These high-end retailers are beating downtown D.C.’s struggling vibes

Date:

While D.C.’s downtown has struggled to bring workers and businesses back after the pandemic, higher-end retailers are having a moment.

Downtown D.C. foot traffic is at 70 percent of the busier pre-pandemic era, according to local officials, with office occupancy hovering near 50 percent, according to data from Kastle Systems, which tracks office card swipes. As of the first quarter of 2023, broader economic activity was only at about 65 percent of levels predating the pandemic, according to a DowntownDC Business Improvement District (BID) report released last summer. And crime downtown, which has fallen since the beginning of the year, is still higher than many business owners would like.

Share post:

Popular

More like this
Related

Real Madrid General Director tells La Liga to cut funding for women’s football

Real Madrid and La Liga are never short of...

NASCAR: Denny Hamlin to have new crew chief for 2025 Cup Series season

Denny Hamlin will have a new crew chief as...

McDonald’s will serve up a McValue offering in 2025. Here’s what’s in it.

McDonald's is planning to offer...

Golfweek Gift Guide 2024: Best customizable and personalized golf gifts

What better way to spoil the golfer in your...