,000 in tax relief. To qualify for relief businesses supermarkets that locate in specific neighborhoods must be registered as a retail business, rent or to encourage investment in areas lacking access to own a commercial zoned property used for groceries and fresh food. Qualifying supermarkets retail, gross less than $2.5 million per year, and may receive the following benefits for 10 years: be current on District taxes and other filings. • Real property tax exemption CONTACT • Business license fee exemption (202) 727-4829 • otr.cfo.dc.gov • Personal property tax exemption • Sales and use tax exemption on building DC PACE materials necessary for construction Implemented by the Department of Energy and Environment (DOEE), DC PACE provides CONTACT long-term funding for building upgrades that (202)-727-6365 • dmped.dc.gov reduce utility bills and operating expenses. More than $41 million across 29 projects have been financed with the DC PACE program. ON-THE-JOB TRAINING The Department of Employment Services (DOES) CONTACT matches job-ready candidates to employers (202) 535-2327 • dcpace.com willing to provide skills-based, on-the-job training. DOES provides wage reimbursement from 50% to 75% of the candidate’s salary from one to six GREEN & SUSTAINABLE ENERGY months, and in some cases up to one year. DC Sustainable Energy Utility (DCSEU) provides rebates to homes and businesses for CONTACT expenses used in retrofits or for energy-efficient (202) 724-7000 • does.dc.gov appliances. For example, RiverSmart Rewards provides property owners up to 55% off the DOEE Stormwater Fee through the installation of green infrastructure to reduce stormwater runoff.

CONTACT (202) 535-2600 • doee.dc.gov/riversmart

DC TECH INCENTIVES • Personal Property Tax Exemption The District offers an attractive incentive packages • Capital Gains Tax Reduction for high-tech businesses looking to expand & grow • Employee Relocation Tax Credit in DC. DC Tech Incentives provides certain credits, exemptions, and other benefits for a Qualified High • Training & Wage Credits Technology Company (QHTC). A QHTC can leverage Additionally, QHTCs in the District can qualify the program to develop their workforce, secure for Creative and Open Space Modernization affordable facilities for their business and benefit Tax Rebates. The rebate is available up to from reduced real estate, personal property, sales and $1,000,000 per qualified business per year and income taxes. A QHTC can expect a significant tax can be used towards tenant improvements. break with the following abatements from DC taxes: • Reduced Corporate Franchise Tax CONTACT (202) 727-6365 • dmped.dc.gov

WASHINGTON DC OFFICE OF THE DEPUTY MAYOR FOR ECONOMIC PARTNERSHIP PLANNING & ECONOMIC DEVELOPMENT WDCEP is a non-profit, public-private DMPED assists the Mayor in the coordination, organization whose core purpose is to actively planning, supervision, and execution of position, promote, and support economic economic development efforts in the District development and business opportunities in of Columbia with the goal of creating and Washington, DC. Our mission is to promote preserving affordable housing, creating DC’s economic and business opportunities jobs, and increasing tax revenue. DMPED and support business retention and pursues policies and programs that create attraction activities. Visit wdcep.com. strong neighborhoods, expand and diversify the local economy, and provide residents WDCEP Real Estate Services with pathways to the middle class. • DC Real Estate Search tool: search.wdcep.com DMPED’s priorities are derived from our • Development Data: wdcep.co/dcdr broad goals of increasing affordable housing, increasing jobs and increasing District • Local Market Intelligence: wdcep.co/neighborhoods revenues. Together, they support the Mayor’s vision of Inclusive Prosperity. Underlying all • Maps: wdcep.co/maps of our work is a commitment, driven by the • Site Location Assistance Mayor, to good government and transparency. • Tech-Sector Liaison Learn more at dmped.dc.gov or obviouslydc.com. Learn more at wdcep.com or engage with us @WDCEP.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 5 OPPORTUNITY ZONES Conceptual rendering courtesy of Cedar Realty Trust Image courtesy of MRP Realty

RHODE ISLAND AVENUE, NE MINNESOTA + BENNING

BRYANT STREET NORTHEAST HEIGHTS

LOCATION: 680 Rhode Island Avenue, NE LOCATION: Minnesota Avenue & Benning Road, NE WARD: 5 WARD: 7 CENSUS TRACT: 9204 CENSUS TRACT: 9603 DEVELOPER(S): MRP Realty / B&R Associates / FRP Development Corp. DEVELOPER(S): Cedar Realty Trust STATUS: Under Construction STATUS: Pipeline LEED: Gold TARGETED DELIVERY: 2021–2031 SPECS: Potential redevelopment plans for the East River Park Shopping Center call for about 280 residential units, 120,000 SF of retail space (including a 50,000 SF grocery store), 33,000 SF of office space, and 622 SPECS: The 13-acre Rhode Island Avenue Shopping Center will be redeveloped into a 1.75 million SF mixed-use project with up to 1,600 parking spaces. residential units and 250,000 SF of retail/entertainment space. Phase I will consist of three buildings (closest to the Metrorail tracks) totaling 490 residential, 40,000 SF of retail space, and an Alamo Draft House cinema. Image courtesy of The Menkiti Group Image courtesy of Urban Atlantic

ANACOSTIA GEORGIA AVENUE + WALTER REED

MLK GATEWAY I PARKS AT WALTER REED

LOCATION: Martin Luther King Jr. Avenue & Good Hope Road, SE LOCATION: 6800 Georgia Avenue, NW WARD: 8 WARD: 4 CENSUS TRACT: 7503 CENSUS TRACT: 10300 DEVELOPER(S): The Menkiti Group DEVELOPER(S): Urban Atlantic / Hines / Triden Development Group STATUS: Under Construction EST. VALUE: $23 million STATUS: various EST. VALUE: $1 billion LEED: Silver TARGETED DELIVERY: 2017–2032 TARGETED DELIVERY: 2021 SPECS: The Parks at Walter Reed redevelopment plan calls for 3.1 million SF SPECS: Plans for MLK Gateway I call for 20,000 SF of office space, anchored mixed-use development, 20 acres of open space, and over 2,200 residential by Enlightened Inc.’s new office headquarters and a tech incubator, and units, including affordable housing on the former Walter Reed medical 14,000 SF of retail space. Expected retail tenants include a fresh food market, campus. The Brooks and The Vale (Parcel V/U), located at the corner of a coffee concept, a full-service restaurant, and a local bank. Georgia Avenue and Aspen Street, will be the first market-rate mixed-use building to deliver on the site in late 2020 and will consist of 390 residential units (rental & condo) and 18,000 SF of retail. Adjacent to the private-sector development is Children’s new National Research & Innovation Campus that is expected to open in late 2020.

RHODE ISLAND AVENUE, NE ANACOSTIA

RIA REUNION SQUARE

LOCATION: Rhode Island Avenue, NE & 14th Street & LOCATION: Shannon Place & W Street, SE Montana Avenue, NE WARD: 8 WARD: 5 CENSUS TRACT: 7401 CENSUS TRACT: 9102 DEVELOPER(S): Four Points / Curtis Development DEVELOPER(S): MidCity STATUS: various STATUS: Pipline EST. VALUE: $540 million LEED: Gold TARGETED DELIVERY: 2022+ SPECS: Plans call for a 1.6 million SF mixed-use project on the 9.5-acre site SPECS: The 20-acre site will be redeveloped into a mixed-use neighborhood, adjacent to Martin L. King Jr. Avenue, SE. Phase I (2235 Shannon Place) was creating eight new city blocks that will contain 182,000 SF of retail space completed in 2014 and is comprised of a new 82,000 SF office building that is and 1,760 residential units (20% affordable). Planned community amenities home to the DC Taxicab Commission, DC Lottery, and other DC government include a one-acre park and grocery store. The project is supported by a $47 agencies. The next phase calls for a 281,000 SF office building (supported by a million TIF. $25 million TIF), hotel, and a residential building. Conceptual rendering of Parcel 15 Image courtesy of WC Smith

SAINT ELIZABETHS ALABAMA AVENUE + GOOD HOPE ROAD, SE

SAINT ELIZABETHS EAST SKYLAND TOWN CENTER

LOCATION: Saint Elizabeths East Campus LOCATION: Alabama Avenue & Naylor Road, SE WARD: 8 WARD: 7 CENSUS TRACT: 10400 CENSUS TRACT: 7604 DEVELOPER(S): DC Government / Redbrick LMD / DEVELOPER(S): Rappaport / WC Smith / Washington East Foundation Gragg Cardona Partners / AEDC STATUS: various STATUS: various EST. VALUE: $2 billion TARGETED DELIVERY: 2020–2022+ TARGETED DELIVERY: 2018–2030 SPECS: The redevelopment of the 18.5-acre Skyland Shopping Center will SPECS: The redevelopment vision for the 183-acre site calls for one million result in approximately 132,000 SF of retail space, medical/office uses, and SF of office space, 1,300 residential units, 236,000 SF of retail space, 500 500+ residential units. Phase A, supported by a $19 million TIF, will deliver hotel rooms, a new hospital (100 - 125 beds), and 250,000 SF of civic and 263 apartments over 84,000 SF of retail in Q3 2020. Future phases include educational uses. The DC government is also investing $100 million in additional retail, anchored by DC’s first Lidl grocery store, and a 130,000 SF infrastructure work (roads, utilities, sewers) through 2021. The 4,200-seat medical/office building. Entertainment & Sports Arena opened in 2018 and is the new home arena for the Washington Mystics and Capital City Go-Go, and the Washington Wizards’ training complex. The 4.2-acre Parcel 15 (pictured above) will be redeveloped into a town square with 288 residential units, a hotel, a 200,000 SF office building and up to 20,000 SF of retail space. EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 7 NW 7 NE

Rock

CONNECTICUT AVE NW Creek

Park 8 GEORGIA AVE GEORGIA

ST NW ST

RHODE ISLAND AVE NE

WISCONSIN AVE NW 12

NEW YORK AVE NE NORTH CAPITOL ST CAPITOL NORTH

5 H ST NE 3 White House 9

The U.S. National Capitol EAST CAPITOL ST Mall 11

MINNESOTA AVE NE

Arlington National Cemetery Fort M ST SE Dupont Park 10 PENNSYLVANIA AVE SE

4 2 GOOD HOPE RD SE 1 OPPORTUNITY ZONE

MARTIN L. KING JR. AVE SE

SW 14 SE CONTENTS

1 ALABAMA AVENUE + GOOD HOPE ROAD, SE 10

Rock

CONNECTICUT AVE NW Creek

Park 2 ANACOSTIA 12 GEORGIA AVE GEORGIA

ST NW ST 3 TH BENNING ROAD + MARYLAND AVENUE, NE 14

16 4 CAPITOL RIVERFRONT / BUZZARD POINT 16

RHODE ISLAND AVE NE 5 DEANWOOD 18

WISCONSIN AVE NW Deanwood + Sheriff 19 NEW YORK AVE NE Deanwood Town Center 20 NORTH CAPITOL ST CAPITOL NORTH Deanwood + East Capitol 21

H ST NE 6 White GEORGIA AVENUE + HOWARD U. House 22

The U.S. National Capitol EAST CAPITOL ST Mall 7 GEORGIA AVENUE + WALTER REED 24

MINNESOTA AVE NE

Arlington 8 National Fort Cemetery KENNEDY STREET 26 M ST SE Dupont Park PENNSYLVANIA AVE SE 9 MINNESOTA + BENNING 28 GOOD HOPE RD SE 10 PENNSYLVANIA AVENUE, SE 30 Pennsylvania + Alabama Avenues, SE 31 Pennsylvania + Branch Avenues, SE 32

MARTIN L. KING JR. AVE SE Pennsylvania + Minnesota Avenues, SE 33

11 RFK STADIUM CAMPUS 34 12 RHODE ISLAND AVENUE 36 13 SAINT ELIZABETHS 38 14 SOUTH CAPITOL STREET 40 South Capitol Street + Bellevue 41 South Capitol Street + UMC 42 South Capitol Street + Southern Avenue 43 ALABAMA AVENUE + GOOD HOPE ROAD, SE

OPPORTUNITY ZONE

POPULATION: 10,175 MEDIAN HOME VALUE: $362,632 HOUSEHOLDS: 4,153 MEDIAN AGE: 37.8 AVERAGE HOUSEHOLD INCOME: $59,991

MAJOR INVESTMENTS MAJOR EMPLOYERS

• Good Hope Marketplace is a 97,000 SF shopping center • Safeway anchored by a 56,000 SF Safeway grocery store. Tenants • Washington Nursing Facility include Capital One Bank, Shoe City, and Subway. • Children’s Hospital Health Center A. Skyland Town Center: An 18.5-acre mixed-use project that will result in approximately 132,000 SF of retail • CVS space, medical/office uses, and 500+ residential units. Phase I is currently under construction and will deliver POTENTIAL PROGRAMS (select) roads and infrastructure in addition to 263 apartments and 84,000 SF of retail in Q3 2020. • Great Streets Small Business Grant • HUB Zone • Neighborhood Prosperity Fund (NPF) • Opportunity Zones • Supermarket Tax Incentives

Note: Demographics provided by Esri, 2019 estimates. All demographics are within 0.5 miles of Good Hope Road & Alabama Avenue, SE. Aerial photography on opposite page was captured in 2019 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 2015 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 2400 block of Good Hope Rd SE Dunkin Maxell Co. (c/o William C Smith) 43,873 1.01 $331,100 RA-1 2 2501 Good Hope Rd SE Cookie & Zion Avissar (c/o Avis R 14,963 0.34 $1,743,890 MU-7 Company Inc) 3 2503 - 2509 Good Hope Rd SE First Fsk LP (Delbe Real Estate) 14,342 0.33 $2,049,980 MU-7 4 2845 Alabama Ave SE Good Hope Marketplace LLC 351,229 8.06 $22,680,650 MU-7 5 2419 25th St SE Wagner LLC 19,601 0.45 $485,120 R-3 6 2300 block of Ainger Pl SE DC Government 43,566 1.00 $1,567,080 RA-1 7 2300 block of Ainger Pl SE Beechwood Ainger Place LLC 62,169 1.43 $1,357,900 RA-1 8 2340 Ainger Pl SE TMT Services LLC 29,044 0.67 $432,370 RA-1 9 2765 Naylor Rd SE (rear) TRS of Allen Chapel AME Church 55,515 1.27 $1,485,030 RA-1 10 2500 block of Alabama Ave SE Allen Chapel AME Church & Trustees 13,965 0.32 $177,080 RA-1 11 2495 - 2497 Alabama Ave SE Alabama Avenue LLC 18,843 0.43 $666,460 RA-1 12 2419 Ainger Pl SE Emanuel Baptist Church 27,020 0.62 $257,970 RA-1 a. Skyland Town Center (future phases): Rappaport & WC Smith are leading the development of the 18.5-acre Skyland Town Center. Future phases include additional retail, anchored by DC’s first Lidl grocery store, up to 250 additional residential units, and a 130,000 SF medical/office building. b. Skyland Town Center (Ph I - Block 2): Phase I will deliver 263 apartments and 84,000 SF of retail space in Q3/Q4 2020. c. Ainger Place Apartments (2400 Ainger Place SE): The Michaels Development Company and Emmanuel Baptist Church are building 72 affordbale residential units.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 11 ANACOSTIA

OPPORTUNITY ZONE

POPULATION: 11,514 ▲ 15% INCREASE SINCE 2010 MEDIAN HOME VALUE: $299,537

HOUSEHOLDS: 4,365 MEDIAN AGE: 33.2

AVERAGE HOUSEHOLD INCOME: $52,945

MAJOR INVESTMENTS MAJOR EMPLOYERS

• Busboys & Poets opened in 2019 • Department of Housing and Community Development A. Columbian Quarter: : Redbrick LMD plans to build a 2.4 million SF mixed-use project with 1.6 million SF of office, • Family & Medical Counseling Service 692 residential units, and 51,000 SF of retail space. • Department of For-Hire Vehicles Four Points & Curtis Development B. Reunion Square: • DC Office of Lottery & Charitable Games will build a 1.6 million SF mixed-use project on a 9.5-acre site. The next phase calls for 281,000 • Anacostia Arts Center SF office building, hotel and residential uses. C. Barry Farm: The DC government’s New Communities POTENTIAL PROGRAMS (select) Initiative envisions the 25-acre public housing site to be redeveloped into a vibrant mixed use, mixed- • Great Streets Small Business Grant income neighborhood with 1,100 housing units • HUB Zone and 40,000 SF of retail, along with a central park. Demolition of the public housing site began in 2018. • Neighborhood Prosperity Fund (NPF) • Opportunity Zones • Supermarket Tax Incentives

