Millennials driving DC neighborhood growth

  • According to Jones Lang LaSalle research, three DC neighborhoods are favored by millennials: NoMA, Southeast, Shaw.
  • Residential development is “drastically outpacing” commercial in some newly developed areas.
  • NoMa by far leads the pack, with millennial growth of more than 1,000 percent between 2010 and 2014.

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In a recent analysis by Jones Lang LaSalle’s (JLL) research team, the top three DC neighborhoods that are most attractive to millennials stood out among all residential growth. During the years studied, the population of the 10 neighborhoods located along the edges of DC’s downtown core increased 8.4 percent, more than the 4.6 percent increase in the growth of DC proper.