Rosslyn Business Improvement Corporation Overview
Presented to FAAC December 5, 2017
Rosslyn Business Improvement Corporation Overview Presented to - - PowerPoint PPT Presentation
Rosslyn Business Improvement Corporation Overview Presented to FAAC December 5, 2017 Accessibility Residential Commercial 3 metro lines 10 mil sf of office space Rapid population growth 5 major road networks 400,000 sf
Presented to FAAC December 5, 2017
Rapid population growth
11,000 residents,
40.5% of the population is between 20 and 34
81% college degrees, 40% with graduate degrees
10 mil sf of office space
400,000 sf of retail space
100 retailers/restaurants
2,600+ hotel rooms
3 metro lines
5 major road networks
40,000 transit trips daily
Minutes to Georgetown, Capital, Pentagon, DCA
The BID organization 501 C6 11 full time staff Board of Directors Property
Residents Commercial tenants
7.60% 7.70% 7.80% 7.90% 8.00% 8.10% 8.20% 8.30% $0.0 $1.0 $2.0 $3.0 $4.0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Fiscal Year Per $100 of Assessed Value In Millions Budgeted Revenue BID Tax Rate
Marketing & Communications 19% Operational Services 24% Engagement 9% Urban Planning & Design 14% Community Events 17% Mgmt & Admin 14% Other 3%
2,000+ new employees Central Place Commercial &
Comprehensive transportation
West Rosslyn Area Plan Boat House Environmental Impact