CAPITOL RIVERFRONT 2014 ANNUAL MEETING @ CapitolRvrfront @ CapitolRvrfront #CRBID2014 #CRBID2014
CAPITOL RIVERFRONT BID BOARD OF DIRECTORS @ CapitolRvrfront #CRBID2014
CAPITOL RIVERFRONT BID PROFESSIONAL STAFF Tammy Shoham Dan Melman Michael Stevens Lyndsey Gore Renan Snowden Bonnie Wright Otis Williams
CLEAN AND SAFE TEAM AWARDS Capitol Riverfront BID @ CapitolRvrfront #CRBID2014
CLEAN & SAFE TEAM WORKS NEIGHBORHOOD PERCEPTIONS HAVE SHIFTED What is your perception of cleanliness and safety in the Capitol Riverfront? 100% 90% 85% 80% 70% 70% 60% 50% 40% 30% 20% 10% 6% 0% 2007 2008 2009 2010 2011 2012 2013 2014 Very Safe or Safe Very Clean or Clean Source: 2014 Capitol Riverfront Perception Survey
CLEAN & SAFE TEAM 2014 ACHIEVEMENTS 12 Clean & Safe Team Members 2 Clean & Safe Team member have been with us since 2007 (when the BID was formed) 28,600 bags of trash collected 1,850 hours of landscaping 16,600 requests for information answered
STATE OF THE CAPITOL RIVERFRONT 2014 Market Overview @ CapitolRvrfront #CRBIDAnnualMeeting
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CAPITOL RIVERFRONT NEIGHBORHOOD be out FRONT
CAPITOL RIVERFRONT IS MULTI-MODALLY CONNECTED 1.8 mile contiguous riverfront trail 5 Capital Bikeshare Stations 10 minute headways on Circulator 9,500 average daily riders at Navy Yard/ Ballpark Metro I-295 & I-395 accessibility #CRBIDAnnualMeeting
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10 MIN WALK CONNECTS YOU TO EVERYTHING 1 B ALLPARK 2 G ROCERY S TORES BY 2017 10 ACRES OF PARKS 27+ RESTAURANTS 4,700 RESIDENTS 32,000 EMPLOYEES 3M VISITORS / YEAR
LIVE | WORK | PLAY 4,700 Residents 32,000 Employees 10 Acres of parks + 1 Ballpark
2 GROCERY STORES AND A GYM NOW OPEN UNDER CONSTRUCTION OPEN 2017 NOW OPEN
27 RESTAURANTS AND GROWING BEFORE 2014 2014 2015 19 8 5 Navy Yard Oyster Company Scarlet Oak The Brig Due South
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COMMUNITY ORGANIZING VAN NESS ELEMENTARY RE-OPENS IN 2015 be out FRONT
15 NEW RETAILERS OPENED IN 2014 WE CELEBRATE YOUR SUCCESSES! Osteria Morini | Recognized as on of DC’s top restaurants by Washingtonian, Eater.com, Food Network, Washington Post, and New York Times Ice Cream Jubilee | Named Best of Washington 2014 by Washingtonian and America's 21 top new ice cream shops by Eater.com Justin’s Café | One of the Capitol Riverfront’s first local, independent restaurants celebrates 5 years of operations in April 2015 The Big Stick | Opened Dec 2014 and is Justin Ross’s 2 nd restaurant in DC TaKorean | Named Best of Washington 2012, Washingtonian top 10 healthiest food trucks 2014 | Opened its flagship store in the Yards in 2014 Vida Fitness | Washington Post Best Fitness Center in DC (2013) | Opened its 6 th location in the Yards, with the first Vida KidsZone, a $70,000 yoga studio, and an interactive cycle studio be out FRONT
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186 EVENTS IN 2014 TOTAL ATTENDANCE: 3 MILLION Average Attendance Total # of Events per Occurance Attendance Nationals Regular Season Games 81 32,000 2,592,000 Concerts at Nats Park (2014: One Direction, Billy Joel, Jason Aldeen) 3 40,000 120,000 Nationals Post Season Games 2 40,000 80,000 Friday Night Concerts @ Yards Park 16 2,500 40,000 Opera in the Outfield 1 18,000 18,000 Truckeroo 8 1,875 15,000 Veg Fest 1 15,000 15,000 Snallygaster 1 9,000 9,000 Tour de Fat 1 7,000 7,000 DC Jazz Fest 1 7,000 7,000 Thursday Night Movies @ Canal Park 11 200 2,200 Vida Fitness Classes in Yards Park 28 68 1,900 Other Events 32 1,400 44,800 Total 186 2,951,900 be out FRONT
