Emerging Corridors + Opportunity Zones 2019 Edition

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EMERGING CORRIDORS + OPPORTUNITY ZONES 2019 EDITION

In Public-Private Partnership with IMAGE COURTESY OF MENKITI GROUP 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 2019 Emerging Corridors + Opportunity Zones publication possible.

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EXECUTIVE COMMITTEE Raj Aggarwal Timothy Duggan Lindsey Parker Board Chairman, Think Local First Senior Vice President and Commercial Acting Chief Technology Officer, Brian Kenner / Co-Chair Joseph Askew Regional Group Manager, OCTO Deputy Mayor, Vice President, Government Relations, TD Bank William Rich Office of Planning and Verizon Daniel Duke President, Delta Associates Economic Development Kristina Bouweiri Prinicipal Mid-Atlantic Region, Jennifer Rudy Richard Lake / Co-Chair President & CEO, Reston Limo Bohler Engineering Director, U.S. Office of Civic Innovation, Managing Principal, Steven Boyle Josh Etter Microsoft Roadside Development Managing Director, Director, Development, Chase W. Rynd Foulger Pratt Omar McIntosh / Vice Chair EDENS Executive Director, Senior Vice President, Jean-Luc Brami Angie Gates National Building Museum Smoot Construction Vice President, Gelberg Signs Director, OCTFME Tara Scanlon Stan Jackson Partner, Holland & Knight Jennifer Eugene / Secretary Kenneth Brewer President & CEO, AEDC Manager, Engineered Sales Executive Director, H Street CDC Annie Senatore Washington Gas Stacy Burnette Norman Jemal CEO and Lead Event Designer, Sr. Director Gov't & Regulatory Affairs, Vice President, Design Foundry Timothy F. Veith / Treasurer Beltway Region, Douglas Development President, Olivia Shay-Byrne Comcast Partner, K&L Gates United Bank Caroline Kenney Ernest Chrappah Managing Director of Stephen Taylor Keith Sellars / President Director, DCRA Public/Private Development, Commissioner, DISB President & CEO, Urban Atlantic Washington DC Economic Partnership Brunson Cooper Joseph Torraca Corenic Construction Group, Jay Klug Vice President of Business Development, Karima Woods / Corenic Construction Executive Vice President, JBG Smith RCN DMPED Representative Donna Cooper Susan Lacz Andrew Trueblood Director of Business Region President, Pepco Principal & CEO, Ridgewells Catering Interim Director, DC Office of Planning Development & Strategy, Lisa Mallory Office of the Deputy Mayor for Anita Butani D’Souza Mitch Weintraub CEO, DCBIA Planning and Economic Development Division Head, HGRM Corporation Partner, Cordia Partners Colette Dafoe Gregory O'Dell Kristi Whitfield Office Managing Partner, President and CEO, Events DC Director, DSLBD Nixon Peabody WASHINGTON, DC EMERGING CORRIDORS + OPPORTUNITY ZONES

The District of Columbia’s residential EMPLOYMENT GROWTH 6 population is now more than 702,0001, a 16% 3.0% increase since 2010, and projected to reach 2.5 2 2.0% approximately 990,000 by 2045. Contributing 1.5 to this growth has been the construction of 1.0% 0.5 more than 40,500 new residential units (87% 0.0% 3 -0.5 rental) from 2010–2018. Overall development -1.0% during this time period has resulted in more -1.5 -2.0% 4 than 87 million square feet of new development , -2.5 which is equivalent to the entire office 2012 2013 2014 2015 2016 2017 2018 5 DC TOTAL PRIVATE DC TOTAL GOVERNMENT inventory of the Nashville metropolitan area. DC TOTAL DC METRO TOTAL U.S. TOTAL

POPULATION GROWTH Growing demand for housing and employment 2.5% has caused new development and business

2.0% growth to expand further into DC’s northeast and southeast neighborhoods. With many 1.5% of these emerging areas and commercial corridors now designated as Opportunity 1.0% Zones, there will be additional investment and capital available to local businesses and 0.5% new opportunities for investment in DC. 0.0% 2011 2012 2013 2014 2015 2016 2017 OPPORTUNITY ZONES DC DC METRO U.S.

Source: Census Opportunity Zones (OZ) are a new federal The private sector is driving much of DC’s program that was added to the Tax Cuts job growth with a 19.1% increase in average and Jobs Act in December 2017 to spur long annual employment in the private sector from term private sector investments in low- 2010 to 2018 compared to 13.6% for the metro income communities throughout the U.S. The area and 17.4% for the U.S.6 In 2018, DC’s program hopes to bring neighborhood-serving annual average employment was 792,200, a retail, jobs, and affordable and workforce 1.0% increase from 2017, however the private housing to underserved communities. sector added approximately 9,700 jobs whereas the public sector lost 2,000 jobs.

1. U.S. Census (population as of July 1, 2018); 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. CoStar (Q4 2018 National Office Market Report); 6. Bureau of Labor Statistics, not seasonally adjusted (accessed on 3/16/19)

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 EDITION 1 OPPORTUNITY ZONES

The program provides tax incentives for ABOUT EMERGING CORRIDORS + investments in new businesses and commercial OPPORTUNITY ZONES projects in designated Census Tracts. Investors can defer tax on capital gains invested in a The Washington DC Economic Qualified Opportunity Fund (QOF), which must Partnership (WDCEP) first published invest in real estate or a business entity in an the Emerging Corridors publication in Opportunity Zone. Other benefits include 10% 2016 as part of its efforts to highlight and 15% increases in basis at the five- and seven- potential investment & new business year marks, respectively, and no taxes on the QOF opportunities along DC’s commercial gains if investments are held at least 10 years. corridors in underserved markets. This year’s publication includes the commercial The 25 Opportunity Zones located in DC areas of DC’s Opportunity Zones. occupy approximately 18.4% of DC’s 68.3 square miles and contain 13.4% of the total This publication provides an overview of population.7 Between 2010 and 2018, total each corridor, a detailed assessment of population within Opportunity Zones in DC potential sites for developers and business has increased by 11.3% and more than half of all owners, and current investment in the future projects in DC are located in or within area. The list of sites is not meant to be a 10-minute walk of an Opportunity Zone.8 comprehensive but rather a reference for key opportunities. Please note that For detailed information on select major these potential sites were identified by development projects in Opportunity WDCEP using public data sources and Zones, please go to page 6. may not be available for lease or purchase (land owners were not contacted). More information on DC’s Opportunity Zones can be found by visiting oppzones.dc.gov. Although every attempt was made to ensure the quality of the information contained in this document, WDCEP DISTRICT OF COLUMBIA makes no warranty or guarantee as to its REAL ESTATE + BUSINESS RESOURCES accuracy, completeness, or usefulness By pairing the Opportunity Zone incentive for any given purpose. All highlighted with other complementary DC real estate and sites are estimates and may not business resources (described on the following reflect the actual property boundaries. pages), the District hopes to assist investment Ownership & land info was extracted from that supports the following priorities: opendata.dc.gov in December 2018. • Produce new amenities and community serving retail such as fresh food grocery To search for available space in DC or potential investment projects in Opportunity • Produce more affordable housing Zones please visit search.wdcep.com. • Improve access to capital and growth opportunities for local DC businesses For more information please contact • Provide jobs and training opportunities Derek Ford, SVP of Emerging to DC residents Neighborhoods ([email protected]) or Chad Shuskey, SVP of Research & Real Estate ([email protected]).

