What CityCenterDC does

CityCenterDC is a private, 10-acre pedestrian-friendly mixed-use real estate development in downtown Washington, D.C., at the intersection of 10th and H Street NW. Co-developed by Hines and Qatari Diar and managed by Hines Interests Limited Partnership under contract with the CCDC Common Area Association, the project opened in 2015 and integrates luxury retail, fine dining, Class A office, residential, hospitality, and public cultural space within a single curated footprint.

The property's physical platform comprises over 221,000 square feet of retail housing 40+ shops and restaurants, more than 520,000 square feet of office space, 458 rental apartments and 216 condominium units, the 360-room Conrad Washington, DC hotel, and a 1,550-space parking garage. Retail tenants include flagship boutiques for global luxury houses — Chanel, Dior, Gucci, Louis Vuitton, Hermès, Tiffany & Co., Bulgari, Brunello Cucinelli, Burberry, Christian Louboutin, and others — alongside dining concepts such as Del Frisco's Double Eagle Steak House, Centrolina, Estuary, Seven Reasons, Dolcezza, and Tatte Bakery & Cafe. Experiential tenants include Museum of Illusions, Sandbox VR, and Corepower Yoga. Public spaces — The Park at CityCenter, The Plaza at CityCenter, and Palmer Alley — host rotating art installations (Wild Race Against Time by Gillie and Marc; Urban Living Rooms by Tung Nguyen), seasonal events, and performing arts programming.

CityCenterDC generates revenue through seven streams: retail leases, F&B tenant leases, hospitality (the Conrad hotel), residential rentals and condominium sales, Class A office leases, parking operations, and cultural programming that drives foot traffic. Individual tenants manage their own sales and consumer relationships, while Hines manages common areas under the CCDC Common Area Association. Marketing centers on social-first cultural storytelling, the CCDC Journal editorial platform, and event-driven activations produced with partners such as Design Army.

Name

CityCenterDC

Legal name

CityCenterDC REA Manager, Inc.

Website

https://citycenterdc.com

Company type

Private

Founded year

1957

Operating status

Operating

Headcount range

11–50 employees

Short description

CityCenterDC is a shopping, destination, and business center offering dining, office buildings, and apartments.

Ownership category

akta.pro rank

Product category

Mixed-Use Real Estate Development

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (53112), Traveler Accommodation (7211), Lessors of Residential Buildings and Dwellings (53111)

SIC

Real Estate Operators (No Developers) & Lessors (6510), Lessors Of Real Property, Nec (6519), Hotels & Motels (7011)

akta.pro primary industry

Convention Campus & District Operators (Integrated Venue Districts) (THAHAAAL)

akta.pro secondary industry

Urban & Downtown Full-Service Hotels (THAGAAAA)

Keywords

• Mixed-use real estate
• Luxury retail leasing
• Urban property development
• Hospitality services
• Commercial office leasing

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Retail Lease Revenue: CityCenterDC generates primary revenue through leasing over 221,000 square feet of retail space to luxury and lifestyle brands. Tenants include global fashion houses (Chanel, Dior, Gucci, Hermès, Louis Vuitton), jewelry brands (Tiffany & Co., Bulgari, David Yurman), watch retailers (Breitling), and specialty retailers. Lease structures vary by tenant.
2. Food & Beverage Tenants: Revenue from restaurant and cafe leases including fine dining (Del Frisco's Double Eagle Steakhouse, Centrolina, Estuary), fast-casual dining (Dolcezza, Piccolina, Tatte Bakery & Cafe, Fruitive), and summits bars. Tenants operate independently and pay rent.
3. Hospitality — Conrad Washington DC: The 360-room Conrad Washington, DC hotel operates within the development, contributing hospitality revenue through room bookings, dining at Estuary and Summit, and event spaces. Hotel services include the Aescape wellness experience.
4. Residential — Rental & Condominium Units: CityCenterDC includes 458 rental apartment units and 216 condominium units generating residential rental and sale revenue. The development also links to Apartments at CityCenter.com for rental listings.
5. Office Space Lease: Over 520,000 square feet of prime office space is leased to commercial tenants, generating recurring office lease revenue. See citycenterdcoffice.com for office leasing inquiries.
6. Parking Garage Revenue: A 1,550-space parking garage within the development generates revenue from hourly and daily parking.
7. Cultural Programming & Events: CityCenterDC monetizes foot traffic and brand engagement through public art installations, seasonal events, and cultural programming that draw visitors to the property. Events include the Wild Race Against Time (Gillie and Marc), Urban Living Rooms (Tung Nguyen), Farmers Market, Putt in the Park, and The Washington Ballet performances.

