Georgia Avenue/Walter Reed

The former Walter Reed Army Medical Center reopened its historic gates to the public in 2017 with celebratory events and the opening of the DC International School. The Parks at Walter Reed, a joint venture of Hines, Urban Atlantic, and Triden Development, will actively integrate the campus with surrounding neighborhoods and bring new residential and commercial opportunities to the area.

Select Retail + Restaurant Openings (2023+)

  • Blue’s Coffee & Tea Co.
  • The Charmery (ice cream)
  • Hazel’s (True Value) Hardware Store
  • Merry Pin (craft store + cafe)
  • Slice & Pie (restaurant)
  • Starbucks
  • Whole Foods

Children's National Research & Innovation Campus

The 380,000 SF medical research facility is the first in the nation dedicated to pediatric research devoted to complex and rare genetic diseases and features a primary care clinic. The 160,000 SF Phase I opened in early 2021 on the former Walter Reed Medical Center campus and included the opening of Johnson & Johnson Innovation (JLABS), a healthcare and life sciences incubator.

The Parks at Walter Reed

  • Reynard Apartments: The five-story, 344-unit multifamily development includes 11 live/work units and delivered in 2024.
  • Aspen Square at The Parks: The 50-townhome development (2,300 SF avg size) will start delivering home ownership opportunities in 2024/25.
  • The Town Center: The three mixed-use buildings that form the retail marketplace of the Parks at Walter Reed total nearly 500 residential units and 100,000 SF of retail space, anchored by a new 47,000 SF Whole Foods grocery store, their 8th store in DC.

Great Streets Retail Small Business Grants

  • Georgia Avenue is a designated Great Streets corridor. As funds become available, small businesses can apply for grants to cover capital improvements and certain soft costs. In fiscal year 2024, there was $2.55 million available with individual awards up to $85,000.
  • The corridor is also supported by the Upper Georgia Avenue Main Street program through community-based economic development initiatives and events such as Art All Night.
Population
0-0.5mi. 0-1mi. 0-3mi.
Population 8,703 34,839 260,064
Daytime Population 7,334 35,502 212,758
Male 47% 47% 49%
Female 53% 53% 51%
High School Graduate + 74% 77% 71%
Bachelor’s Degree + 66% 68% 58%
Graduate/Professional Degree 41% 40% 34%
Households
0-0.5mi. 0-1mi. 0-3mi.
Households (HH) 3,541 16,270 99,927
Average HH Size 2.43 2.12 2.58
Owner-occupied 53% 37% 49%
Renter-occupied 47% 63% 51%
Median Home Value $847,684 $798,329 $742,836
Income
0-0.5mi. 0-1mi. 0-3mi.
Average HH $175,447 $152,216 $171,077
Median HH $124,352 $111,133 $114,094
HH Income <$50k 19% 20% 21%
HH Income $50 - $75k 15% 15% 13%
HH Income $75k+ 65% 65% 66%
Average HH Disposable $115,447 $102,011 $111,858
Graduate/Professional Degree 41% 40% 34%

Age

  • Age < 20
  • Age 20 - 34
  • Age 35 - 64
  • Age 65+

0-0.5mi.

0-1mi.

0-3mi.

Consumer Expenditures
0-0.5mi. 0-1mi. 0-3mi.
Apparel $13,546,613 $55,241,544 $373,395,425
Child Care $3,429,350 $13,628,195 $92,307,160
Computers & Accessories $1,258,493 $5,112,778 $34,395,666
- Pets $5,275,790 $20,876,580 $143,823,457
Food at Home $39,115,861 $159,133,338 $1,092,322,870
Food away from Home $23,270,408 $93,345,845 $634,521,609
Health Care $35,324,933 $141,296,755 $991,873,396
- Medical Care $12,649,611 $50,509,520 $353,726,445
Home Improvement $24,024,025 $89,446,285 $682,492,438
Household Furnishings $14,790,967 $59,076,186 $408,555,398
Personal Care Products $3,219,347 $13,195,497 $88,080,841
Vehicle Maint. & Repair $6,605,777 $26,608,249 $183,411,152

Commuting Preference

  • Drove alone
  • Public transportation
  • Bicycle
  • Walked
  • Worked at home
  • other

0-0.5mi.

0-1mi.

0-3mi.

Metrorail Stations

2

Silver Spring, Takoma

Capital Bikeshare Locations

3

within 1/2 mile

Traffic Counts

21,800   Georgia Ave NW
5,500   Eastern Ave
   

Walkscore

93

Walker's Paradise

Residents within a 10-minute car ride

192,748

Washington DC Economic Partnership
Chad Shuskey
EVP Retail Attraction & Market Intelligence
(202) 661-8674
cshuskey@wdcep.com
wdcep.com

Source data to go here once received.

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