7. Esri estimates; 8. Washington DC Economic Partnership

with a poverty rate of 20% or greater, or where median family income is less than or equal to 80% AMI. A DC BUSINESS INCENTIVE NAVIGATOR Community Development Entity (CDE) is a local Incentives.dc.gov is a comprehensive, financial organization accredited by the Community searchable database of incentives and Development Financial Institution (CDFI Fund) other funding-related programs provided that applies for credits through the CDFI Fund. The by DC government agencies. This CDE then distributes funds to qualifying projects. publication contains select examples. HUBZONES sba.gov DC PACE The Historically Under-Utilized Business Zones dcpace.com (HUBZones) Program is a federal program administered by the U.S. Small Business Administration Implemented by the Department of Energy and (SBA). Qualified small businesses located in designated Environment (DOEE), DC PACE provides long-term HUBZones are eligible to compete for the program’s funding for building upgrades that reduce utility bills and set-aside contracts and get 10% price evaluation operating expenses. More than $34 million have been preference in full and open contract competitions. financed with the DC PACE program across 16 projects.

GREEN & SUSTAINABLE ENERGY HOUSING PRODUCTION dcseu.com | doee.dc.gov/riversmart TRUST FUND dchd.dc.gov DC Sustainable Energy Utility (DCSEU) provides rebates to homes and businesses for expenses used in The Housing Production Trust Fund (HPTF) is a retrofits or for energy-efficient appliances. RiverSmart special revenue fund that provides gap financing for Rewards provides property owners up to 55% off the projects that are affordable to low and moderate- DOEE Stormwater Fee through the installation of income households. At least 50% of the funds disbursed green infrastructure to reduce stormwater runoff. are dedicated toward providing rental housing.

NEIGHBORHOOD PROSPERITY ON-THE-JOB TRAINING FUND (NPF) does.dc.gov dmped.dc.gov The Department of Employment Services (DOES) matches job-ready candidates to employers The Neighborhood Prosperity Fund provides funding willing to provide skills-based, on-the-job training. for non-residential components of mixed-use projects DOES provides wage reimbursement from 50% in areas where unemployment is 10% or greater. to 75% of the candidate’s salary from one to six Up to $3 million in grants were available in 2018. months, and in some cases up to one year.

GREAT STREETS SMALL RETAILER PROPERTY TAX SMALL BUSINESS GRANT RELIEF CREDIT greatstreets.dc.gov otr.cfo.dc.gov These grants provide up to $50,000 to small Through the Small Retailer Property Tax Relief businesses located in Great Streets Corridors to Amendment Act of 2018, the District can provide cover capital improvements and certain soft costs. up to $5,000 in tax relief credit to qualifying small businesses. This tax credit can be applied NEW MARKET TAX CREDITS to taxable years beginning after December 31, cdfifund.gov 2017. To be eligible, businesses must be making The New Markets Tax Credit Program (NMTC) is a sales at a retail location and grossing less than federal credit that incentivizes investment in areas $2.5 million in revenue in a taxable year.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 EDITION 3 WDCEP REAL ESTATE SERVICES

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PUBLIC-PRIVATE HOUSING one or more of the following benefits for up to 10 years: Real property tax exemption; Business PRESERVATION FUND license fee exemption; Personal property tax dhcd.dc.gov exemption; Sales and use tax exemption on Local and private funds totaling $80 million building materials necessary for construction. will be used to invest in occupied multi-family properties of over five units, in which at least half TAX EXEMPT BOND FINANCING of the units are affordable to households earning dmped.dc.gov up to 80% of area median income (AMI). The Industrial Revenue Bond program (IRB) provides access to tax-exempt financing to help businesses STOREFRONT FAÇADE and non-profit organizations renovate and build IMPROVEMENTS new construction, make tenant improvements, and dhcd.dc.gov purchase capital by securing interest rates up to The Department of Housing and Community 4% lower than a traditional commercial loan. Development (DHCD) provides funding to community-based non-profit organizations to OTHER RESOURCES develop storefront façade improvement projects in • DC Real Estate Search low/moderate income commercial areas in DC. search.wdcep.com • DC Development Report SUPERMARKET TAX INCENTIVES wdcep.co/dcdr2018 dmped.dc.gov • DC Neighborhood Profiles Through the Supermarket Tax Exemption Act of wdcep.co/neighborhoods 2000, the District waives certain taxes and fees to supermarkets that locate in specific neighborhoods. • DC Doing Business Guide Qualifying supermarkets may be eligible to receive wdcep.co/business

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EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 EDITION 5 OPPORTUNITY ZONES Conceptual rendering courtesy of Cedar Realty Trust Image courtesy of MRP Realty

RHODE ISLAND AVENUE, NE MINNESOTA + BENNING

BRYANT STREET EAST RIVER PARK

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: Pipeline STATUS: Pipeline LEED: Gold TARGETED DELIVERY: 2020–2031 SPECS: Plans for the redevelopment of the East River Park Shopping Center call for about 280 residential units, 120,000 SF of retail space (with a potential 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 275,000 SF of retail/entertainment space. Phase I will consist of three buildings (closest to the Metrorail tracks) totaling 490 residential units, 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 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: Pipeline EST. VALUE: $27 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 call for 28,500 SF of office space, anchored by mixed-use development, 20 acres of open space, and over 2,200 residential Enlightened Inc.’s new office headquarters and a tech incubator, and 10,000 units, including affordable housing. The Brooks and The Vale (Parcel V/U), SF of retail space. Expected retail tenants include a fresh food market, a located at the corner of Georgia Avenue and Aspen Street, will be the first coffee concept, a full-service restaurant, and a local bank. market-rate mixed-use building to deliver on the site (expected 2020/21 delivery) and will consist of 389 residential units (rental & condo) and 18,000 SF of retail.

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: 7503 CENSUS TRACT: 9102 DEVELOPER(S): Four Points / Curtis Development DEVELOPER(S): MidCity STATUS: Pipeline STATUS: Pipline EST. VALUE: $540 million LEED: Gold TARGETED DELIVERY: 2021–2025+ 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 181,000 SF of retail space completed in 2014 and consists of a new 82,000 SF office building that is and 1,429 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 plans to be supported agencies. The next phase calls for a 281,000 SF office building, a 135-room by a proposed $47 million TIF. hotel, and a 133-unit residential building. The project plans to be supported by a proposed $60.8 million TIF. 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: Under Construction & Pipeline STATUS: various EST. VALUE: $2 billion TARGETED DELIVERY: 2020–2023 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 up to 320,000 SF of retail space, 450–500 residential units and SF of office space, 1,300 residential units, 236,000 SF of retail space, 500 1,700 parking spaces. Phase I (Block 2) will include 263 apartments above hotel rooms, a new hospital (100–125 beds), and 250,000 SF of civic and approximately 117,000 gross SF of retail space (84,000 net rentable SF), educational uses. The DC government is also investing $100 million in anchored by a CVS. Phase I is supported by a $18.75 million TIF and will infrastructure work (roads, utilities, sewers) through 2021. The 4,200-seat deliver in Q3 2020. 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. As part of Phase I, six historic buildings are currently being transformed into 252 mixed-income apartments. The 4.2-acre Parcel 15 will be redeveloped into a town square with 288 residential units, a hotel, a 200,000 SF office building and up to 50,000 SF of retail space. EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 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 Cemetery Fort 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: 10,139 MEDIAN HOME VALUE: $420,909 HOUSEHOLDS: 4,169 MEDIAN AGE: 37.5 AVERAGE HOUSEHOLD INCOME: $68,105

