property flyer
Transcription
property flyer
THE EVOLUTION OF ICONIC RETAIL TIMELESS UNFORGETABLE LARGER THAN LIFE Like every great icon – from visionary leaders, to titans of industry, to stars of the silver screen – DISTRICT CENTER is an enduring symbol of quality and style. Occupying an entire city block between 11th, 12th, E, and F Streets NW, the property is completely freestanding, with unobstructed views and tons of natural light. Crafted of the finest Indiana limestone – the same material found in the Jefferson and Lincoln Memorials – the trophy-class building is meticulously finished in beechwood, steel, and glass, with a soaring 12-story atrium at its center. Just one block north of Pennsylvania Avenue, this landmark property stands in the heart of downtown among a growing base of first-class hotels, high-end retailers, premier restaurants, and vibrant nightlife. The retail opportunity at DISTRICT CENTER – landmark spaces home to 96,817 square feet – is a once-in-a-lifetime chance to be part of an iconic transformation, as the building evolves for a new generation of Washingtonians. 2nd oor DISTRICT CENTER stands alone in Washington’s retail market. Located at 555 12th Street, its freestanding design, superior quality, and incomparable location on the most desirable corner in the East End put it in a class by itself. The scale of the individual spaces coupled with the presence of the building put it into a category of its own – DISTRICT CENTER stands on a full city block and contains the largest parcel of available retail space in the city. Retailers seeking a building and position whose sophistication, stature, and iconic status command immediate attention – now is the time to act. ground oor SPACE AVAILABLE: lower level 1 5,000 - 94,356 SF 25,870 SF 21,286 SF P3 LEVEL 27,398 SF t P2 LEVEL ree 19,802 SF lower level 2 h st E STREET / 1 FLOOR ST 11t E STREET / 2 ND FLOOR e street ICONIC DESTINATION Washington, DC has always been a great city, rich in American history, world-class cultural institutions, landmark architecture, and powerful people. But today’s DC is becoming known for other riches – bustling shopping streets, destination dining, international flair, and economic strength. It has recently been named the second most robust investment market in the world, ahead of London, Paris, and Shanghai. DC has the second most expensive office and hotel markets in the nation. DISTRICT CENTER represents a rare blend of historic and 21st Century Washington: a landmark building with a commanding footprint in the heart of the thriving East End, a shopping and entertainment district that draws visitors from across the region and around the world. DISTRICT CENTER represents a rare blend of historic and 21ST CENTURY WASHINGTON REGIONAL TRADE AREA MAP KEY TRADE AREA POPULATION 2014 GROWTH 2010-2014 1 MILE 36,855 13.30% 2 MILES 176,133 11.09% 3 MILES 340,144 9.93% METRO STATION DISTRICT CENTER COLUMBIA HEIGHTS 1 U STREET 50 PROJECTED GROWTH 2014-2019 AVG. HOUSEHOLD INCOME 2014 1 MILE 13.80% $115,690 2 MILES 11.96% $121,342 3 MILES 11.11% $116,151 1 DUPONT CIRCLE GEORGETOWN NOMA CBD MEDIAN HOUSING VALUE 2014 DAYTIME POPULATION 2014 1 MILE $481,494 215,692 2 MILES $506,892 507,766 3 MILES $495,813 651,634 FOGGY BOTTOM ARLINGTON 50 50 EAST END UNION STATION WHITE HOUSE H STREET 395 27,885 riders per day 25,780 riders per day NATIONAL MALL 1 MILE ARLINGTON CEMETERY EMPLOYEES BY INDUSTRY WITHIN 1 MILE CAPITOL HILL 695 2 MILES 395 1 CAPITOL RIVERFRONT / BALLPARK 3 MILES PROFESSIONAL SERVICES 34.7% 39.3% GOVERNMENT ANACOSTIA LEGAL SERVICES 9.0% FINANCE & REAL ESTATE 6.0% 3.7% RETAIL TRADE 7.3% OTHER RONALD REAGAN NATIONAL AIRPORT 395 ALEXANDRIA ICONIC downtown The East End stands alone as the heart and soul of DC. The area has come into its own as A COSMOPOLITAN NEIGHBORHOOD with a vibrant shopping, dining and entertainment scene. The population and visitor profile is growing and changing, attracting a well-heeled global crowd with discerning taste. Chefs, restaurateurs, developers, and shop owners have taken note and have flocked here en masse. Downtown is home to the city’s finest attractions, best shopping, boasting more than 90 Zagat-rated restaurants, nearly a dozen theaters, first-class shopping, museums, galleries, and theaters – all with unparalleled transit access. Indeed, the Downtown