Note: Demographics provided by Esri, 2019 estimates. All demographics are within 0.5 miles of 14th & Cedar Streets, SE. Aerial photography on opposite page was captured in 2019 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 20142015 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 1101–1103 Howard Rd SE WMATA 143,782 3.30 $6,635,510 MU-14

2 2442–2458 Martin L. King Jr. Ave SE Bethlehem Baptist Church 141,585 3.25 $6,207,320 MU-4/RF-1 3 2000 blk of Martin L. King Jr. Ave SE National Bank of Washington 13,936 0.32 $466,890 MU-7 4 1110 U St SE Jemals 1110 U Street NE LLC 14,370 0.33 $755,600 PDR-1 5 1234 Good Hope Rd SE DC Government 112,932 2.59 $3,845,790 MU-7 6 1300 Good Hope Rd SE Kids Konnection 9,447 0.22 $1,490,170 MU-4 7 1918 14th St SE Good Home Investments LLC 37,440 0.86 $3,010,650 MU-4 8 1603 Good Hope Rd SE Hope Sound Corporation 10,248 0.24 $611,450 MU-4 9 1708–1710 Good Hope Rd SE Christopher Murphy 51,673 1.19 $4,340,760 MU-4 10 1736 Good Hope Rd SE John Shin Trustees 19,477 0.45 $1,154,830 MU-4 a. MLK Gateway I (1205–1215 Good Hope Rd., SE): The Menkiti Group is constructing 20,000 SF of office space and 14,000 SF of retail space. b. Reunion Square Phase II (Shannon Place & W Street, SE): Four Points & Curtis Properties plan on building a 281,000 SF office building (supported by a $25 million TIF), hotel, and residential buildings. c. Maple View Flats (2228–2252 Martin L. King Jr. Ave., SE): Chapman Development built 114 affordable rental units and 15,000 SF of retail space, anchored by Starbucks, in 2019.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 13 BENNING ROAD + MARYLAND AVENUE, NE

OPPORTUNITY ZONE

POPULATION: 19,245 ▲ 15% INCREASE SINCE 2010 MEDIAN HOME VALUE: $590,465 HOUSEHOLDS: 8,411 MEDIAN AGE: 38.7 AVERAGE HOUSEHOLD INCOME: $95,667

MAJOR INVESTMENTS MAJOR EMPLOYERS

• In the past five years (2015–2019) more than 1,600 new • CVS residential units were built within one block of H Street, NE • Miner Elementary School (Union Station to Hechinger Mall). As of December 2019, there were another 956 units under construction. • Ross Dress for Less • 200+ affordable residential units are currently under • Safeway construction in the area. • Flats at Atlas (Phase II), by Westbrook Partners, is under POTENTIAL PROGRAMS (select) construction at 17th & Maryland Avenue and will deliver 325 rental apartment units in late 2020/early 2021. • Great Streets Small Business Grant • HUB Zone • Neighborhood Prosperity Fund (NPF) • Opportunity Zones • Supermarket Tax Incentives

Note: Demographics provided by Esri, 2019 estimates. All demographics are within 0.5 miles of Benning Road & Maryland Ave, NE. Aerial photography on opposite page was captured in 2019 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 2015 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 1111 Bladensburg Rd NE Wondwoseng Ketema 11,539 0.26 $979,350 MU-4 2 1023 Bladensburg Rd NE 1021 Bladensburg Road BL LLC 10,260 0.24 $733,590 MU-4

3 1001 Bladensburg Rd NE Jason K Han & Young S Han 15,045 0.35 $967,150 MU-4

4 1024-1036 Bladensburg Rd NE 57th Street Mews Inc 10,944 0.25 $435,790 MU-4

5 920 Bladensburg Rd NE 1933 Montana Ave LLC 29,504 0.68 $8,868,980 MU-4

6 900 Bladensburg Rd NE Cheung Ming Properties Inc 10,517 0.24 $1,090,510 MU-4 (c/o Falston Properties) 7 824–840 Bladensburg Rd NE Wen Wen LLC (c/o Falston Properties) 20,004 0.46 $1,835,080 MU-4

8 814 Bladensburg Rd NE Kase Properties LLC 12,517 0.29 $739,980 MU-4

9 1501 Maryland Ave NE / Maryland Crossing Realty LLC 373,627 8.58 $28,103,400 MU-7 1518 Benning Rd NE (Ashkenazy Acquisition Corp.) * 10 725 19th St NE Friendship Publc Charter School 159,217 3.66 $13,135,400 MU-4

11 2301 & 2305 Benning Rd NE J Power Inc (c/o Falston Properties) 20,750 0.48 $3,032,120 MU-4

12 2501 Benning Rd NE 1505 Eastern Ave LLC 13,272 0.30 $1,880,760 MU-4 a. Delta Towers Addition (808 Bladensburg Rd., NE): The Delta Housing Corporation is building an addition to their existing residence with 179 affordable units for seniors and 5,000 SF of retail space. b. Flats at Atlas (Phase II): Flats at Atlas Phase II is a 325-unit apartment community scheduled to deliver in late 2020/early 2021. c. The Valvaere (1603–1625 Benning Rd., NE): Valor Development plans on building a 285-unit apartment building on the site. d. 777 17th St., NE: Development plans call for up to 190 residential units and 14,300 SF of retail space.

*According to the Washington Business Journal (8/21/19), site is under contract to MRP Realty and JM Zell Partners.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 15 CAPITOL RIVERFRONT / BUZZARD POINT

OPPORTUNITY ZONE

POPULATION: 17,020 ▲ 68% INCREASE SINCE 2010 MEDIAN HOME VALUE: $519,131

HOUSEHOLDS: 9,933 MEDIAN AGE: 35

AVERAGE HOUSEHOLD INCOME: $94,840

MAJOR INVESTMENTS MAJOR EMPLOYERS

• D.C. United’s new 19,000-seat stadium, Audi Field, • Alion Science & Technology delivered in Q3 2018 • Booz Allen Hamilton Phase I was completed in 2017 and delivered A. The Wharf: • DC Department of Transportation 2M SF of mixed-use development including 500,000 SF of office, 190,000 SF of retail, 870 residential units, • U.S. Department of Transportation 680 hotel rooms, and 140,000 SF of cultural and • U.S. Federal Highway Administration entertainment space. Phase II broke ground in Q1 2019 and will deliver 550,00 SF of office, 120,000 SF of retail, 317 residential units, and 116 hotel rooms in 2022. POTENTIAL PROGRAMS (select) B. 100 V Street: Akridge has plans for 2.4M SF of mixed-use • HUB Zone development across 7 acres located south of the new D.C. United stadium. Initial plans call for 250,000 SF of • Neighborhood Prosperity Fund (NPF) office, 70,000 SF of retail, 1.4M SF of residential space, • Opportunity Zones and 200 hotel rooms. • Supermarket Tax Incentives C. The Yards: The Yards is a multi-phased, 5.8M SF mix- used project led by Brookfield. 1.3 million SF have already delivered between 2010 and 2019 including a 5.4-acre waterfront park. As of December 2019, an additional 264 residential units, 41,000 SF of retail, and 290,000 SF of office space are currently under construction.

Note: Demographics provided by Esri, 2019 estimates. All demographics are within 0.5 miles of M and South Capitol Street, SW. Aerial photography on opposite page was captured in 2019 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 2015 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 Half Street & Potomac Ave SW Steuart Investment Company 29,401 0.67 $7,924,570 CG-4

2 1601 & 1605 South Capitol St SW DC Government 40,740 0.94 $12,872,710 CG-4

3 1620 South Capitol St SE DC Government 165,928 3.81 $54,943,830 CG-5 4 1724 South Capitol St SE Steuart Investment Company 42,208 0.97 $18,370,560 CG-5 5 1721 South Capitol St SW & Steuart Investment Company 126,164 2.90 $35,001,193 CG-4 1700 Half St SW 6 2 S St SW Florida Rock Properties 91,789 2.11 $27,059,480 CG-5 (c/o FRP Development Corp.) 7 1930 1st St SW Pepco 397,654 9.13 $107,188,790 CG-4 / CG-5 a. The Wharf: Phase II of the $2 billion, 3.16 million SF project is scheduled to deliver by 2022 and include 317 residential units (apartments & condos), 550,000 SF of office space, 116 hotel rooms, 120,000 SF of retail space, 200+ slip marina, and four acres of public park/open space. b. Audi Field (100 Potomac Ave., SW): The new $400 million D.C. United stadium opened in 2018 and has approximately 19,000 seats, 31 suites, and consists of a seating bowl with two canopies surrounding an uncovered field. c. Parcel B (1st, Half & R Streets, SW): Hoffman & Associates will develop Parcel B (1.6 acres) which can support up to 600,000 SF of development. The site is owned by the DC government and leased to D.C. United. d. Riverpoint (2100 2nd St., SW): Akridge, Jefferson Apartment Group Orr Partners, and Western Development are transforming the former U.S. Coast Guard HQ building into 481 residential units and up to 70,000 SF of retail space. The project is expected to deliver in mid-to-late-2020. e. 1900 Half Street SW: Douglas Development is converting a former office building into 453 residential units and 16,500 SF of retail space. The project is expected to deliver in mid-to-late-2020. f. Frederick Douglass Memorial Bridge: DDOT is building a new Frederick Douglass Memorial Bridge that will include six travel lanes, 20-foot-wide sidewalks, and new traffic ovals on both the east and west side of the Anacostia River. The bridge is expected to be completed in late 2021.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 17 DEANWOOD

OPPORTUNITY ZONE

POPULATION: 9,468 ▲ 9% INCREASE SINCE 2010 MEDIAN HOME VALUE: $270,470 HOUSEHOLDS: 3,262 MEDIAN AGE: 33.9 AVERAGE HOUSEHOLD INCOME: $53,935

MAJOR INVESTMENTS MAJOR EMPLOYERS

• The 1.6-acre, 194-space Park & Ride surface lot at the • Grant Park Care Deanwood Metrorail station is being considered for • DC Metropolitan Police Department redevelopment by WMATA. • HD Woodson Senior High School A. Kenilworth Courts Redevelopment: The Warrenton Group, Michaels Development Company, and the DC Housing Authority are redeveloping a 26-building, 14-acre POTENTIAL PROGRAMS (select) public housing complex. Plans include 530 residential units and 4,500 SF of retail space. • Great Streets Small Business Grant B. Lincoln Heights & Richardson Dwellings: As part of the • HUB Zone DC government’s New Communities Initiative, the Lincoln • Neighborhood Prosperity Fund (NPF) Heights and Richardson Dwellings neighborhoods will become mixed-income communities featuring 1,230 • Opportunity Zones residential units, a new mixed-use town center, and a • Supermarket Tax Incentives primary health care facility. C. Capitol Gateway Marketplace: Potential redevelopment scenarios for the 10-acre site include 300+ residential units and 167,000 SF of retail with an opportunity for a 135,000 SF large-format retailer and a restaurant pad site.

Note: Demographics provided by Esri, 2019 estimates. All demographics are within 0.5 miles of Nannie Helen Burroughs & Division Avenues, NE. Aerial photography on opposite page was captured in 2019 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 20152014 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 4409 Minnesota Ave NE Valor Minnesota LLC 55,517 1.27 $874,250 R-2 2 4318 Sheriff Rd NE Awadit M Ramdat 4,250 0.10 $152,870 MU-3

3 4326 Sheriff Rd NE Antonio Harrison 2,125 0.05 $50,000 MU-3

4 4328 Sheriff Rd NE Mojgan & Reva Nabavian 6,844 0.16 $246,180 MU-3

5 4402 Sheriff Rd NE Walgbow Management 2,475 0.06 $37,300 MU-3

6 4404 Sheriff Rd NE First Baptist Church of Deanwood 4,760 0.11 $138,850 MU-3

7 1000 blk of 45th St NE First Baptist Church Deanwood 50,114 1.15 $324,240 R-2

8 4690 Sheriff Rd NE Pilgrim Rest Baptist Church 14,122 0.32 $507,970 MU-3

9 4700 blk of Sheriff Rd NE House God Holy Church 5,673 0.13 $204,060 MU-3

10 4712 Sheriff Rd NE Rupsha 2011 LLC 4,100 0.09 $147,480 MU-3

11 4720 Sheriff Rd NE Beverly A Ball 2,524 0.06 $47,880 MU-3

12 4726 Sheriff Rd NE 4726 Sheriff Rd NE WDC 20019 LLC 10,238 0.24 $378,500 MU-3

13 4732 Sheriff RD NE Rupsha 2011 LLC 8,549 0.20 $304,470 MU-3

14 4746–4750 Sheriff Rd NE J Roberts Investments LLC 4,887 0.11 $477,070 MU-3

15 4922 Sheriff and 50th NE Waldo Properties LLC 14,893 0.34 $196,080 R-2

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 19 DEANWOOD TOWN CENTER

MAJOR DEVELOPMENT Completed since 2015 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 5110 Nannie Helen Burroughs Holy Christian Missionary 68,191 1.57 $5,979,550 MU-3 Baptist Church 2 5140 Nannie Helen Burroughs KT Estates LLC 9,555 0.22 $3,431,310 MU-3

3 710 Division Ave NE Vincent Claytor 8,706 0.20 $276,820 MU-3

4 712 Division Ave NE Tabernacle Baptist 37,323 0.86 $2,705,910 MU-3 Church 5 5207 Nannie Helen Burroughs PMG New Jersey LLC 13,939 0.32 $578,610 MU-3

a. The Residences at Hayes (5201 Hayes St., NE): The Warrenton Group redeveloped a vacant site into 150 affordable residential units in 2018. b. The Strand Residences (5119–5127 Nannie Helen Burroughs Ave., NE): The Warrenton Group is building 86 affordable residential units and 2,600 SF of commercial space. The historic Strand Theatre will be transformed into the Deanwood Smokehouse (from owners of Ivy City Smokehouse)—a restaurant, music venue, bar, and community space. c. Providence Place (50th & Fitch St., NE): Progressive National Baptist Convention CDC is developing the site into a four-story, 93-unit affordable housing development.

MAJOR DEVELOPMENT Completed since 20142015 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 5700 East Capital Supreme Council 26,721 0.61 $2,174,630 House Jacob USA 2 5700 blk of East Capitol St NE DC Housing Authority 61,817 1.42 PUD (C2-A, R5-A)

3 5800 blk of East Capitol St NE DC Housing Authority 37,055 0.85 $1,275,450 RA-1 (c/o A&R/THC LLC) 4 5900 blk of East Capitol St SE DC Housing Authority 55,572 1.28 $335,650 PUD (R5-A)

5 5929 East Capitol St SE DC Housing Authority 124,606 2.86 $4,984,240 RA-2

6 5800–5900 blk of DC Housing Authority 369,788 8.49 $12,546,980 PUD (C2-A, R5-A) East Capitol St NE

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 21 GEORGIA AVENUE + HOWARD U.

OPPORTUNITY ZONE UNIVERSITY CAMPUS

POPULATION: 18,300 ▲ 25% INCREASE SINCE 2010 MEDIAN HOME VALUE: $720,646 HOUSEHOLDS: 6,858 MEDIAN AGE: 30.3 AVERAGE HOUSEHOLD INCOME: $129,720

MAJOR INVESTMENTS MAJOR EMPLOYERS

• Whole Foods will anchor a 10-story, 428-unit apartment • Howard University Hospital building with an expected Q4 2020 delivery at 965 • Howard University College of Medicine Florida Avenue, NW. • Sodexo • The adjacent 14th & U Street neighborhood has seen 2,726 residential units and 384,000 SF of new retail • Carlos Rosario International Career Center development since 2010. • 9:30 Club A. McMillan Sand Filtration Site: Jair Lynch, Trammell • Cardozo High School Crow, EYA, and the Department of General Services will redevelop the 24-acre site into 2.1 million SF of mixed-use development that includes 660 residential units, 125,000 POTENTIAL PROGRAMS (select) SF of retail, a 17,500 SF community center, and a 1 million SF of healthcare space. • Great Streets Small Business Grant B. Armed Forces Retirement Home: Madison Marquette & • HUB Zone Urban Atlantic were selected as master developers for • Neighborhood Prosperity Fund (NPF) the redevelopment of 80-acres of The Armed Forces • Opportunity Zones Retirement Home (AFRH). At full built-out, the site could support up to 4.3 million SF of new mixed-use development. • Supermarket Tax Incentives Note: Demographics provided by Esri, 2019 estimates. All demographics are within 0.5 miles of Georgia Avenue & Howard Place, NW. Aerial photography on opposite page was captured in 2019 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 20142015 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 2041 Georgia Ave Howard University (land only) 667,939 15.33 $402,437,740 PDR-3/ RA-3 2 651 Florida Ave NW Jemal's 651 Florida LLC 5,119 0.12 $3,505,660 PDR-3

3 623 Florida Ave NW TRS of Florida Ave Bapt Church 15,018 0.34 $3,954,830 MU-4/RF-1

4 301 Rhode Island Ave NW United Planning organization 72,894 1.67 $16,352,710 MU-4

5 1844 3rd Street NW 1844 3rd LLC 8,315 0.19 $1,668,780 RF-1 a. Trellis House (907 Barry Pl., NW): Howard University, RISE, and Gateway Investment Partners built a six-story, 319-unit apartment building with 11,500 SF of retail space in 2018. b. The Wren (965 Florida Ave., NW): MRP and Ellis Development Group are building 428-unit apartment building with a 51,000 SF Whole Foods (Q4 2020 estimated delivery). c. 901 W (901 Florida Ave., NW): The third phase of JBG Smith’s Atlantic Plumbing site is a 10-story, 256-unit residential building (Q1 2020 delivery). d. Bond Bread (2114 Georgia Ave. NW): Howard University selected Edens, Menkiti Group, and Fivesquares Development to redevelop the 2.2-acre site. Conceptual redevelopment scenarios include 450 residential units, 74,000 SF of retail, and potentially a 156-room hotel. e. McMillan Sand Filtration Site (North Capitol St. & Michigan Ave., NW): Jair Lynch Real Estate Partners, EYA and Trammell Crow will redevelop the 24-acre site into 1.0 million SF of healthcare uses, 660 residential units, 80-125,000 SF of retail, a 17,500 SF community center and a 6.2-acre central park.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 23 GEORGIA AVENUE + WALTER REED

MAJOR DEVELOPMENT OPPORTUNITY ZONE Completed since 2015 Under Construction Pipeline

POPULATION: 6,878 ▲ 14% INCREASE SINCE 2010 MEDIAN HOME VALUE: $653,713 HOUSEHOLDS: 2,968 MEDIAN AGE: 41.5 AVERAGE HOUSEHOLD INCOME: $135,546

Note: Demographics provided by Esri, 2019 estimates. All demographics are within 0.5 miles of Georgia Avenue & Hemlock Street, NW. Aerial photography was captured in 2019 (source: opendata.dc.gov).

MAJOR INVESTMENTS MAJOR EMPLOYERS

• 5.2 million SF of development in the pipeline • ACECO • Target opened a store in 2019 at Georgia & Eastern • DC International School & Latin American Avenues Montessori Bilingual School • FoodStaff Inc. • Parkinson Construction Company

POTENTIAL PROGRAMS (SELECT)

• Great Streets Small Business Grant • HUB Zone • Neighborhood Prosperity Fund (NPF) • Opportunity Zones • Supermarket Tax Incentives

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 7600 Georgia Ave NW Capital Building Inc 20,530 0.47 $2,768,130 MU-4

2 7530 Georgia Ave NW 7530 Georgia Ave NW 18,847 0.43 $2,151,590 MU-4 Partners LLC 3 7425 Georgia Ave NW Capital Building Inc 32,679 0.75 $3,775,030 MU-4/R-2

4 7401 Georgia Ave NW Anacostia Realty LLC 20,301 0.47 $3,046,220 MU-4/R-2

5 6711 Georgia Ave NW Keshav Enterprises INC 23,454 0.54 $3,669,600 RA-2

6 6500 Piney Branch rd NW NAI Saturn Eastern LLC 134,658 3.09 $14,324,230 MU-4 (c/o New Albertson's Inc) a. The Brooks and the Vale (1010 Butternut Street, NW): Located at the corner of Georgia Avenue and Aspen Street, this will be the first market-rate mixed-use building to deliver at the Parks at Walter Reed (expected Q4 2020/Q1 2021 delivery) and will consist of 389 residential units (rental & condo) and 18,000 SF of retail. b. Georgia Row at Walter Reed (7229 Georgia Ave., NW): Elm Street Development built 63 two-over-two condominum units in late 2018/early 2019. c. The Parks at Walter Reed (6800 Georgia Ave., NW): Hines, Urban Atlantic, and Triden Development Group will redevelop 66 acres of the 110-acre campus into a 3.2 million SF mixed-use development with 20 acres of open space, over 2,200 residential units (including affordable housing), 236,000 SF of retail uses, a potential 200-room hotel & conference center, and 310,000 SF of office space. d. Children’s National Research & Innovation Campus (6825 16th St., NW): Children’s National Research & Innovation Campus at Walter Reed will be a 400,000 SF medical research facility on 11.68 acres focusing on research devoted to complex and rare genetic diseases and a primary care clinic. Partners include Johnson & Johnson JLABS and Virginia Tech.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 25 KENNEDY STREET

OPPORTUNITY ZONE

POPULATION: 14,981 ▲ 10% INCREASE SINCE 2010 MEDIAN HOME VALUE: $477,056 HOUSEHOLDS: 5,722 MEDIAN AGE: 39.9 AVERAGE HOUSEHOLD INCOME: $85,021

MAJOR INVESTMENTS MAJOR EMPLOYERS

• $10 million in streetscape and green infrastructure • ABA Home Health Care improvements completed in 2017. • Washington Latin Public Charter School • Dantes Partners & Gilbane are redeveloping a DHCD site • Regional Contracting Service LLC at 809–813 Kennedy Street into 38 residential units and 1,044 SF of retail space (2021 delivery). • Paul Junior High Public Charter School • ANXO Cidery & Tasting Room, Cheesemonster Studio, Home Rule Records, Jackie Lee’s, Library Tavern, Soup POTENTIAL PROGRAMS (select) Up, and Lighthouse Yoga Center have opened along Kennedy Street in the last few years • Great Streets Small Business Grant • HUB Zone • Neighborhood Prosperity Fund (NPF) • Opportunity Zones • Supermarket Tax Incentives

Note: Demographics provided by Esri, 2019 estimates. All demographics are within 0.5 miles of 4th & Kennedy Streets, NW. Aerial photography on opposite page was captured in 2019 (source: opendata.dc.gov).