MAJOR INVESTMENTS MAJOR EMPLOYERS

• Good Hope Marketplace is a 98,000 SF shopping center • Safeway anchored by a 56,000 SF Safeway grocery store. Tenants • Washington Nursing Facility include Capital One Bank, Cricket Wireless, Shoe City, and Subway. • Children’s Hospital Health Center A. Skyland Town Center: An 18.5-acre mixed-use project • CVS that could include up to 320,000 SF of retail and 500 residential units. Phase I is currently under construction POTENTIAL PROGRAMS (select) and will deliver roads and infrastructure in addition to 263 apartments and over 117,000 gross SF of retail, anchored • Great Streets Small Business Grant by a CVS. • HUB Zone • Neighborhood Prosperity Fund (NPF) • Opportunity Zones • Supermarket Tax Incentives

Note: Demographics provided by Esri, 2018 estimates. All demographics are within 0.5 miles of Good Hope Road & Alabama Avenue, SE. Aerial photographer was flown in March of 2017 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 2014 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 $297,970 RA-1 2 2501 Good Hope Rd SE Cookie & Zion Avissar 14,963 0.34 $1,586,100 MU-7 (c/o Avis R Company Inc) 3 2503–2509 Good Hope Rd SE First Fsk LP (Delbe Real Estate) 14,342 0.33 $1,811,760 MU-7 4 2845 Alabama Ave SE Good Hope Marketplace LLC 351,229 8.06 $20,700,000 MU-7 5 2419 25th St SE Wagner LLC 19,601 0.45 $441,020 R-3 6 2300 block of Ainger Pl SE DC Government 43,566 1.00 $1,306,980 RA-1 7 2300 block of Ainger Pl SE Beechwood Ainger Place LLC 58,088 1.33 $1,234,460 RA-1 8 2340 Ainger Pl SE TMT Services LLC 29,044 0.67 $382,920 RA-1 9 2765 Naylor Rd SE (rear) TRS of Allen Chapel AME Church 55,515 1.27 $1,350,120 RA-1 10 2500 block of Alabama Ave SE Allen Chapel AME Church & Trustees 13,965 0.32 $172,150 RA-1 11 2495–2497 Alabama Ave SE Alabama Avenue LLC 18,843 0.43 $639,460 RA-1 12 2480–2490 blk of Alabama Ave SE Way of the Cross Church of Christ Inc. 42,633 0.98 $956,010 RA-1 13 2419 Ainger Pl SE Emanuel Baptist Church 27,020 0.62 $231,760 RA-1 a. Skyland Town Center: Rappaport & WC Smith and leading the development of 18.5-acre Skyland Town Center. The new mixed- use project has received zoning approval for up to 320,000 SF of retail space and 450–500 residential units. b. Skyland Town Center (Ph I - Block 2): Phase I will deliver roads and infrastructure in addition to 263 apartments and over 117,000 gross SF of retail, anchored by a CVS. 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 • 2019 EDITION 11 ANACOSTIA

OPPORTUNITY ZONE

POPULATION: 11,371 ▲ 13% INCREASE SINCE 2010 MEDIAN HOME VALUE: $285,381

AVERAGE HOUSEHOLD INCOME: $54,354 MEDIAN AGE: 32.8

MAJOR INVESTMENTS MAJOR EMPLOYERS

• Busboys & Poets opened a restaurant & training facility • Department of Housing and in March 2019 Community Development A. Columbian Quarter: Redbrick LMD plans to build a 2.4 • Family & Medical Counseling Service million SF mixed-use project with 1.6 million SF of office, • Department of For-Hire Vehicles 692 residential units and 52,000 SF of retail space. • DC Office of Lottery & Charitable Games B. Reunion Square: Four Points & Curtis Development will build a 1.6 million SF mixed-use project on a 9.5- • Anacostia Arts Center acre site. The next phase calls for a 281,000 SF office building, a 135-room hotel, and a 133-unit residential POTENTIAL PROGRAMS (select) building. Phase I (2235 Shannon Place) is a new 82,000 SF office building that was completed in 2014 • Great Streets Small Business Grant and is home to the DC Taxicab Commission & DC Lottery, amongst other DC government agencies. • HUB Zone C. Barry Farm: The DC government’s New Communities • Neighborhood Prosperity Fund (NPF) Initiative envisions the 25-acre public housing site • Opportunity Zones to be redeveloped into a vibrant mixed-use, mixed- • Supermarket Tax Incentives income neighborhood with 1,100 housing units and 55,000 SF of retail, along with a central park.

Note: Demographics provided by Esri, 2018 estimates. All demographics are within 0.5 miles of 14th & Cedar Streets, SE. Aerial photographer was flown in March of 2017 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 2014 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 1004–1018 Howard Rd SE Dept. of Housing & 27,024 0.62 RA-1 Community Development 2 2442–2458 Martin L. King Jr. Ave SE Bethlehem Baptist Church 137,931 3.17 $5,751,420 MU-4/RF-1 3 1101–1103 Howard Rd SE WMATA 138,359 3.18 $6,406,360 MU-14 4 2000 blk of Martin L. King Jr. Ave SE National Bank of Washington 13,936 0.32 $423,670 MU-7 5 1110 U St SE Jemals 1110 U Street NE LLC 14,370 0.33 $803,352 PDR-1 6 1234 Good Hope Rd SE DC Government 110,000 2.53 $3,628,120 MU-7 7 1300 Good Hope Rd SE Kids Konnection 9,447 0.22 $1,477,260 MU-4 8 1918 14th St SE Good Home Investments LLC 37,440 0.86 $2,790,230 MU-4 9 1603 Good Hope Rd SE Hope Sound Corporation 10,248 0.24 $557,700 MU-4 10 1708–1710 Good Hope Rd SE Christopher Murphy 51,673 1.19 $4,255,570 MU-4 11 1736 Good Hope Rd SE John Shin Trustees 19,477 0.45 $1,152,120 MU-4 a. MLK Gateway (1909–1915 Martin L. King Jr. Ave., SE & 1205–1215 Good Hope Rd., SE): The Menkiti Group plans to build 28,500 SF of office space and 22,000 SF of retail space. b. 2004–2010 Martin L. King Jr Ave (2004–2010 Martin L. King Jr Ave., SE): The new 20,000 SF headquarters for Far Southeast Family Strengthening Collaborative (FSFSC) will include a Busboys & Poets restaurant & training facility. c. Maple View Flats (2228–2252 Martin L. King Jr. Ave., SE): Chapman Development is building 114 affordable rental units and 15,000 SF of retail space with delivery scheduled for Q1 2019.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 EDITION 13 BENNING ROAD + MARYLAND AVENUE, NE

OPPORTUNITY ZONE

POPULATION: 18,825 ▲ 12% INCREASE SINCE 2010 MEDIAN HOME VALUE: $513,706

HOUSEHOLDS: 8,289 MEDIAN AGE: 38.4

AVERAGE HOUSEHOLD INCOME: $89,429

MAJOR INVESTMENTS MAJOR EMPLOYERS

• In the past three years (2016–2018) more than 970 new • CVS residential units were built within one block of H Street, NE • Miner Elementary School (Union Station to Hechinger Mall). There are another 440 units under construction. • Ross Dress for Less • 244 affordable residential units are currently under • Safeway construction in the area. POTENTIAL PROGRAMS (select)

