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Five-Year Economic Development Strategy

5 year economic development photo

The Five-Year Economic Development Strategy is the District’s first strategic roadmap for sustained, sector-driven economic development. This plan contains the visions, goals, and initiatives that will transform the District by creating 100,000 new jobs and generating $1 billion in new tax revenue to support city services over the next five years.

The Five-Year Economic Development Strategy for the District of Columbia contains the following goals:

  • Identify Washington, DC as an ultimate worldwide destination spot
  • Create a roadmap of prosperity in Washington, DC
  • Bring together a meaningful community of businesses, civic leaders, academic organizations, and other stakeholders of Washington, DC
  • Forge the most business-friendly economy in the nation
  • Grow the most competitive technology presence on the east coast
  • Preserve Washington, DC's signature shops and family destinations and end retail leakage
  • Develop a best-in-class, global medical center
  • Become the top North American destination for foreign investment in businesses and tourists
  • Increase job opportunities in Washington, DC
  • Make Washington, DC one city

Select the links below for additional information: