Annual Report 2012 Milestones: five years in the Capitol Riverfront BID

Base Realignment and US Department of Diamond Teague Park Closure (BRAC) decision Transportation head- and Piers open. First consolidates Naval Sea quarters building officially new city owned park to Systems Command opens and brings 6,500 be built in decades. to Navy Yard campus new employees to the increasing to 14,000 neighborhood. 20 M St employees (1995). Five delivers and 55 M St, new office buildings 909 at Capitol Yards, deliver as a result of BRAC. and Velocity Condos begin construction. DC Housing Authority Yards Park opens as a receives federal HOPE VI Nationals Park opens 5½-acre award-winning grant for rebuild of Ar- for the inaugural season riverfront park with thur Capper Carrollsburg of Nationals baseball in a interactive water features, public housing new stadium welcoming open lawn space, unique project into a higher density mixed-income over 2 million fans to sculptural pedestrian community (2001). the Capitol Riverfront 55 M Street delivers as bridge, and landscaped the first office building gardens. The Capitol JBG selected to build new on Half Street, as well Riverfront BID becomes US Dept. of Transporta- as the delivery of the only DC BID to tion HQ building. Capitol Riverfront Velocity Condos, the manage and program a Business Improvement neighborhood’s first District owned park. Waterfront District created and condo building, the Initiative Framework the Clean & Safe Team apartments at 909 at Nearly 200,000 SF of Plan completed & crew begin work. The Capitol Yards, and the office leases signed. adopted by DC Council Anacostia Waterfront first blocks of Capitol to guide development of Corporation folded into Quarter townhomes. new communities and the office of the Deputy clean up of the river. Mayor for Planning and Delivery of residential Economic Development. and office continues GSA selects Forest City with Jefferson and Axiom to develop 42-acre South- at Capitol Yards, Onyx east Federal Center into on First, and 100 M St. a mixed-use project with Construction begins adaptive reuse of historic on Capitol Quarter buildings and a 5½-acre townhomes, and public park (2004). Navy Yard Metro station Diamond Teague Park. 95% of all residential expansion completed at The Capitol Riverfront units are leased or Baseball returns to DC, the Half Street entrance/ BID significantly improves hosts Artomatic in 55 sold. Capitol Quarter site selected and con- exit. Also, Frederick Doug- perception of cleanliness M Street, a six-week Phase I of 160 homes struction begins on new lass Bridge lowered to im- and safety after one arts festival that brings completed. Construction ballpark in the Capitol prove transit access and year of operations over 75,000 people to begins on the new Riverfront (2005-2006). aesthetics of the ballpark. the neighborhood. 11th Street Bridge. Annual Report

About the 2 75,000 SF of retail Restaurants continue Capitol Riverfront BID leases signed including to open, including Bluejacket Brewery, Italian restaurant Letter from the Chairman 4 Kruba Thai & Sushi, Park Osteria Morini by & Executive Director Tavern, and a Harris NYC Chef Michael Teeter grocery store. White, Gordon Biersch, Clean Team & 6 125 presentations made Bluejacket Brewery, Hospitality Ambassadors by BID to potential Buzz Bakery, Agua 301, tenants and investors. Canal Park and ice rink The Park Tavern and Public Realm 8 open, a unique three- more (2013). block urban park and Economic Development 10 model of environmental sustainability with an Marketing, Branding & 12 iconic light cube, water Public Relations fountains, sculptures, storm water retention Community Events 14 and geothermal Parks & Green Space 16 heating systems. Completion and begin Financials 18 Yards Park hosted 200 I Street opens with implementation of 120 events including 1,200-1,400 employees the Capitol Riverfront Board of Directors & Staff 20 festivals, corporate and an art gallery. Nearly Urban Design fundraisers, weddings, 1,000 new residential Framework Plan (2013). and the 15-week Friday units, the Boilermaker Evening Concert series. Shops, and Lumber Shed Atlantic Cities Magazine retail under construction. names Yards Park one of America’s top 10 best BID perception survey new parks. Riverwalk increases in five years State of the Front Trail opens, providing a from 6% of respondents continuous one-mile trail. feeling neighborhood is clean/very clean and Completion of Development Summary 22 Foundry Lofts deliver safe/very safe to 93% of Twelve12 4th Street and have one of the respondents perceive the which comprises 218 Office Market 26 fastest lease rates of a BID is clean/very clean residential units, a Residential Market 30 Forest City Washington and 73% perceive the 50,000 SF Harris Teeter residential property. BID as safe/very safe. grocery store, Vida Retail Market 34 1015 Half Street delivers, Fitness, Bang Salon, Lot 38 Espresso opens, Capitol Riverfront and Aura Spa (2014). Parks, River & 38 Capitol Quarter Phase population approaches Environmental Sustainability II begins to deliver 4,000 and Washington Capitol Riverfront Nationals are National Residential Population Canal Park breaks ground. League East Champions. projected to surpass 5,000 people. (2015). the Capitol Riverfront BID

In the Capitol Riverfront, DC’s businesses and residents are shaping a new community on the river in one of the largest riverfront redevelopment projects in the .

Located just five blocks south of the U.S. Capitol building, the Capitol Riverfront offers the extraordinary advantages of riverfront city living with access to what matters: unique parks and riverfront trails, sports and entertainment, new restaurants, exceptional value, multimodal transportation access, and proximity to Capitol Hill. The Capitol Riverfront is DC’s new neighborhood on the river, an established district-within-the-District that extends the city’s skyline to the water’s edge. The Front encompasses an area of approximately 500 acres located between the U.S. Capitol building and the . The Capitol Riverfront is already home to:

▶ Daytime employment population of 35,000 people in The Capitol Riverfront BID serves as the 7.2 million square feet of office including the Washington management entity for this area and is Navy Yard and U.S. Department of Transportation HQ governed by a board of directors composed of twenty-one (21) voting members that ▶ Nearly 4,000 residents in 2,760 residential units pay the BID tax, and up to seven (7) at-large, non-voting community stakeholders that ▶ A 204-room Courtyard by Marriott hotel are BID tax-exempt. Our FY12 operating budget was approximately $1.8 million and ▶ The Yards Park, Canal Park and ice skating rink, is funded through a special self-imposed Diamond Teague Park and Piers, and Virginia Avenue tax that owners vote upon themselves. Our Park and Community Gardens organization is staffed by seven (7) full-time professionals and twelve (12) full-time Clean ▶ The 41,000-seat Washington Nationals ballpark Team Members and Hospitality Ambassadors.

2 Services provided by the BID in 2012

▶ Clean Teams and Hospitality Ambassadors ▶ Public realm management and improvements ▶ Economic development and business attraction efforts ▶ Transportation analysis and coordination ▶ Marketing, branding and public relations initiatives ▶ Community building events ▶ Advocacy and educational outreach for the neighborhood ▶ Park maintenance and programming services ▶ Research and development analytics

The mission of the Capitol Riverfront BID is to provide place management services that assist in creating a neighborhood that is clean, safe, friendly, and vibrant. The BID supports the development of the Front as a new mixed-use riverfront community in Washington, DC.

K ST 9TH ST

PA 12TH ST 12TH ST Where AVE 4TH ST SENATE is the Capitol Riverfront?

3RD ST Capitol Hill The Capitol Riverfront is a regional destina- HOUSENJ AVE tion that is conveniently and centrally locat- ed. Sharing its northern border with Capitol

Hill, the Front is five blocks south of the U.S. 7TH ST Capitol building and west of the Barracks 8TH ST Row restaurant district. The Front is easily 8TH ST accessible with direct connection to: M ST ▶ I-395 and I-295 14TH ST ▶ Metrorail’s Green line at the Navy Yard BRIDGE Station or Blue / Orange lines at the 11TH ST Capitol South Station FREDERICK BRIDGES ▶ The Circulator linking to Union Station DOUGLASS and the Red line BRIDGE ▶ Reagan National Airport is only a ten minute drive away. Greetings from the Capitol Riverfront Business Improvement District!

