Report
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 […]
Background After six weeks of walking the streets of DowntownDC with bottles of water and clipboards in tow, the DowntownDC BID Economic Development team has completed the summer 2014 annual […]
Summary An increase in the number of hotel rooms in the District in 2014 has increased hotel revenue in the months of May through June, but it has slightly decreased […]
The DowntownDC BID area is one of the nation’s most dynamic, mixed-use, downtown economies. The strength of D.C.’s Downtown economy is rooted in the stable employment base that exists in […]
Background The DowntownDC Business Improvement District produces studies almost every other year on the net fiscal impact of Downtown D.C. (the DowntownDC BID-area and the Golden Triangle Business Improvement District […]
Background The 20,674 seat Verizon Center opened in 1997 (then called the MCI Center) in the Chinatown neighborhood of Downtown D.C. The sports arena was privately financed and cost $220 […]
The fundamentals of the Downtown economy are strong, despite experiencing modest declines in several sectors. This economic stability exists because the DowntownDC BID area, and D.C., benefits from the still […]
As the city’s premier destination center, DowntownDC radiates with vivacity, culture and energy. DowntownDC is remarkable and hip with a fresh attitude focused on quality, accessibility, sustainability and profi tability. […]
2011 was a strong year for the DowntownDC BID area and DC economies. The basic building blocks of any economy—employment and population—grew at a robust rate in both absolute and […]
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