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By The Numbers: Southwest Washington
April 27, 2017
Courtesy: Southwest BID
Southwest Waterfront at night
- Population: 19,500
- Median Age: 37.4
- Annual Household Income: $112K
- 36% have college degrees
- In 2015, the business improvement district recorded $195M in total retail sales.
- 1M SF of retail is in the development pipeline
- 59,500 daytime employees work in Southwest
- The quadrant will have 2.1M SF of new office space, 4,600 multifamily residences and 1,400 hotel rooms delivered over the next five years.
- The 20 government agencies in the BID control $2.6 trillion of the federal government’s budget.
- Southwest has 11 Smithsonian museums
Source: Southwest Business Improvement District Overview Report (2016)