MAJOR DEVELOPMENT MAJOR DEVELOPMENT Completed since 2014 Completed since 2015 Under Construction Under Construction Pipeline Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 5429 Georgia Ave NW Georgia & Kennedy LLC 4,989 0.11 $961,620 MU-4

2 830 Kennedy Street NW S&S Real Estate LLC 11,000 0.25 $2,392,800 MU-4

3 716 Kennedy St NW Belva Jenkins 20,294 0.47 $2,447,070 MU-4

4 608 Kennedy Street NW 608 Keneedy St NW LLC 14,250 0.33 $1,194,310 MU-4

5 600 Kennedy Street NW RN Horton Company 10,688 0.25 $2,234,070 MU-4

6 5425 5th Street NW Brian Kim 10,120 0.23 $1,274,880 MU-4

7 139 Kennedy Street NW Phi Beta Sigma Fraternity 13,225 0.30 $2,372,970 MU-4

8 5420 New Hampshire Ave New Hampshire Ave LLC 15,689 0.36 $1,596,580 MU-4/RA-1 a. Georgia Crossing (5806–5756 Georgia Ave.): Neighborhood Development Corporation plans to build 370+ residential units and 45,000 SF on the site. b. Todd A. Lee Senior Residences (809–813 Kennedy Street): Dantes Partner is redeveloping the 10,638 SF site into 38 units of affordable housing for seniors and 1,000 SF of retail space. c. 67–71 Kennedy & 5005 1st Streets: Coloma River Capital plans to build a four-story, 46-unit residential building with up to 8,500 SF of retail space. d. 22–24 Kennedy Street: District Properties purchased two parcels and could build up to a 70,000 SF multifamily building.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 27 MINNESOTA + BENNING

OPPORTUNITY ZONE

POPULATION: 8,512 ▲ 13% INCREASE SINCE 2010 MEDIAN HOME VALUE: $288,060 HOUSEHOLDS: 3,728 MEDIAN AGE: 38.9 AVERAGE HOUSEHOLD INCOME: $49,954

MAJOR INVESTMENTS MAJOR EMPLOYERS

• 2.5 million SF of development in the pipeline • Safeway • 1,000+ residential units have been built since 2010 • Washington DC Human Services Department A. Parkside Mixed-use Development: City Interests, • East River Family Marshall Heights CDO, and Bank of America CDC are • Marshall Heights Community Development developing the 26-acre site into 3.1 million SF of mixed- use development, including 2,000 residential units, • Friendship Collegiate School 860,000 SF of office, and 50,000 SF of retail space. Several residential buildings have already been built. POTENTIAL PROGRAMS (select) B. East River Park: Cedar Realty Trust plans to redevelop the existing East River Park Shopping • Great Streets Small Business Grant Center into 280 residential units, 33,000 SF • HUB Zone of office, and 120,000 SF of retail space. • Neighborhood Prosperity Fund (NPF) • Opportunity Zones • Supermarket Tax Incentives

Note: Demographics provided by Esri, 2019 estimates. All demographics are within 0.5 miles of 40th & Clay Streets, NE. Aerial photography on opposite page was captured in 2019 (source: opendata.dc.gov).

MAJOR DEVELOPMENT MAJOR DEVELOPMENT Completed since 2014 Completed since 2015 Under Construction Under Construction Pipeline Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 3621 Benning Rd NE 3621 Benning Rd LLC 121,483 2.79 $4,776,430 PDR-1 2 3900 Benning Rd NE Shop E Incorp 12,607 0.29 $962,840 MU-7 3 4045 Minnesota Ave NE Jemal's Minnesota LP 19,758 0.45 $1,278,800 MU-7 4 4047–4063 Minnesota Ave NE MBN Ltd 26,109 0.60 $2,070,130 MU-7 5 3939 Benning Rd NE Marshall Heights CDO 26,921 0.62 $3,094,450 MU-7 6 100 42nd Street NE DC Government 72,736 1.67 $3,341,750 R-2 7 4435 Benning Rd NE ZS Benning LLC 18,006 0.41 $699,280 MU-7 8 4443 Benning Rd NE 4443 Benning Rd LLC 15,431 0.35 $970,300 MU-7 9 4445 Benning Rd NE Raphael Ehilen 24,715 0.57 $1,877,900 MU-7 10 4501 Benning Rd Anacostia Realty LLC 19,372 0.44 $879,470 MU-7 11 4519 Benning Rd SE Power Fuel & Transport LLC 11,354 0.26 $521,970 MU-7 12 4518–4128 Benning Rd SE Benco Holdings LLC 41,504 0.95 $4,626,670 MU-7 a. The Solstice (3526–3552 East Capitol St., NE): MRP Realty redeveloped the former Greenway Market into 146 affordable housing units, 2,100 SF of retail space, and underground parking in 2019. b. East River Park Shopping Center (Minnesota Ave. & Benning Rd.): Cedar Realty Trust plans to redevelop the East River Park Shopping Center into 280 residential units, 120,000 SF of retail space, 33,000 SF of office space, and 622 parking spaces. c. The Conway Center (4430 Benning Rd., NE): SOME built 202 affordable residential units, an employment & training center along with health services in 2018.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 29 PENNSYLVANIA AVENUE, SE

OPPORTUNITY ZONE

POPULATION: 5,131 MEDIAN HOME VALUE: $461,667 HOUSEHOLDS: 2,383 MEDIAN AGE: 47.8 AVERAGE HOUSEHOLD INCOME: $96,465

MAJOR INVESTMENTS MAJOR EMPLOYERS

• Phase I of the Shops at Penn Hill opened in 2019, • Anne Beers Elementary anchored by Planet Fitness. • Randle Highlands Elementary • Fort Davis Center (3863 Alabama Ave. SE), a 44,000 SF • MBI Health Service mixed-use community center, sold for $13.5 million in 2018

A. Shops at Penn Hill: Jair Lynch Real Estate Partners is POTENTIAL PROGRAMS (select) upgrading & redeveloping the existing Penn Branch Shopping Center into at 209,000 SF mixed-use center. • Great Streets Small Business Grant Phase I upgraded the existing 89,000 SF center and is anchored by Planet Fitness. Phase II could feature 100–150 • HUB Zone residential units and up to 35,000 SF of commercial space. • Neighborhood Prosperity Fund (NPF) B. Skyland Town Center: Rappaport, WC Smith, and • Opportunity Zones the Washington East Foundation are redeveloping the Skyland Shopping Center, which will result in • Supermarket Tax Incentives approximately 132,000 SF of retail space, medical/office uses, and 500+ residential units. Phase I will deliver 263 apartments and 84,000 SF of gross retail in Q3 2020. Future phases will include DC’s first Lidl and a Starbucks along with additional retail & restaurant uses.

Note: Demographics provided by Esri, 2019 estimates. All demographics are within 0.5 miles of Pennsylvania & Branch Avenues, SE. Aerial photography on opposite page was captured in 2019 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 20142015 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 3927–3959 Pennsylvania Ave PA Properties 43,856 1.01 $5,918,320 MU-4 (3829 Pennsylvania) 2 3825 Alabama Ave SE & Anacostia Realty LLC 29,209 0.67 $1,567,740 MU-4 3908 Pennsylvania Ave SE 3 3863 Alabama Ave Se Penn-Bama, LLC 37,724 0.87 $11,819,730 MU-4

4 3867–3871 Alabama Ave SE Alexandria Corporation 18,562 0.43 $2,291,130 RA-1

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 31 PENNSYLVANIA + BRANCH AVENUES, SE

MAJOR DEVELOPMENT Completed since 2015 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 3000 Pennsylvania Ave SE Pennsylvania Ave 78,594 1.80 $5,018,070 R-1-B Baptist Church 2 Pennsylvania Ave SE Burka Brothers 17,220 0.40 $619,400 MU-3

3 3250 Pennsylvania Ave SE Leonard Burka 27,504 0.63 $1,387,200 MU-3

4 3201 Pennsylvania Ave SE GTY CPG VA DC 10,602 0.24 $925,660 MU-3 LEASING INC 5 3225–3233 Pennsylvania Ave SE Western Ave Holdings 15,122 0.35 $1,396,130 MU-3 LLC (c/o John C Formant Real Estate) 6 3235 Pennsylvania Ave SE Claudia W Jackson Rep 14,594 0.34 $829,300 MU-3

a. Shops at Penn Branch Phase I (3200 Pennsylvania Ave., SE): The existing 82,000 SF Penn Branch Shopping Center underwent a $15 million renovation in 2019 by Jair Lynch Real Estate Partners and is anchored by a 20,000 SF Planet Fitness. b. Shops at Penn Branch (Phase II): Jair Lynch Real Estate Partners has preliminary plans to build a new 100–150 unit residential building with up to 35,000 SF of commercial space on the existing rear parking lot.

