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1015 7th street
Table of contentsDC Market OverviewMarket Profile: Mount Vernon TriangleThe MVT CorridorDemographic + Psychodemographic ProfileStorefrontSite PlansAccess + Visibility
LOGAN CIRCLE
MIDCITY
FOGGYBOTTOM
14TH & U STREET CORRIDOR
EASTERN MARKET / BARRACKS ROW
CAPITOL HILLNATIONAL MALL
GEORGETOWN
UNION STATION
VERIZON CENTER
WOODLEY PARK
ADAMS MORGAN
CO
NN
ECTIC
UT AV
E NW
MASSACHUSETTS AVE NW
16T
H S
TR
EE
T
13T
H S
T N
W
GE
OR
GIA
AV
E N
W
SHAW / HOWARD U
BLOOMINGDALE
BROOKLAND
RHODE ISLAND AVE NE
NEW YORK AVE NW
UNION MARKET
FLORIDA AVE NE
NO
RT
H C
AP
ITO
L ST
NW
H STREET CORRIDOR
MOUNT VERNON TRIANGLE
9T
H S
T N
W
WHITEHOUSE
K ST NW K ST NE
INDEPENDENCE AVE SW
CONSTITUTION AVE NW
DUPONT CIRCLE
CONVENTION CENTER NORTH
CONVENTION CENTER
DC MARKET OVERVIEWWashington DC is a city of unique, vibrant neighborhoods connected by a comprehensive and multi-modal mass transit system. Thanks to strong infrastructure and major employment generators, Mount Vernon Triangle, along with the District as a whole, is experiencing extensive growth in the residential, commercial, and entertainment sectors. The nation’s capital – with Mount Vernon Triangle as one of its most vibrant neighborhoods – is widely recognized as one of the most progressive cultural and economic powerhouses in the nation.
EASTEND
GET AROUND
MEETGET
PUMPED
GO OUT
WINE + DINE
WORK
LIVE
220 events a year at the 20,000-seat Verizon
Center – from Lady Gaga concerts to Caps games.
49,312 employees work within a ½ mile radius.
Over a dozen Zagat-rated restaurants within
a¼ mile radius.
More than 4,200 residential units recently
developed or being developed in a ½ mile.
More than one million people attended DC
conventions, meetings, and tradeshows in 2011.
Access to six Capital Bikeshare stations and
three Metro lines within a ½ mile.
Multiple VIDA Fitness locations and high
intensity gym District CrossFit just blocks away.
MOUNT VERNON TRIANGLEA 24/7 neighborhood with abundant restaurants, entertainment destinations, office space, and residential living, Mount Vernon
Triangle is fast becoming DC’s new downtown. Easily accessible from the Red, Yellow, and Green Metro lines, the Triangle’s entertainment and cultural destinations draw visitors from across the DC metro area and from around the globe. With thousands of
employees and residents that call Mount Vernon Triangle home, the neighborhood has become the new place to be in the District.
