Pentagon City

Named for its famous five-sided military hub, Pentagon City is the region's longstanding shopping capital with its dual anchors: the newly-renovated Fashion Centre at Pentagon City and the open-air Pentagon Row. As the bustling food hall and circling tour buses tell you, the Fashion Centre's 800,000 SF of retail is loved by locals and tourists alike. Right next door, Pentagon Row packages quality dining alongside home goods retailers in a town center setting with its multi-use outdoor promenade.

Pentagon City provides limitless opportunity for retailers as the market continues to evolve with more than 700 residential units opening recently, while another 1,200 units are approved and ready for construction. Buoyed by the new residential base, Whole Foods opened a store in the neighborhood along with numerous regional and national restaurant chains.
 

Pentagon City Retail Profile (PDF)
 

Key Demographics

Population 1/4-Mile 1/2-Mile 1-Mile
Residents 1,976 12,569 23,763
Daytime 9,842 15,941 44,111
Educational Attainment      
Bachelor's or Higher 86.8% 82.5% 82.5%
Household Income      
Median $129,277 $93,875 $99,376
Average $164,892 $122,256 $126,688
Age      
20 29 29.1% 28.7% 27.1%
30 39 31.2% 26.7% 24.3%
40 49 14.3% 11.1% 11.5%
50 59 11.4% 10.1% 10.7%
Median 33.5 34.3 34.5

Source: ESRI (2017) - Radius from 1250 S Hayes Street
 

Transportation Statistics

Mode Count
Metro Boardings 12,118 Weekday
Daily Traffic Count 17,500 - 12th Street/Hayes Street
Walk Score 83 - Very Walkable

Source: Arlington County; Walk Score; WMATA
 

Development Summary

Type Existing Under Construction Approved
Hotel Keys 665 0 500
Office SF 1,216,872 0 1,809,000
Residential Units 6,503 440 821
Retail SF 1,708,234 10,739 75,719

Source: Arlington Economic Development - includes entirety of Urban Village
 

Large Employers

Company Count
RAND Corporation 300 599
Metropolitan Building Services 150 299
DT Management 150 299
Management Systems 150 299

Source: Arlington Economic Development

 

Notable Restaurants

Bonefish Grill | California Pizza Kitchen | Chevys Fresh MexEpic Smokehouse | honeygrow | Lebanese Taverna | Matchbox | Nando's Peri-Peri | Shake Shack
 

Notable Shops

Best Buy | CostcoThe Fashion Centre at Pentagon City | Harris TeeterMarshall's | Pentagon Row | Whole Foods

 

Contact

Michael Stiefvater

(703) 228-0827

[email protected]

Copyright © 2018 Arlington Economic Development