MAJOR DEVELOPMENT Completed since 20152014 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 2301–2305 Pennsylvania Ave SE RWG Development 29,068 0.67 $2,253,780 MU-4

2 2300 Pennsylvania Ave SE Ghulam Corp 13,904 0.32 $1,289,400 MU-4

3 2324 Pennsylvania Ave SE Sang C Lim 8,085 0.19 $1,191,240 MU-4

4 2337 Pennsylvania Ave SE DC Govt 1,550 0.04 $231,860 MU-4

5 2500 Pennsylvania Ave SE Penn Ave LLC 7,140 0.16 $666,900 MU-4

6 2510 Pennsylvania Ave SE 2510 Penn Ave Partners 12,000 0.28 $1,483,720 MU-4 LLC 7 2501 Pennsylvania Ave SE Shell Oil Company 11,214 0.26 $940,170 MU-4

8 2521–2529 Pennsylvania Ave SE Maine Properties 24,398 0.56 $1,379,860 MU-4

9 2533 Pennsylvania Ave SE 2533 Pennsylvania Ave SE 12,657 0.29 $961,500 MU-4 GP (c/o Rahimi Investment) 10 2537 Pennsylvania Ave SE 2537 Pennsylvania Ave 9,349 0.21 $308,610 MU-4 Partnership LLC 11 2617 Pennsylvania Ave SE American Security & Trust Co 16,495 0.38 $1,543,480 MU-4 a. 2525 Minnesota Ave., SE: Neighborhood Development Corporation will build 26 affordable condominiums on the 0.45-acre site. b. Boone Elementary School (2200 Minnesota Ave., SE): The former Benjamin Orr Elementary School was replaced with a new three-story, 68,000 SF Lawrence E. Boone Elementary School with a capacity of 468 students.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 33 RFK STADIUM CAMPUS

OPPORTUNITY ZONE

POPULATION: 17,420 ▲ 13% INCREASE SINCE 2010 MEDIAN HOME VALUE: $777,403 HOUSEHOLDS: 8,170 MEDIAN AGE: 38.5 AVERAGE HOUSEHOLD INCOME: $180,094

MAJOR INVESTMENTS MAJOR EMPLOYERS

• Phase I of the RFK Stadium redevelopment transformed • ASAP Services Corp part of the 190-acre RFK Stadium site into three • Eastern High School artificial multi-purpose recreations fields. The layout accommodates a youth soccer field, two baseball • USDA diamonds, two full soccer fields, and two lacrosse fields. Furthermore, there is a picnic area, playground, and a POTENTIAL PROGRAMS (select) 6,000 SF pavilion. A. RFK Stadium Campus: The 190-acre RFK Stadium site • HUB Zone could be redeveloped into multi-use recreation fields, a • Neighborhood Prosperity Fund (NPF) 47,000 SF market hall, 350,000 SF sports complex, three pedestrian bridges connecting Heritage and Kingman • Opportunity Zones Islands and the River Terrace neighborhood, and a • Supermarket Tax Incentives memorial to Robert F. Kennedy.

Note: Demographics provided by Esri, 2019 estimates. All demographics are within 0.5 miles of 14th Street and East Capitol Street, NE. Aerial photography on opposite page was captured in 2019 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 2015 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 2000 blk of Gales St NE Kevin Livingston 3,881 0.09 $69,740 RF-1

2 16th, F, Rosesdale Streets NE Phyllis Chase 7,649 0.18 $67,080 RF-1

3 15th & F Streets NE DC Government 5,040 0.12 $415,700 RA-2

4 429 18th St NE (rear) Briley Incorporated 6,079 0.14 $668,690 RF-1

5 20th, E & D Streets NE John Huennekens 7,768 0.18 $79,860 RF-1

6 1800 blk of D St NE James B Briley Sr Trustee 4,947 0.11 $289,880 RF-1

7 15th, 16th, C & D Streets NE Oliver Murray 10,750 0.25 $73,420 RF-1 a. RFK Stadium Campus (Phase I): Phase I of the RFK Stadium redevelopment transformed part of the 190-acre RFK Stadium site into three artificial multi-purpose recreations fields in 2019. The layout accommodates a youth soccer field, two baseball diamonds, two full soccer fields, and two lacrosse fields. Furthermore, there is a picnic area, playground, and a 6,000 SF pavilion. b. RFK Stadium Campus: EventsDC is leading the master plan efforts for the 190-acre RFK Stadium site. Potential plans call for a 47,000 SF market hall, a 350,000 SF sports complex, three pedestrian bridges, and a memorial to Robert F. Kennedy. c. Hill East Waterfront (formerly known as Reservation 13): The 67-acre site, owned by the DC government, could support approximately five million SF of mixed-use development. Currently, there is about 2.2 million SF of buildings on the site, including the DC Central Detention Facility and former medical facilities. d. Beckert’s Park (415 14th St., SE): Foulger-Pratt built 325 residential units and a new 60,000 SF Safeway grocery store on the site of a former Safeway location in Q2/Q3 2020.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 35 RHODE ISLAND AVENUE, NE

OPPORTUNITY ZONE

POPULATION: 11,352 ▲ 42% INCREASE SINCE 2010 MEDIAN HOME VALUE: $518,539 HOUSEHOLDS: 4,899 MEDIAN AGE: 37.6 AVERAGE HOUSEHOLD INCOME: $85,672

MAJOR INVESTMENTS MAJOR EMPLOYERS

• 18 million SF of development in the pipeline within one- • Home Depot mile of 4th & Bryant Streets, NE • Columbia Woodworking Inc • 3,600+ residential units under construction within one- • Forman Mills mile of 4th & Bryant Streets, NE • Old Town Trolley Tours • 1500+ residential units have been built within one-mile of 4th & Bryant Streets, NE since 2017 • DC Prep Charter Schools A. Bryant Street: MRP Realty plans for the redevelopment of the existing Rhode Island Avenue Shopping Center POTENTIAL PROGRAMS (SELECT) include up to 1,600 residential units and 250,000 SF of retail, anchored by a grocery store and 9-screen Alamo • Great Streets Small Business Grant Drafthouse Cinema. • HUB Zone B. RIA: MidCity plans to redevelop the 20-acre site into • Neighborhood Prosperity Fund (NPF) a mixed-use, mixed-income neighborhood. Eight • Opportunity Zones new city blocks will be created and will include 1,760 residential units and 182,000 SF of retail uses. • Supermarket Tax Incentives C. NewCityDC: Douglas Development has plans to redevelop the 16-acre site into 1.6 million SF of mixed-use development, including 1,350 residential units, 375,000 SF of retail & entertainment uses, and a potential hotel.

Note: Demographics provided by Esri, 2019 estimates. All demographics are within 0.5 miles of 4th & Edgewood Ter, NE. Aerial photography on opposite page was captured in 2019 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 20152014 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 400 Rhode Island Ave NE 400 Rhode Island LLC 7,870 0.18 $908,390 MU-7 2 413–415 Rhode Island Ave NE FIFTH STREET LLC 11,124 0.26 $1,915,200 MU-4 3 513 Rhode Island Ave NE DC Government 9,375 0.22 $1,948,130 PDR-2 4 519–533 Rhode Island Ave NE 525 Rhode Island Ave LP 29,614 0.68 $2,772,880 PDR-2 5 1216 Saratoga Ave NE Isle Patmos Baptist Church 29,301 0.67 $7,030,960 RA-1 6 1905 9th St NE Patricia Yuen Life Insurance Trust 73,374 1.68 $7,364,410 PDR-4 7 1899 9th St NE BET & DC Govt 92,552 2.12 $8,140,800 PDR-4 8 1900 W PL NE BET & DC Govt 85,625 1.97 $13,825,850 PDR-4 9 1301 W Street NE BET & DC Govt 132,175 3.03 $6,600,880 PDR-4 10 W St NE DC Government 75,286 1.73 $4,140,730 PDR-4 11 1235 W Street NE BET 50,000 1.15 $4,612,170 PDR-4 12 1241, 1333, 1403 W St NE DC Government 586,773 13.47 $19,363,510 PDR-1 & 4 a. Bryant Street: The 13-acre Rhode Island Avenue Shopping Center will be redeveloped into a 1.56 million SF mixed-use project with 245,000 SF of retail and up to 1,600 residential units. Phase I will consist of three buildings totaling about 490 residential units, a nine-screen Alamo Draft Cinema, and approximately 40,000 SF of additional retail space in Q1 2021. b. Reed Street: Boundary Companies (1 acre), Jack Sarf’s Franklin & Rocky Properties (2.75 acres), and Trammell Crow (1.2 acres) made land purchases along Reed Street in 2018. c. Brookland Press (806 Channing Pl., NE): Douglas Development built 295 market-rate apartments and incorporated an existing industrial building on the site in 2017. d. RIA (14th St., Montana & Rhode Island Aves., NE): MidCity plans to redevelop the 20-acre site into a mixed-use neighborhood with 182,000 SF of retail space and 1,760 residential units (20% affordable units).