This year, the Capitol Riverfront Business Improvement District (BID) celebrated its five year anniversary, as well as the approval of the BID’s renewal for another five years of operations.

Since 2007, the BID and its stakeholders have worked hard to improve the neighborhood and execute the vision of building a clean, safe, friendly, and vibrant community on the Anacostia River. We look forward to embarking on another five years of place management activities and strategic planning Letter initiatives here in the Capitol Riverfront. We want to thank our BID Board of Directors for their vision and confidence in the idea From the Chairman of establishing a BID for the neighborhood and the dedicated team of professionals & Executive Director who have helped grow the organization and its operations. We also want to extend a special thank you to our Clean & Safe Team members who keep our streets, sidewalks and parks free of trash and debris, as well as create a safe and welcoming atmosphere. The Capitol Riverfront perception survey shows the significant increase in respondents feeling positive about the neighborhood’s cleanliness and safety over the past five years. In 2007, only 6% of people felt the neighborhood was ‘clean or very clean’ and ‘safe or very safe.’ Five years later, the 2012 perception survey results have reached 93% of respondents answering that the BID is 'clean or very clean' and 73% perceiving the BID as 'safe or very safe.' So what is on the agenda for the next five years of operations? ▶ Community Building – we will promote the riverfront The BID's Five Year Business Plan outlines that we will continue and world class parks as places for special events and the baseline of operations in all of our core programs, as community building for individuals and families from well as expand operations to meet the opportunities and DC and across the region, as well as an opportunity for additional demand that emerge over the next five years as the recreation and access to the river. neighborhood continues to grow. ▶ Transportation & Access – we will advocate for a ▶ Clean & Safe Programs – we will expand coverage to streetcar line being implemented in the neighborhood, later evening hours on weekdays and Saturday, plus add the importance of a premium transit connection Sunday service. We will also increase coverage in new north to Union Station and downtown, and funding activity centers and the Clean & Safe team will continue and constructing of the bridge, to provide maintenance services and operations oversight memorial ellipse, and the urban boulevard. of Yards Park. ▶ Infrastructure – we will monitor future and ongoing ▶ Public Realm – we have produced an Urban Design infrastructure projects such as the CSX Virginia Avenue Framework Plan for the neighborhood that includes Tunnel Project and the DC Water Long Term Control recommendations on improving transit access and circulation, Plan for their impacts upon the neighborhood and gateways, access to the river, a hierarchy of neighborhood the adjacent neighborhoods of Capitol Hill and the streets, opportunity sites and community amenities, as well SW Waterfront. as streetscape and landscape systems. We will also work with the Canal Park Development Association on that park's ongoing We at the Capitol Riverfront BID hope you have enjoyed maintenance and programming. seeing the neighborhood evolve and grow over the past five years. The next five years will be pivotal for ▶ Economic Development – we will market and promote our neighborhood with the recent opening of Canal the Capitol Riverfront as an investment opportunity and the Park, 10+ new restaurants, the Harris Teeter grocery ideal location for office tenants, retail stores and restaurants, store, VIDA Fitness health club, the construction of an residents, and hotels. Ongoing research efforts on retail additional 1,000+ units of housing, and several other demand and absorption, the office market, and other industry mixed-use projects. clusters will inform our business attraction efforts. Once again, many thanks to the board of directors, ▶ Marketing & PR – we will position and brand the Capitol talented BID staff, Clean & Safe Team members, District Riverfront and its opportunities in the regional and local Government, and all of the property owners and market so that the region will understand where we are and stakeholders for supporting our work over the past five what we are, the development that has occurred, the growing years. We look forward to collaborating with you as we community that has been established, and the future vision implement the vision and continue to grow the Capitol for build-out. Riverfront neighborhood over the next five years.

Best wishes,

Eric Siegel Michael Stevens, AICP Chairman Executive Director BID Board of Directors Capitol Riverfront BID The Cohen Companies

5 Clean Team & Hospitality Ambassadors

The Capitol Riverfront BID’s Clean Team maintains the day-to-day cleanliness and appearance of the neighborhood while the BID’s Hospitality Ambassadors are stationed near the Metro station exits to greet passersby, answer questions and monitor activity on the street. A BID Clean Team member removes trash from the sidewalk

Clean & Safe Perception Results The Capitol Riverfront BID Clean Team and Hospitality Ambassadors

6.1 2007 6.0

44.9 2008 58.4

56.5 2009 84.7

63.9 2010 85.3

76 2011 91.2

73 2012 93

Safe or Very Safe Clean or Very Clean

Capitol Riverfront BID, October 2012, percent of survey respondents that perceive the neighborhood as 'Safe or Very Safe' and 'Clean or Very Clean'

6 “The staff of the BID at the Metro, in the neighborhood and at Yards Park are phenomenal! They are fantastic, friendly, informed

A BID Ambassador stationed by the ambassadors for the Metro exit to great passersby and monitor activity on the street community. The BID is doing great work and their efforts are greatly indicated that 93% of respondents appreciated and respected think the BID is clean or very clean and 73% perceive the BID as safe by those of us who live and or very safe. work in the area. Thank The Clean Team members maintain you all for what you do.” the public realm by picking up litter and emptying trash cans, mowing ▶ submitted via 2012 Perception Survey Information or direction requests and landscaping, raking leaves or answered by Ambassadors clearing snow, removing handbills and graffiti, reporting issues to the In addition, the Capitol Riverfront DC 311 service request system and has a strong relationship with the DC supporting community events in the Department of Employment Services Yards Park. In FY 2012 the Clean Team (DOES) to assist in job training for DC The Clean Team and Hospitality collected 9,500 bags of trash and residents and expanding services of Ambassadors create an attractive completed 800 hours of landscaping. the Clean Team in the neighborhood. and welcoming environment in The two Hospitality Ambassadors In FY12, the Clean Team worked with the Capitol Riverfront. The Capitol greet passersby, answer questions 30 DOES employees and hired 4 to Riverfront perception survey and provide directions and actively the permanent crew. During the shows the significant increase in monitor activity on the streets. summer, the BID also supported the respondents feeling positive about The Ambassadors responded to DC Court Services by allowing up to 6 the neighborhood’s cleanliness 6,700 requests for information or participants a day to complete their and safety over the past five years assists in FY12. The crew members community service hours for minor (see graph on page 6). This year are our most visible presence offenses under the supervision of the the 2012 perception survey results in the neighborhood. Clean Team members.

7 Public Realm

The BID works to improve the public realm in order to create a clean, high-quality, and unified look and feel in the neighborhood. This year the BID continued to work with the DC Department of Transportation on repairs in the public realm, planting and caring for trees, and removing snow during the winter. The BID submitted 70 service requests to address traffic and safety issues, potholes, signage problems, and fixing of light poles. The BID completed theWater Pylons Public Art Building Communities grant project at the New Jersey Avenue underpass and in the winter, the BID hung snowflakes on light poles to create a festive and bright winter atmosphere. The BID worked to complete the public art project called Water Pylons to enhance the New Jersey Avenue freeway underpass

Freeway support columns painted to enhance and create a gateway at the New Jersey Avenue underpass

People walking in the 100 block of M Street, SE 8 The BID hired AECOM to lead the development of an Urban Design Framework Plan and conducted interviews with residents and other stakeholders

Tree boxes installed with help of DDOT’s Urban Forestry Administration A new tree box added in 2012

The BID worked with DDOT's Urban is comprised of 18 painted Freeway As the capstone project of Forestry Administration to install support columns and eight LED this year, the BID hired the 38 new treeboxes with tree fences overhead lights. Now completed, consultant firm AECOM and began and furnishings. Water Pylons creates a unique and stakeholder interviews for the welcoming gateway, improves the development of an Urban Design In addition, the BID completed the New sense of safety, represents the Framework Plan. The Urban Design Jersey Avenue, SE freeway underpass identity of the neighborhood, and Framework Plan will set priorities public art project titled Water Pylons. strengthens the connection between for improving the public realm Water Pylons is a painted and lighted the Capitol Hill and Capitol Riverfront design and animation, the parks art enhancement that transforms this communities. Water Pylons was and open space, transportation underpass into a modern representation funded by the BID and the Public Art linkages and connections, and of water and announces New Jersey Building Communities grant from interim urbanism strategies in the Avenue, SE as a gateway to the Capitol the DC Commission on the Arts Capitol Riverfront. Riverfront community. Water Pylons and Humanities.

