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Ward 5: Development Trends

Ward 5: Development Trends. South Dakota Avenue. Rhode Island Avenue. North Capitol Street. New York Avenue. Ward 5: Transportation. Four Metrorail Stations = 24,626 avg. weekday exits*. New York Avenue, NE = 115,500 cars per day**. Brookland Walk Score = 94.

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Ward 5: Development Trends

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  1. Ward 5: Development Trends South Dakota Avenue Rhode Island Avenue North Capitol Street New York Avenue

  2. Ward 5: Transportation Four Metrorail Stations = 24,626 avg. weekday exits* New York Avenue, NE = 115,500 cars per day** Brookland Walk Score = 94 *Fiscal Year 2010 (Annual Averages: July 09 - June 10); **avg. annual weekday volumes (2008)

  3. Ward 5: Demographics 3-miles* Population 309,264 Food at Home ~$550 mm Food away from Home ~$393 mm *1402 Rhode Island Avenue NE (ESRI, 2010 Estimâtes & Projections)

  4. Ward 5: Development Cycle (by total sq. ft.) Completed (since 1/2001) Under Construction Pipeline 18% 77%

  5. Ward 5: Development Trends Under Construction Completed (since 1/2001) Pipeline TOTAL # of Projects Total SF Hotel Rooms Office SF Retail SF Residential Units Est. Project Cost 34 19,205,700 491 1,465,361 1,677,190 6,720 $5.0 B 6 1,287,196 0 0 75,000 987 $343 M 60 4,396,062 251 0 242,000 1,981 $1.1 B 100 24,888,958 742 1,465,361 1,994,190 9,688 $6.5 B *Projects have a minimum valuation of $5 million dollars – December 2010

  6. Residential Development (under construction + pipeline) Residential Units > 10,000 7,500 – 10,000 5,000 – 7,500 2,500 – 5,000 < 2,500 Ward 5 ~ 7,700 housing units

  7. Ward 5: Residential Dev.(under construction + pipeline) Residential Units South Dakota Avenue Rhode Island Avenue North Capitol Street New York Avenue

  8. Retail Development(under construction + pipeline) Retail Sq. Ft. > 2 mm sf 1.5 – 2 mm sf 1 – 1.5 mm sf < 1 mm sf Ward 5 ~ 1.8 mm sf of retail

  9. Ward 5: Retail Development(under construction + pipeline) Retail SF South Dakota Avenue Rhode Island Avenue North Capitol Street New York Avenue

  10. Ward 5: New York Avenue, NE Shops at Dakota Crossing 430,000 retail sq. ft. Square 4268 16 acres Hecht’s Warehouse 15.5 acres Bladensburg Avenue Bladensburg Avenue New York Avenue New York Avenue National Arboretum <2 miles

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