- Currently DC residents spend more than $1 billion outside of the District (SAY WHAT???)
- Many parts of the City are under-served in basic services, retail, and dining (no duh)
- There is a mismatch of retail in some areas -- too much of one kind and not enough of others (I wonder what the ratio is of liquor stores to grocery stores... things that make you go hmmmmmmmmmm)
- The District is not reaching its potential in capturing resident, daily worker, and visitor expenditures
In thinking of my own expenditures from the calendar year 2008 (estimates of course)...
- Groceries: $3000, which 95% was spent in Alexandria, 5% in Ward 7
- Target: $1000, which 100% was spent in Alexandria
- Movies: $500, which was spent in Alexandria and Chinatown
- Cleaners: $200, which 100% was spent in Arlington
- Dining: $500, NOT A SINGLE PENNY WAS SPENT IN WARD 7 or 8 (ARGH!!!!)
- Gym Membership: $1000, has anyone realize we have no real membership gyms in River East
That comes up to $6,200 of which only $150 stayed in River East. SHAME SHAME SHAME. Now... what does all this mean? If the District is leaking residential expenditures, then Ward 7 and 8 must be gushing dollars out of this area. Oh the humanity... I think R.E.E.L has a an opportunity to be vocal and at the forefront in getting some much needed retail in River East.