tag:blogger.com,1999:blog-22305958.post3866561840758925525..comments2024-03-25T18:50:15.135-04:00Comments on DCmud - The Urban Real Estate Digest of Washington DC: Downtown BID: State of the DowntownKenhttp://www.blogger.com/profile/08295461340042242438noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-22305958.post-87402427684504166562009-07-06T12:46:08.210-04:002009-07-06T12:46:08.210-04:00My observation of many of the new office buildings...My observation of many of the new office buildings that have popped up in the downtown area is that their ground floor space is usually what remains vacant the longest. Most of these new buildings appear to have their ground floor space and entrances only geared at a retailer that requires a lot of square footage. I would imagine if these ground floors were divided into smaller spaces we would see a lot more small independent eateries, deli's and boutiques come into Downtown. Hopefully those in the development and planning positions will see this post and make it a consideration.Scottnoreply@blogger.comtag:blogger.com,1999:blog-22305958.post-66455394446271734812009-07-06T08:48:30.736-04:002009-07-06T08:48:30.736-04:00Although the downtown core of WDC is relatively he...Although the downtown core of WDC is relatively healthy compared to the surrounding suburbs office market conditions, I would have to say things are not as rosey as they may appear. Owners are offering record concessions to attract renewals and new tenants, and the new areas of NoMa and the Riverfront will most likely compete to attract tenants away from the downtown core. Great time for tenants to look at their options, tough time for owners and there occupancy projections. 9.6% is very high compared to the sub 6.5% a year ago.Anonymousnoreply@blogger.com