9 Economic Development

The light cube at Canal Park during construction

BID Executive Director Michael Stevens, WC Smith’s Chris Smith, Mayor Gray, Congresswoman Norton, Councilmember Wells and other government officials cut the ribbon at Canal Park

Photo by Tony DeFilippo Photography

The Capitol Riverfront BID emphasizes economic development as one of its core work programs. The BID partners with property owners, brokers, the District Government and Over 100 presentations made in other stakeholders to facilitate development in the Capitol 2012 to potential tenants and investors Riverfront. The BID’s primary economic development activities are business attraction; transportation and planning; research, market analytics and data management.

10 VIDA Fitness signed a 28,000 square foot lease at Twelve12 4th Street in BID Executive Director Michael Forest City Washington’s The Yards Stevens provides an overview of development development at the BID’s office

including VIDA Fitness and Osteria examine strategic initiatives that focus Morini within Forest City Washington’s on existing and future transportation Yards development, as well as Gordon demand, open space networks, and square feet of retail leases Biersch Brewery and Restaurant at connectivity to other activity centers. signed in 2012 100 M Street, SE. RESEARCH & INFORMATION TRANSPORTATION / ACCESS & PLANNING The BID’s research and data collection efforts continued to The Capitol Riverfront BID worked include summaries on the status Business Attraction with DC Surface Transit (DCST) and the of development projects; quarterly District Department of Transportation absorption analysis; office and retail Throughout the year, the BID works (DDOT) to enhance the operations of lease comparables; residential rent/ in concert with property owners to the Circulator bus route connecting the sales analyses; investment and land attract new businesses and facilitate Union Station Metro Station and the sale comparables; type and value of investment in the neighborhood. The Navy Yard Metro Station as well as the public and private investments; Metro BID offices serve as a marketing center launch of a second route that passes ridership statistics; crime statistics; and meeting place. During the course through lower Barracks Row while and neighborhood demographics. The of the past year the BID made over 100 traveling between the Potomac Avenue BID office produces reports, brochures, presentations to potential office tenants, Metro Station and Skyland. The BID also maps and graphs illustrating many retailers, and investment partners. worked on plans for the future streetcar of these data sets and development During FY12, the BID toured investment and served on the advisory panel for summaries. The BID research serves groups, international delegations, the DDOT's SE/SW Waterfront Transportation to inform decision makers as well DC CMRC research committee, and Planning study. During FY12, Circulator as provide a platform for external traveled to multiple office brokerage bus ridership on the Navy Yard–Union business attraction activities and houses to make development summary Station route increased to an average is available on our website in a presentations. The BID was a sponsor of 39,095 riders per month from 38,496 variety of mediums. Finally, the of the DC booth at the International riders per month in FY11. The BID also BID hired StreetSense to conduct Council of Shopping Centers national worked with DDOT to identify locations a retail market analysis study that convention in Las Vegas and has an for additional Capital Bikeshare Stations examined and attempted to quantify ongoing effort with the DC Economic throughout the neighborhood. Finally, the existing supportable retail Partnership to recruit retailers to the as part of the urban design framework demand in relation to the forecasted Front. These business attraction efforts plan project that began in FY12 and potential future demand at various helped to facilitate over 50,000 square will be completed in FY13, the BID stages of development, and potential feet of retail leasing activity in 2012, hired AECOM and Nelson Nygaard to clustering strategies.

11 Marketing Branding & Public Relations

The Capitol Riverfront BID focuses on marketing, branding and promoting the neighborhood in the regional marketplace. In FY12, the BID received the most positive and largest amount of media coverage since operations started five years ago. The BID also produced a Washington Business Journal print and electronic advertising campaign, a Navy Yard metro station campaign, implemented an enhanced social media strategy, produced five online videos, and released original research titled GreenPrint of Growth: A Decade of Population Growth, Job Creation, and Investment Along D.C.’s Green Line Corridor.

sessions on the Capitol Riverfront website, www.capitolriverfront.org

Top right: The BID launched a mobile website with GPS functionality in 2012

A Capitol Riverfront BID advertising campaign in the Navy Yard Metro station

12 BID staff at an information booth marketing projects within the Capitol Riverfront

Capitol Riverfront projects on display at the national ICSC Retail Conference

PRESS COVERAGE, the entrance/exits to the metro station and fall production of the FRONTpage ADVERTISING, PRINT & around Opening Day. These campaigns News one-page development summary, VIDEO PROMOTION were chosen to reach our target StoreFront retail brochure, neighborhood audience of real estate professionals, marketing brochure, showcase boards, In FY12, the Capitol Riverfront was potential tenants and retailers, and and enhanced maps to reflect and featured in over 125 newspaper, workers, residents, and visitors of the incorporate new development data and magazine, and online articles, as well as Capitol Riverfront. neighborhood progress. radio and television segments. Some of the most noteworthy press coverage ELECTRONIC AND PRESENTATIONS, TRADE in FY12 includes 11 articles about the PRINT MARKETING SHOWS & CONFERENCES Capitol Riverfront Annual Meeting and the release of the GreenPrint of Growth In FY12, the Capitol Riverfront BID The BID office on the 10th floor of report in January 2012, 18 positive enhanced its social media strategy 1100 New Jersey Ave, SE—with the news articles about the neighborhood and doubled the number of Twitter scale model of development along the around the Nationals Park Opening followers from 600 in FY11 to 1,200 and Anacostia River—serves as a marketing Day 2012, including the Washington counting at the end of FY12. The BID center and showroom where property Post front page article Diamond in the also increased facebook fans from 1,200 owners and brokers bring prospective Rough written by Marc Fisher, and a new to 1,400 fans as well as improved the tenants and retailers to learn about monthly feature column in the Hill Rag number and type of postings to increase the Front. In addition, the BID attends Community Newspaper written by BID fan participation and engagement on our and often presents at trade shows Executive Director Michael Stevens. Facebook page. The BID launched a blog and conferences to further educate for expanded electronic distribution of people about and to promote the In addition to press coverage, the and access to our bi-monthly newsletter Capitol Riverfront. This past year the BID promoted the Capitol Riverfront articles and produced five online videos BID participated in the International neighborhood through paid about the neighborhood. The total Council of Shopping Centers (ICSC) advertisements in the Washington annual individual website sessions for conferences in Las Vegas, New York, Business Journal with 11-print ads and capitolriverfront.org increased to 254,317 and the Mid-Atlantic in DC, the Bisnow 2-months of electronic ads in the daily from 228,545 seasons in FY11 and the Retail Development Summit, the George email update from the BreakingGround Yards Park website increased to 153,124 Washington University Walkable Urban blog. The BID also produced a one-month individual session in FY12 from 100,764 Places Conference, the Washington, DC Navy Yard metro station campaign with individual sessions in FY11. The BID print Economic Partnership Development 10 posters and 2 large-scale banners at marketing continued with the spring Showcase, and more.