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

Note: Demographics provided by Esri, 2018 estimates. All demographics are within 0.5 miles of Benning Road & Maryland Ave, NE. Aerial photographer was flown in March of 2017 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 2014 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 1111 Bladensburg Rd NE Wondwoseng Ketema 11,539 0.26 $844,550 MU-4 2 1023 Bladensburg Rd NE 1021 Bladensburg Road BL LLC 10,260 0.24 $561,962 MU-4

3 1001 Bladensburg Rd NE Jason K Han & Young S Han 15,045 0.35 $858,490 MU-4

4 1024–1036 Bladensburg Rd NE 57th Street Mews Inc 10,944 0.25 $396,170 MU-4

5 920 Bladensburg Rd NE 1933 Montana Ave LLC 29,504 0.68 $6,526,950 MU-4

6 900 Bladensburg Rd NE Cheung Ming Properties Inc (c/o 10,517 0.24 $892,260 MU-4 Falston Properties) 7 824–840 Bladensburg Rd NE Wen Wen LLC (c/o Falston Properties) 20,004 0.46 $1,579,290 MU-4

8 814 Bladensburg Rd NE Kase Properties LLC 12,517 0.29 $629,220 MU-4

9 1501 Maryland Ave NE / Maryland Crossing Realty LLC 373,627 8.58 $23,346,970 MU-7 1518 Benning Rd NE (Ashkenazy Acquisition Corp.) 10 725 19th St NE Friendship Publc Charter School 14,250 0.33 $4,608,220 MU-4

11 2301 & 2305 Benning Rd NE J Power Inc (c/o Falston Properties) 20,750 0.48 $2,526,560 MU-4

12 2501 Benning Rd NE 1505 Eastern Ave LLC 13,272 0.30 $1,580,720 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. 1600 Maryland Ave., NE: Kettler and Westbrook Partners purchased the vacant site and adjacent apartment building in 2016. A previous plan called for 170+ residential units. 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: Capital City Real Estate plans to build up to 190 residential units and 14,300 SF of retail space.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 EDITION 15 CAPITOL RIVERFRONT / BUZZARD POINT

OPPORTUNITY ZONE

POPULATION: 15,843 ▲ 55% INCREASE SINCE 2010 MEDIAN HOME VALUE: $405,412

HOUSEHOLDS: $54,354 MEDIAN AGE: 35.6

AVERAGE HOUSEHOLD INCOME: $101,515

MAJOR INVESTMENTS MAJOR EMPLOYERS

A. The Wharf: The 2M SF Phase I was completed in Q4 • Alion Science & Technology 2017 and delivered 500,000 SF of office, 190,000 SF • Booz Allen Hamilton of retail, 870 residential units, 690 hotel rooms, and 140,000 SF of cultural and entertainment space. Phase II • DC Department of Transportation construction started in Q1 2019 and will deliver 547,500 • U.S. Department of Transportation SF of office, 120,000 SF of retail, 345 residential units, and 116 hotel rooms. • U.S. Federal Highway Administration B. 100 V Street: Akridge has plans for 2.4M SF of mixed-use development across 7 acres located south of the new POTENTIAL PROGRAMS (select) D.C. United stadium. Initial plans call for 250,000 SF of office, 70,000 SF of retail, 1.4M SF of residential space, • HUB Zone and 200 hotel rooms. • Neighborhood Prosperity Fund (NPF) C. The Yards: The Yards is a multi-phased, 4M SF mixed-used • Opportunity Zones project led by Brookfield (formerly Forest City Washington). • Supermarket Tax Incentives One million SF have already delivered between 2010 and 2017 including 188,000 SF of retail, 715 residential units, 24,500 SF of office, and a 5.4-acre waterfront park. An additional 724 residential units, 62,400 SF of retail, and 225 hotel rooms are currently under construction. Plans for future phases of The Yards include 1.5M SF of office, 2,150 residential units, 201,000 SF of retail, and a movie theater.

Note: Demographics provided by Esri, 2018 estimates. All demographics are within 0.5 miles of M and South Capitol Streets, SW. Aerial photographer was flown in March of 2017 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 2014 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 113 Potomac Ave SW Pedas Childrens Irrevocable 64,789 1.49 $15,973,310 CG-4 Trust (c/o Circle Mgmt Co.) 2 Half Street & Potomac Ave SW Steuart Investment Company 29,401 0.67 $7,204,250 CG-4

3 1601 & 1605 South Capitol St SW DC Government 40,740 0.94 $11,254,010 CG-4 4 1620 South Capitol St SE Douglas Development 165,928 3.81 $49,956,340 CG-5 5 1724 South Capitol St SE Steuart Investment Company 42,208 0.97 $15,861,250 CG-5 6 1721 South Capitol St SW & Steuart Investment Company 126,164 2.90 $31,558,850 CG-4 1700 Half St SW 7 2 S St SW Florida Rock Properties 91,789 2.11 $23,865,140 CG-5 (c/o FRP Development Corp.) 8 1930 1st St SW Pepco 397,654 9.13 $97,445,910 CG-4 / CG-5 a. The Wharf: Phase II of the $2 billion, 3.16 million SF project is scheduled to be complete 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 July 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 & C (1st, Half & R Streets, SW): Parcel B (1.6 acres) and Parcel C (10,000 SF) could 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, Redbrick, Jefferson Apartment Group, Orr Partners, and Western Development are transforming the former U.S. Coast Guard HQ building into 485 residential units and up to 70,400 SF of retail space. The project is expected to deliver in 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 2020. PTM Partners, an opportunity zone fund management company, invested in the project in early 2019. 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 2021.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 EDITION 17 DEANWOOD

OPPORTUNITY ZONE

POPULATION: 9,513 ▲ 9% INCREASE SINCE 2010 MEDIAN HOME VALUE: $241,737

AVERAGE HOUSEHOLD INCOME: $47,358 MEDIAN AGE: 38.8

MAJOR INVESTMENTS MAJOR EMPLOYERS

• The Residences at Hayes delivered 150 residential units • Grant Park Care in Q3 2018 • DC Metropolitan Police Department • The 1.6-acre, 194-space Park & Ride surface lot at the • HD Woodson Senior High School Deanwood Metrorail station is being considered for redevelopment by WMATA • Republic National Distributing Company A. Kenilworth Courts Redevelopment: The Warrenton Group, Michaels Development Company, and the DC POTENTIAL PROGRAMS (select) Housing Authority will redevelop a 26-building, 14-acre public housing complex. Plans include 530 residential • Great Streets Small Business Grant units and 4,500 SF of retail space. • HUB Zone B. Lincoln Heights & Richardson Dwellings: As part of the • Neighborhood Prosperity Fund (NPF) DC government’s New Communities Initiative, the Lincoln Heights and Richardson Dwellings neighborhoods will • Opportunity Zones become mixed-income communities featuring 1,220 • Supermarket Tax Incentives residential units, 43,000 SF of office, 21,200 SF of retail, and a primary health care facility. C. Capitol Gateway Marketplace: Potential redevelopment plans by A&R Development and the DC Housing Authority call for 312 residential units and 162,000 SF of retail with an opportunity for a 135,000 SF large-format retailer and a restaurant pad on the 10+ acre site.

