Fueled by top-tier talent and strategic public-private investments, health & life sciences sector gains momentum in the District The DC metro area is a national force in the life sciences sector, supported by its unmatched access to federal institutions, a network of leading research universities, and a robust talent pipeline. Located at the center of […]
New $7.5M Vitality Fund now available to support business attraction and expansion in DC The new $7.5 million Vitality Fund provides discretionary grant funding to assist businesses in high growth sectors to relocate, expand, or remain in the District’s central business area. The fund is currently active and seeking applications. Learn more about the Vitality […]
WINTER 2022 TECH COMPANY TIKTOK EXPANDS TO THE DISTRICT TikTok’s parent company ByteDance signed a lease for almost 50,000 SF of office space in Union Market. The social media company will join NeighborWorks, Industrious, and a restaurant from STARR Restaurant Group in the new Signal House office building. To learn more about the future of development in the Union Market neighborhood, explore […]
FALL 2021 WATER TECHNOLOGY COMPANY XYLEM EXPANDS TO THE DISTRICT Xylem, a $4.9B NY-based water technology company, signed a lease for 17,000 SF of office space in the Capitol Riverfront neighborhood. The company will continue collaboration on wastewater sustainability projects with DC Water and will join other businesses such as Chemonics International in locating to […]
SUMMER 2021 CHILDREN’S NATIONAL NOW OPERATING AT FORMER WALTER REED ARMY MEDICAL CENTER (WRAMC) CAMPUS The Children’s National Research and Innovation Campus at WRAMC has achieved a significant milestone with the openings of its relocated Rare Disease Institute and Johnson and Johnson’s startup incubator. Children’s National plans to open additional hospital and biomedical research facilities […]
SPRING 2020 A QUICK WORD FROM OUR PRESIDENT AND CEO Hello! Welcome to the Washington DC Economic Partnership’s (WDCEP) quarterly newsletter. WDCEP is a non-profit, public-private organization whose core purpose is to actively position, promote, and support economic development and business opportunities in our nation’s capital in partnership with the Office of the Deputy Mayor for […]
SUMMER 2020 PUBLIC-PRIVATE PARTNERSHIPS LEAD TO TWO NEW HOSPITALS FOR DC Mayor Bowser announces agreements for two new hospitals through public private partnerships. These deals highlight the DC’s government plan to build a healthier and more equitable DC. DC offers more than 10 ways for people to explore the city from Metro to micromobility options Workforce & […]
FALL 2020 NAACP ANNOUNCES HEADQUARTERS MOVE TO THE DISTRICT The iconic civil rights organization will relocate to the District in a mixed-use building along the historic 14th & U Street corridors. Read More. DC Ranks #2 in the U.S. and Canada for its ability to attract and grow Tech Talent Workforce & Economy District of […]
WINTER 2020 INVESTOR CONFIDENCE IN THE DISTRICT REMAINS STRONG AS 4.3M SF OF NEW PROJECTS BROKE GROUND DURING COVID-19 Despite the difficulties presented by COVID-19, construction began on 26 major development projects in the District of Columbia between March and December 2020. These projects will result in more than 3,600 new residential units, 189,000 SF […]
SPRING 2021 MOTOREFI RELOCATES HQ TO DC After raising $19.4 million in 2020 and early 2021, auto refinancing startup MotoRefi has announced it will relocate its operations to the District. WDCEP released its 20th annual DC Development Report, which provides insight and analysis into the District’s economy, real estate expansion opportunities, and future areas of […]