NATIONALS DREW 2.7M VISITORS IN 2014 BASEBALL PHOTO be out FRONT
YARDS PARK DREW 75,000 VISITORS IN 2014
VIDA FITNESS @ YARDS PARK 1,900 PARTICIPANTS
FRIDAY NIGHT CONCERTS @ YARDS PARK 40,000 PARTICIPANTS
DC JAZZFEST @ YARDS PARK 7,000 PARTICIPANTS
DINER EN BLANC @ YARDS PARK 1,200 PARTICIPANTS
TOUR DE FAT @ YARDS PARK 7,000 PARTICIPANTS
NOON YEAR’S EVE @ YARDS PARK
CANAL PARK
CANAL PARK
THURSDAY NIGHT MOVIES @ CANAL PARK 2,200 PARTICIPANTS
PARCEL MARKET @ CANAL PARK 5,000 PARTICIPANTS
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RESIDENTIAL, RETAIL, & HOTEL INVENTORY WILL DOUBLE BY 2017 Park Chelsea Arris Gallery at Capitol Riverfront Residential 3,175 3,263 units units Lumber Shed @ The Yards Whole Foods @ 800 New Jersey Showplace ICON Theater Retail 265,000 288,000 SF SF Hampton Inn Courtyard Marriott Hotel Existing in 204 2014 rooms Delivering 533 rooms by 2017
CAPITOL RIVERFRONT WILL ACHIEVE 50% BUILD-OUT BY 2017 Existing & Pipeline Development as a Share of All Planned New Development in the Capitol Riverfront 56% 54% 51% 51% 50% 29% 27% 14% Residentail Retail Hotel Office 2014 2017(Projected) Source: Capitol Riverfront BID Notes: New residential development includes: Park Chelsea (429 units); Arris (327 units); 800 New Jersey (336 units); Gallery at Capitol Riverfront (324 units); Square 701 Apartments (325 units); Lofts at Capitol Quarter (195 units); RiverFront (305 units); 909 Half Street (400 units); 1244 S. Capitol (300 units); Parcel O Apartments (190 units); 82 I Street (234 units) New retail development includes: Arris (21,000 SF); Whole Foods (36,000 SF); Gallery at Capitol Riverfront (11,000 SF); ICON Theater (70,000 SF); Square 701 Retail (43,000 SF); Riverfront (20,000 SF); 82 I St (5,700 SF); 1244 S. Capitol (26,000 SF); 50M (4,800 SF) New office development includes: 99M (227,000 SF) New hotel development includes: Hampton Inn (168 rooms), Square 701 hotel (170 rooms); and Homewood Suites(195 rooms)
NEW APARTMENTS REPRESENTS A LARGE SHARE OF DC’S GROWTH 1,487 2014 Construction Starts in Capitol Riverfront 1 3,233 2014 Construction Starts in D.C. 2 Capitol Riverfront Share of D.C. 46% Construction Starts Sources 1. Capitol Riverfront BID 2. Delta Associates State of the Washington Class A Apartment Market Year-end 2014
CAPITOL RIVERFRONT IS GROWING 4,700 RESIDENTS TODAY, 8,400 BY 2017 be out FRONT
WELCOME DC UNITED! CAPITOL RIVERFRONT GROWING AS A SPORTS DESTINATION Nationals Park Approved DC United Stadium
COMING SOON IN 2015-2016 Residential • 6 new apartments deliver (1,916 units) • 5 new apartments break ground (1,449 units) • 2 new condominium buildings (271units) break ground Retail & Hospitality • 5 new restaurants open in 2015 • Banfield Pet Hospital opens in 2015 • 56,000 SF retail delivers in 2015-2016 • 185,000 SF retail under construction in 2015-2016 • Hampton Inn delivers (2015) • Homewood Suites and Square 701 hotel break ground (2015) Office • 99M (225,000 SF) under construction in 2015 Recreation • DC United soccer stadium under construction • Construction begins on Yards marina and Showplace ICON theater be out FRONT
accessibility convenience This is what looks like. energy fun & active growth
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