Note: Demographics provided by Esri, 2018 estimates. All demographics are within 0.5 miles of Nannie Helen Burroughs & Division Avenues, NE. Aerial photographer was flown in March of 2017 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 2014 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 $127,500 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 $205,320 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 $133,140 MU-3

7 1000 block 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 $423,660 MU-3

9 4700 block of Sheriff Rd NE House God Holy Church 5,673 0.13 $170,190 MU-3

10 4700 block of Sheriff Rd NE Rupsha 2011 LLC 4,100 0.09 $123,000 MU-3

11 4722 Sheriff Rd NE Beverly A Ball 2,524 0.06 $46,400 MU-3

12 4726 Sheriff Rd NE 4726 Sheriff Rd NE WDC 20019 LLC 10,238 0.24 $314,820 MU-3

13 4732 Sheriff Rd NE Elias Brown 6,020 0.14 $180,600 MU-3

14 4700 block of Sheriff Rd NE Rupsha 2011 LLC 2,528 0.06 $75,840 MU-3

15 1002–1006 50th Pl NE & Sheriff Mews LLC 18,947 0.43 $573,060 R-2 4922–4926 Sheriff Rd NE

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 EDITION 19 DEANWOOD TOWN CENTER

MAJOR DEVELOPMENT Completed since 2014 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 5110 Nannie Helen Burroughs Holy Christian Missionary 68,191 1.57 $5,590,170 MU-3 Baptist Church 2 5140 Nannie Helen Burroughs City First Real Estate LLC 9,555 0.22 $3,162,850 MU-3

3 710 Division Ave NE Vincent Claytor 8,706 0.20 $231,800 MU-3

4 712 Division Ave NE Tabernacle Baptist 37,323 0.86 $2,463,320 MU-3 Church 5 5207 Nannie Helen Burroughs PMG New Jersey LLC 13,939 0.32 $487,690 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 will build 86 affordable residential units and 2,600 SF of commercial space. The historic Strand Theatre will be renovated as part of the project and be home to commercial uses. c. Providence Place (50th & Fitch St., NE): Progressive National Baptist Convention CDC will develop the site into a four-story, 93-unit affordable housing development.

MAJOR DEVELOPMENT Completed since 2014 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 5700 block of East Capitol St NE DC Housing Authority 61,817 1.42 PUD (C2-A, R5-A)

2 5800-5900 block of DC Housing Authority 461,814 10.60 $14,433,530 PUD (C2-A, R5-A) East Capitol St NE 3 5800 block of DC Housing Authority 37,055 0.85 $1,275,450 RA-1 East Capitol St NE (c/o A&R/THC LLC) 4 5900 block of DC Housing Authority 55,572 1.28 $310,090 PUD (R5-A) East Capitol St SE 5 5929 East Capitol St SE DC Housing Authority 124,606 2.86 $4,984,240 RA-2

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 EDITION 21 GEORGIA AVENUE + HOWARD U.

OPPORTUNITY ZONE UNIVERSITY CAMPUS

POPULATION: 17,610 ▲ 20% INCREASE SINCE 2010 MEDIAN HOME VALUE: $665,162 HOUSEHOLDS: 7,078 MEDIAN AGE: 30.8 AVERAGE HOUSEHOLD INCOME: $112,080

MAJOR INVESTMENTS MAJOR EMPLOYERS

• Whole Foods will anchor a 10-story, 433-unit apartment • Howard University Hospital building with an expected 2020 delivery at 965 Florida • Howard University College of Medicine Avenue, NW • Sodexo • The adjacent 14th & U Street neighborhood has seen 2,110+ residential units and 156,600 SF of new retail • Carlos Rosario International Career Center development since 2010 • 9:30 Club A. McMillan Sand Filtration Site: Jair Lynch, Trammell Crow, • Cardozo High School and EYA will redevelop the 24-acre site into 2.1 million SF of mixed-use development that includes 660 residential units, 80,000 SF of retail, a 17,500 SF community center, POTENTIAL PROGRAMS (select) and a 1 million SF healthcare space. • Great Streets Small Business Grant B. Armed Forces Retirement Home: A proposed master plan calls for The Armed Forces Retirement Home (AFRH) • HUB Zone to lease about 77 acres located in the southeastern • Neighborhood Prosperity Fund (NPF) portion of its 272-acre campus to private developers. At • Opportunity Zones full build-out, the plan calls for up to 4.4 million SF of new mixed-use development. • Supermarket Tax Incentives Note: Demographics provided by Esri, 2018 estimates. All demographics are within 0.5 miles of Georgia Avenue & Howard Place, NW. Aerial photographer was flown in March of 2017 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 2014 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 2041 Georgia Ave NW Howard University (land only) 667,939 15.33 $387,930,830 PDR-3/ RA-3 2 651 Florida Ave NW Jemal's 651 Florida LLC 5,119 0.12 $2,947,590 PDR-3

3 623 Florida Ave NW TRS of Florida Ave Bapt Church 15,018 0.34 $3,797,230 MU-4/RF-1

4 301 Rhode Island Ave NW United Planning Organization 72,894 1.67 $17,011,890 MU-4

5 1844 3rd St NW Columbia Lodge #85 of IBPO 8,315 0.19 $1,435,760 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 a 433-unit apartment building with a 45,000 SF Whole Foods (Q4 2020 estimated delivery). c. Atlantic Plumbing - C (901 Florida Ave., NW): The third phase of JBG Smith’s Atlantic Plumbing site will be a 10-story, 256-unit residential building delivering in Q4 2019. d. 2112 & 2145 Georgia Ave., NW: Howard University selected Edens, Fivesquares Development and the Menkiti Group as the preferred development group for the 2.2-acre site in April 2019. Potential plans call for a 600,000 SF mixed-use project with multifamily, hotel, restaurant & retail uses, and a marketplace and public park. 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 • 2019 EDITION 23 GEORGIA AVENUE + WALTER REED

MAJOR DEVELOPMENT OPPORTUNITY ZONE Completed since 2014 Under Construction Pipeline

POPULATION: 6,780 ▲ 12% INCREASE SINCE 2010 MEDIAN HOME VALUE: $634,385 HOUSEHOLDS: 2,945 MEDIAN AGE: 41.3 AVERAGE HOUSEHOLD INCOME: $126,765

Note: Demographics provided by Esri, 2018 estimates. All demographics are within 0.5 miles of Georgia Avenue & Hemlock Street, NW. Aerial photographer was flown in March of 2017 (source: opendata.dc.gov).

MAJOR INVESTMENTS MAJOR EMPLOYERS

• 3.7 million SF of development in the pipeline • ACECO • Target is expected to open a store in 2019 at Georgia & • DC International School & Latin American Eastern 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 $2,729,110 MU-4

2 7530 Georgia Ave NW 7530 Georgia Ave NW 18,847 0.43 $2,139,280 MU-4 Partners LLC 3 7425 Georgia Ave NW Capital Building Inc 32,679 0.75 $3,168,990 MU-4/R-2

4 7401 Georgia Ave NW Anacostia Realty LLC 20,301 0.47 $2,550,710 MU-4/R-2

5 6711 Georgia Ave NW Keshav Enterprises INC 23,454 0.54 $3,163,220 RA-2

6 6500 Piney Branch Rd NW NAI Saturn Eastern LLC 134,658 3.09 $12,965,000 MU-4 (c/o New Albertson's Inc) a. Georgia Avenue Gateway Center (7709–7723 Georgia Ave., NW): Marcus Asset Group and Pecar Properties plan to redevelop the existing one-story, 12,000 SF shopping center (28,000 SF land area) into a 100+ unit residential building with 15,500 SF of retail space. 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. 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. d. 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 3.1 million SF of mixed-use development with 20 acres of open space, over 2,200+ residential units (including affordable housing), 170,000 SF of retail uses, a 200-room hotel & conference center, and 185,000 SF of office space. The Brooks and The Vale (Parcel V/U), located at the corner of Georgia Avenue and Aspen Street, will be the first market- rate mixed-use building to deliver on the site (expected 2020/21 delivery) and will consist of 389 residential units (rental & condo) and 18,000 SF of retail.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 EDITION 25 KENNEDY STREET

