1015 7th street Table of contents DC Market Overview Market Profile: Mount Vernon Triangle The MVT Corridor Demographic + Psychodemographic Profile Storefront Site Plans Access + Visibility SHAW / BROOKLAND WOODLEY PARK HOWARD U CONNECTICUT AVE NW ADAMS MORGAN 16TH STREET 13TH ST NW 13TH ST BLOOMINGDALE RHODE ISLAND AVE NE GEORGIA AVE NW GEORGIA AVE 14TH & U STREET CORRIDOR MIDCITY DUPONT LOGAN CIRCLE CIRCLE CONVENTION MASSACHUSETTS AVE NW UNION MARKET CENTER NORTH FLORIDA AVE NE GEORGETOWN NEW YORK AVE NW CONVENTION CENTER K ST NW MOUNT VERNON K ST NE TRIANGLE H STREET CORRIDOR FOGGY NW ST CAPITOL NORTH BOTTOM NW 9TH ST WHITE VERIZON HOUSE CENTER EAST UNION END STATION DC MARKET OVERVIEW CONSTITUTION AVE NW CAPITOL HILL Washington DC is a city of unique, vibrant neighborhoods connected NATIONAL MALL by a comprehensive and multi-modal mass transit system. Thanks to strong infrastructure and major employment generators, Mount INDEPENDENCE AVE SW Vernon Triangle, along with the District as a whole, is experiencing extensive growth in the residential, commercial, and entertainment sectors. The nation’s capital – with Mount Vernon Triangle as one of its most vibrant neighborhoods – is widely recognized as one of the EASTERN MARKET / most progressive cultural and economic powerhouses in the nation. BARRACKS ROW MOUNT VERNON TRIANGLE A 24/7 neighborhood with abundant restaurants, entertainment destinations, office space, and residential living, Mount Vernon Triangle is fast becoming DC’s new downtown. Easily accessible from the Red, Yellow, and Green Metro lines, the Triangle’s entertainment and cultural destinations draw visitors from across the DC metro area and from around the globe. With thousands of employees and residents that call Mount Vernon Triangle home, the neighborhood has become the new place to be in the District. Over a dozen Zagat- rated restaurants within a¼ mile radius. WINE + DINE 49,312 employees work within a ½ mile radius. WORK 220 events a year at the 20,000-seat Verizon Center – from Lady Gaga concerts to Caps games. GO OUT More than one million Access to six Capital Multiple VIDA Fitness More than 4,200 people attended DC Bikeshare stations and locations and high residential units recently conventions, meetings, three Metro lines intensity gym District developed or being and tradeshows in 2011. within a ½ mile. CrossFit just blocks away. developed in a ½ mile. MEET GET GET LIVE AROUND PUMPED KEY RECENT & FUTURE DEVELOPMENTS WITHIN ½ MILE CORRIDOR MAP KEY Future & Recent Developments A CityCenterDC I Yale Lofts R 459 Eye Street CORRIDOR MAP 295,000 SF Retail 224 Apartments 170 Apartments Entertainment Destinations 515,000 SF Office 460 New York Ave Dept. of Veterans Affairs Key Retail 458 Apartments J S Just north of retail and entertainment destinations F Street and 63 Condominiums 26,353 SF Retail Capital Bikeshare Station 216 Condominiums 361,647 SF Office Chinatown via 7th Street, the Mount Vernon Triangle neighborhood Meridian at MVT K Mount Vernon Triangle Boundary is coming into its own. Anchored by City Vista and its brand new B Marriott Marquis 390 Apartments 285,434 SF V.A. Office 1,175 Hotel Rooms T 300 K Street Safeway grocery store, Mount Vernon Triangle is experiencing a wave of L 400 New York Ave C Square 450 340 Apartments 25,000 SF Retail residential and mixed-use development, with K Street as its main street. 8,000 SF Retail 500,000 SF Office 300,000 SF Office M CityVista 115,000 SF Retail U 455 Mass D 635 Mass Ave 244 Apartments Retail Space 18,000 SF Retail 441 Condominiums 250,000 SF Office 450,000 SF Office V 401 & 425 Mass N 450 K Street ¼ MILE E 600 Mass Ave 7,000 SF Retail 559 Apartments Retail Space 1 ½ MILE 233 Apartments W Madrigal Lofts 380,000 SF Office 259 Condominiums O 440 K Street F Square 483 CONVENTION I 9,500 SF Retail X 255 H Street CENTER 30,000 SF Retail 234 Apartments 325 Apartments 575,000 SF Office 400 K Street Y The Sonata H 550 K Street P G 12,500 SF Retail 75 Condominiums L Retail Space 250,000 SF Office K Z Air Rights Tunnel Project J 465 New York Ave C H Q Arts at 5th & Eye 2,300,000 SF B 2 181 Hotel Rooms 7 6 10,000 SF Retail 5 350 Hotel Rooms 4 8 3 9 M KEY TENANTS WITHIN ¼ MILE F 10 15 11 12 13 14 1 Subway 14 Mandu 27 Starbucks 1127 7th Street 453 K Street 800 7th Street 17 D 16 G N O P 2 Passenger 15 VIDA Fitness 28 Matchbox 1021 7th Street 445 K Street 713 H Street 18 21 T 22 3 Living Social 16 Arnold & Porter 29 Asian Spice 20 Q R S 1005 7th Street 635 Massachusetts Ave 717 H Street 19 E 23 4 N.Y. Avenue Beach Bar 17 Acadiana 30 Cuba Libre U W 645 New York Ave 901 New York Ave 801 9th Street V Y District CrossFit FedEx PNC Bank A 24 31 5 18 31 25 