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 37 SAINT ELIZABETHS

OPPORTUNITY ZONE

POPULATION: 8,680 ▲ 56% INCREASE SINCE 2010 MEDIAN HOME VALUE: $285,232 HOUSEHOLDS: 3,328 MEDIAN AGE: 36.6 AVERAGE HOUSEHOLD INCOME: $56,630

MAJOR INVESTMENTS MAJOR EMPLOYERS

• The redevelopment of the 176-acre West Campus of • Saint Elizabeths Hospital St. Elizabeths calls for the consolidation of the U.S. • Homeland Security & Emergency Management Department of Homeland Security (DHS). The master plan calls for 14,000-18,000 employees on the campus. • Pen Fed Credit Union Phase I was completed in 2013 with the construction of • Chiaramonte Construction Company the new 3,700-employee, U.S. Coast Guard HQ. Phase II, completed in 2019, involved the construction and • WCS Construction, LLC renovation of historic buildings for the new DHS HQ. A. Saint Elizabeths East: The redevelopment vision for POTENTIAL PROGRAMS (SELECT) the 183-acre site calls for one million SF of office space, 1,300 residential units, 236,000 SF of retail space, 500 • Great Streets Small Business Grant hotel rooms, a new hospital and 250,000 SF of civic and • HUB Zone educational uses. The 4,200-seat Entertainment & Sports • Neighborhood Prosperity Fund (NPF) Arena opened in 2018 and Whitman-Walker Health will be the anchor tenant in a new office building on Parcel • Opportunity Zones 17. The DC government is also investing $100 million in • Supermarket Tax Incentives infrastructure work (roads, utilities, sewers) through 2021.

Note: Demographics provided by Esri, 2019 estimates. All demographics are within 0.5 miles of Raleigh-Pl & Martin Luther King Jr Ave, SE. Aerial photography on opposite page was captured in 2019 (source: opendata.dc.gov).

MAJOR DEVELOPMENT MAJOR DEVELOPMENT Completed since 2014 Completed since 2015 Under Construction Under Construction Pipeline Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 3200 13th Street SE Metro Apartments LLC 6,441 0.15 $507,830 RA-1

2 3210 13th St SE & 1309 Alabama Ave SE CityPartners 17,961 0.41 $1,585,930 RA-1

3 1315 Alabama Ave SE WMATA 21,123 0.48 RA-1

4 3232–3242 13th Street SE Savannah Preservation 50,782 1.17 $2,980,250 RA-1 Partners LLC a. The 4,200-seat Entertainment & Sports Arena is the new home arena for the 2019 WNBA Chamption Washington Mystics and Capital City Go-Go home arenas, and Washington Wizards’ training complex. b. Parcel 11: As part of Phase I (Redbrick LMD is master developer) AEDC has redeveloped six historic buildings into 252 mixed-income apartments. c. Parcel 15: The 4.2-acre site will be redeveloped by Redbrick LMD into a town square surrounded by two residential buildings (288 units), a 125 - 150-room hotel, a 200,000 SF office building and up to 20,000 SF of retail space. d. Parcel 17: As part of Phase I (Redbrick LMD is master developer) Whitman-Walker Health has leased 116,000 SF in a build-to-suit office building that will also provide ground-floor retail & neighborhood services.

DC Government (113,256 SF): In January 2020 the DC government issued an RFP Parcel 3 DC Government (178,596 SF) Parcel 8 for the site, which includes Building 100. Ideal uses include education, workforce development, and business development needs for DC entrepreneurs. DC Government (84,902 SF): In January 2020 the DC government issued Parcel 4 DC Government (156,816 SF) Parcel 9 an RFP for the site, which includes Building 102 and a buildable lot to the northeast. Ideal uses include commercial and/or educational uses. As part of Phase I (Redbrick LMD is master developer) plans Parcel 5 DC Government (387,684 SF) Parcel 10 & 14 for Parcel 10 & 14 include 80-120 for-sale townhomes. DC Government (~4 acres): In January 2020 the DC government issued an RFP for the site, which will serve as transit-oriented development with access Parcel 6 DC Government (174,240 SF) Parcel 13 to the WMATA Congress Height Station. It can accommodate up to 126,324 SF of new construction by-right. Parcel 7 DC Government (148,104 SF) Parcel 16 DC Government (52,272 SF)

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 39 SOUTH CAPITOL STREET

OPPORTUNITY ZONE

POPULATION: 13,714 MEDIAN HOME VALUE: $260,368 HOUSEHOLDS: 5,700 MEDIAN AGE: 32.1 AVERAGE HOUSEHOLD INCOME: $38,566

MAJOR INVESTMENTS MAJOR EMPLOYERS

• Good Food Markets grocer will open in 2020 in the new • Community of Hope 195-unit South Capitol Multifamily project at 4001 South • Court Services & Offender Supervision Agency Capitol Street. The project was awarded a $880,000 grant from the Neighborhood Prosperity Fund grant to • DC Department of Human Services support the buildout for the grocer. • Paramount Baptist Church A. Southern Hills: WinnDevelopment plans to redevelop • Southeast Child Development Center the existing 9.2-acre, seven-building complex into an affordable community with five multi-family buildings (213 units), 42 townhomes, and a 25,000 SF community POTENTIAL PROGRAMS (SELECT) service center. • Great Streets Small Business Grant • HUB Zone • Neighborhood Prosperity Fund (NPF) • Supermarket Tax Incentives

Note: Demographics provided by Esri, 2019 estimates. All demographics are within 0.5 miles of 4th & Atlantic Streets, SE. Aerial photography on opposite page was captured in 2019 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 20152014 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 3913 South Capitol St SW South Capitol St Liberty LLC 11,093 0.25 $535,620 MU-4

2 3915 South Capitol St SW SMS Properties Inc 7,501 0.17 $375,020 MU-4

3 3850 South Capitol St SE SCSB Inc 36,719 0.84 $2,671,580 MU-4

4 3920 South Capitol St SE Arnold Miller 27,890 0.64 $2,093,650 MU-4 a. 3840 South Capitol St., SE: Kaye Stern Properties plans to build 106-units of affordable housing on the site. b. Trinity Plaza (21 Atlantic St., SW): Far SW-SE CDC & MissionFirst Development built 49 affordable rental units and 6,000 SF of retail space in 2015. c. South Capitol Multifamily (4001 S. Capitol St., SW): City Interests & Michaels Development are redeveloping the former South Capitol Street Shopping Center into 195 affordable residential units and 5,000 SF of retail space with a spring/summer 2020 delivery.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 41 SOUTH CAPITOL STREET + UMC

MAJOR DEVELOPMENT OPPORTUNITY ZONE Completed since 2015 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 1310 Southern Ave SE DC Government (United 701,614 16.11 $71,966,620 RA-1 Medical Center)

a. Asheford Court (15th & Mississippi Ave., SE): WC Smith completed Phase II in 2016 which included 55 single-family detached homes that offered up to 5BR & 4.5BA. b. The Townes at Archer Park (10th, 11th & Trend Pl., SE): NVR built 74 for-sale townhomes on a 3.67-acre vacant site in 2018. c. Archer Park (1100 & 1200 Mississippi Ave., SE): WC Smith built a new 190-unit affordable housing development in 2017.

MAJOR DEVELOPMENT Completed since 20152014 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 4700 S Capitol St SE Shell Oil Company 33,348 0.77 $1,362,450 MU-7

2 400 Southern Ave SE US Postal Office 49,400 1.13 $2,543,890 MU-5A

a. Living Place at Southern (306 Southern Ave., SE): Dantes Partners and Gilbane are building a five-story, 152-unit affordable senior assisted living facility with an expected delivery of Q3 2021.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2020 EDITION 43 WDCEP REAL ESTATE SERVICES

NEIGHBORHOOD DEVELOPMENT PROFILES REPORT 2020 EDITION 2019 / 2020 EDITION Neighborhood DC Profiles Development Report

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