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Retail By City

Washington DC United States of America

city rank #26

City Overview

The Washington, D.C. metropolitan area continues to distinguish itself from the national economic trends resulting from the recession. The presence of the federal government affords its residents more job opportunities as well as the added security and income of government employment, which has a retention ratio and salaries above the national average. The D.C. economy is enhanced by a robust multimodal mass transit system, which comprises the second largest heavy rail transit network and the sixth largest bus network in the U.S. Furthermore, D.C. boasts one of the lowest unemployment rates among major metropolitan areas. Better still, the wider D.C. region attracts tourists as well as a highly-educated population. Each year, the National Mall draws 25 million visitors. Additionally, over 54% of the D.C. population possesses a bachelor's degree or higher. These market strengths make the D.C. metropolitan area the wealthiest metropolitan area in the country. The D.C. metro area hosts a vibrant and comprehensive retail scene. Georgetown, a renowned street retail destination in the District, is home to over 100 national and international retailers. Northern Virginia's Tysons Corner Center stands as one of the nation's largest and best-performing malls. The Tysons Corner area is undergoing a significant economic boost due in-part to the newly introduced Metrorail line in Northern Virginia, and is expected to add an estimated 30,000 jobs by 2020. The development pipeline in the District is one of the most robust in the nation, with more than $45.9 billion in residential, commercial, retail and institutional projects either under construction, planned or proposed.  CityCenterDC is a mixed-use development, which includes 295,000 sq. ft. of retail space occupied by several luxury brands. The Washington, DC area has cultivated a one-of-a kind retail culture where local favorites are appreciated, international luxury brands are cherished, and new varieties are celebrated.

Things to do

See

Work

CityCenterDC, The Collection at Chevy Chase, Tysons Corner, Capitol Hill

Rest

The Verizon Center, Kennedy Center, C&O Canal National Historic Park, Dulles Golf Center & Sports Park, National Mall, Union Market

And be seen

Eat

Rose's Luxury, Le Diplomate, Cafe Milano, Central Michel Richard, Rasika, Zaytinya, Founding Farmers, Blue Duck Tavern, Komi, The Capital Grille, Ted's Bulletin, Tosca


Drink

Penn Social, Public Bar, DC Brau, Brixton, Columbia Room, The Prospect, Old Ebbitt Grill, ChurchKey, Cork Wine Bar, Raven Grill, Room 11, Jack Rose Dining Saloon


Be Merry

U Street Music Hall, Echostage, H Street Country Club, 9:30 Club, Gypsy Sally's, Black Cat, The Velvet Lounge, The Hamilton


Other Cities in United States of America

Contact Us

Tim Zulick
750 Ninth St., NW, Suite 900,
Washington, DC 20001
+1 202 585 5537 | timothy.zulick@cbre.com