13 Community Events

The Snallygaster microbrewery festival by Neighborhood Restaurant Group welcomed an estimated 8,000 people to Yards Park in the Capitol Riverfront.

Image courtesy of Neighborhood Restaurant Group Estimated total number of visitors to special events in The Capitol Riverfront produces special events in the Yards Park order to build and foster a sense of community among residents and employees, attract new visitors to the The Fairgrounds located along Half neighborhood and activate the parks and open spaces. Street just north of Nationals Park The Front continued its lunchtime concerts, outdoor movie series and the National Cherry Blossom Lantern Making Family Day, as well as expanded the Yards Park Friday Evening Concert Series to 20-weeks, provided free Wednesday yoga in the Yards Park, and sponsored several art, food, and music festivals.

14 People dancing during a summer Friday Night Concert in Yards Park

A performer smiles to the crowd during Brazil Day in Yards Park 1,000 Estimated average attendance each week at the summer Friday Evening Concerts in Yards Park

“I have been very impressed with the Image courtesy of Brazil Day DC and Zezeh Brazil development of Yards Park and communication GROWING EVENTS variety of bands, and several local about upcoming activities. food and drink options including Red The Capitol Riverfront continued its fifth Apron, Buzz Bakery and Churchkey by It has quickly become year of summer outdoor movies and Neighborhood Restaurant Group. The our favorite park in DC… showed ten “Adventures” films on Tingey Capitol Riverfront also continued to be Plaza, as well as completed its fifth year home to the monthly Truckeroo event at Thank you for making of the Wednesday lunchtime concert the Fairgrounds Outdoor Market on Half this part of DC come to series, moving to the new location of the Street which brought together over 20 Fairgrounds Outdoor Market. The Yards mobile food trucks at one location and life for all to enjoy!” Park Friday Concert series expanded to averaged 20,000 people per event. The 20-weeks and was extremely successful, BID sponsored free Wednesday yoga in ▶ submitted via 2012 Perception Survey attracting an average of 1,000 people the Yards Park and supported a variety of per week. The concerts featured a other community festivals and events.

15 Parks & Open Space

The Capitol Riverfront’s four parks distinguish the neighborhood and are part of the Front’s competitive advantage in the marketplace. The BID has been an advocate for and a partner in the development of Diamond Teague Park and Piers, Yards Park, Canal Park, and the Riverwalk Trail. The BID sees these parks as a unique opportunity to build community, identity and a sense of place and as assets in our business and residential attraction efforts. The overlook terrace at Yards Park

Canal Park with a seasonal ice skating rink 99.1% was completed in 2012 of survey respondents would recommend Yards Park to a friend or colleague.

16 Residents, employees and visitors can enjoy a summer day by the waterfall and wading pool at Yards Park

The sculptural bridge at Yards Park

In FY12 the BID completed its second full patrons. There were approximately year of maintenance and programming 50 revenue-generating events from % of the Yards Park under the Waterfront groups that rented space in the Yards Park Agreement between the DC Park and 55 public events, equally 100 Government, Forest City Washington, divided between free and ticketed of survey respondents consider and the Capitol Riverfront BID. The events. The Yards Park hosted a variety the Yards Park safe and 99% 5½-acre Yards Park with a quarter-mile- of community events including the long boardwalk, great lawn, sculptural Kennedy Center Street Festival, Tour de consider the Yards Park clean. pedestrian bridge, waterwall and canal Fat, Columbia Lighthouse for the Blind basin and gardens offered the public a 5K run/walk, Riverfront Workout with spectacular place to gather and enjoy Tony Horton, Tour de Pink, Brazil Day the river, and proved to be an attractive DC, Livingsocial Dodgeball Tournament, location for a variety of events. In FY12, and more. An estimated 60,000 people “The Friday Night Concert the Yards Park was open daily from visited the Yards Park for special events sunrise until 9 pm in the winter and in FY12. Series is one of the until 10 pm in the summer and was greatest things about maintained and monitored by Clean The BID has also partnered with the Team members and members of the Canal Park Development Association to summer in DC. The events Watkins private security company. support the design, development and are family friendly and so the operations and marketing plan for Yards Park hosted over 105 events from Canal Park. The BID also helped plan enjoyable. The atmosphere October 2011 through end of September and produce the ribbon cutting and 2012. Events ranged from food and grand opening celebration weekend in is calm and music is great.” art festivals to fitness activities and November 2012. The three-block-long ▶ submitted via 2012 corporate picnics. The BID’s 20-week Canal Park is a model of environmental Yards Park survey Friday Evening Concert series was sustainability, with a seasonal ice skating extremely successful and each week rink, water fountains, a restaurant attracted an average of 1,000 park pavilion, and landscaped green space.

17 Financials

Statement of Financial Position: September 30, 2012 (Unaudited), September 30, 2011 (Audited), September 30, 2010 (Audited)

2012 2011 2010 Unaudited Audited Audited ASSETS Cash and Cash Equivalents 568,357 538,733 174,309 Accounts Receivable, Net 191,997 105,717 229,697 Prepaid Expenses 11,119 5,733 62,304 Related Party Receivable 85,534 35,063 111,093 Property and Equipment, Net 35,813 61,610 65,079

Total Assets 892,819 746,855 642,482

LIABILITIES AND NET ASSETS Accounts Payable and Accrued Expenses 108,450 91,999 40,814 Line of Credit and Loans - - - Notes Payable - Stakeholders - - 2,929 Prepaid Assessments 35,936 33,622 - Net Assets 748,433 621,234 598,739

Total Liabilities and Net Assets 892,819 746,855 642,482

18 Statement of Activities: Year Ended September 30, 2012 (Unaudited), September 30, 2011 (Audited), September 30, 2012 2011 2010 2010 (Audited) Unaudited Audited Audited

SUPPORT AND REVENUE Assessment Revenues 1,646,586 1,571,706 1,534,821 Contributions and Other Revenue 66,725 33,361 44,180

Total Support and Revenue 1,713,311 1,605,067 1,579,001

EXPENSES Administration 116,789 301,669 198,835 Marketing 224,005 147,854 195,164 Public Realm 95,999 34,854 63,584 Clean and Safe Services 567,932 512,294 509,102 Community Building 79,966 151,421 144,103 Economic Development 268,164 224,024 249,725 Professional Fees 97,600 98,093 71,068 Transportation 103,538 80,309 47,383 Other Expenses 32,116 32,058 32,699

Total Expenses 1,586,109 1,582,574 1,511,664

CHANGE IN NET ASSETS 127,202 22,493 67,337

19 Board Members

THREE-YEAR TWO-YEAR ONE-YEAR AT-LARGE TERM TERM TERM STAKEHOLDERS (expires 12/2014) (expires 12/2013)

Daryl Jackson Dodd Walker Ramsey Meiser Martin Smith Capitol Hill Tower Co-Op Akridge Forest City Washington Barracks Row Main Street

Jim Dautenhahn Eric Siegel Bert Donohoe Erik Moses DRI Development Cohen Companies Donohoe Real Estate DC Sports & Entertainment Services Commission David Brainerd John Wilson Madison Marquette JBG David Howell Gregory McCarthy Lerner Enterprises Washington Nationals Stephen Flippin Brooke Honore Baseball Club CSX JPI Marvin Rosskopf Ruben Companies John Dillow Michael Leyes Amy Phillips Living Classrooms Monday Properties Monument Realty Amelia Zimmerman Courtyard Marriott Janelle Herring John Clark III Brad Fennell Steuart Investments William C. Smith + Co. Mark Batterson Ed Kaminski Arlene Brown National Community Church Velocity Condos Faison / RAM Partners

20 The Navy Yard Metro station in the Capitol Riverfront Staff

Michael Stevens, AICP Executive Director A summer Friday Night Concert at Yards Park Claire Schaefer Oleksiak Deputy Executive Director

Leon Johnson Director of Parks and Public Realm

Ted Skirbunt Director of Real Estate Research

Exzell Nicks Operations Manager, Clean Team and Hospitality Ambassadors

Lacy Wilhoit Manager of Park Programming and Marketing

Bonnie Wright Office and Project Manager

Opening Day 2012 at Nationals Park STATE OF THE FRONT Development Summary

During the past year Washington, DC’s Capitol Riverfront neighborhood witnessed continued residential growth with an estimated residential population approaching 4,000 people, significant retail and restaurant leasing activity, the completion of Canal Park, and the opening of retail and restaurants including Kruba Thai and Sushi, Potbelly Sandwich Shop, and Wagtime Too. These businesses are the first in a wave of retail that will continue to open over the course of the next 18 months. There were over 50,000 square feet of retail leases signed in 2012 including the 28,000 square foot VIDA Fitness that will feature a Bang Salon and Aura Spa and will open in Twelve12 4th Street upon completion in 2014.

