102010 AnnuAl RepoRt

ExubErancE and contradiction 2010-2011

the District has endured a difficult period in the last year. Difficult, in part, because

the District’s finances, employment statistics and self confidence varies between each

of its eight wards. Difficult, too, because the District’s economy is self-contradictory.

the District boasts sectors of great promise, trendiness, retail health and nighttime

exuberance while simultaneously areas of the city are entrenched in job loss and

complex social pathologies.

the office of Revenue Analysis (oRA) publishes a periodic report entitled District

of Columbia Revenue trends; the most recent report at the time of this writing is

november 2010. the oRA uses two groups of economic analysts to create forecasts

for the District’s 2011 economy. one of these groups, economy.com, predicts

more job growth, more unemployment and higher wages in the next 12 months.

our understanding that the District produces jobs for which DC residents are not

equipped is now old news. this is the time for new approaches to job creation.

the oRA report notes that the District produced 12,800 jobs in the three month

period ending in September 2010. this represents one third off all of the 38,000

jobs produced in the region during that period. this is a clear indicator of economic

health. Its significance is not fully understood, however, and this one metric of success

contrasts greatly with unemployment rates, which when presented as averages,

conceal the trauma of job seekers, especially east of the Anacostia River.

Apart from jobs, we feel that a factor in any forecast of the District in the upcoming

months is the reenergized development pipeline including o Street Market,

Southwest Waterfront, the Yards, CityCenterDC and the Convention Center Hotel.

these “icon projects” for the District are moving ahead after a year of readjustment

and reorganization. these projects alone would be the cause of great celebration

in any city of our size. More than the jobs they will produce and the office and retail

space they represent, these projects are catalytic and will ignite development on

their periphery.

tablE of contEnts

1 president’s letter

3 power of 10 — 10 Years of the WDCep

14 ExplorE DC’s neighborhoods and opportunities with the WDCep’s

economic development tools

22 IntEract with the WDCep’s business development programs

28 lEarn how the WDCep’s research initiatives are identifying DC’s

economic drivers

34 connEct with the WDCep and its community of partners

2 Washington, DC economic partnership 3 WDCep 2010 Annual Report

noMa and the Capital Riverfront BIDs have added tenants and residents in the

last year, with more than 2,100 people moving into these BIDs in 2010. these are

superbly managed BIDs that have championed a broad range of new developments

including very significant Federal Government leases and the launching of new

waterfront amenities. other emerging areas were newsworthy in 2010, such as the

Golden triangle BID, which aggressively fought for new streetscape programs, and

H Street, ne, which is being revitalized and remade with streetcar service expected

in 2012.

the Department of Homeland Security on the west campus of St. elizabeths Hospital

and the corresponding development on the east campus represent a whole range

of new opportunities both for Ward 8, DC, and the region. this will be the center of

a tremendous amount of attention in the coming year because the of scale of the

development, the opportunity for Ward 8 residents to find work close to where they

live and the potential that St. elizabeths has to attract new businesses.

We thank those of you, well over 4,000 businesses and entrepreneurs, for attending

our programs, reading our publications and joining with us to move DC businesses

forward in the last year.

Finally, as we celebrate our 10th year anniversary, an organization like ours cannot

succeed without a dedicated and loyal staff and a wise and committed Board of

Directors. We have been blessed with both.

Sincerely,

Steve Moore,President & CEO, Washington, DC economic partnership (WDCep)

10 YeARS oF WDCep’S WoRk In tHe DIStRICt

For the past 10 years the Washington, DC economic partnership (WDCep) has told

the story of Washington’s resurgence and branded the District as a premier location

for all types of business and innovative ideas. over those 10 years DC has emerged

as one of the strongest and most resilient economies in the country. the following

pages showcase some of the major accomplishments and milestones that the

WDCep has contributed to over the past decade through its programs, initiatives

and overall mission to facilitate economic development in the District of Columbia.

