What’s Ahead for D.C.?
What’s Ahead for D.C.?
Noted Economic Forecaster, Knight Kiplinger to Address National Trends That Will Affect the Capital City
Washington, DC November 12, 2013 The Washington DC Economic Partnership (WDCEP) is pleased to announce that noted economic forecaster, Knight Kiplinger, Editor in Chief and Chairman of the Kiplinger Publishing organization, will present the keynote presentation at its 2013 Annual Meeting and Development Showcase on November 15th at the Walter E. Washington Convention Center.
The WDCEP’s Annual Meeting and Development Showcase is the Partnership’s largest event of the year that provides an overview of real estate development activities in the District, including projects that are proposed, planned, under construction, and newly completed. The meeting is a platform to celebrate the $85 billion of development activity occurring throughout the District.
Knight Kiplinger will address the economic, political, and sociological trends that are influencing DC’s economic and real estate growth. Mr. Kiplinger will provide insights into the national trends that will affect the Capital City. Among the topics Kiplinger will discuss are trends in federal spending and employment, D.C. land-use issues (including parking, mass transit and the building height limit), and public education. He will turn his journalist’s eye on the District’s strengths and challenges, today and in the years ahead.
“Knight Kiplinger’s presentation is extremely timely considering the challenges the District has faced, from the fluctuations in the financial markets that have an impact on local real estate to the recent federal shutdown,” said Keith Sellars, President and CEO of the WDCEP. The WDCEP will be releasing its 2013/2014 DC Development Report at the Annual Meeting. The report provides a wide international audience with an extraordinary window on the local real estate market and development economics. The report focuses on key market sectors including residential, retail, hospitality, and commercial development. “Mr. Kiplinger brings an expert’s eye to the remarkable transformation that has occurred here in DC, and what we might expect in the future,” said Sellars.
The 2013/2014 DC Development Report provides detailed data and information on over 1,450 projects (total of this years). The WDCEP has taken a continuous look at development in DC since 2001. As a result, this year’s report reveals trends about the 10 million sf of real estate projects expected to deliver in 2014.
Background:
About the Washington, DC Economic Partnership: A 501(c)(3) organization, the Washington, DC Economic Partnership promotes business opportunities throughout the District and contributes to business retention and attraction activities. WDCEP is the first point of access for real estate and corporate executives seeking market and demographic information, information about the city and incentives, and real estate investment. WDCEP publishes several reports on the market including the DC Development Report and the Neighborhood Profiles. For more information visit www.wdcep.com
About the WDCEP’s Annual Meeting & Development Showcase: Since 2001, the WDCEP’s Annual Meeting & Development Showcase (AMDS) has been the premier gathering of DC’s top business and community leaders to celebrate the District’s vibrant economy. The half-day program begins with the Development Showcase, the largest event of its kind, featuring exhibitors representing almost every major commercial, retail, and housing development in the District. The Development Showcase is followed by a luncheon that has attracted up to 1,000 attendees in past years, featuring DC’s top business leaders, entrepreneurs, real estate professionals, and local government officials.
Knight Kiplinger is one of America’s most respected economic journalists and business forecasters. In his writing, speeches, and appearances on major TV and radio networks, he cuts through the complexity of financial subjects with clarity and foresight. Knight Kiplinger is editor in chief of the D.C-based Kiplinger organization, publishers of The Kiplinger Letters, Kiplinger’s Personal Finance magazine, Kiplinger.com, and other publications. The company was founded in 1920 by his grandfather, W. M. Kiplinger (1891-1967), a former reporter for the Associated Press in Ohio and Washington, in rented offices on 15th Street, across from the U.S. Treasury building. The Letter, a weekly publication started in 1923, is the most widely read and longest-published business forecasting publication in the world. Kiplinger’s Personal Finance, the first magazine in the field of personal money management, was founded in 1947 and today has a monthly circulation of more than 600,000. It is probably the oldest Washington publisher still under its original ownership. Visit www.Kiplinger.com for more information.