Largely the byproduct of protracted Federal negotiations to avoid government sequestration, short term growth forecasts are restrained and uncertain. Looking beyond the short term uncertainty, residential and employment growth are expected to continue in Washington, DC. Future economic growth coupled with few vacant development opportunities remaining in Downtown DC and new efforts by the District of Columbia government to diversify its employment base are expected to facilitate continued development into Downtown- adjacent neighborhoods such as the Capitol Riverfront. The first wave of retail and amenities will continue to open in 2013 and 2014 serving to ameliorate the recent supply/demand imbalance for restaurants and retail. Looking to 2015 and beyond, additional office, residential and hotel development will support continued retail growth. 2012 DEVELOPMENT Highlights

Completion of four projects totaling an estimated $159 million ▶ The remaining 83 townhomes in phase two of Capitol Quarter ▶ The 350,000 SF office building at 200 I Street, SE ▶ The 3-acre environmentally sustainable Canal Park with ice skating rink, restaurant pavilion, seasonal water features, and storm water retention and reuse systems ▶ The 45,500 SF Boilermaker Shops at The Yards

Projects under construction as of 4Q 2012 include: ▶ The new $300 million 11th Street Bridges ▶ The 276-unit Camden South Capitol Street Apartments** ▶ Twelve12 4th Street at The Yards comprising 218 apartments and 88,000 SF of retail including a 50,000 SF Harris Teeter Grocery Store and 28,000 SF VIDA Fitness ▶ Renovation of the Lumber Shed at The Yards into ground floor restaurants and second floor office space that will serve as the new offices of Forest City Washington ▶ WC Smith’s Park Chelsea an estimated $150 million, 430 unit apartment building

**Under Construction projects include the 276 unit Camden South Capitol apart- ments, which while outside the BID boundary abut the western BID border of South Capitol Street and should be included in a market analysis The Boilermaker Shops before, during, and after renovation was completed in 2012

Existing / Under Completed Construction** Planned TOTALS Office Square Feet 7,250,040 17,350 8,004,780 15,272,170 Retail Square Feet 223,629 109,850 564,637 898,116 Residential Units 2,760 924 6,176 9,860 Hotel Rooms 204 0 1,051 1,255 Total Square Feet 11,776,993 1,247,721 23,880,851* 36,905,565* Estimated Total Cost $2.8 billion $646 million $6.1 billion $9.5 billion

Source: Capitol Riverfront BID, November 2012 * Total sq. ft. numbers include the allowed zoning by right on lots where a building program has not yet been determined

23 2012 Development Properties

Properties as of November 2012 ● EXISTING/RECENTLY 395 COMPLETED ● UNDER CONSTRUCTION 24 28 ● PLANNED 1 2 66 PARKS/OPEN SPACE 695 ● 3a 3b 16 4 30 35a 31 57 17b 25 33 5 18 17a 9 26 35b 60 37 53 VA AVE 17c 56 GARDENS 11 62 58 19 10 PARK CANAL 35c 34 20 22 27 59 36 55 23 21 29 32 61 54 6 63 40 44a 43 43 47 52 45 48 50 41 7 44b 38 65 46 42 8 44c 47 47 39 695 47 51 68 47

47 WASHINGTON WASA 67 WASA 49a 49b 49c NAVY YARD NATIONALS THE YARDS PARK PARK

N G / P R O T I P O I S S E X D E R I 11TH STREET V E BRIDGE R W DIAMOND TEAGUE A L K 12 PARK & PIERS

FREDERICK 3b. 909 half stREET 9. 1000 FIrst STREET 15. 2100 2ND STREET SW DOUGLASS Ruben Companies Akridge Monday Properties BRIDGE Residential: 400 units Mixed Use: 220,000 SF Office: 592,000 SF

14 4. THE 909 10. 1111 NEW JERSEY 16. congressional JP Morgan Asset Mgmt. Donohoe square Residential: 237 units 211,000 SF DRI Development 13 Retail: 6,000 SF Mixed Use: tbd Office: 795,000 SF Retail: 30,000 SF 14 5. 1000 SOUTH CAPITOL 11. 1100 SOUTH CAPITOL PEPCO Lerner Ruben Companies 17a. square 699N Office: 320,000 SF Office: 350,000 SF Toll Brothers Retail: TBD Retail: TBD Residential: TBD 15 64 6. 55 M STREET 12. RIVERFRONT ON THE 17b. VELOCITY PHASE II Monument Realty ANACOSTIA Toll Brothers Office: 275,000 SF FRP Development/MRP Realty Residential: 250 apt. units Retail: 15,000 SF Office: 325,000 SF 1. THE JEFFERSON Retail: 50,000 SF 17c. velocity condos JP Morgan Asset Mgmt. 7. Half Street HOTEL Residential: 575 units Residential: 200 units Residential: 448 apt. units Monument Realty Hotel: 325 rooms 196 Rooms 18. 1015 HALF STREET 2. THE AXIOM Retail: 5,000 SF 13. 1900 HALF STREET SW Prudential JP Morgan Asset Mgmt. Douglas Development Office: 379,000 SF Residential: 246 apt. units 8. MONUMENT Office: 477,562 SF Retail: 21,000 SF RESIDENTIAL 3a. 950 S. Capitol ST Monument Realty 14. 100 V STREET SW 19. ONYX ON FIRST Ruben Companies Residential: 340 units Akridge Faison/Canyon-Johnson Use: TBD Retail: 30,000 SF Mixed use: 2.7 million SF Residential: 266 apt. units