10the power of

4 Washington, DC economic partnership

15new grocery stores in Dc since 2000

the power of 10

DC’s neighborhoods

have been revitalized

by new grocery

stores; some of these

neighborhoods have

not had a grocery store

in over 25 years. The

WDCEP has assisted

Harris Teeter, Whole

Foods, Safeway, Giant,

Yes! Organics and

Trader Joes in opening

or expanding their DC

stores.

the power of

6 Washington, DC economic partnership

reducing greenhouse gas

emissions; appraising DC’s history;

recruiting, training and mobilizing

volunteer attorneys; providing

capital to local businesses and

IncubatIng

entrepreneurIal

endeavours

the power of 10The WDCEP’s $100,000 Business Plan Competition and Small Business Awards promote

entrepreneurship and innovation in the District of Columbia.

15 new grocery stores

in DC since 2000

the estimated taxable

retaIl and

restaurant

sales In dc

Increased

by $3.9 bIllIon

from 2000-2008

the power of 10The WDCEP’s ICSC and retail attraction efforts have resulted in numerous new retailers,

restaurants and entertainment establishments opening new stores and expanding

existing operations in DC — bringing jobs and increased tax revenue.

11 WDCep 2010 Annual Report

gatherIng the brIghtest mInds

in economic development,

business, innovation,

entrepreneurship and

research

the power of 10

The WDCEP’s events bring

high profile people and

content to the forefront of

the economic development

discussion. Past speakers

have included Ted Leonsis,

Michael Chasen, Andrew

Florance, Bill Marriott,

Alice Rivlin, Jair Lynch, Dr.

Richard Florida, Katharine

Weymouth, Gary Rappaport,

Roger Frechette III, James

Chung and John Talmage.

the creation of an

economIc

roadmap to diversify and strengthen

local economiesthe power of 10

The WDCEP and the

District Government

undertook a

Comprehensive Economic

Development Strategy

for our city to establish

objectives and investment

priorities intended to

improve economic

development outcomes.

The Strategy opens DC up

to a previously untapped

source of federal funding.

ExplorEDC’s neighborhoods and opportunities with the WDCep’s economic development tools

the WDCep assisted Apple in opening its first DC store in Georgetown

16 exploRe | Washington, DC economic partnership 17 WDCep 2010 Annual Report

the WDCep is your “one-stop shop” for economic development

assistance. Whether it is site location assistance, neighborhood

demographics or development information, the WDCep has it

readily available. In order to distribute this information as widely as

possible, the WDCep uses GIS technology for “virtual tours,” offers

an interactive website for site location assistance, produces business-

friendly publications and posts events and educational seminars on

WDCep.com and its Youtube site (youtube.com/wdcep1495).

intErnational council of shopping cEntErs (icsc)Since 2001, the Washington, DC economic partnership has represented the District

of Columbia at ICSC’s annual meeting which attracts more than 50,000 retailers,

developers and brokers to las Vegas. the event provides valuable face time in a

business conference setting for investors to become more familiar with District of

Columbia officials and economic development professionals. In 2010, the WDCep

conducted over 70 meetings with retailers and developers from across the nation

demonstrating the District’s commitment to attracting high quality national and

international retail establishments. In addition to our las Vegas efforts, the WDCep

represents the District annually at the ICSC Mid-Atlantic (Washington, DC) and ICSC

new York (new York, nY) conventions.

