Higher-End Retailers Thrive in D.C. Downtown Amidst Pandemic Challenges

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D.C.,Downtown,Pandemic

Despite the struggles faced by D.C.'s downtown in bringing back workers and businesses, higher-end retailers are experiencing success. Office occupancy is at 70 percent of pre-pandemic levels, while broader economic activity is only at 65 percent. Crime rates have decreased but remain higher than desired. Nine new high-end boutiques have opened in the area from April 2020 to October 2023.

While D.C. ’s downtown has struggled to bring workers and businesses back after the pandemic, higher-end retailers are having a moment. Office occupancy is at 70 percent of the pre-pandemic era, while broader economic activity is only at 65 percent.

Crime downtown has fallen but remains higher than desired. Despite these challenges, nine new high-end boutiques have opened from April 2020 to October 2023, according to retail data.

D.C. Downtown Pandemic Higher-End Retailers Office Occupancy Economic Activity Crime Rates Boutiques

 

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