24 20. 50 M STREET 34. 400 M STREET 44c. Ballpark Hotel 56. 1099 8TH STREET Monument Realty DCHA/Urban Atlantic/Forest City Capitol Riverfront Hotel LLC G Properties Office: 135,000 SF Residential: 138 apt. units Hotel: 160 rooms Retail: 10,000 SF Retail: 5,000 SF 35a,35b,35c. MULTI-FAMILY 45. Twelve 12 4th STREET 57. 719 Virginia Avenue 21. 100 M STREET HOUSING Forest City Washington National Community Church Northwood Investors DCHA/Urban Atlantic/Forest City Residential: 218 units Mixed Use: TBD Office: 225,000 SF Residential: 613 units Retail: 88,000 SF Retail: 15,000 SF (includes Harris Teeter, VIDA) 58. ACC Multi-family 36. 600 M STREET SQ 882 22. 80 M STREET DCHA/Forest City 46. BOILERMAKER SHOPS DCHA/Urban Atlantic Wells REIT Office: 484,780 SF Forest City Washington Residential: 189 units Office: 275,352 SF Retail: 15,000 SF Retail: 33,540 SF Office: 12,000 SF 59. Van Ness 23. 20 M STREET 37. MARINE BACHELOR Elementary School Lerner ENLISTED QUARTERS 47. The Yards, DC Government Office: 180,633 SF Dept. of Navy Future Dev. Parcels Existing: Office Use Retail: 10,000 SF Res: 166 dorms, sports field, Forest City Washington rehearsal hall & parking garage Mixed use: 3.2 million SF 60. ACC Community Center 24. 800 NEW JERSEY DCHA/Urban Atlantic William C. Smith & Co. 38. MARITIME PLAZA I & II 48. FACTORY 202 Community: 18,000 SF Mixed use: 900,000 SF COPT Forest City Washington Office: 345,000 SF Residential: 250 units 61. Carroll 25. CAPITOL HILL Apartments TOWER CO-OP 39. MARITIME PLAZA III, IV, V 49a. LUMBER SHED DCHA Residential: 344 co-op units Lincoln Property Co. Forest City Washington Residential: 60 units Retail: 9,500 SF Office: 350,000 SF Office: 17,350 SF Hotel: 200 rooms Retail: 17,350 SF 62. 41 L Street 26. COURTYARD BY MARRIOTT PUD allows 2 more office WMATA Chesapeake Lodging Trust bldgs. & 1 hotel 49b, 49c. P2a & p2b Mixed Use: tbd 204 rooms pavilions Retail: 4,000 SF 40. 25 M STREET Forest City Washington 63. 1 M Street Akridge Retail: 22,800 SF Monument Realty 27. FEDERAL GATEWAY I Office: 243,000 SF Office: 310,000 SF William C. Smith & Co. Retail: 18,000 SF 50. BUILDING 74 Retail: 15,000 SF Office: 293,000 SF Forest City Washington Retail: 18,000 SF 41. 1201 HALF STREET Residential: Townhouses 64. Marina Place Akridge Buzzards Point LLC 28. 200 I Street Office: 115,000 SF 51. FOUNDRY LOFTS Residential: 99 units DC Govt./StonebridgeCarras Retail: 10,000 SF Forest City Washington Retail: 2,047 Office: 350,000 SF Residential: 170 apt. units 42. AKRIDGE RESIDENTIAL Retail: 10,000 SF 65. BUILDING 170 29. 250 M AT CANAL PARK Akridge JBG William C. Smith & Co. Residential: 280 units 52. 1333 M STREET Retail: 7,000–11,000 SF Office: 213,000 SF Retail: 22,000 SF Cohen Companies Retail: 12,000 SF Mixed Use: 815,000 SF 66. PARK CHELSEA 43. U.S. DEPT. OF William C. Smith & Co. 30. MULTI-FAMILY HOUSING TRANSPORTATION 53. ADMIRAL AT Residential: 430 units DCHA/Urban Atlantic/Forest City JBG BARRACKS ROW Retail: 1,500 SF Residential: 322 units Office: 1,350,000 LSF Old City Development, LLC 67. SQUARE 744S Retail: 22,300 SF Office: 19,000 SF 31. CAPPER SENIORS Retail: 3,000 SF DC Water/DC Govt. DCHA/Urban Atlantic 44a. Square 701 Office Forest City Residential: 162 units Skanska 54. 900 M STREET Mixed Use: tbd Office: 224,000 SF Paramount Investments 32. 300 M STREET 68. The Yards, Parcel N Retail: 11,000 SF Retail: 7,480 SF Potomac Investments Forest City Washington Office: 278,500 SF 44b. Square 701 55. THE CAR BARN Residential: 325 units Retail: 3,000 SF Residential and Hotel Madison Marquette Retail: 21,000 SF Grosvenor Americas Existing: Charter Schools/office 33. CAPITOL QUARTER I & II Residential: 285 units Planned Retail: 94,400 SF DCHA/EYA Hotel: 170 rooms Residential: 323 townhouses Retail: 32,000 SF

25 The roof terrace at 1015 Half Street, SE

STATE OF THE FRONT Office

The Capitol Riverfront absorbed 350,000 square feet of government owned and occupied space with the completed renovation of 200 I Street, SE that is now home to an estimated 1,200 – 1,400 employees within the DC Office of the Chief Technology Officer, DC Child and Family Services Agency, DC Commission on the Arts and Humanities, and the DC Office of Motion Picture and TV Development. As of November 2012, the Capitol Riverfront experienced negative Mayor Gray and Councilmember Wells share a laugh during the ribbon cutting net absorption of (37,628) office square feet of 200 I Street, SE. of privately owned and rented buildings. This mirrors limited office leasing activity in the entire

The U.S. Department of Washington, DC metropolitan region over the Transportation HQ in the past year due largely to the looming threat of Capitol Riverfront Federal government sequestration which reduced, delayed or eliminated many office tenants’ need for additional space. 2012 OFFICE DEVELOPMENT Highlights

▶ Dutko Grayling signed a lease and moved into 15,500 SF ▶ The DC Government and StonebridgeCarras completed the at 100 M Street, SE renovation of 200 I Street, SE into 350,000 SF of office space that is now home to the DC Office of the Chief Technology ▶ DC Water signed a lease and moved into 16,450 SF at Officer, DC Child and Family Services Agency, DC Commission 80 M Street, SE. on the Arts and Humanities, and the DC Office of Motion Picture and TV Development.

2012 OFFICE DEVELOPMENT

Market Source: Capitol Riverfront BID, November 2012

Existing Existing Total Under Total Privately Owned, Rented Govt. Owned, Occupied Construction Planned 4,700,040 (30.8%) 2,550,000 (16.7%) 17,350 (0.1%) 8,004,780 (52.4%)

Historical Absorption, Deliveries, and Vacancies Office Statistics

29.5 27.1 1.5 mil 30% 25.7 BID WASH, DC 20.7 1.2 mil Vacancy Rate* 16.5% 12.8% 20% 15.7 16.5 900k 14.2 YTD Net 10.8 (37,628) SF (318,080) SF 15.9 600k 7.1 Absorption* 12.5 11.6 10% 300k Class A Avg. 0 0% Full Service $46.48 $54.12 Asking Rent PSF –300k ‘01 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 Nov ‘12 Source: CoStar, CBRE November 2012       *Does not include Government owned, occupied space including the 350,000 SF DC Government owned 200 I Street that was completed in 2012 and is fully leased

27 2012 Development: Office

29 NJ AVE 1 I- 295 2 3 4 10 12 5 6 7 8 9 11 13 14 8TH ST M ST 15 18 20 23 19 21 16 17 TINGEY ST

OL ST 22 30 28 APIT Nationals S C Park 11TH ST O S BRIDGE A C T I A N R 24 A I V E R

F. DOUGLASS BRIDGE

27 25 Existing Planned/Future 26 Under Construction Parks/Open Space

3. 1000 S. Capitol 10. 1111 New Jersey Ave 19. Forest City Phase II 24. Riverfront on the Office: 320,000 SF Office: 203,000 SF Office: 1,400,000 SF Anacostia Retail: TBD Retail: 8,000 SF 20. U.S. Dept. of Office: 325,000 SF 6. 20 M Street 11. Federal Gateway I Transportation Retail: 50,000 SF Office: 180,633 SF Office: 293,000 SF Office: 1,350,000 LSF 25. 100 V Street Retail: 10,000 SF Retail: 18,000 SF Retail: 22,300 SF Mixed Use: 2.7 million SF 7. 50 M Street 13. 300 M Street 21. Maritime Plaza I & II 26. 2100 2nd Street SW Office: 135,000 SF Office: 278,500 SF Office: 345,000 SF Office: 592,000 SF Retail: 5,000 Retail: 3,000 SF 22. Maritime Plaza III, IV, V 27. 1900 Half Street SW 8. 80 M Street 14. 600 M Street Office: 350,000 SF Office: 477,562 SF Office: 275,352 SF Office: 484,780 SF 23. 1333 M Street 29. 800 New Jersey Ave 9. 100 M Street Retail: 15,000 SF Mixed Use: 815,000 SF Office: 400,000 SF Office: 225,000 SF 15. 1 M Street 30. Lumber Shed Retail: 15,000 SF Office: 310,000 SF Office: 17,350 SF Retail: 15,000 SF