WDCep booth at ICSC 2010 ReCon

18 exploRe | Washington, DC economic partnership 19 WDCep 2010 Annual Report

annual MEEting & dEvElopMEnt showcasE (aMds)Since 2001, AMDS has grown into an annual event with audiences and exhibitors

representing almost every major commercial, retail, and housing development in

DC. the half-day program covers a range of topics, pushing the envelope on ideas in

economic development, innovation, and sustainable growth. past speakers include:

Roger Frechette, president, positive energy practice; James Chung, president, Reach

Advisors; katharine Weymouth, publisher, the Washington post; John talmage,

president & Ceo, Social Compact; and Dr. Richard Florida, social theorist.

the Development Showcase, the largest event of its kind in DC, showcases the

majority of the organizations that drive economic development here in the city and

provides an overview of real estate development activities, including proposed and

planned projects under construction, and newly completed projects in the District.

tesla exhibited its electric Roadster at the 2010 Development Showcase

10

Roger Frechette delivers the keynote address at AMDS10

20 exploRe | Washington, DC economic partnership 21 WDCep 2010 Annual Report

indc: EconoMic trEndsEttErsInsightful, interactive discussions and high-level networking opportunities: inDC, our

studio lecture series, features emerging, candid and thought-provoking conversations

with DC’s most compelling leaders, thinkers, newsmakers, and authors. 2010 inDC

events included conversations and themes covering Sustainable and Innovative

Design and Architecture, the DC Revenue Bond program, nonprofits in DC, City DnA,

Food Deserts, and the Finance and Governance of Capital Cities in Federal Systems.

thE nEw wdcEp.coM

the new WDCep.com, officially launched on october 21, 2010, was re-built from the

ground-up with an emphasis on a user-friendly design and experience with each

section building off the previous, thus acting as a step-by-step guide to learning

about DC, its opportunities, resources and tools available for businesses and

entrepreneurs. the user can explore DC’s neighborhoods and major commercial

corridors, learn how to start & expand their business and watch how-to videos to

help get their business started.

economic trendsetters

the panel discusses DC’s Revenue Bond program in December

IntEractwith the WDCep’s business development programs

Yes! organic Market opened its first store east of the river in August

24 InteRACt | Washington, DC economic partnership 25 WDCep 2010 Annual Report

doing businEss in dcDoing Business in DC is a guide that provides step-by-

step essentials for relocating, starting and expanding

your business in DC—including detailed information

on business resources, regulations and requirements.

now in its fifth edition, over ten thousand copies are

printed and distributed to DC’s business resource

centers, business improvement districts, government

agencies, nonprofits and community development

corporations.

doing businEss 2.0Doing Business 2.0 is the live version of the WDCep’s Doing Business in DC publication.

Speakers include regional university faculty members, business officials from DC

business resource centers, venture capitalists, and entrepreneurs with successful

business ventures. In 2010, the WDCep covered topics such as start-up considerations,

registration & licensing, financing and taxes. In 2011 the program will focus on

incentives for DC businesses, franchise opportunities and insurance, among others.

the WDCep offers educational programming to foster growth,

development, entrepreneurship and strategic relationship building

among the city’s business community. We collaborate with the DC

government, community and workforce development organizations,

local universities, and private entities to promote a business-friendly

environment in the District. to help businesses grow and thrive here

in our nation’s capital, we provide no-fee access to key resources

and services, including economic incentives and programs; site

location assistance; workforce development assistance; statistics

and demographics; and a network of partner organizations.

presentation on business finance opportunities in november 2010

DoingBusiness2.0

2010 Do

ing

Bu

siness in

DC

301.933.9100 | www.sfonline.org

Potomac Avenue Branch1391 Pennsylvania Ave. SE

Washington, DC

McPherson Branch1401 I Street, NWWashington, DC

Columbia Heights Branch1400 Irving NW.Washington, DC

If you live, work, worship or go to school in the District, you can join!

BUSINESS DEPOSIT ACCOUNTSREMOTE DEPOSIT CAPTUREONLINE SERVICESEQUIPMENT FINANCING WORKING CAPITALBUSINESS CREDIT CARDSSBA LOANS

SERVICES TO SUPPORT YOUR GROWING BUSINESS

DC Branch Locations

Business inDC2010 Doing

26 InteRACt | Washington, DC economic partnership 27 WDCep 2010 Annual Report

wdcEp $100,000 businEss plan coMpEtition2010 marked the WDCep’s second year of its annual Business plan Competition. the

program awards a $100,000 in investment capital and $10,000 worth of pro bono legal

services to the winner of the competition. this initiative is funded by DC Certified