OPPORTUNITY ZONE

POPULATION: 15,033 ▲ 7.5% INCREASE SINCE 2010 MEDIAN HOME VALUE: $419,729 HOUSEHOLDS: 5,783 MEDIAN AGE: 39.5 AVERAGE HOUSEHOLD INCOME: $76,362

MAJOR INVESTMENTS MAJOR EMPLOYERS

• $10 million in streetscape and green infrastructure • ABA Home Health Care improvements completed in 2017 • Washington Latin Public Charter School • ANXO Cidery & Tasting Room, Lost Sock Roasters, Soup • Regional Contracting Service LLC Up, Three Fifty Bakery and The Library restaurant have opened along Kennedy Street in the last three years • Paul Junior High Public Charter School • Walmart

POTENTIAL PROGRAMS (select)

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

Note: Demographics provided by Esri, 2018 estimates. All demographics are within 0.5 miles of 4th & Kennedy Streets, NW. Aerial photographer was flown in March of 2017 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 2014 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 5429 Georgia Ave NW Georgia & Kennedy LLC 4,989 0.11 $843,140 MU-4

2 830 Kennedy St NW S&S Real Estate LLC 11,000 0.25 $2,272,560 MU-4

3 716 Kennedy St NW Belva Jenkins 20,294 0.47 $2,096,370 MU-4

4 608 Kennedy St NW 608 Keneedy St NW LLC 14,250 0.33 $1,007,180 MU-4

5 600 Kennedy St NW RN Horton Company 10,688 0.25 $1,920,670 MU-4

6 5425 5th St NW Lisa Kim 10,120 0.23 $1,055,520 MU-4

7 139 Kennedy St NW Phi Beta Sigma Fraternity 13,225 0.30 $1,998,340 MU-4

8 5420 New Hampshire Ave NW New Hampshire Ave LLC 15,689 0.36 $1,328,780 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. 809–813 Kennedy Street: Dantes Partners and Gilbane plan to redevelop a 10,638 SF DC Department of Housing & Community Development site into 38 residential units and 1,044 SF of retail space. c. 67–71 Kennedy & 5005 1st Streets: Coloma River Capital plan 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 with retail.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 EDITION 27 MINNESOTA + BENNING

OPPORTUNITY ZONE

POPULATION: 8,308 ▲ 11% INCREASE SINCE 2010 MEDIAN HOME VALUE: $245,802 HOUSEHOLDS: 3,666 MEDIAN AGE: 32.8 AVERAGE HOUSEHOLD INCOME: $54,595

MAJOR INVESTMENTS MAJOR EMPLOYERS

• 2.2 million SF of development in the pipeline • Safeway • 1,000+ residential units have been built since 2012 • DC Department of Employment Services A. Parkside Mixed-use Development: City Interests, • East of the River Family Strengthening Collaborative 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. • Pepco Several residential buildings have already been built. B. East River Park: Cedar Realty Trust plans to POTENTIAL PROGRAMS (select) redevelop the existing East River Park Shopping Center into 280 residential units, 33,000 SF • Great Streets Small Business Grant of office, and 120,000 SF of retail space. • HUB Zone • Neighborhood Prosperity Fund (NPF) • Opportunity Zones • Supermarket Tax Incentives

Note: Demographics provided by Esri, 2018 estimates. All demographics are within 0.5 miles of 40th & Clay Streets, NE. Aerial photographer was flown in March of 2017 (source: opendata.dc.gov).

MAJOR DEVELOPMENT MAJOR DEVELOPMENT Completed since 2014 Completed since 2014 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 $3,941,880 PDR-1 2 3952 Minnesota Ave NE Cedar-Senator Square LLC 261,477 6.00 $14,087,910 MU-7 3 3900 Benning Rd NE Shop E Incorp 12,607 0.29 $779,270 MU-7 4 4045 Minnesota Ave NE Jemal's Minnesota LP 19,758 0.45 $1,061,620 MU-7 5 4047–4063 Minnesota Ave NE MBN Ltd 26,109 0.60 $1,463,520 MU-7 6 3939 Benning Rd NE Marshall Heights CDO 26,921 0.62 $2,903,900 MU-7 7 100 42nd St NE DC Government 72,736 1.67 $2,837,230 R-2 8 4435 Benning Rd NE ZS Benning LLC 18,006 0.41 $579,270 MU-7 9 4443 Benning Rd NE 4443 Benning Rd LLC 15,431 0.35 $731,430 MU-7 10 4445 Benning Rd NE Raphael Ehilen 24,715 0.57 $1,552,530 MU-7 11 4501 Benning Rd NE Anacostia Realty LLC 19,372 0.44 $723,510 MU-7 12 4519 Benning Rd SE Power Fuel & Transport LLC 11,354 0.26 $459,530 MU-7 13 4518–4128 Benning Rd SE Benco Holdings LLC 41,504 0.95 $3,824,370 MU-7 a. The Solstice (3526–3552 East Capitol St., NE): MRP Realty is redeveloping the former Greenway Market into 146 affordable housing units, 2,000 SF of retail space, and underground parking. 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 • 2019 EDITION 29 PENNSYLVANIA AVENUE, SE

OPPORTUNITY ZONE

POPULATION: 5,037 MEDIAN HOME VALUE: $481,977 HOUSEHOLDS: 2,356 MEDIAN AGE: 47.9 AVERAGE HOUSEHOLD INCOME: $97,340

MAJOR INVESTMENTS MAJOR EMPLOYERS

• Phase I of the Shops at Penn Hill plans to open in Q1 2019 • Anne Beers Elementary • Fort Davis Center (3863 Alabama Ave. SE), a 44,000 SF • Randle Highlands Elementary mixed-use community center, sold for $13.5 million in 2018 • MBI Health Service A. Shops at Penn Hill: Jair Lynch Real Estate Partners is upgrading & redeveloping the existing Penn Branch POTENTIAL PROGRAMS (select) Shopping Center into a 200,000 SF mixed-use center. Phase I includes upgrading the existing 82,000 SF center • Great Streets Small Business Grant and will be anchored by Planet Fitness. Phase II will feature 100–150 residential units and up to 35,000 SF of • HUB Zone commercial space. • Neighborhood Prosperity Fund (NPF) B. Skyland Town Center: Rappaport, WC Smith, and the • Opportunity Zones Washington East Foundation are redeveloping the Skyland Shopping Center, which will result in up to • Supermarket Tax Incentives 320,000 SF of retail and 450–500 residential units. Phase I, currently under construction, includes 263 apartments and 117,000 SF of gross retail.

