12.08.2013 Views

INDUSTRIAL LAND IN A POST-INDUSTRIAL CITY District of ...

INDUSTRIAL LAND IN A POST-INDUSTRIAL CITY District of ...

INDUSTRIAL LAND IN A POST-INDUSTRIAL CITY District of ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>District</strong> <strong>of</strong> Columbia Industrial Areas Study DC Office <strong>of</strong> Planning<br />

Prepared by Phillips Preiss Shapiro Associates, Inc.<br />

These two areas are examples <strong>of</strong> the immense growth in many <strong>of</strong> the region’s suburban areas.<br />

During the same period <strong>of</strong> time, the <strong>District</strong> <strong>of</strong> Columbia did not witness any increases to its<br />

existing industrial capacity. As surrounding competitive markets grow, the range <strong>of</strong> options for<br />

size, rent, and amenities available in other locations will put added pressure on the <strong>District</strong> to<br />

expand incentive programs for downtown sites. For a number <strong>of</strong> industrial users, however,<br />

space in the <strong>District</strong> will hold a convenience, city access, and government amenities attraction<br />

that will not be undone by suburban <strong>of</strong>ferings.<br />

Limited Development Potential<br />

One <strong>of</strong> the major issues with the future <strong>of</strong> the <strong>District</strong> <strong>of</strong> Columbia’s industrial market is its<br />

limited ability to expand. As demonstrated above, other communities are creating industrial<br />

centers intended to provide expansion opportunities and to satisfy a variety <strong>of</strong> space<br />

requirements for the vast array <strong>of</strong> industrial users that coexist in this regional market. The<br />

<strong>District</strong> is limited by available land and space from supplementing its market in a similar manner.<br />

The <strong>District</strong>’s industrial market serves a critical role in the region’s industrial framework. It<br />

provides small industries with an opportunity to establish themselves with the support <strong>of</strong> the<br />

<strong>District</strong> government and reasonably affordable space. It also <strong>of</strong>fers convenience to downtown<br />

project sites and access to a concentrated workforce for construction, infrastructure-related<br />

industries, and manufacturing enterprises. The importance <strong>of</strong> these businesses and their<br />

associated space is not limited to the <strong>District</strong>, but extends to the health and strength <strong>of</strong> the<br />

region’s industrial future.<br />

3.2.5 IMPLICATIONS FOR THE STUDY<br />

The <strong>District</strong> is at a distinct competitive disadvantage in the regional industrial market. A May<br />

2006 analysis by the DC Office <strong>of</strong> Planning was particularly telling. 32 It noted that given current<br />

market trends, private firms would likely out-compete DC in the regional and local market. It is<br />

not realistic for DC to expect to house its essential public sector functions outside <strong>of</strong> its own<br />

borders—the market is too competitive and the space is too limited. Assuming the private sector<br />

absorbed the available space industrial within DC, then, in order to meet its public sector<br />

industrial land use needs, DC would have to capture 80 percent <strong>of</strong> the remaining space in the<br />

regional market! This would be a highly unlikely proposition for a fast-moving, deep-pocketed<br />

private investor; it would be impossible for a government actor with limited funds. This<br />

underlines the need to strategically plan for public sector land use needs.<br />

Furthermore, the <strong>District</strong>’s industrial inventory is generally characterized by a stagnant inventory<br />

and declining availability due to constrained land resources, declining vacancy rates, and a<br />

32 See Chart 6.1 in the Appendix <strong>of</strong> this report.<br />

- 73 -

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!