Capital Company participants, and was held in conjunction with the DC Coalition

for Capital, with Venable, llC providing the pro bono legal services. the goal of the

competition is to promote entrepreneurship and the development of early stage

companies in the District of Columbia, encourage innovation and job creation in

the District of Columbia and make regional, national and local entrepreneurs aware

of the District’s Certified Capital Company program. enviRelation, llC, a four year

old, five-employee, DC-based business that composts restaurant waste and scraps,

won the 2010 competition. Affinity lab, a local work-share incubator and the 2009

Business plan Competition recipient, used their investment to open a new location

on u Street, nW in 2010.

BusinessPlanCompetition

NeighborhoodSummits

AnnualMeeting

DevelopmentShowcasePremierPlan

inDC

DoingBusiness2.0

RetentionReports

RetailSpaceFinder

SmallBusinessAwards

SpeakerSeriessMall businEss awards (sba)the WDCep’s Annual SBA program celebrates and encourages entrepreneurship

within the District of Columbia. the SBA, initiated in 2008, is aimed at honoring

businesses in several categories. the 2010 winners included DigiDoc, Inc. (Small

Business of the Year), Adam A. Weschler & Son (100 Year old DC Business of the

Year) and the DC Bar pro Bono program (Small Business Initiative of the Year). the

winner of the WDCep $100,000 Business plan Competition is also announced during

the ceremony. this event is an opportunity for the WDCep, DC-based entrepreneurs,

small businesses, business service providers and government officials to celebrate

what makes DC a premier business environment.

BusinessPlanCompetition

NeighborhoodSummits

AnnualMeeting

DevelopmentShowcasePremierPlan

inDC

DoingBusiness2.0

RetentionReports

RetailSpaceFinder

SmallBusinessAwards

SpeakerSeries

the DC BAR pro Bono program is presented with the 2010 Small Business Initiative of the Year award

lEarnhow the WDCep’s research initiatives are identifying DC’s economic drivers

Roger Frechette, president of positivenergy practice llC gave the keynote address at AMDS10

30 leARn | Washington, DC economic partnership 31 WDCep 2010 Annual Report

coMprEhEnsivE EconoMic dEvElopMEnt stratEgy (cEds)

the CeDS is an economic road map intended to diversify and

strengthen the local economy. the District’s successful CeDS

application will bolster the city’s investment priorities, and will

also make it eligible for other federal funding opportunities.

the CeDS was led by the WDCep, the DC office of planning

and office of the Deputy Mayor for planning and economic

Development.

dc dEvElopMEnt rEport: 2010/2011 Edition

the ninth annual edition of the DC Development Report

updated more than 330 projects and had contributions

from more than 135 developers, architects, contractors and

economic development organizations. the Report summarizes

DC’s 1,250 development projects in various stages, details the

development trends and highlights the major projects in the

office, retail, residential, hospitality and education markets.

It also showcased 85 projects with specs on the development team, construction

timeline, leeD certification and design. the DC Development Report is a census

of the major development and construction projects in the District of Columbia.

2010 nEighborhood profilEsFinding information about DC’s neighborhoods is greatly

simplified with the WDCep’s neighborhood profiles book. this

publication provides snapshots of 35 DC neighborhoods. each

profile contains a brief description of the neighborhood, a local

map, demographic information on area residents, photos and

more. the 2010 profiles were updated with the latest demographic

information, updated Metrorail counts, new imagery and added

a new neighborhood Chinatown. the WDCep works with its local partners to make sure

that each profile is up-to-date. the profiles were first produced in 2001.

the WDCep, in partnership with the DC government, has broadened

its scope of research to include several initiatives that supply an

important foundation of data and knowledge from which policy

can be drawn. Findings and recommendations from these studies

will also serve as inputs to the District’s decision making on issues

ranging from DC’ small businesses, neighborhoods and retail, green

collar jobs, technology and the creative economy. these initiatives

help reinforce the importance of the different economic drivers that

exist in DC.

© 2010 WDCEP | WASHINGTON, DC COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY

WASHINGTON, DCComprehensive Economic Development Strategy

9

Hill East

Description: Hill East, formerly known as Reservation 13, comprises 67 acres and is bounded by Independence Avenue SE on the north, 19th Street SE on the west, Congressional Cemetery on the south and National Park Service land on the east. The District plans to redevelop 50 acres of Hill East to be transformed into a vibrant, mixed-use urban waterfront community in accordance with the Hill East Master Plan approved by the DC Council in 2002. This new waterfront community will connect the surrounding Hill East neighborhood to the Anacostia waterfront via tree-lined public streets, recreational trails, and accessible waterfront parklands.

Hill East requires $100- 130million of infrastructure development, as the redevelopment involves demolition and abatement of 18 office buildings, new street construction, new utility installation and new building construction.

Project Costs

Infrastructure Costs Current Financing Financing Gap Funding Request

$100-130 million

District is exploring various funding sources and is likely to match EDA funds dollar for dollar in cash. TBD $2 million

Short and Long-term Job Creation: 800 construction jobs annually, 4,000 permanent office jobs, 800 jobs relocated to the District

Submitted to the Economic Development Administration August 2010

Canal Park Pavilions | STUDIOS Architecture

Development Report2010/2011 editionDC

NationalBuilding Museum

United StatesCapitol

Library ofCongress

SupremeCourt

US HolocaustMemorialMuseum

Walter Reed ArmyMedical Center

University ofthe District of

Columbia

AmericanUniversity

WashingtonNational

Cathedral

US NavalObservatory

Sibley MemorialHospital

Veterans AffairsMedical Center

WashingtonHospital Center

Childrens NationalMedical Center

HowardUniversity

TrinityCollege

TheologicalCollege

CatholicUniversity of

America

GeorgetownUniversity

Georgetown UniversityHospital

GeorgeWashingtonUniversity

JeffersonMemorial

LincolnMemorial

Vietnam VeteransMemorial

Korean WarMemorial

Arts & IndustryBuilding

Freer Galleryof Art

SmithsonianCastle

HirshhornMuseum

NationalMuseum of

American Art

WashingtonConvention

Center

The KennedyCenter

WashingtonMonument

The WhiteHouse

National Museum ofAmerican History

National Museum ofNatural History

NationalGallery of Art

NationalAir & Space

Museum

CongressionalCemetery

GallaudetUniversity

UnionStation

DC GeneralHospital

U S Naval Station

Fort Leslie JMcNair

Bolling AirForce Base

Greater SoutheastCommunity Hospital

Saint ElizabethsHospital

HadleyMemorialHospital

Rock CreekCemetery

GlenwoodCemetery

US Soldiers &Airmens Home

WWIIMemorial

The Pentagon

Ronald ReaganWashington National

Airport

14th & U Streets/MidCity Adams Morgan Anacostia Barracks Row Chinatown Bellevue/South Capitol Brookland Capitol Hill Capitol Riverfront Chevy Chase/Friendship Heights Cleveland Park Columbia

Heights Congress Heights Downtown DC Deanwood Fort Totten Dupont Circle Gateway Georgia Avenue Georgetown Glover Park Golden Triangle Howard University/Pleasant Plains H Street, NE Kennedy

Street Minnesota & Benning Mount Pleasant Mount Vernon Triangle NoMa North Capitol Chinatown Pennsylvania Avenue, SE Petworth/Park View Rhode Island Avenue, NE Shaw Southwest Waterfront

Takoma 14th & U Streets/MidCity Adams Morgan Anacostia Barracks Row Chinatown Bellevue/South Capitol Brookland Capitol Hill Capitol Riverfront Chevy Chase/Friendship Heights Cleveland Park

