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Annual Report 2012 Milestones: Five Years in the Capitol Riverfront BID

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Annual Report 2012 Milestones: Five Years in the Capitol Riverfront BID 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. Anacostia 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 United States. 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 Anacostia River. 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
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