635 New York Ave 800 K Street 833 7th Street 30 32 X 26 33 6 Safeway / Starbucks 19 Ping Pong Dim Sum 32 Hooters 490 L Street 900 7th Street 825 7th Street 29 28 27 34 35 7 Capital One 20 VIDA Fitness/Starbucks 33 Nando’s Peri-Peri 1075 5th Street 999 9th Street 819 7th Street 8 Sweetgreen 21 Blackboard 34 Walgreen’s / YO! Sushi / 1065 5th Street 650 Massachusetts Ave Panera Bread 801 7th Street Z 9 Ace Hardware 22 Cafe Phillips 1055 5th Street 650 Massachusetts Ave 35 Vapiano 623 H Street 10 Chipotle 23 TD Bank 1045 5th Street 901 7th Street VERIZON AMER. ART MUSEUM CENTER 11 Busboys & Poets 24 Goethe-Institut + NAT’L PORTRAIT NAT’L BUILDING Z 1025 5th Street 812 7th Street GALLERY MUSEUM 12 Taylor Gourmet 25 RFD Washington 485 K Street 810 7th Street 13 Kushi 26 Fado Irish Pub 465 K Street 808 7th Street Z Popula�on (2008) DEMOGRAPHICS + PSYCHODEMOGRAPHICS The demographic profile in the area is extremely strong, as is the growth rate, both past and projected. With continued development in DC expected to remain strong – especially in Mount Vernon Triangle – these numbers will continue to move$ in a positive direction. Additionally, as more development moves into the area, the profile of the “typical” residentPer is Capitachanging. Income With a solid (2008) core of mature professionals, young urbanites with more expendable income to shop and dine out are giving the area a more youthful, hip vibe. Popula�on (2008) % % % $ Popula�onPOPULATION (2008) GROWTH GROWTH PROJECTED GROWTHPer CapitaAVG HH Income INCOME (2008)MEDIAN HOUSING VALUE DAYTIMEPopula�on POPULATION (2008) 2013 2000 - 2010 2010 - 2013 2013 - 2018 2013 Households 2013 (2008) 2012 QUARTER MILE 6,426$ 45.96% 11.54% 15.89% $95,517 $426,488 10,406$ HALF MILEPer Capita19,044 Income (2008)40.64% 10.70% 15.18% Households$103,367 (2008) $422,676 Per Capita49,312 Income (2008) $ $ $ $ $ $ WHILE DEMOGRAPHICS ARE FACTS AND FIGURES ABOUT INCOME, EDUCATION,Average HH Income POPULATION (2008) AND THE LIKE, PSYCHODEMOGRAPHICS INDICATE THE TRUE NATURE$ OF$ HOW$ A$ POPULATION$ $ LIVES. Households (2008) Average HH Income (2008) Households (2008) BOHEMIAN MIX YOUNG DIGERATI AMERICAN% DREAMS $ $ $ $ $ $ % Projected Popula�on $ $ $ $ $ $ 2,501 HOUSEHOLDSAverage HH Income *(2008) 1,886 HOUSEHOLDS* Projected Popula�on 1,486 HOUSEHOLDSAverage HH Income* (2008) Growth (2008-2013)Growth (2008-2013) A collection of mobile urbanites, Young Digerati are tech-savvy and live American Dreams is a living example Bohemian Mix represents the nation’s in fashionable neighborhoods on the of how ethnically diverse the nation most liberal lifestyle. Its residents urban fringe. Affluent, highly educated, has become: just under half the are an ethnically diverse,% progressive and ethnically mixed, Young Digerati residents are Hispanic, Asian,% or Projected Popula�on Projected Popula�on mix of young singles, couples, and communities are typically filledMedian with Housing African-American. In these multilingual Growth (2008-2013) Growth (2008-2013) families ranging from students to trendy apartments and condos, fitnessValue (2008) neighborhoods – one in three speaks a professionals. In their funky row clubs and clothing boutiques, casual languageMedian other Housing than English – middle- houses and apartments, Bohemian restaurants and all types of bars – from aged immigrants and their children Mixers are the early adopters who are juice to coffee to microbrew. liveValue in upper-middle-class (2008) comfort. quick to check out the latest movie, nightclub, laptop,Median and microbrew. Housing Median Housing Value (2008) *ValueIN A (2008)HALF MILE the storefront site plans lower level second floor ground floor third floor 7TH STREET M STREET NW M STREET NW ACCESS + VISIBILITY MT VERNON SQUARE 1015 7th Street is easily accessed by several of the most important 3,813 transportation corridors in the city—7th Street (known as Georgia Avenue AVG WEEKDAY RIDERS to the north, and a direct connection to the East End entertainment core), New York Avenue / Route 50, Massachusetts Avenue, L Street, and K Street—Mount Vernon Triangle’s main street. Visibility is unobstructed from both the Convention Center and Mount Vernon Square. Access is also available via the Mt. Vernon Square / 7th Street-Convention Center Metro station and several Capital Bikeshare stations. 7,300 VPD L STREET NW 7TH STREET NW 7TH STREET CONVENTION 31,100 VPD CENTER NEW YORK AVE NW 5TH STREET NW 5TH STREET 10TH STREET NW 10TH STREET NW 9TH STREET K STREET NW 9,700 VPD 25,200 VPD MASSACHUSETTS AVE NW 2 WAY TRAFFIC 18,300 VPD SPECIAL VIEWS CAPITAL BIKESHARE THE OPPORTUNITY 1015 7th Street is a premier new property in Mount Vernon Triangle.