Columbia Heights Congress Heights Downtown DC Deanwood Fort Totten Dupont Circle Gateway Georgia Avenue Georgetown Glover Park Golden Triangle Howard University/Pleasant Plains H

Street, NE Kennedy Street Minnesota & Benning Mount Pleasant Mount Vernon Triangle NoMa North Capitol Chinatown Pennsylvania Avenue, SE Petworth/Park View Rhode Island Avenue, NE Shaw

Southwest Waterfront Takoma 14th & U Streets/MidCity Adams Morgan Anacostia Barracks Row Chinatown Bellevue/South Capitol Brookland Capitol Hill Capitol Riverfront Chevy Chase/Friendship

Heights Cleveland Park Columbia Heights Congress Heights Downtown DC Deanwood Fort Totten Dupont Circle Gateway Georgia Avenue Georgetown Glover Park Golden Triangle Howard University/

Pleasant Plains H Street, NE Kennedy Street Minnesota & Benning Mount Pleasant Mount Vernon Triangle NoMa North Capitol Chinatown Pennsylvania Avenue, SE Petworth/Park View Rhode Island

Avenue, NE Shaw Southwest Waterfront Takoma 14th & U Streets/MidCity Adams Morgan Anacostia Barracks Row Chinatown Bellevue/South Capitol Brookland Capitol Hill Capitol Riverfront Chevy

Chase/Friendship Heights Cleveland Park Columbia Heights Congress Heights Downtown DC Deanwood Fort Totten Dupont Circle Gateway Georgia Avenue Georgetown Glover Park Golden Triangle

Howard University/Pleasant Plains H Street, NE Kennedy Street Minnesota & Benning Mount Pleasant Mount Vernon Triangle NoMa North Capitol Chinatown Pennsylvania Avenue, SE Petworth/Park

View Rhode Island Avenue, NE Shaw Southwest Waterfront Takoma 14th & U Streets/MidCity Adams Morgan Anacostia Barracks Row Chinatown Bellevue/South Capitol Brookland Capitol Hill Capitol

Riverfront Chevy Chase/Friendship Heights Cleveland Park Columbia Heights Congress Heights Downtown DC Deanwood Fort Totten Dupont Circle Gateway Georgia Avenue Georgetown Glover Park

2010NEIGHBORHOOD

PROFILES

32 leARn | Washington, DC economic partnership 33 WDCep 2010 Annual Report

crEativE EconoMythis year, the WDCep and the DC Government released the Creative DC Action

Agenda, a research initiative focused on Washington’s thriving creative sector as

an economic engine and which produced two creative summits. the report drilled

down into the design, media, performing and visual arts, museum management,

building and culinary arts industries, which together generate $5 billion annually

in income across the creative sector and account for more than 75,000 direct jobs.

the report emphasizes action steps and provides a roadmap through which this

sector can be grown, including leveraging key existing assets as well as emphasizing

a neighborhood-based approach.

actionoMics[dc]actionomics[dc] is a citywide economic development initiative led by the WDCep

and the DC office of planning that builds on DC’s emerging strengths and targets

key opportunities across the creative, green, technology, finance and retail sectors

by encouraging the private, non-profit and public sectors to identify immediate

projects, and to leverage the right resources, assets and partnerships needed to

move projects forward. After a stakeholder summit in the fall of 2009, work groups

continued to meet through 2010 and undertook a Digital Capital Week, a temporium,

the Bank on DC initiative, an entrepreneurship and innovation startup process map,

an incubators resource guide and pop-up lab, an online creative space finder tool,

and a guide for users of temporary space.

