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Compelling history, unique cultural character and growing economic opportunities make Chinatown one of DC’s hottest areas. Anchored by the Verizon Center, Convention Center and Gallery Place, Chinatown has emerged as a primary entertainment and nightlife district. As the heart of the Chinese American community within the DC region, Chinatown hosts cultural festivals and events, such as the Chinese New Year’s parade, and boasts cultural landmarks, such as the Chinatown Friendship Archway. It is also home to more than 30 Asian themed businesses and several cultural institutions. This dynamic combination of culture and economic opportunity has made Chinatown an attractive spot for new international Asian restaurants and retailers such as Ping Pong Dim Sum and Yo! Sushi. Chinatown is also home to several world-renowned cultural and tourist destinations such as the Smithsonian’s National Portrait Gallery, Shakespeare Theatre, Smithsonian’s American Art Museum, Woolly Mammoth Theater, Goethe-Institute and the National Building Museum. Businesses located within Chinatown enjoy high growth potential with access to diverse markets, including Downtown office workers, visitors and tourists and Asian Americans throughout the region. In addition, the CityCenterDC development will add 515,000 square feet of office space, 674 residential units and 184,700 square feet of retail space in late 2013. This energy—combined with great access to public transit and major roads such as Massachusetts Avenue, New York Avenue, and I-395—continues to make Chinatown attractive to new and innovative businesses and residents. – See more at: http://www.wdcep.com/dc-profile/neighborhoods/chinatown/#sthash.U1WPXscB.dpuf
Details and Numbers
See and CLICK below for detailed community reports for Chinatown:
The following information is gathered in part from the Washington, DC Economic Partnership
I f you want to be in the know than you need a housing report. After all being armed with information is the best way to approach a marketplace. Chinatown is no different.
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