Note: Demographics provided by Esri, 2018 estimates. All demographics are within 0.5 miles of Pennsylvania & Branch Avenues, NE. Aerial photographer was flown in March of 2017 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 2014 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 3927–3959 Pennsylvania Ave PA Properties 43,856 1.01 $5,037,610 MU-4 (3829 Pennsylvania) 2 3825 Alabama Ave SE & Anacostia Realty LLC 29,209 0.67 $1,327,290 MU-4 3908 Pennsylvania Ave SE 3 3863 Alabama Ave SE Penn-Bama, LLC 37,724 0.87 $7,576,120 MU-4

4 3867–3871 Alabama Ave SE Alexandria Corporation 18,562 0.43 $1,802,330 RA-1

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 EDITION 31 PENNSYLVANIA + BRANCH AVENUES, SE

MAJOR DEVELOPMENT Completed since 2014 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 3000 Pennsylvania Ave SE Pennsylvania Ave 78,594 1.80 $4,705,000 R-1-B Baptist Church 2 Pennsylvania Ave SE Burka Brothers 17,220 0.40 $516,600 MU-3

3 3250 Pennsylvania Ave SE Leonard Burka 27,504 0.63 $1,123,950 MU-3

4 3201 Pennsylvania Ave SE GTY CPG VA DC 10,602 0.24 $826,410 MU-3 LEASING INC 5 3225–3233 Pennsylvania Ave SE Western Ave Holdings 15,122 0.35 $1,149,270 MU-3 LLC (c/o John C Formant Real Estate) 6 3235 Pennsylvania Ave SE Claudia W Jackson Rep 14,594 0.34 $755,610 MU-3

a. Shops at Penn Hill Ph I (3200 Pennsylvania Ave., SE): The existing 82,000 SF Penn Branch Shopping Center is undergoing a $15 million renovation by Jair Lynch Real Estate Partners with expected completion of late 2018/early 2019. The center is anchored by a 20,000 SF Planet Fitness (December 2018 opening). b. Shops at Penn Hill Ph II: Jair Lynch Real Estate Partners plans to build a new 100–150 unit residential building with 22,000– 35,000 SF of commercial space on the existing rear parking lot.

MAJOR DEVELOPMENT Completed since 2014 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 2300 Pennsylvania Ave SE Ghulam Corp 13,904 0.32 $1,002,012 MU-4

2 2324 Pennsylvania Ave SE Sang C Lim 8,085 0.19 $902,580 MU-4

3 2337 Pennsylvania Ave SE DC Goverment 1,550 0.04 $178,750 MU-4

4 2500 Pennsylvania Ave SE Penn Ave LLC 7,140 0.16 $615,010 MU-4

5 2510 Pennsylvania Ave SE 2510 Penn Ave Partners LLC 12,000 0.28 $725,480 MU-4

6 2501 Pennsylvania Ave SE Shell Oil Company 11,214 0.26 $755,000 MU-4

7 2521–2529 Pennsylvania Ave SE Maine Properties 24,398 0.56 $1,126,720 MU-4

8 2533 Pennsylvania Ave SE 2533 Pennsylvania Ave SE 12,657 0.29 $790,580 MU-4 GP (c/o Rahimi Investment) 9 2537 Pennsylvania Ave SE 2537 Pennsylvania Ave 9,349 0.21 $280,590 MU-4 Partnership LLC 10 2617 Pennsylvania Ave SE American Security & Trust Co 16,495 0.38 $1,344,670 MU-4 a. The Grays (2323 Pennsylvania Ave., SE): Chapman Development built a new 118-unit apartment building with 7,500 SF of retail space in 2010. b. 2525 Minnesota Ave., SE: Neighborhood Development Corporation will build 26 affordable condominiums on the 0.45-acre site. c. Boone Elementary School (2200 Minnesota Ave., SE): The former Benjamin Orr Elementary School was replaced with a new three-story, 68,000 sq. ft. Lawrence E. Boone Elementary School with a capacity of for 468 students.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 EDITION 33 RFK STADIUM CAMPUS

OPPORTUNITY ZONE

POPULATION: 17,081 ▲ 11% INCREASE SINCE 2010 MEDIAN HOME VALUE: $756,932 HOUSEHOLDS: 8,071 MEDIAN AGE: 38.0 AVERAGE HOUSEHOLD INCOME: $171,566

MAJOR INVESTMENTS MAJOR EMPLOYERS

• Phase I of the RFK Stadium redevelopment is currently • ASAP Services Corp under construction and will be transformed into three • Eastern High School artificial multi-purpose recreations fields. The layout can accommodate a youth soccer field, two baseball • USDA diamonds, two full soccer fields, and two lacrosse fields. Plans also include a picnic area, playground, and a 6,000 POTENTIAL PROGRAMS (select) SF pavilion. A. RFK Stadium Campus: The 190-acre RFK Stadium site • HUB Zone will 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, 2018 estimates. All demographics are within 0.5 miles of of 14th Street and East Capitol Street, NE. Aerial photographer was flown in March of 2017 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 2014 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 2000 block 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 $378,000 RA-2

4 429 18th St NE (rear) Briley Incorporated 6,079 0.14 $607,900 RF-1

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

6 1800 block of D St NE James B Briley Sr Trustee 4,947 0.11 $267,620 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): As part of the 190-acre RFK Stadium site reuse plan, the 27-acre Lot 7 will be transformed into three artificial multi-purpose recreational fields. The layout can accommodate a youth soccer field, two baseball diamonds, two full soccer fields and two lacrosse fields. b. RFK Stadium Campus: EventsDC is leading the master planning 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. A long- term development plan for the site could include a 20,000-seat arena or stadium or neither. c. Hill East Waterfront (formerly known as Reservation 13): The 67-acre site, owned by the DC government, could support approximately five million square feet 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. Reservation 13 Phase I (19th & Massachusetts Avenue, SE): Donatelli Development & Blue Skye are building 353 new apartment units and up to 25,000 SF of retail space in two buildings. Delivery is expected in 2020.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 EDITION 35 RHODE ISLAND AVENUE, NE

OPPORTUNITY ZONE

POPULATION: 11,251 ▲ 29% INCREASE SINCE 2010 MEDIAN HOME VALUE: $390,481 HOUSEHOLDS: 4,949 MEDIAN AGE: 37.3 AVERAGE HOUSEHOLD INCOME: $72,907

MAJOR INVESTMENTS MAJOR EMPLOYERS

• 16 million SF of development in the pipeline within one • Home Depot mile of the Rhode Island Avenue Metrorail Station • Columbia Woodworking Inc • 1,000+ residential units under construction within one • Forman Mills mile of the Rhode Island Avenue Metrorail Station • Old Town Trolley Tours • 4,000+ residential units have been built within one mile of the Rhode Island Avenue Metrorail Station • 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 223,000 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 a • Neighborhood Prosperity Fund (NPF) mixed-use, mixed-income neighborhood. Eight new city • Opportunity Zones 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 234-room hotel.