KEY TENANTS WITHIN ¼ MILE
KEY RECENT & FUTURE DEVELOPMENTS WITHIN ½ MILE
1
2
34
5 67891011 12 13 14
15
1617
18
19
20
21
22
23
2425
26
272829
3031323334 35
A
Subway1127 7th Street
Passenger1021 7th Street
Living Social 1005 7th Street
N.Y. Avenue Beach Bar 645 New York Ave
District CrossFit 635 New York Ave
Safeway / Starbucks 490 L Street
Capital One 1075 5th Street
Sweetgreen1065 5th Street
Ace Hardware 1055 5th Street
Chipotle 1045 5th Street
Busboys & Poets 1025 5th Street
Taylor Gourmet485 K Street
Kushi 465 K Street
1
2
3
4
5
6
7
8
9
10
11
12
13
Mandu 453 K Street
VIDA Fitness 445 K Street
Arnold & Porter635 Massachusetts Ave
Acadiana 901 New York Ave
FedEx800 K Street
Ping Pong Dim Sum 900 7th Street
VIDA Fitness/Starbucks999 9th Street
Blackboard 650 Massachusetts Ave
Cafe Phillips 650 Massachusetts Ave
TD Bank 901 7th Street
Goethe-Institut 812 7th Street
RFD Washington 810 7th Street
Fado Irish Pub 808 7th Street
14
15
16
17
18
19
20
21
22
23
24
25
26
Starbucks 800 7th Street
Matchbox 713 H Street
Asian Spice 717 H Street
Cuba Libre 801 9th Street
PNC Bank 833 7th Street
Hooters 825 7th Street
Nando’s Peri-Peri 819 7th Street
Walgreen’s / YO! Sushi / Panera Bread801 7th Street
Vapiano 623 H Street
27
28
29
30
31
32
33
34
35
BC
D
E
F
G
H
I
JK
L
M
N O P
Q R S
T
UV
W
X
Y
CityCenterDC295,000 SF Retail515,000 SF Office458 Apartments216 Condominiums
Marriott Marquis1,175 Hotel Rooms
Square 4508,000 SF Retail300,000 SF Office
635 Mass Ave18,000 SF Retail450,000 SF Office
600 Mass AveRetail Space380,000 SF Office
Square 48330,000 SF Retail575,000 SF Office
550 K StreetRetail Space
465 New York Ave181 Hotel Rooms
A
B
C
D
E
F
G
H
Yale Lofts224 Apartments
460 New York Ave63 Condominiums
Meridian at MVT390 Apartments
400 New York Ave340 Apartments
CityVista115,000 SF Retail244 Apartments441 Condominiums
450 K Street7,000 SF Retail233 Apartments
440 K Street9,500 SF Retail234 Apartments
400 K Street12,500 SF Retail250,000 SF Office
Arts at 5th & Eye10,000 SF Retail350 Hotel Rooms
I
J
K
L
M
N
O
P
Q
¼ MILE
½ MILE
CORRIDOR MAPJust north of retail and entertainment destinations F Street and Chinatown via 7th Street, the Mount Vernon Triangle neighborhood is coming into its own. Anchored by City Vista and its brand new Safeway grocery store, Mount Vernon Triangle is experiencing a wave of residential and mixed-use development, with K Street as its main street.
CORRIDOR MAP KEY
Future & Recent Developments
Entertainment Destinations
Key Retail
Capital Bikeshare Station
Mount Vernon Triangle Boundary
CONVENTION CENTER
VERIZON CENTERAMER. ART MUSEUM
+ NAT’L PORTRAIT GALLERY
NAT’L BUILDING MUSEUM
Z
Z
Z
459 Eye Street170 Apartments
Dept. of Veterans Affairs26,353 SF Retail361,647 SF Office285,434 SF V.A. Office
300 K Street25,000 SF Retail500,000 SF Office
455 MassRetail Space250,000 SF Office
401 & 425 Mass559 Apartments
Madrigal Lofts259 Condominiums
255 H Street325 Apartments
The Sonata75 Condominiums
Air Rights Tunnel Project2,300,000 SF
R
S
T
U
V
W
X
Y
Z
YOUNG DIGERATI
1,886 HOUSEHOLDS*
Young Digerati are tech-savvy and live in fashionable neighborhoods on the urban fringe. Affluent, highly educated, and ethnically mixed, Young Digerati communities are typically filled with trendy apartments and condos, fitness clubs and clothing boutiques, casual restaurants and all types of bars – from juice to coffee to microbrew.
AMERICAN DREAMS
1,486 HOUSEHOLDS*
American Dreams is a living example of how ethnically diverse the nation has become: just under half the residents are Hispanic, Asian, or African-American. In these multilingual neighborhoods – one in three speaks a language other than English – middle-aged immigrants and their children live in upper-middle-class comfort.
