D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 10. PLANNING AND DEVELOPMENT |
SubTilte 10-A. COMPREHENSIVE PLAN |
Chapter 10-A7. ECONOMIC DEVELOPMENT |
Section 10-A706. ED-2 THE SPATIAL IMPACTS OF THE JOB MARKET
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706.1The addition of 125,000 jobs during the next 20 years will create the demand for office, retail, hospitality, institutional, and industrial space. Estimates of floor space needs for the 20-year period vary from around 35 million to 65 million square feet, depending on the mix of jobs and space utilization trends. Several hundred acres of land will be required to sustain this development, in a variety of settings with a variety of building types. Accommodating this growth will pose a challenge for the District, given that it is a mature city with fixed boundaries. 706.1
Enhancing partnerships with universities and other institutions generates business and employment growth in the research and development sectors.
706.2Different sectors of the economy will generate the demand for different types of space. The federal government, professional/technical services, and member associations will drive the demand for office space, especially in Central Washington. The education and hospital sectors will drive demand for institutional space, typically on campuses or in campus-like settings. Such settings may also be attractive to growth industries such as those in technology and design. Administrative and support services will generate demand for light industrial (also called office/flex) space, and the tourism sector will rely on retail, hotel, and cultural space in Central Washington and elsewhere. 706.2
706.3The following sections of the Economic Development Element explore the impact of projected job growth on each of these market segments. The policies and actions are intended to accommodate long-term economic growth needs by coordinating land use and transportation decisions and maximizing access to employment for District residents. These policies are supplemented by the job training and development policies that appear later in this Element, and by the commercial and industrial land use policies in the Land Use Element. 706.3
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