Since 2010, Washington, D.C. increased 13 percent in population by 76,000 people. It now reaches its highest level since the 1970s, up to more than 681,000 people. In order to meet the growing demand, which is expected to reach more than 842,200 people by 2030, developers and investors have been creating new retail centers. This information comes from the new annual report completed by the Washington, D.C. Economic Partnership (WDCEP).
In the new report, the WDCEP reports that some of the most notable projects developers are currently building to meet the influx of demand include The Wharf in the Southwest Waterfront, ART Place at Fort Totten, and CityCenterDC in Downtown.
The growth of restaurants, too, has been swift. According to the WDCEP, 150 restaurants opened in the District between January and September 2016. During this time, D.C. also was awarded its first Michelin Guide with 11 earning at least one star.
Still, there are plans for new grocery stores in the city with a Whole Foods planned in the Capitol Riverfront and 14th Street and a Trader Joe’s planned at Union Market and Capitol Hill, as reported by the WDCEP. A total of 30 new or replacement grocery stores have been built in the city since 2000.
In order to keep up with the growth, the WDCEP has created a document that profiles over 50 neighborhoods in Washington, D.C., going in-depth on what developments are still on the docket, what population growth to expect, the average household income, and even the typical age and available vehicles per household.
The neighborhood profiles are available for free on the WDCEP website. Curbed readers can also give the document a look below.
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• DC Neighborhood Profiles [WDCEP]