Go-to-market motion2 records

Distribution channels8 records

Marketing channels8 records

Core offering

CityCenterDC is a mixed-use real estate development in downtown Washington D.C. that integrates luxury retail, fine dining, a hotel, premium office space, and luxury residential units into a single integrated property. The development is owned and operated jointly by Hines (a private global real estate firm) and Qatari Diar (the real estate investment arm of Qatar Investment Authority). Revenue is generated primarily through leasing space to upscale retail, restaurant, and office tenants, and through hotel and residential operations.

Product overview

CityCenterDC is a unified mixed-use development platform combining luxury retail, fine dining, hospitality, and cultural experiences in a single 10-acre destination. The portfolio centers on the core mixed-use development itself, supplemented by over 40 luxury retail boutiques (Gucci, Dior, Louis Vuitton, Hermès, Chanel, Tiffany & Co., and others), diverse dining options (Centrolina, Del Frisco's, Dolcezza, Estuary, Seven Reasons, Tatte Bakery & Cafe), the Conrad Washington DC hotel, and immersive experiences including Museum of Illusions, Sandbox VR, and rotating public art installations. Public spaces including The Park, The Plaza, and Palmer Alley host year-round cultural programming and seasonal events.

Differentiator

Problem solved

Functional benefit

Products and services

• Luxury Retail Space Leasable luxury retail storefronts within CityCenterDC's mixed-use development in downtown Washington D.C., leased to high-end consumer brands seeking flagship or premium locations serving affluent shoppers, business travelers, and government/diplomatic clientele.
• Fine Dining and Restaurant Space Leasable restaurant and dining spaces within CityCenterDC's mixed-use development in downtown Washington D.C., operated by upscale restaurant tenants serving on-site visitors, hotel guests, office tenants, residents, and the broader downtown D.C. market.
• Premium Office Space Class-A office space within CityCenterDC's mixed-use development in downtown Washington D.C., leased to corporations, law firms, lobbying groups, associations, and professional services firms seeking a prestigious address near federal government and the K Street corridor.
• Luxury Residential Units Luxury apartments and/or condominiums within CityCenterDC's mixed-use development in downtown Washington D.C., marketed to affluent individuals, professionals, government officials, and households seeking full-service urban living with integrated amenities.
• On-Site Hotel Luxury hotel accommodations within CityCenterDC's mixed-use development in downtown Washington D.C., serving business travelers, leisure tourists, and event attendees seeking upscale lodging near government and cultural attractions.

Quantifiable outcome

• 40+ shops and restaurants
• +3 more outcomes

Named customers16 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core, minor and flagship.

