Tenleytown Main Street 4545 42Nd Street NW, Suite 214 Washington, DC 20016 202.362.1815 Tenleytownmainstreet.Org Facebook.Com/Tenleytownmainstreet @Tenleytownms
TENLEYTOWN Strong Retail Demand A Great Neighborhood to Live, Work, & Play
Tenleytown is a vibrant retail corridor with a mix of local- serving amenities and a small supply of destination restaurants and retail. It is experiencing continued investment from real estate developers and business owners looking to come to the neighborhood.
Businesses have the opportunity to capture retail expenditures from four distinct customer groups:
• Educated, high earning residents • Professional employees • 61,000 people that drive by daily • A vast student population consisting of 14,000 higher education students Demographics
*Growth from 2010 to 2017 Retail Highlights
PetMAC Pete’s New Haven Style Apizza Matisse
City Bikes
District Taco SEOULSPICE TD Bank Muncheez Ace Hardware Orangetheory Fitness Best Buy Container Store
Whole Foods Market Starbucks Panera Bread Beefsteak Guapo’s Restaurant CVS
High Spending Access & Visibility Strong Anchors Capacity Tenleytown has an affluent, The large group of commuters Strong anchor stores located local-serving population, as along Wisconsin Ave. add traffic in the commercial district well as a sizeable white- counts and car visibility that such as Whole Foods, Best collar workforce population. retailers like. The close proximity Buy and The Container Store Educational institutions add to a Metro station connects bring a diverse body of an additional 20K people to Tenleytown with other DC visitors to the Tenleytown the consumer mix. neighborhoods. Ample parking neighborhood. draws more consumers than other areas in DC that lack parking.
One-Mile Retail Leakage (Retail Gap) Demographics
$477.6M Total Retail Trade Food & Drink
$52.3M Food & Beverage Stores
$47.8M Health & Personal Care Stores
$23.2M Clothing & Clothing Accessory Stores
$11.3M Home Furnishing Stores The amount of public TENLEYTOWN transportation options and A Great Neighborhood to high vehicle count along Live, Work & Play Wisconsin Avenue positions Tenleytown to capture substantial customer base for businesses in the area. 6,350 DAILY METRO BOARDING With a WalkScore of 92, Tenleytown is considered a "walkers paradise" with many opportunities as a 61,000 pedestrian. VEHICLES 3 MAJOR ROADS PER DAY Tenleytown has "excellent transit" with convenient access to the Metro, a variety of bus lines, and many car sharing options.
The topography and select bike lanes in Tenleytown 31.3% make the community "very 4 RESIDENTS TAKE bikeable." Capital CAPITAL METRO TO WORK Bikeshare's location helps BIKESHARE provide access to bicycles for STATIONS the community. PUBLIC PARKING 2 GARAGES 3 15 ZIPCAR METRO BUS LOCATIONS ROUTES Recently Completed Development
As buildings rise, Tenleytown’s streets are filled with additional residents , employees and retailers. Since 2010, the population has grown by 7.45%.
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Cathedral Commons Tenley View Washington College of Law Frequency Location: 3400 - 3430 Wisconsin Ave. Location: 4600 Wisconsin Avenue Location: 4300 Nebraska Avenue Location: 4000 Brandywine Street Developer: Giant Food & Bozzuto Developer: Douglas Development Developer: American University Developer: Urban Investment Partners Total SF: 264,272 Total SF: 68,500 Total SF: 322,300 Total SF: 50,000 Construction Type: New Construction Construction Type: New Construction Construction Type: New Construction Construction Type: New Construction Major Use: Mixed Use Major Use: Residential Major Use: Education Major Use: Residential Residential Units: 146 Residential Units: 60 Delivered: 2016 Residential Units: 100 Retail SF: 124,285 Retail SF: 18,783 Delivered: 2018 Delivered: 2015 Delivered: 2016
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2 4 AU East Campus Procter Hall Location: 3501 Nebraska Avenue Location: 3612 Woodley Road 3 Developer: American University Developer: National Cathedral Total SF: 106,580 School Construction Type: Renovation Total SF: 26,000 Major Use: Education Construction Type: Renovation Delivered: 2017 Major Use: Education Delivered: 2016
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6 Planned and Proposed Development
With more exciting mixed-use projects on the way, Tenleytown will continue to grow. Approximately 1,700 new residential units will be added to the market in addition to approximately 250,000 square feet of retail.
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Broadcast Georgetown Day School 4000 Wisconsin 3900 Wisconsin Location: 4620-4624 Wisconsin Ave. Location: 4203 Davenport Street Location: 4000 Wisconsin Avenue Location: 3900 Wisconsin Avenue Developer: Urban Investment Partners Developer: Georgetown Day School Developer: Donohoe Development Developer: Roadside Development Total SF: 131,050 Total SF: 120,000 Total SF: Total SF: 423,192 Construction Type: New Construction Construction Type: New Construction Construction Type: Renovation Construction Type: New Construction Major Use: Residential Major Use: Education Major Use: Major Use: Retail Residential Units: 146 Delivering: Residential Units: 720 Residential Units: 700+ Retail SF: 11,000 Retail SF: 34,000 Retail SF: 200,000+ Delivering: Delivering: 2024 Delivering: 2022
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2 5 4611-4615 41st St Location:4611-4615 41st St. 1 Developer: Dancing Crab Properties Total SF: 34,535 Construction Type: New Construction Major Use: Residential Residential Units: 41 Retail SF: 5,000 Delivering:
3 4 Tenleytown Main Street 4545 42nd Street NW, Suite 214 Washington, DC 20016 202.362.1815 tenleytownmainstreet.org facebook.com/TenleytownMainStreet @TenleytownMS