Note: Demographics provided by Esri, 2018 estimates. All demographics are within 0.5 miles of 4th & Bryant Streets, NE. Aerial photographer was flown in March of 2017 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 2014 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 $753,230 MU-7 2 413–415 Rhode Island Ave NE Fifth Street LLC 11,124 0.26 $1,452,820 MU-4 3 513 Rhode Island Ave NE DC Government 9,375 0.22 $1,769,530 PDR-2 4 519–533 Rhode Island Ave NE The Wilkes Co. 29,614 0.68 $2,347,280 PDR-2 5 1216 Saratoga Ave NE Isle Patmos Baptist Church 29,301 0.67 $6,631,900 RA-1 6 2711 13th St NE ASR Group & 1522 Rhode Island LLC 84,856 1.95 MU-4 7 1400 Montana Ave NE MCF 1400 Montana LLC 38,926 0.89 $1,207,760 MU-4/RA-1 8 1905 9th St NE Lyon's MANE LP 73,374 1.68 $5,328,970 PDR-4 9 1899 9th St NE BET & DC Government 92,552 2.12 $7,534,620 PDR-4 10 1900 W Pl NE BET & DC Government 85,625 1.97 $14,832,820 PDR-4 11 1301 W St NE BET & DC Government 132,175 3.03 $6,116,360 PDR-4 12 W St NE DC Government 75,286 1.73 $3,764,300 PDR-4 13 1235 W St NE BET 50,000 1.15 $4,346,520 PDR-4 14 1241, 1333, 1403 W St NE DC Government 586,773 13.47 $17,603,190 PDR-1 & 4 a. Barrow Milestone (2321 4th St., NE): H Street CDC built a five-story, mixed-use development with 116 affordable residential units and 5,000 SF of retail. b. Bryant Street (680 Rhode Island Ave., NE): MRP Realty & FRP Development have started site work for Phase I which will include 490 apartments and 72,000 SF of retail space, anchored by an Alamo Draft House cinema. c. Brookland Press (806 Channing Pl., NE): Douglas Development built 295 market-rate apartments and incorporated an existing industrial building on the site. 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 sq. ft. of retail space and 1,760 residential units (20% affordable units)

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 EDITION 37 SAINT ELIZABETHS

OPPORTUNITY ZONE

POPULATION: 6,245 ▲ 12% INCREASE SINCE 2010 MEDIAN HOME VALUE: $288,105 HOUSEHOLDS: 1,982 MEDIAN AGE: 31.2 AVERAGE HOUSEHOLD INCOME: $57,699

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, currently under construction, involves the construction • WCS Construction, LLC and renovation of historic buildings for the DHS HQ. • Giant Foods A. Saint Elizabeths East: The redevelopment vision for the 183-acre site calls for one million SF of office space, POTENTIAL PROGRAMS (SELECT) 1,300 residential units, 236,000 SF of retail space, 500 hotel rooms, a new hospital, and 250,000 SF of civic and • Great Streets Small Business Grant educational uses. The DC government is also investing • HUB Zone $100 million in infrastructure work (roads, utilities, sewers) through 2021. • Neighborhood Prosperity Fund (NPF) • Opportunity Zones • Supermarket Tax Incentives

Note: Demographics provided by Esri, 2018 estimates. All demographics are within 0.5 miles of 13th Street & Alabama Avenue, SE. Aerial photographer was flown in March of 2017 (source: opendata.dc.gov).

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

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 3200 13th St SE DC Government 6,441 0.15 $830,480 RA-1

2 3210 13th St SE & 1309 Alabama Ave SE CityPartners 17,961 0.41 $1,478,090 RA-1

3 1315 Alabama Ave SE WMATA 40,523 0.93 $1,215,690 RA-1

4 1333 Alabama Ave SE CityPartners 22,641 0.52 $1,719,480 RA-1 a. Entertainment & Sports Arena: The 4,200-seat building is the new home arena for the Washington Mystics and Capital City Go-Go, and the Washington Wizards’ training complex. b. Parcel 11: As part of Phase I (Redbrick LMD is master developer) AEDC is leading the redevelopment of six historic buildings into 252 mixed-income apartments on Parcel 11. c. Square 5914 (1290 Alabama Ave., SE): CityPartners, LLC plans to build 206 apartments and a 236,000 SF office building adjacent to the Congress Heights Metrorail Station. Both buildings will offer retail space.

Parcel 3 DC Government (178,596 SF) Parcel 9 DC Government (84,902 SF) As part of Phase I (Redbrick LMD is master developer) plans Parcel 4 DC Government (156,816 SF) Parcel 10 & 14 for Parcel 10 & 14 include 80-120 for-sale townhomes. Parcel 5 DC Government (387,684 SF) Parcel 13 DC Government (126,324 SF) The 4.2-acre site will be redeveloped into a town square with 288 Parcel 6 DC Government (174,240 SF) Parcel 15 residential units, a hotel, a 200,000 SF office building and up to 50,000 SF of retail space by Redbrick LMD & Gragg Cardona Partners. Parcel 7 DC Government (148,104 SF) Parcel 16 DC Government (52,272 SF) As part of Phase I (Redbrick LMD is master developer) plans for Parcel 17 Parcel 8 DC Government (118,021 SF) Parcel 17 call for 170,000 SF of office space and 30,000 SF of retail space.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 EDITION 39 SOUTH CAPITOL STREET

OPPORTUNITY ZONE

POPULATION: 13,167 MEDIAN HOME VALUE: $234,214 HOUSEHOLDS: 5,514 MEDIAN AGE: 31.8 AVERAGE HOUSEHOLD INCOME: $41,712

MAJOR INVESTMENTS MAJOR EMPLOYERS

• Good Food Markets grocer will open in 2019 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 an $880,000 grant from the Neighborhood Prosperity Fund to support • DC Department of Human Services 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 sq. ft. community POTENTIAL PROGRAMS (SELECT) service center. • Great Streets Small Business Grant • HUB Zone • Neighborhood Prosperity Fund (NPF) • Supermarket Tax Incentives • Opportunity Zone

Note: Demographics provided by Esri, 2018 estimates. All demographics are within 0.5 miles of 4th & Atlantic Streets, SE. Aerial photographer was flown in March of 2017 (source: opendata.dc.gov).

MAJOR DEVELOPMENT Completed since 2014 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 $437,310 MU-4

2 3915 South Capitol St SW SMS Properties Inc 7,501 0.17 $302,540 MU-4

3 3850 South Capitol St SE SCSB Inc 36,719 0.84 $2,321,050 MU-4

4 3920 South Capitol St SE Miller Bernice 27,890 0.64 $1,196,910 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.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 EDITION 41 SOUTH CAPITOL STREET + UMC

MAJOR DEVELOPMENT OPPORTUNITY ZONE Completed since 2014 Under Construction Pipeline

ADDRESS OWNER NAME SQ. FT. ACRES TAX ASSESSMENT ZONING

1 1310 Southern Ave SE DC Government 701,614 16.11 $70,121,170 RA-1 (United 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 & 4.5 BA. 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 2014 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 $1,147,370 MU-7

2 306 Southern Ave SE YLC Inc 28,492 0.65 $913,640 MU-7

3 400 Southern Ave SE U.S. Postal Office 49,400 1.13 $2,392,630 MU-5A

a. Community Renewable Energy Facility (SSL: 6274 800, 801 & 802): The DC government and GRID Alternatives Mid-Atlantic plan to build a solar facility on the 15.44 acre site. The solar arrays are anticipated to produce 3.6 million kilowatts (kWh) of electricity and support up to 885 homes.

EMERGING NEIGHBORHOODS + OPPORTUNITY ZONES • 2019 EDITION 43 DOES YOUR IDEA NEED SPACE? When you need to scale up your business with a storefront or office space, WDCEP can assist with:

ONE-ON-ONE SUPPORT FOR BUSINESSES OF ALL SIZES • Site location assistance • DC incentive information • Neighborhood retail/restaurant site tours • Broker introductions

DATA & TOOLS • Neighborhood Profiles • Development Report • Current retail and development online search tools • Monthly economic sector maps

wdcep.com | (202) 661-8670 | [email protected] 1495 F Street, NW | Washington, DC 20004 WASHINGTON DC ECONOMIC PARTNERSHIP · 1495 F STREET, NW · WASHINGTON, DC 20004 · (202) 661-8670 · WDCEP.COM Are you ready to invest in an Opportunity Zone?

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