28 01 02 04

200 I STREET CONGRESSIONAL SQUARE 1015 HALF STREET Office: 350,000 SF Office: 795,000 SF Office: 379,000 SF Retail: 5,000 SF Retail: 30,000 SF Retail: 21,000 SF

05 12 16

1100 SOUTH CAPITOL 250 M AT CANAL PARK 25 M STREET / 1201 HALF STREET Office: 350,000 SF Office: 213,000 SF Office: 370,000 SF Retail: TBD Retail: 12,000 SF Retail: 30,000 SF

17 18 28

55 M STREET SQUARE 701 OFFICE WASHINGTON NAVY YARD Office: 275,000 SF Office: 225,000 SF Office: 2.2 million sF Retail: 15,000 SF Retail: 11,000 SF

29 STATE OF THE FRONT Residential Capitol Quarter phase II was completed in 2012 In 2012, the Capitol Riverfront BID’s estimated population approached 4,000 people as new 909 at Capitol Yards was residents moved into the Foundry Lofts, Velocity acquired by JP Morgan Asset Management Condos, and remaining townhomes in the second phase of the Capitol Quarter development. With the 276 unit Camden South Capitol Apartments that abut the BID’s western boundary scheduled to be completed in the summer of 2013, the Front’s residential population will surpass 4,000 people. With another 648 units under construction and scheduled to be completed in 2014, the Capitol Riverfront’s population will likely surpass 5,000 people in 2015. Currently, 31,906 people are estimated to live within one mile of the Front.* Finally, in 2012 the Capitol Riverfront BID conducted its second annual resident survey and The Foundry Lofts offers 66.8% of resident survey respondents reported unparalleled river views household incomes in excess of $100,000. While a majority of the residential development constructed in the Capitol Riverfront will be market rate housing, currently 14.5% of the total existing and planned units will be leased or sold at some degree of affordability below market rate.

*Source: DC Economic Partnership, ESRI 2011 Estimates 2012 RESIDENTIAL DEVELOPMENT Highlights

▶ Four apartment buildings sold or were put under contract ▶ Construction continued on the 276-unit Camden South totaling over $437 million in investment sales at an average Capitol apartments of $366,000 per unit ▶ Construction continued on the 218-unit Twelve12 4th Street ▶ The rapid lease up of the 170-unit Foundry Lofts at a rate of project at The Yards approximately 23 units per month. ▶ WC Smith broke ground on the 430-unit Park ▶ The completion of the remaining 83 townhouses in Capitol Chelsea apartments Quarter phase II

RESIDENTIAL UNIT & POPULATION Growth

6000    5000 3,874 4000 2,760 3000 2000 1000 0 2008 2009 2010 2011 2012 NOV 2012 2013 2014 2015 2016 2017

Source: Capitol Riverfront BID, November 2012, population estimates and projections based on 1.5 residents per occupied unit and estimated absorption rates

Average Rents/Price PSF Historical Face & Effective Rents PSF

Capitol Riverfront average effective rental rate for new Class $2.72 A high Rise apartments (PSF)   $2.84 Washington, DC average effective rental rate for new Class A $2.89 high Rise apartments (PSF) $2.81 $2.72 $465* Capitol Riverfront average condo price (PSF) $2.25  

** Washington, DC average condo price (PSF) $450 4 1 2 3 4 1 2 3 4 1 2 3 NOV 2009 2010 2011 2012 *Capitol Riverfront BID, November 2012 **Downtown BID, 2011 State of Downtown Report, Delta Associates

31 2012 Development: Residential

2 3 29 6 4 I-295 1 5 5 6 6 7 11b 11a 5 6 6 8 11c 12 30 5 6 9 14 13 10 8TH ST

NJ AVE M ST 24 25 15 16 17 26

OL ST 21 22 18 19 20 23 APIT Nationals S C Park 11TH ST O S BRIDGE 27a A C T I A N R 27b A I V E R

F. DOUGLASS BRIDGE

28

Existing Planned/Future Under Construction Parks/Open Space

1. 909 Half Street 400 units 11a. Toll Brothers tbd 19. The Yards Phase III 4. 909 at Capitol Yards 237 units 11b. Toll Brothers 250 units 20. The Yards Phase II 5. ACC Multifamily 935 units 11c. Velocity Condos 200 units 23. The Yards Phase II 7. ACC Senior Building 162 units 12. Capitol Hill Tower 344 units 25. The Yards: Factory 202 250 units 8. Marine BEQ 166 units 13. Onyx on First 266 units 26. The Yards: Building 74 9. ACC Multifamily 189 units 14. 41 L Street tbd 27b. Riverfront On The Anacostia 10. 400 M Street and Carroll 16. Half Street 340 units 375 units Apartments 198 Units 18. The Yards Phase III 28. Marina Place 99 units 30. 1111 New Jersey 310 units

32 2/3 06 15

JEFFERSON/AXIOM AT CAPITOL QUARTER TOWNHOMES AKRIDGE AT HALF STREET CAPITOL YARDS EYA, 323 units akridge, 280 units JP Morgan asset management, 694 units

17 21 22

SQUARE 701 FOUNDRY LOFTS THE YARDS, PARCEL N GROSVENOR, 285 units forest city washington, 170 units forest city washington, 325 units

24 27a 29

TWELVE12 4TH STREET RIVERFRONT ON THE ANACOSTIA PARK CHELSEA forest city washington, 218 units florida rock/mrp realty, 200 units wc smith, 430 units

33 Twelve12 4th Street at The Yards

STATE OF THE FRONT Retail,

Fans enjoy a game at Nationals Park Hospitality, & Entertainment

In 2012, there were approximately 50,000 SF of retail leases signed in the Capitol Riverfront, including a 28,000 lease by VIDA Fitness at Twelve12 4th Street, SE that will also include a Bang Salon and Aura Spa. Other signed leases include Osteria Morini by award winning chef Michael White, Agua 301, Gordon Biersch, and Wagtime Too. Driven largely by the success of the Washington Nationals baseball club, the Capitol Riverfront hosted its highest number of annual visitors to date with an estimated 2.6 million visitors to baseball games and other events such as the Bruce Springsteen concert at Nationals Park, the Navy Museum, and special events at Yards Park.

Potbelly Sandwich Shop opened in March of 2012 1. ▶ ▶ ▶ ▶ Highlights 2012 RETAIL DEVELOPMENT 11. 10. 9. 8. Starbucks 7. 6. 5. 4. 3. 2. 17. 16. 15. Ballpark 14. Nationals 13. 12. 19. 18.

Hosted an estimate 2.6 million visitors Hosted anestimate2.6million Wagtime Too openedfor business ThaiKruba and Sushi, Potbelly SandwichShop, and joinotherrestaurantsand will openingin2013 Osteria Morini, Agua301, andGordon signedleases Biersch Twelve12 4thStreet, SEinThe Yards Foresta BangSalonandAura Spaat Washington’s City VIDA alsoinclude will Fitness signeda28,000SFleasethat

Justin’s Café andBar 38Espresso Bar Lot Fairgrounds OutdoorMarket Park Tavern Potbelly, Thai Kruba andSushi Aura Spa(2014) Vida Fitness, BangSalon, and (2014) TeeterHarris Store Grocery (Osteria Morini, Agua301, andmore) Lumber ShedBuilding and more) Bakery, Willie’s Brew &Que Brewery, Bluejacket including Buzz Boilermaker Shops(Sixrestaurants Casa degliAngeliCasa B&B by Marriott Courtyard Cava andmore) Matchbox, BelgaCafé, restaurants including RowBarracks (Over 30 Deli/MarketCornercopia Harry’s Reserve Congressional Dry Cleaners Congressional Dry CVS, Five Guys, Subway Ship USS Barry Navy Yard Museumand 31 31

S CAPITOL ST 23 28 7 22 14 29 10 oio Pizza 25. Dominos 24. 23. McDonalds 22. Splash CarWash 21. 20.

