Economic Development

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Economic Development

About the Department

The DowntownDC BID’s economic development efforts help grow and diversify the Downtown economy. The Economic Development Department offers research about the Downtown economy, fosters public/private partnerships, and assists investors, developers and policymakers in their decision-making.

The research is compiled and distributed in the following publications:

  • State of Downtown Report: The State of Downtown Report offers a comprehensive analysis of the Downtown economy in order to better inform decisions for many key Downtown stakeholders: DowntownDC Business Improvement District (BID) members (the General Services Administration, private property owners and tenants), investors, developers, retailers, brokers, theaters, museums, non-GSA federal government officials, elected D.C. government officials and staff, and many more. The State of Downtown report utilizes historical and current data to identify local, regional and national trends and compare D.C. and Downtown to our local and national competitors.
  • Periodic Quarterly Economy Updates: Each year the DowntownDC BID will release a second and/or third quarter economy update  that cover the changes in the economy since the State of Downtown report.
  • DowntownDC Economy Tracking During COVID-19 Health Emergency: The DowntownDC BID is tracking the partially open sectors on a bi-weekly basis during the COVID-19 emergency.
  • Retail & Restaurant Newsletter Archive: INFO HERE