shalom baranes associates architects655 NEW YORK AVENUEA8© 2 0 1 2 S h a l o m B a r a n e s A s s o c i a t e s , P . C . RENDERING - AERIALDOUGLAS DEVELOPMENT

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shalom baranes associates architects655 NEW YORK AVENUEA8© 2 0 1 2 S h a l o m B a r a n e s A s s o c i a t e s , P . C . RENDERING - AERIALDOUGLAS DEVELOPMENT

TABLE OF CONTENTSDC Market Overview

An Introduction to Mount Vernon Triangle

Mount Vernon Triangle Neighborhood Spotlight

Demographic + Psychodemographic Profile

Property Closeup

Access + Visibility

The Opportunity

LOGAN CIRCLE

mIdCIty

FOGGyBOttOm

14tH & U StREEt CORRIdOR

EAStERN mARkEt / BARRACkS ROw

CApItOL HILLNAtIONAL mALL

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DC MARKET OVERVIEW

dUpONt CIRCLE

CONVENtION CENtER NORtH

convention center

Washington 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

MOUNT VERNON TRIANGLETHE MANY SIDES OF A 24/7 neighborhood with abundant restaurants, entertainment destinations, office space,

and residential options, Mount Vernon Triangle is 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, and thousands of employees and residents that call the neighborhood home.

Over a dozen Zagat-rated restaurants are located within a ¼ mile radius.

74,317 employees work within a ½ mile radius.

More than 4,200 residential units recently developed or being developed in a ½ mile.

Multiple VIDA Fitness locations and a District CrossFit are just blocks away.

6 Capital Bikeshares and 3 Metro lines in a ½ mile.

One million + people attend DC conventions annually.

Subway1127 7th Street

Passenger1021 7th Street

Living Social 1005 7th Street

N.Y. Avenue Beach Bar 645 New York Avenue

District CrossFit 635 New York Avenue

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

Mandu 453 K Street

VIDA Fitness 445 K Street

Arnold & Porter635 Massachusetts Avenue

Acadiana 901 New York Avenue

FedEx800 K Street

Ping Pong Dim Sum 900 7th Street

VIDA Fitness / Starbucks999 9th Street

Blackboard 650 Massachusetts Avenue

Cafe Phillips 650 Massachusetts Avenue

TD Bank 901 7th Street

Goethe-Institut 812 7th Street

RFD Washington 810 7th Street

Fado Irish Pub 808 7th Street

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 / Panera Bread801 7th Street

Vapiano 623 H Street

Chinatown Coffee Co.475 H Street

Sixth Engine 438 Massachusetts Avenue

Subway / The UPS Store455 Massachusetts Avenue

KEY TENANTS WITHIN ¼ MILE

KEY RECENT & FUTURE DEVELOPMENTS WITHIN ½ MILE

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CityCenterDC295,000 SF Retail515,000 SF Office458 Apartments216 Condominiums

Marriott Marquis1,175 Hotel Rooms

655 K Street14,346 SF RetailOffice Tower Above

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 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

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

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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

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Just north of retail and entertainment destinations F Street and Chinatown via 7th Street, Mount Vernon Triangle is coming into its own. Anchored by

City Vista and its brand new Safeway grocery store, the neighborhood is experiencing a wave of residential and mixed-use development.

NEIGHBORHOOD SPOTLIGHT

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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.

YOUNG DIGERATIYoung 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 DREAMSAmerican 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 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.

POPULATION2013

GROWTH2000-2010

GROWTH2010-2013

PROjECTED GROWTH

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AVERAGE HH INCOME

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MEDIAN HOUSING

VALUE 2013

DAYTIME POPULATION

2013

¼ MILE 4,813 40.71% 9.04% 13.63% $98,551 $438,521 4,056

½ MILE 19,981 36.66% 10.40% 14.91% $102,189 $417,905 74,317

¾ MILE 37,331 29.05% 9.63% 14.16% $104,589 $437,013 170,426

RETAIL

LOBBY

ExPOSED BRICK THE SPACE TO BE655 NEW YORK AVENUE // BRAND NEW RETAIL SPACE

70,969 TOTAL SQUARE FEET OF RETAIL SPACE // 10 STORY GLASS OFFICE TOWER ABOVE

ground floor Massing

shalom baranes associates architects655 NEW YORK AVENUEA13© 2 0 1 2 S h a l o m B a r a n e s A s s o c i a t e s , P . C . FLOOR PL AN - LEVEL 1 (GROUND)DOUGLAS�DEVELOPMENT

shalom baranes associates architects655 NEW YORK AVENUEA13© 2 0 1 2 S h a l o m B a r a n e s A s s o c i a t e s , P . C . FLOOR PL AN - LEVEL 1 (GROUND)DOUGLAS�DEVELOPMENT

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622 L Street1,597 SF

640 L Street2,903 SF

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1035 7th Street1,650 SF

1033 7th Street2,414 SF

1027 7th Street8,910 SF

1023 7th Street 4,950 SF

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1021 7th Street 10,000 SF

1019 7th Street4,000 SF

1017 7th Street2,986 SF

1015 7th Street 6,000 SF (2 Levels)

1005-1011 7th Street10,322 SF (1st / LL)

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649 New York Avenue2,345 SF

639 New York Avenue 2,578 SF

629 New York Avenue2,810 SF

627 New York Avenue1,598 SF

625 New York Avenue5,906 SF

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2 WAY TRAFFIC

UNOBSTRUCTED VIEWS

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Square 450 is easily accessed by three 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), K Street, and New

York Avenue / Route 50 – Mount Vernon Triangle’s main street. Visibility is unobstructed from each of these high volume roadways – thanks to their 4-lane

width and generous setbacks – and great views exist to the site 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.

ACCESS + VISIBILITY

Square 450 is a world class project, featuring a mix of historic row buildings anchoring a sleek, new all-glass commercial centerpiece. Upon completion, the new mega-complex will feature more than 600,000 SF of office space and 60,000 SF of prime retail space helping to continue the renaissance of Mount Vernon Triangle. This is an iconic project in an iconic location – the time is now to take advantage of this once-in-a-lifetime opportunity.

THE OPPORTUNITY

702 H Street NW, Suite 400Washington, DC 20001202.638.6300www.DouglasDevelopment.com

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