BOHEMIAN MIX
2,501 HOUSEHOLDS*
A collection of mobile urbanites, Bohemian Mix represents the nation’s most liberal lifestyle. Its residents are an ethnically diverse, progressive mix of young singles, couples, and families ranging from students to professionals. In their funky row houses and apartments, Bohemian Mixers are the early adopters who are quick to check out the latest movie, nightclub, laptop, and microbrew.
DEMOGRAPHICS + PSYCHODEMOGRAPHICSThe demographic profile in the area is extremely strong, as is the growth rate, both past and projected. With continued development in DC expected to remain strong – especially in Mount Vernon Triangle – these numbers will continue to move in a positive direction. Additionally, as more development moves into the area, the profile of the “typical” resident is changing. With a solid core of mature
professionals, young urbanites with more expendable income to shop and dine out are giving the area a more youthful, hip vibe.
WHILE DEMOGRAPHICS ARE FACTS AND FIGURES ABOUT INCOME, EDUCATION, POPULATION AND
THE LIKE, PSYCHODEMOGRAPHICS INDICATE THE TRUE NATURE OF HOW A POPULATION LIVES.
10,406
49,312
DAYTIME POPULATION
$ $ $$$ $
Popula�on (2008)
Average HH Income (2008)
Households (2008)
%Projected Popula�on Growth (2008-2013)
$Per Capita Income (2008)
Median Housing Value (2008)
2012
QUARTER MILE
HALF MILE
$ $ $$$ $
Popula�on (2008)
Average HH Income (2008)
Households (2008)
%Projected Popula�on Growth (2008-2013)
$Per Capita Income (2008)
Median Housing Value (2008)
POPULATION 2013
6,426
19,044
%GROWTH
2000 - 2010
45.96%
40.64%
%GROWTH
2010 - 2013
11.54%
10.70%
%PROJECTED GROWTH
2013 - 2018
15.89%
15.18%
$ $ $$$ $
Popula�on (2008)
Average HH Income (2008)
Households (2008)
%Projected Popula�on Growth (2008-2013)
$Per Capita Income (2008)
Median Housing Value (2008)
AVG HH INCOME 2013
$95,517
$103,367 $ $ $$$ $
Popula�on (2008)
Average HH Income (2008)
Households (2008)
%Projected Popula�on Growth (2008-2013)
$Per Capita Income (2008)
Median Housing Value (2008)
MEDIAN HOUSING VALUE 2013
$426,488
$422,676
*IN A HALF MILE
the storefront
site plans
lower level second floor
ground floor third floor
7TH
ST
RE
ET
NEW YORK AVE NW
MASSACHUSETTS AVE NW
M STREET NWM STREET NW
9T
H S
TR
EE
T N
W
10T
H S
TR
EE
T N
W
7TH
ST
RE
ET
NW
L STREET NW7,300 VPD
K STREET NW
5T
H S
TR
EE
T N
W
2 WAY TRAFFIC
SPECIAL VIEWS
CAPITAL BIKESHARE
3,813AVG WEEKDAY
RIDERS
MT VERNON SQUARE
25,2
00
VP
D
9,700 VPD
31,100 VPD
18,300 VPD
CONVENTION CENTER
ACCESS + VISIBILITY1015 7th Street is easily accessed by several of the most important
transportation corridors in the city—7th Street (known as Georgia Avenue to the north, and a direct connection to the East End entertainment
core), New York Avenue / Route 50, Massachusetts Avenue, L Street, and K Street—Mount Vernon Triangle’s main street. Visibility is unobstructed
from both the Convention Center and Mount Vernon Square. Access is also available via the Mt. Vernon Square / 7th Street-Convention Center
Metro station and several Capital Bikeshare stations.
THE OPPORTUNITY1015 7th Street is a premier new property in Mount Vernon Triangle. Three stories and built in demand from the nearby Walter E. Washington Convention Center provide retailers and restaurateurs a one-of-a-kind opportunity – be a part of it.
MICHAEL JOHNS | [email protected]
JARED MEIER | [email protected]
ANDREW PONCHER | [email protected]