C r e at i v e C a p i ta l : t h e C r e at i v e D C ag e n Da t 1

an initiative of the DC offiCe of Planning

creative capitalT h e C r e a T i v e D C a C T i o n a g e n D a

anD the Washington, DC eConomiC PartnershiP

the Creative DC Action Agenda reported on DC’s thriving creative economy

presentation on Finance

®

actionomics[dc] presentation on temporary urbanism

[agenda]

8:00

8:30

8:35

9:00

9:15

10:45

11:30

12:00

[speakers]Harriet Tregoning, Director, DC Office of Planning

Valerie Santos, Deputy Mayor for Planning and Economic Development, District Government

Vincent Gray, Chairman, Council of the District of Columbia

Steve Moore, President & CEO, Washington, DC Economic Partnership

This program is brought to you by the Office of Planning and

the Washington, DC Economic Partnership.

Registration & Refreshments

“Cool Facts” video

Welcome, Opening Remarks & Purpose

Guidance for Work Groups

Work Groups Meet

Reconvene & Closing

Networking

End

11/09/09 © 2009 Washington, DC Economic Partnership

[commitment]This program was printed on 100% tree-free, chlorine free,

acid free “paper” made entirely from inorganic mineral powders

derived from stone (limestone or calcium carbonate) with a

trace amount of non-toxic resin and high density polyethylene

(HDPE) as a bonding agent.

[work groups]Space Finders (Room 154A)Matching retailers, artists, film makers and other creatives

to space through online search tools

Temporary Urbanism (Room 154B)Transforming vacant spaces through recreation, retail,

entertainment or arts uses

Incubators (Room 159B)Supporting small business development through incubators

and shared workspace

Technology (Room 159A)Expanding the District’s technology base through business

attraction, growth and retention

Education & Employment (Room 158A)Designing a training program for project managers and

administrators at the new DC Community College

Entrepreneurship (Room 310)Exploring new, innovative solutions for small business

growth and business incubation

Finance: Bank on Washington (Room 149A)Promoting financial inclusion for the Underbanked in DC

Non-Profits (Room 149B)Exploring the challenges and opportunities of running

a not-for-profit

connEctwith WDCep and its community of partners

inDC’s December 2010 program at Arena Stage covered DC’s Revenue Bond program

36 ConneCt | Washington, DC economic partnership 37 WDCep 2010 Annual Report

With a full-time staff of only eight people, the WDCep relies on its board, sponsors,

interns and community partners to fulfill its mission.

intErnship prograMthe WDCep understands the importance of mentorship and fellowship for the

District’s developing workforce. We offer internship opportunities for students

located in our city. twelve students interned in the WDCep office in 2010, providing

research, business development, location mapping and program support. We believe

that the future of the District’s economic resurgence is impacted by the experience

and opportunities of its youth.

staffSteve MoorePresident & CEO

keith SellarsSenior Vice President, Development & Retail

kate SirotkinaDirector, Finance

Daour Diawara Manager, Business Development

Chad ShuskeyVice President, Research & Visual Communications

Andi JosephDirector, Research & Communications

Becca GurneyGraphic Designer

Bonnie Wright Project Assistant

Valerie Santos | Co-ChairDeputy Mayor, office of the Deputy Mayor for planning & economic Development

edward M. Rogers | Co-ChairPartner, Arent Fox llp

olivia Shay-Byrne | Vice ChairPartner, Reed Smith, llp

lamont Hoffman | treasurerCEO, pn Hoffman

Stephen J. Moore | presidentPresident & CEO, Washington, DC economic partnership

Joseph Askew, Jr., esq.Vice President, Government Relations, Verizon

Charles BarberSenior Counsel, the George Washington university

Jean-luc BramiVice President, Gelberg Signs

Donna M. CooperRegional Vice President, pepco

Gail edwardsExecutive Vice President, DC Building Industry Association

Henry S. FonvielleExecutive Vice President, the Rappaport Companies

Angela FrancoPresident & CEO, Greater Washington Hispanic Chamber of Commerce

Anthony Gould

Albert “Butch” R. Hopkins Jr.President & CEO, Anacostia economic Development Corporation

norman JemalVice President, Douglas Development Corporation

Richard lakeManaging Principal, Roadside Development

Greg leischFounder and Chief Executive, Delta Associates

Dawn C. MarcusCommunications Manager, Hines

Gregory o’DellPresident & CEO, Washington Convention and Sports Authority

Gary RappaportPresident, the Rappaport Companies

eric e. RichardsonDirector, DC office of Cable television

Michael StevensExecutive Director, Capitol Riverfront BID

Mitch WeintraubPartner, Cordia partners, llC

Debra YogodzinskiPartner, Arent Fox llp

board MEMbErs (fy 2010)

