The District’s current financial condition is excellent.  The financial highlights of 2013 include: A $321 million budgetary surplus for fiscal year 2013. An upgraded District general obligation bond rating by […]

The DowntownDC BID is attracting more people to work, visit and live in Downtown with new retail openings, varying transportation options, a dramatic and sustained decline in crime, more high-end […]

The building of CityCenterDC’s apartments and condominiums was the 2013 highlight for Downtown housing. The development’s 458 apartments and 216 condominiums were almost complete in the fourth quarter of 2013, […]

The DowntownDC BID area and D.C. are historically very strong office markets on a regional, national and international basis. However, Downtown and D.C. occupancy and rent growth performance declined significantly […]

The opening of luxury luggage store Tumi at Hines’ CityCenterDC was the retail highlight of 2013 as the first of over 25 high-quality destination retailers opening at CityCenterDC through 2014. […]

Seven development projects totaling $693 million were completed in Downtown in 2013. The development highlight was the completion of the office, retail and parking portions of CityCenterDC, the site of […]

Attendance to cultural and entertainment venues and events in Downtown set a new record in 2013 at almost 9.6 million visitors, up 2.5 percent from 2012. The increase was due […]

Downtown D.C.’s built environment and infrastructure are the backbone of its competitiveness as a sustainable place to invest, work, live and visit. Its transportation infrastructure provides unparalleled access from all […]

The District’s employment grew by 10,400 jobs in 2013, or 1.4 percent, however, DowntownDC BID area employment is estimated to not have changed in 2013 from its 2012 level of […]