area of Washington, DC is the most active transit hub in the entire region. All five lines of the DC Metro converge downtown at the Metro Center and Gallery Place-Chinatown stations (the second and third busiest stops in the Metro system, respectively), as do several bus routes. The central business district is also well-served by the growing Capital Bikeshare program: more than 15% of the over 1.2 million annual Bikeshare trips end in the Downtown DC area. LOCAL TRADE AREA MAP KEY DUPONT CIRCLE SHAW TRADE AREA NOMA METRO STATION 1 50 DISTRICT CENTER CAPITAL BIKESHARE STATION WALTER E. WASHINGTON CONVENTION CENTER EAST END BOUNDARY 29 K STREET NW NE W R YO VE KA NU E NW MOUNT VERNON TRIANGLE 395 3rd Most Traveled Station H STREET CORRIDOR GALLERY PL.-CHINATOWN 25,780 AVG. WEEKDAY ENTRY 2nd Most Traveled Station METRO CENTER 27,885 AVG. WEEKDAY ENTRY FOGGY BOTTOM Most Traveled Station VERIZON CENTER WHITE HOUSE UNION STATION EAST END E STREET NW ¼ MILE PE N 50 ½ MILE NSY LVA N IA A V EN UE NW CAPITOL BUILDING WASHINGTON MONUMENT 1 MILE 1 POPULATION 2014 GROWTH 2010-2014 PROJECTED GROWTH AVG. HOUSEHOLD INCOME 2014-2019 2014 ½ MILE 4,011 15.35% 14.96% 1 MILE 36,855 13.30% 13.80% MEDIAN HOUSING VALUE 2014 DAYTIME POPULATION 2014 $139,698 $467,871 109,418 $115,690 $481,494 215,692 ICONIC DEMOGRAPHIC Young, discerning, and well-heeled, millennials make up more than 25% of the nation’s population – and the Washington area is among the top metropolitan areas attracting this group, aged 25-34. This tech savvy, interactive demographic is flocking to the urban core, and many live and work within close proximity of DISTRICT CENTER thanks to an extremely robust downtown office and residential market. With more than 36 million square feet of office space within a half mile of the DISTRICT CENTER and nearly 4,000 residential units under construction within a mile, the area is becoming an epicenter of entertainment, culture, shopping, and nightlife. Nearby office workers fit the millennial mindset of local residents – although many are older – with a desire for unique dining and shopping experiences, a penchant for “third spaces,” and plenty of disposable income. Dominant psychodemographic sectors Residential + OFFICE MARKETS // 1-MILE RADIUS RETAIL MAP AAMC Building 2.3 MILLION SF 287,000 SF 601 Massachusetts Ave. 478,000 SF K OR WY W EN NU E AV NE CITY CENTER ET F STREET NW 64,358,944 6TH STREET NW 7TH STREET NW 9TH STREET NW 10TH STREET NW 11TH STREET NW 12TH STREET NW WHITE hOUSE 2.45 MILLION VISITORS/ YR 220 EVENTS / YR TS AV EN UE NW SQUARE FEET OF OFFICE SPACE WITHIN MAP BOUNDARIES H StREET STREET NW VERIZON CENTER 98 DISTRICT CENTER WALKSCORE MA SSA CH US I STREET NW Office: 1,080,000 SF RETAIL: 335,000 SF RES.: 674 units Hotel: 350 rooms 4TH STREET NW HOTEL: 1,200 ROOMS 5TH STREET NW WALTER E. WASHINGTON CONVENTION CENTER MARRIOTT MARQUIS APPROX. 4,600 MULTI-FAMILY UNITS UNDER CONSTRUCTION WITHIN 1.5 MILES OF DOWNTOWN E STREET NW Federal Bureau of Investigations Headquarters KEY EXISTING DEVELOPMENT PROPOSED DEVELOPMENT UNDER CONSTRUCTION DISTRICT CENTER METRO STATION ENTRANCE CAPITAL BIKESHARE STATION D STREET NW Old Post Office Pavillion Future Trump Hotel APPROX. 25 MILLION PEN N SYL VAN IA AVE NUE NW ANNUAL VISITORS TO DOWNTOWN ATTRACTIONS Coming soon MA SSA CH US CITY CENTER W EN U N VE A K R YO W E Office: 1,080,000 SF RETAIL: 335,000 SF RES.: 674 units Hotel: 350 rooms ET I STREET NW N H StREET STREET NW Coming soon VERIZON CENTER 2.45 MILLION VISITORS/ YR 220 EVENTS / YR USE Spy Museum Shakespeare Theater F STREET NW Federal Bureau of Investigations Headquarters Farmer’s Market E STREET NW D STREET NW PEN N SYL VAN IA AVE NUE NW 6TH STREET NW Cafe Asia Coming Soon 7TH STREET NW 9TH STREET NW 10TH STREET NW 11TH STREET NW 12TH STREET NW US Secret Service TS AV EN UE NW 4TH STREET NW 5TH STREET NW RETAIL CLOSE-IN MAP E STREET / 2ND FLOOR TOSCA 11TH STREET 25,870 SF AVAILABLE RETAIL SPACE CELADON SPA M&T BANK 12TH STREET E STREET F STREET CRUNCH GYM F STREET 19,802 SF AVAILABLE RETAIL SPACE 12TH STREET E STREET RETAIL LOADING DOCK TH 11 STREET Entrance E STREET / 1st FLOOR P2 LEVEL 11TH STREET E STREET F STREET 21,286 SF AVAILABLE RETAIL SPACE 12TH STREET LOADING DOCK P3 LEVEL F STREET 27,398 SF AVAILABLE RETAIL SPACE 12TH STREET E STREET 11TH STREET 555 12th STREET WASHINGTON, DC