11 E AV 27 NJ

izig Express Sizzling Wrenn's BarberShop Dogma DogDayCare, Al's Deli, Chicken Tortilla Café,Port Quiznos, 19 15 26 18 35 9 8 6 12 16 2 Total VisitorstotheCapitolRiverfront* other specialevents on attendancetoevents NationalsPark, at theNavyMuseum, and BID, Riverfront *Capitol November 2012estimatedvistortotalbased 5 1 181,000 24

2007

4 I- 3

5 29 M ST 2.5 mil 2008 17 13 20 21 2 mil 8TH ST 2009 31. Too 30. Wagtime 29. 28. 27. 26. 32. 30

Bank of America Bank of Wells Fargo Bank Sun Trust Bank, Gordon Biersch OneBank Capital Potomac Avenue TeeterHarris at Safeway Waterfront at Station 25 1.9 mil 2010 2.2 mil 2011 32 2.6 mil 2012 13. 12. 11. 10. 9. 8. 7. 6. 5. 4. 3. 2a. 2. 1. McDonalds

2012 Development: & Hospitality Retail, Entertainment,

SunTrust Bank 50 MStreet Wells Fargo Bank 41 LStreet SC 1100 Marriott Courtyard Tower Hill Capitol & Justin's Cafe Street 1015 Half Harry’s Reserve Congressional Square Street 909 Half Park Chelsea 800 New Jersey Ave 43 43 42 42

S CAPITOL ST 25 25 9 9 1 1 26 26 11 11 6 6 3 3 10 10 40 40 27 27 27 27 41 41 12 F. 12 14. 16. 15. 17. 18. 19. 24. 23. 22. 21. 20. 25. 27a. 4 4 a a DOUGLASS b b

7 7

BRIDGE 28 28

E AV NJ

quiznos, Café, Port Chicken Tortilla, 13 13

Capital OneBank Capital CVS, Five Guys, Subway, 1111 New Jersey Ave 250 MatCanalPark Sizzling ExpressSizzling 600 MStreet Domino’s Pizza/Wag Time Too The Admiral RowBarracks Al’s Deli, Wrenn’s BarberShop Barn Blue Castle/Car 1333 MStreet Bank of America Bank of 1 MStreet 5 14 14 46 29 29 2a 2 2 8 8 15 15 45 45 32 32 47 A 47 30 30 35 N 35 16 16 33 A 33 36 36 a/ C 17 17 b 44 34 34 39 39

O

37 37 S M ST

31 31 38 38 T TING

36

I

A I-

EY

5 29 R

18 18 ST

I V

Under Construction Construction Under Existing E

19 19 R 21 21 20 20 8TH ST 22 22 23 23 46. 44. 43. 42. 41. 40. 38. 37. 36a. 35. 33. 32. 30. 29. 28.

Starbucks

Cornercopia Potbelly Square 744S 100 VStreet Marina Place RiverFront ontheAnacostia Nationals Park The Yards Phase II The Yards Parcel N The Yards Phase II 170 Building Tingey Plaza The Yards Phase III Square 701 BRIDGE 11TH ST 24 24 - Potential Movie Theater Site

Parks/Open Space Planned/Future 13 45 47

GORDON BIERSCH LOT 38 ESPRESSO BAR PARK TAVERN 8,200 SF (OPENING IN 2013) 1,800 SF 3,000 SF (OPENING 2013)

26 27b 31

AKRIDGE AT HALF STREET HALF STREET TWELVE12 4TH STREET 50,000 SF 50,000 SF, 196 HOTEL ROOMS 88,000 SF (HARRIS TEETER, VIDA FITNESS, OPENING 2014)

34 36b 39

BOILERMAKER SHOPS KRUBA THAI AND SUSHI LUMBER SHED AT THE YARDS 45,500 SF (INCLUDES BLUEJACKET BREWERY, 3,500 sf 15,000 SF (OSTERIA MORINI, AGUA 301, BUZZ BAKERY, willie's brew & que, wells OPENING 2013) cleaners OPENING 2013) 37 STATE OF THE FRONT Parks, Open Space, & Environmental The River Street gardens in Yards Park

Opening Day at Canal Park Sustainability

The Front is the only neighborhood in the District of Columbia that has witnessed the opening of three new public parks since 2009: Diamond Teague Park with water taxi piers (2009); the 5½-acre riverfront Yards Park (2010); and Canal Park, a three block park model of environmental sustainability and storm water retention (2012). These three parks not only provide access to the river and recreation opportunities, but also serve as the front yard for the Capitol Riverfront neighborhood and are integral to create community and a sense of place in the Front. Additionally, the Capitol Riverfront is home to a continuous one-mile riverwalk trail that is publicly accessible between the ballpark/Diamond Teague Park and the 11th Street bridges. The Front is also home to more than 30 existing or planned LEED- certified buildings, the largest green roof in DC on the U.S. DOT building (65,000 SF), a LEED for neighborhood development project at The Yards, the first LEED-certified stadium in the country, and one of the largest LEED for homes projects in the country at Capitol Quarter.

People cool off during a hot summer day in the wading pool at Yards Park 2012 PARKS DEVELOPMENT Highlights

▶ Completion and opening of the 3-acre Canal Park which includes the Park Tavern restaurant, seasonal ice skating rink, water features, kid’s play area, open lawn, and an advanced storm water retention system that includes two underground cisterns with a combined capacity of 80,000 gallons of water which will be recycled and reused on site for 95% of the Park's water needs.

▶ Permits issued for a 34KW photovoltaic solar electric system on the roof of 400 M Street, SE by Urban Atlantic The sculptural bridge, light tower, and wading pool at Yards Park

Completed in 2012, Canal Park offers a seasonal ice skating rink in winter months

39 2012 Development: Parks

NJ AVE I-295

1 2 8TH ST M ST 3

OL ST 5

APIT Nationals 4

S C Park 8 7 11TH ST 9 BRIDGE O S 6 A C T I A N R A I V E R F. DOUGLASS BRIDGE

Parks/Open Space Riverwalk

The Capitol Riverfront is home to:

▶ Three new parks: Diamond Teague Park & Piers, ▶ The first LEED-certified stadium in the country Yards Park, and Canal Park ▶ A LEED for Neighborhood Development project at The Yards ▶ More than 30 existing or planned LEED-certified buildings ▶ One of the largest LEED for Homes project in the country ▶ The largest green roof in DC on the at Capitol Quarter U.S. DOT building (65,000 SF) ▶ One mile continuous riverwalk trail

40 01 02 03

CANAL PARK JOY EVANS BEFORE & AFTER VIRGINIA AVENUE PARK & SCHOOL DAY CARE COMMUNITY GARDEN

04 05 06

BOATHOUSE ROW TINGEY PLAZA / TINGEY SQUARE DIAMOND TEAGUE PARK & PIERS

07 08 09

RIVERWALK TRAIL CONNECTION THE YARDS PARK ANACOSTIA RIVERWALK TRAIL

41 1100 New Jersey Avenue, SE, Suite 1010 Washington, DC 20003 FIND US ON 202.465.7093 [email protected] @CapitolRvrfront www.capitolriverfront.org