The Washington, DC Economic Partnership's Economic and Fiscal Impact Study, was completed in September 2014, by Delta Associates, a third-party, national research and forecasting consulting firm. The report provides a detailed overview of WDCEP’s positive impact on Washington, DC’s economy including building leases, job growth, and sales tax generation since its inception in 2000. The analysis was designed to measure the impact of the WDCEP’s business attraction and retention efforts, revealing that the organization is responsible for attracting and retaining 13,032 jobs, contributing $86.3 million annual in sales tax revenue, and the generation of 4.6 million square feet of new leases and development transactions. This is the second time the WDCEP has hired Delta Associates to produce this report.

1. 13,032  
Attraction & Retention
$86.3/
Sales Tax Generated by 2018
4.6
Square Feet of New Leases
Economic & Fiscal Impact Study
13,032 JOBS CREATED IN THE DISTRICT
The 234 employers assisted by the WDCEP since 2000 will have 6,746 full-time jobs and 4,235
part-time jobs when all locations have opened by 2018. Existing retailers represent 7,434 jobs in 174
locations, with an estimate of 3,546 jobs to be added in 41 retail locations that are under construction
or planned, including large format retailers such as Whole Foods, Lowe’s, Walmart, and Harris Teeter.
The WDCEP has assisted 18 office tenants that have an estimated 1,961 employees and one hotel that
employs 91 workers. District residents are expected to hold 60% of the total 13,032 jobs added by 2018.
4.6 MILLION SQUARE FEET OF
NEW LEASES AND COMMITMENTS
Businesses that have received WDCEP guidance have already leased 3.4 million square feet in office buildings, shopping centers, and
mixed-use projects. An additional 1.2 million square feet of leases and development deals are expected by WDCEP assisted businesses
that are scheduled to open by 2018. The 215 retail tenants assisted by the WDCEP represent about 3.7 million square feet of space—this
is a larger floor area than is contained in any super-regional mall in the Washington metropolitan area.
A recent analysis of the Washington, DC Economic Partnership’s (WDCEP) efforts shows that it has positively influenced the District’s
economy and contributed to significant job growth. The analysis was designed to measure the impact of the WDCEP’s business
attraction and retention efforts and reveals that the WDCEP is responsible for attracting and retaining 13,032 jobs, contributing $86.3
million annually in sales taxes revenue, and the generation of 4.6 million square feet of new leases and development transactions.
The Analysis of the Impact of the Washington, DC Economic Partnership’s Efforts on the District of Columbia was completed in
September 2014 by Delta Associates, a national research and forecasting consulting firm.
40%
60%
Non-DC Residents
DC Residents
Opened Businesses (2000–8/2014): 9,479 Expected to open by 2018: 3,553
Opened Businesses (2000–8/2014): 3,424,672 Expected to open by 2018: 1,189,401
2000-2014
www.wdcep.com

2. The estimated annual sales tax includes $63.6 million generated by 174 existing retail tenants and $22.7 million that will be
generated by 41 stores that are under construction or planned. As a point of comparison, in terms of retail sales revenue,
the WDCEP has been responsible for attracting the equivalent of Tyson’s Corner Center, the largest super-regional mall
in the Washington metro area, to DC.
Study Methodology
Metrics commonly used to evaluate economic development were reviewed and estimates provided on the number of jobs
created at each tenant location (full and part-time), floor area in square feet of leases (or commitments) at each tenant
location, place of residence of employees, and sales and tax revenue generated at each of the business locations. Both new and
existing businesses were evaluated including 215 retailers (174 existing), 18 office tenants (17 existing), and one hotel. The study
was completed using direct survey, available industry research on employment density by sector, data on commuting patterns,
sales productivity by category, and retail sales data.
The Washington, DC Economic Partnership (WDCEP)
has been a leader in advancing the District of Columbia’s
economic development agenda for the past 14 years.
Created by the DC Government as a public-private
partnership in 2001, the WDCEP’s mission is to
facilitate economic development throughout the District
through business retention and attraction activities. The
WDCEP supports business retention programs and
leads targeted initiatives to attract new business to DC
through corporate recruitment programs, providing
market intelligence to investors, educating businesses on
resources and real estate opportunities, and convening
public officials and private industry leaders to move
deals forward. Learn more at www.wdcep.com.
Business Attraction
Facilitating meetings with key
decision makers to move deals
forward
Business Development
Educating businesses on
incentives or resources available
A Leader in Advancing the District of Columbia’s Economic Development Agenda
©  Washington, DC Economic Partnership
Economic & Fiscal Impact Study
Opened Businesses (2000–8/2014): $63.6M Expected to open by 2018: $22.7M
2000-2014
WDCEP
3.7M
$1,860M
Tysons Corner
Center
2.2M
$1,843M
Fair Oaks
Mall
1.6M
$968M
Westfield-
Montgomery Mall
1.2M
$734M
FLOOR AREA (SF) ANNUAL SALES
Fashion Center at
Pentagon City
0.8M
$780M
Tysons
Galleria
0.8M
$778M
Market Tools & Resources
Providing key economic
development information and/or
market intelligence
Site Location Assistance
Educating businesses on real estate
opportunities in the District and
informing DC officials on the real
estate requirements of potential
prospects
WDCEP-Assisted Retail Tenants Compared to Select Super-Regional Malls
www.wdcep.com
$86.3 MILLION SALES TAXES PER YEAR FOR DC