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Tenleytown - Open for Business

Published by info, 2018-04-20 16:10:33

Description: Tenleytown - Open for Business

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TENLEYTOWN Strong Retail Demand A Great Neighborhood Demographics to Live, Work, & Play Tenleytown is a vibrant retail corridor with a mix of local- serving amenities and a small supply of destination restaurants and retail. It is experiencing continued investment from real estate developers and business owners looking to come to the neighborhood.Businesses have the opportunity to capture retail expenditures from four distinct customer groups:• Educated, high earning residents• Professional employees• 61,000 people that drive by daily• A vast student population consisting of 14,000 higher education students *Growth from 2010 to 2017

Retail Highlights District Taco PetMAC SEOULSPICE Pete’s New Haven Muncheez Style Apizza Orangetheory Fitness Matisse City Bikes TD Bank Ace Hardware Best Buy Container Store Whole Foods Market Starbucks Panera Bread Beefsteak Guapo’s Restaurant CVS High Spending Access & Visibility Strong Anchors Capacity The large group of commuters Strong anchor stores locatedTenleytown has an affluent, along Wisconsin Ave. add traffic in the commercial districtlocal-serving population, as counts and car visibility that such as Whole Foods, Bestwell as a sizeable white- retailers like. The close proximity Buy and The Container Storecollar workforce population. to a Metro station connects bring a diverse body ofEducational institutions add Tenleytown with other DC visitors to the Tenleytownan additional 20K people to neighborhoods. Ample parking neighborhood.the consumer mix. draws more consumers than other areas in DC that lack parking.One-Mile Retail Leakage (Retail Gap) Demographics$477.6M Total Retail Trade Food & Drink $52.3M Food & Beverage Stores $47.8M Health & Personal Care Stores$23.2M Clothing & Clothing Accessory Stores$11.3M Home Furnishing Stores

The amount of public TENLEYTOWN transportation options and A Great Neighborhood to high vehicle count along Live, Work & PlayWisconsin Avenue positions 6,350 Tenleytown to capture substantial customer base DAILY METRO BOARDING for businesses in the area. 61,000 3 MAJOR ROADS With a WalkScore of 92,Tenleytown is considered a VEHICLES PER DAY \"walkers paradise\" with many opportunities as a pedestrian. Tenleytown has \"excellent transit\" with convenientaccess to the Metro, a variety of bus lines, and many car sharing options. The topography and select 4 31.3% bike lanes in Tenleytown make the community \"very CAPITAL RESIDENTS TAKE BIKESHARE METRO TO WORK bikeable.\" Capital Bikeshare's location helps STATIONS 2 PUBLIC PARKINGprovide access to bicycles for GARAGES the community. 3 15 ZIPCAR METRO BUS LOCATIONS ROUTES

Recently Completed DevelopmentAs buildings rise, Tenleytown’s streets are filled with additional residents , employees and retailers. Since 2010, the population has grown by 7.45%.12 34 Cathedral Commons Tenley View Washington College of Law FrequencyLocation: 3400 - 3430 Wisconsin Ave. Location: 4600 Wisconsin Avenue Location: 4300 Nebraska Avenue Location: 4000 Brandywine StreetDeveloper: Giant Food & Bozzuto Developer: Douglas Development Developer: American University Developer: Urban Investment PartnersTotal SF: 264,272 Total SF: 68,500 Total SF: 322,300 Total SF: 50,000Construction Type: New Construction Construction Type: New Construction Construction Type: New Construction Construction Type: New ConstructionMajor Use: Mixed Use Major Use: Residential Major Use: Education Major Use: ResidentialResidential Units: 146 Residential Units: 60 Delivered: 2016 Residential Units: 100Retail SF: 124,285 Retail SF: 18,783 Delivered: 2018Delivered: 2015 Delivered: 201656 AU East Campus Procter Hall 24 3Location: 3501 Nebraska Avenue Location: 3612 Woodley RoadDeveloper: American University Developer: National Cathedral 51Total SF: 106,580 School 6Construction Type: Renovation Total SF: 26,000Major Use: Education Construction Type: RenovationDelivered: 2017 Major Use: Education Delivered: 2016

Planned and Proposed DevelopmentWith more exciting mixed-use projects on the way, Tenleytown will continue to grow. Approximately 1,700new residential units will be added to the market in addition to approximately 250,000 square feet of retail.12 3 4 Broadcast Georgetown Day School 4000 Wisconsin 3900 WisconsinLocation: 4620-4624 Wisconsin Ave. Location: 4203 Davenport Street Location: 4000 Wisconsin Avenue Location: 3900 Wisconsin AvenueDeveloper: Urban Investment Partners Developer: Georgetown Day School Developer: Donohoe Development Developer: Roadside DevelopmentTotal SF: 131,050 Total SF: 120,000 Total SF: Total SF: 423,192Construction Type: New Construction Construction Type: New Construction Construction Type: Renovation Construction Type: New ConstructionMajor Use: Residential Major Use: Education Major Use: Major Use: RetailResidential Units: 146 Delivering: Residential Units: 720 Residential Units: 700+Retail SF: 11,000 Retail SF: 34,000 Retail SF: 200,000+Delivering: Delivering: 2024 Delivering: 20225 4611-4615 41st St 25 1Location:4611-4615 41st St.Developer: Dancing Crab Properties 3Total SF: 34,535 4Construction Type: New ConstructionMajor Use: ResidentialResidential Units: 41Retail SF: 5,000Delivering:

Tenleytown Main Street 4545 42nd Street NW, Suite 214 Washington, DC 20016 202.362.1815 tenleytownmainstreet.orgfacebook.com/TenleytownMainStreet @TenleytownMS


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