1	Welcome to the City of Alexandria The Alexandria Economic Development Partnership, Inc. 1729 King Street, Suite 410 Alexandria, Virginia 22314 T: 703.739.3820 F: 703.739.1384 E: info@alexecon.org W: www.alexecon.org
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3	Did you know… 15.7 square miles; just under 9,400 acres 7^th largest City in Virginia- 138,000+ residents Workforce of 95,000 2.7% Unemployment Rate (9/05) 4 Metro Stops (Braddock Road, King Street, Eisenhower Avenue and Van Dorn Street) Ranked Among America’s Top Digital Cities
4	"18,000,000" 18,000,000+ square feet of existing office with average rental rate of $29 Over 2.8 million square feet of retail space spanning from Landmark Mall to Potomac Yard Fourth largest concentration of Associations and Non-profits in the United States- over 425 355 Technology companies Home of the 2 million square feet complex for the US. Patent and Trademark Office (8,000 employees and growing) United States Courthouse
5	"More than 1.5 million square..." More than 1.5 million square feet occupied by Department of Defense Other Federal tenants include the USDA, Customs & Wildlife and Justice Department Major Employers: Institute for Defense Analyses INOVA Alexandria Hospital USPTO Boat Owners Association Northern Virginia Community College Alion Science and Technology
6	Recent Lease Signings Office: National Mental Health Association- 16,000 sf at 2000 N. Beauregard (Mark Center) Systems Planning & Analysis- 20,000 sf (additional) at 2001 N. Beauregard (Mark Center) Motley Fool- 41,000 sf at 2000 Duke Street Retail: La Tasca Restaurant- 5,500 sf at 605 King Street Ann Taylor Loft- 5,000 sf at 423 King Street
7	Recent and Pending Sales 200-206 N. Washington to the American Correctionals Association (relocation from MD) $9,172,000; 46,926 sq ft office building Undeveloped land at Mark Center to the Institute for Defense Analyses 4860 Mark Center Drive, 4.14 acres, approx. $15 million Kimpton Hotels purchase of the Holiday Inn Select 480 King Street, $66 million, 227 hotel rooms
8	New Businesses Moving in… Whole Foods Paper Source Periwinkle Tutto Bambini Z Pizza StrikeZone 100 King La Tasca
9	Development Activity
10	New Construction Totals Residential- 4,118 units Condominiums- 2,275 Apartments- 1,360 Townhouses- 482 Single Family detached- 1
11	Potomac Yard- Alexandria 167 acres being developed by Pulte & Centex Approved concept includes: 1.8 million sq ft office 325,000 sq ft retail 1,683 residential units 300-room hotel
12	Landmark Mall Redevelopment Owned by General Growth Properties 51 acres; Sears, Hecht’s and Lord & Taylor Redevelopment: 3 million sq ft 1,650 residential units 8,000 parking spaces 1.1 million sq ft retail & restaurants 440-room hotel
13	Adjusted New Construction Totals 7,451 RESIDENTIAL units 5,647,287 sq ft of COMMERCIAL construction
14	New Office Space coming 900 N. Washington- 13,500 sq ft office and 1,500 sq ft retail 124 S. West- 30,630 sq ft office condo- contract pending 1710 Prince- 28,527 sq ft office and 5,000 sq ft retail 1623 Duke (Table Talk)- 36,943 sq ft office w/ retail 1601 Duke (SAF)- 44,253 sq ft office w/ retail
15	LCOR Buildings- 1900 & 2050 Ballenger Avenue 113,262 sq ft office and 40,762 sq ft retail Under construction
16	1900 Jamieson Avenue 95,342 sq ft office and 73,000 sq ft of retail, on two floors Under construction
17	Eisenhower Center III- 2320 Mill Road 98,618 sq ft office with retail/restaurant
18	Carlyle Overlook 223,967 sq ft office w/ ground floor retail Separate condo and apartment towers
19	Hoffman Town Center Master plan for redevelopment being finalized 438,000 sq ft of new office space AMC Theatres, Ruby Tuesday’s, Ted’s Montana Grill, Starbucks
20	Alexandria Tech Center V & VI 74,926 sq ft office finishing construction Pentagon Federal Credit Union Another 128,000 sq ft office building approved
21	Victory Center Existing 611,047 sq ft Office building Former home of the Army Materiel Command Can develop an additional 1,000,000 sq ft Structured parking New office building Meets federal security standards for setback etc.
22	Upcoming Issues BRAC 1.5 million sq ft of leased space, most in the Eisenhower Avenue corridor 7,000+ jobs lost Unknown impact of contractors who will follow Impact of Crystal City and Skyline vacancies on Alexandria
23	"Planning Studies" Planning Studies Braddock Road Metro and Van Dorn/Landmark well underway Waterfront pending Eisenhower West planned Industrial space survey Balancing Growth Commercial vs. Residential
24	www.alexecon.org www.alexandriava.gov The Alexandria Economic Development Partnership, Inc. Stephanie Landrum Acting Executive Director 1729 King Street, Suite 410 Alexandria, Virginia 22314 T: 703.739.3820 xt 14 F: 703.739.1384 E: landrum@alexecon.org