Van Ness Main Street Announces First Ever Van Ness Retail Study
Washington, DC (March 12, 2018) – A comprehensive study detailing the retail potential of the Van Ness area has now been completed. Van Ness Main Street, The University of the District of Columbia (UDC) and Bernstein Management partnered to select HR&A to conduct the study through a highly detailed and competitive RFP process.
The Van Ness Retail Study focused on the retail potential of the Connecticut Avenue retail corridor from Van Ness Street to Albemarle Street. The methodology entailed:
- Analyzing the current retail sales of the Van Ness trade area;
- Utilizing demographic and income data to determine unmet demand in multiple retail categories;
- Creating recommendations for specific types of retail opportunities; and
- Developing strategies to satisfy the identified retail demand gaps.