PRESENTATION TO THE WASHINGTON BUILDING CONGRESS- REGIONAL DEVELOPMENT COMMITTEE
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1 October 14, 2014 Subtitle will go here PRESENTATION TO THE WASHINGTON BUILDING CONGRESS- REGIONAL DEVELOPMENT COMMITTEE Val Hawkins President & CEO ALEXANDRIA ECONOMIC DEVELOPMENT PARTNERSHIP
2 1
3 What Makes Alexandria Ideal Subtitle will go here
4 Awards & Accolades Arts, Tourism, Community, Economy, Education & More TOURISM: National Trust for Historic Preservation Distinctive Destination PHILANTHROPY: Top City for Online Giving, four years running out of 273 cities, Alexandria ranks #1 or #2 ARTS: America s Top Art Places Mid-Sized Cities by AmericanStyle Magazine ENVIRONMENT: National Geographic Society s Top 50 Greenest Cities AMBIANCE: One of the Nation's Most Romantic Cities as ranked by Amazon.com EDUCATION: Most Well-Read City in America, based on book, magazine and newspaper sales COMMUNITY: #5 of Top 10 Best Downtowns by Livability.com and one of the nation s 100 Best Communities for Young People by the America s Promise Alliance 3
5 Millennials Move to Alexandria September 2014 RealtyTrac analyzed Census population data between 2007 and 2013 and found that Arlington and Alexandria were the TOP MARKETS attracting millennials, drawn to jobs 4
6 Planned Development in Alexandria Subtitle will go here
7 Future Development Focus Transit Corridors and Infrastructure Influence Density 6
8 Potomac Yard 7
9 Potomac Yard Metro Station New Transit will Anchor Mixed-Use Development North Potomac Yard 7,525,000 sf including: 1100 Residential Units 1,930,000 sf Office Mix of 3,395,000 sf Office or 3,395 Residential Units 930,000 sf Retail 170,000 sf Hotel South Potomac Yard 1,926 Residential Units 1,932,000 sf Office 135,000 sf Retail 625 Room Hotel North Potomac Yard Approved redevelopment includes office, residential, retail, hotel, parks and open spaces and community facilities. South Potomac Yard Development underway is pre-dominantly residential, with parks, open spaces, and community facilities. Office, retail, and hotel development planned in next phases. 8
10 Potomac Yard Town Center MRP and JBG Developing Mixed-Use Project 9
11 Braddock Road Metro Multi-Family Residential with Neighborhood Retail 230 acres Office 400,000 SF Retail 72,000 SF Residential 2,700,00 SF 10
12 Development Sites in Old Town WMATA Releasing RFP s for Bus Barn & Braddock Metro; Pepco 11
13 Waterfront Development 3 Sites Privately Controlled- Hotel, Retail and Residential Robinson Terminal South & Cummings/Turner Robinson Terminal North 12
14 Carlyle and Eisenhower Avenue Office, Hotel and Multi-Family Residential on Metro 13
15 14
16 Landmark Mall & Van Dorn Mall Redevelopment Leads Revitalization 15
17 Beauregard Redevelopment Mixed-Income Housing, Transit and Amenities Mixed-Income Housing, Transit and Amenities 16
18 Development Projects Underway Subtitle will go here
19 CIP Projects Underway & Planned Waterfront Small Area Plan Implementation - design and engineering of the waterfront s public spaces, with projects that include: flood mitigation utilities master plan- relocating existing overheads recommendations of the Union Street Corridor Study; and spot improvements at intersection of King & Union Fire Station Construction & Renovation Potomac Yard Metrorail Station Transitway Corridor Construction 3 high capacity bus-rapid-transit or streetcar style transitways Route 1 between Braddock Road Metro & Arlington Beauregard-Van Dorn Corridor in the west-end Duke Street 18
20 Notch The Exchange JBG & MRP Giant-Anchored Project 253 Residential Units 60,000 SF Grocery Delivery- December
21 Carr City Centers Hotel Indigo First new Waterfront Hotel- Construction Underway 20
22 NSF Headquarters Delivery First Quarter ,000 square feet USAA & Lowe Enterprises 2,400 Employees 21
23 Hoffman Town Center Development Surrounding the Eisenhower Metro 24 Story Residential Towers 1,200 apartments Anchored by Harris Teeter 22
24 Developers & Investors Alexandria- Ideal for Investment JBG EYA City Interests Edens & Avant StonebridgeCarras American Real Estate Partners JM Zell Companies The Hoffman Companies MRP The Howard Hughes Company Paradigm Companies Lowe Enterprises USAA Carr City Centers Equity Residential 23
25 State of the Market Report Available on AlexandriaIdeal.com 24
26 Subscribe for Weekly News Economic Development Events & Articles Every Monday Look for this box at the bottom of our homepage, and submit your address! AlexandriaIdeal.com 25
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