Bonnie and Daour welcome inDC attendees

38 ConneCt | Washington, DC economic partnership

sElEct partnErshipsAdams Morgan partnership BID

Advantage Capitol partners

American Marketing Association–DC Chapter

Baker & Daniel Consulting

Barracks Row Main Street

Capitol Hill BID

Capitol Riverfront BID

Commission on Arts and Humanities

Community College of the District of Columbia

Congress Heights Main Street

Council of the District of Columbia

DC Building Industry Association

DC Chamber of Commerce

DC Coalition for Capital Company

DC Commission on the Arts and Humanities

DC Department of Insurance Securities & Banking

DC Film Alliance

DC office of Chief technology officer

DC office of Contracting and procurement

DC office of planning

DC office of Women’s policy and Initiatives

DC Small Business Development Center

DC Women’s Business Center

Deanwood Heights Main Streets

Department of Consumer & Regulatory Affairs

Department of employment Services

Department of Housing & Community Development

Department of Small & local Business Development

Destination DC

Downtown DC BID

General Services Administration

Georgetown BID

Golden triangle BID

Greater Washington Board of trade

Greater Washington Hispanic Chamber of Commerce

Greater Washington Initiative

Green Collar Jobs Advisory Council

H Street Main Street

Historic Dupont Circle Main Streets

Housing Finance Agency

Howard university Center for urban progress

Institute for Market transformation

latino economic Development Corporation

Mayor’s office of GlBt Affairs

Mount Vernon triangle BID

Mt. Auburn Associates

neighborhood Investment Fund

noMa-Capitol Hill north BID

north Capitol Main Street

office of the Deputy Mayor for planning & economic Development

Shaw Main Streets

Small Business Administration, DC office

Social Compact

Sunderland, england partnership

trialogue Studio

university of the District of Columbia

urban land Institute

Venable, llp

Washington Area Community Investment Fund

Bjarke Ingels, Michelle Hoffman and Steve Moore at a teDx potomac luncheon, hosted by the WDCep

40 ConneCt | Washington, DC economic partnership

financials*

yEar EnDED 09/30/09 (auDItED)

assets

Cash $1,601,971

other Assets $251,906

total assets $1,853,877

liabilities & net assets

liabilities $196,366

net Assets $1,657,511

total liabilities & net assets $1,853,877

total Revenue $2,981,293

total expenses $3,148,266

change in net assets $(166,973)

yEar EnDED 09/30/10 (unauDItED**)

assets

Cash $864,077

other Assets $257,663

total assets $1,121,740

liabilities & net assets

liabilities $199,968

net Assets $921,772

total liabilities & net assets $1,121,740

total Revenue $2,087,987

total expenses $2,365,259

change in net assets $(277,272)

* Complete financial statements are available at the WDCep.

** the final information presented for this period is unaudited and is subject to change. the audit will take place in January 2011.

the Washington, DC economic partnership is your first point of contact for

development and business opportunities in the District of Columbia. We partner

with all parties, public and private, interested in making Washington a great place

to do business. entrepreneurs and artists, along with budding technology gurus

and non-profit visionaries, all come to us for guidance and assistance in mapping

out their strategies for success. Whether you plan to start a District-based business,

make your existing business more competitive, wish to connect to development and

retail opportunities, or simply want to use our research to make better-informed

decisions, think of the WDCep as your economic development resource.

learn more at wdcep.com | 1495 F Street nW, Washington, DC 20004 | 202.661.8670