• Gillie and MarccoreStrategic or Co-development Partner · 1 April 2026World-renowned 'eco-warrior artists' Gillie and Marc created 'Wild Race Against Time' — a public art installation featuring 15 larger-than-life anthropomorphic sculptures of endangered animals placed throughout CityCenterDC. The installation launched in early June 2026 and includes QR codes linking to Love the Last Wildlife Fund for visitor donations.
• De Novo GalleryminorStrategic or Co-development Partner · 1 April 2026DC-based De Novo Gallery's 'The Window Project' transforms storefronts and unexpected urban spaces into curated canvases. Artists Ben Tong and Emma Childs display paintings at street-facing windows along the 900 block of I Street, introducing a new way for art to be discovered and purchased in an urban context.
• The Washington BalletcoreStrategic or Co-development Partner · 1 April 2026The Washington Ballet returned for two free public performances at CityCenterDC on May 29 and 30, 2026 (rain date May 31). World-class dancers performed for two evenings in what has become a beloved annual tradition. Performances began at 6:30 p.m. on a first-come, first-served basis.
• Love the Last Wildlife FundminorGTM or Marketing Partner · 1 April 2026CityCenterDC's Wild Race Against Time installation by Gillie and Marc includes QR codes displayed throughout the exhibition that allow visitors to donate to the Love the Last Wildlife Fund, supporting global conservation efforts.
• Design FoundryminorStrategic or Co-development Partner · 1 February 2026Design Foundry is available to collaborate on engineering and fabrication support for the '250 Years of American Style' public art installation winner, ensuring safe and high-quality execution of the suspended multi-block installation in Palmer Alley.
• Sidra FormanminorGTM or Marketing Partner · 1 February 2026Local floral artist Sidra Forman created a custom Valentine's Day flower arrangement for a CityCenterDC Instagram giveaway. The arrangement featured foraged branches, mimosa, winter tulips, daffodils, and anemones, reflecting nature, seasonality, and craftsmanship.
• AescapeminorStrategic or Co-development Partner · 1 January 2026Aescape offers an intelligent, personalized massage experience at Conrad Washington, DC, powered by advanced technology with synchronized massage arms and an interactive Aerview touchscreen. The 30-minute sessions deliver the benefits of a traditional 60-minute massage. Available exclusively to Conrad hotel guests.
• Design ArmyflagshipGTM or Marketing Partner · 7 October 2025Design Army, an award-winning creative agency, conceived and produced the #MyCityCenterDC campaign — a seven-part episodic social-first video series featuring four archetypal Washingtonians in a cinematic dramedy. The campaign positions CityCenterDC as a cultural stage and represents a deliberate departure from traditional retail advertising.
• HinescoreStrategic or Co-development Partner · 7 October 2025Hines is the co-developer of CityCenterDC alongside Qatari Diar and serves as the property manager contracted to operate the Common Areas (The Park at CityCenter, The Plaza at CityCenter, and Palmer Alley) on behalf of the CCDC Common Area Association. Hines Interests Limited Partnership is headquartered in Houston, Texas.
• Qatari DiarcoreStrategic or Co-development Partner · 7 October 2025Qatari Diar is the co-developer of CityCenterDC alongside Hines. Qatari Diar is a Qatar-based real estate development company specializing in luxury mixed-use projects.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Hudson Yards: Hudson Yards is a 28-acre mixed-use luxury destination in Manhattan combining 1+ million sq ft of retail, Class A office, residential, and a hotel — the closest direct comparable to CityCenterDC's integrated luxury destination model.
• Lincoln Square: Lincoln Square is an integrated mixed-use development on Manhattan's Upper West Side combining luxury retail, residential, hotel and cultural anchors (Lincoln Center) — comparable to CityCenterDC as a cultural-anchored luxury destination.
• Santana Row: Santana Row is an 8.2-acre luxury mixed-use destination in San Jose featuring high-end retail, dining, residential, and a hotel — directly comparable in scale and tenant mix to CityCenterDC.
• Brickell City Centre: Brickell City Centre is a 4.1-million sq ft luxury mixed-use development in Miami combining flagship retail, office, residential, hotel, and wellness — comparable in tenant curation and experiential programming.
• The Grove: The Grove is an outdoor luxury retail and dining destination in Los Angeles combining high-end retail, dining, residential and a movie theater — comparable to CityCenterDC's curated luxury outdoor experience model.
• Country Club Plaza: Country Club Plaza is a historic 15-block outdoor luxury shopping and mixed-use district in Kansas City with luxury retail, dining, residential and office — comparable as a destination-scale curated retail environment.

Regional players

• Tysons Galleria: Tysons Galleria is a luxury super-regional mall in Northern Virginia housing many of the same luxury maisons (Chanel, Dior, Gucci, Louis Vuitton, Tiffany) that anchor CityCenterDC — the most direct DC-area competitor for luxury tenant capital.
• National Harbor: National Harbor is a 350-acre mixed-use waterfront destination in Maryland with retail, dining, hotel, residential, and entertainment — a DC-area competitor for tourist and experiential spending.

Broad incumbents

• Rouse Company / Seritage equivalent (Westfield) trophy assets: Unibail-Rodamco-Westfield is a global operator of flagship destination retail centers including luxury-anchored assets — comparable to CityCenterDC as a trophy-asset operator with luxury flagship concentration.
• Related Companies mixed-use portfolio: Related Companies is a national developer of luxury mixed-use destinations (Hudson Yards co-developer, The 78, etc.) — comparable to Hines as an institutional luxury mixed-use developer with multi-asset scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/CityCenterDC
• Facebookfacebook.com/CityCenterDC
• Instagraminstagram.com/citycenterdc
• LinkedInlinkedin.com/company/citycenterdc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CityCenterDC