Mount Vernon Triangle CID Hosts FY 2013 Annual Meeting; Links to PPT, Annual Report

Thursday May 29, 2014

The Mount Vernon Triangle Community Improvement District (MVT CID) today hosted its FY 2013 Annual Board and Membership Meeting and celebrated its 10th anniversary with MVT CID stakeholders, local residents, business owners and DC government leaders, including Mayor Vincent Gray. MVT CID President, Claire Schaefer Oleksiak and members of the Executive Committee led the meeting and recognized the Clean Team members, presented the accomplishments and initiatives from FY 2013 through today, reviewed the finances of the CID and presented the annual Public Service Award to Gina Schaefer, owner of 5th Street Ace Hardware.

Ms. Oleksiak commented, “From the enthusiastic and watchful care of our eight-person Clean Team and partnership with dedicated MPD officers and District Agencies, Mount Vernon Triangle streets are cleaner, safer and more inviting than ever. The new $7 million K Street Streetscape has transformed into a walkable MVT main street. I am looking forward to continuing to strengthen our commitment to economic development, high quality public space, and the community’s desire for parks.”

Each year, the MVT CID has recognized an individual in the community who, through their leadership, has improved the public experience. Gina Schaefer, owner of 5th Street Ace Hardware, was awarded the FY 2013 Public Service Award for Outstanding Leadership and Dedication to the Community. Gina, with her wonderful staff at Ace Hardware, has created a very special place on 5th Street. Since opening in 2008, 5th Street Ace Hardware has become the go-to place in Mount Vernon Triangle and the surrounding neighborhoods for every possible item you could need for your home and a positive customer service experience. The store animates the sidewalk with displays and you can find Ace at every community event, donating supplies, staff, their wonderful popcorn machine or resources to make a local event a reality.

FY 2013 through today represents a period of dynamic growth and development in the office, residential and retail sectors. In ten years, the Mount Vernon Triangle community has become one of the densest concentrations of residents in Washington, DC with 3,691 residential units existing or under construction. The CID also includes 1.7 million square feet of office space and more than 40 retailers. FY 2013 also marked the completion of the K Street Streetscape, which created a walkable MVT main street with outdoor seating and well-landscaped tree boxes. Since its completion, K Street and the bustling corner of 5th & K have become the hub of neighborhood activities and events.

New office and residential construction includes:

Association of American Medical Colleges office building
Arnold & Porter’s new 601 Massachusetts Avenue office building
Lyric 440K apartments
Meridian II apartments
m.flats apartments
460 New York Avenue condominiums

New restaurants and retailers joining the community because of its strong demographics include:

Alba Osteria
Le Pain Quotidien
Eye Street Cellars
Wells Fargo
Texas de Brazil

This strong development activity in the Triangle is being matched by organic and energetic neighborhood connections and community initiatives – from parent group listserves to neighborhood events at the 5th & K Street plaza to increased volunteerism throughout the community. Ms. Oleksiak added, “Mount Vernon Triangle is benefitting from visionary planning, public and private sector investment, a rich neighborhood history and strong community-minded participation by its stakeholders.”

The following Board Members were voted on for a three-year term and confirmed today:

Mr. Steve Boyle, Managing Director, Edens
Mr. Todd Dengel, Executive Vice President, MarcParc
Mr. Jimmy Dodson, Project Manager, Paradigm Companies
Ms. Tarra Kohli, Board President, Madrigal Lofts
Mr. Pete Otteni, Vice President, Boston Properties
Mr. Stephan Rodiger, Vice President, Kettler
Mr. Matthew Shannon, Owner, Champion Awards
Dr. James Terrell, Reverend, Second Baptist Church

The MVT CID presented the annual report for FY 2013, which can be downloaded at or picked up at the MVT CID office at 901 4th Street, NW. The Powerpoint presentation shown at the meeting can be accessed here. (NOTE: This is a 4 MG file)

About The Mount Vernon Triangle Community Improvement District
The Mount Vernon Triangle Community Improvement District is a private, nonprofit organization established to enhance the overall quality of life for residents, visitors, employees and property owners in the Mount Vernon Triangle (MVT) neighborhood in Downtown DC. Celebrating its 10th Anniversary in 2014, the MVT CID is considered to be one of DC’s best examples of a mixed-use community. The MVT is at the heart of the City—both geographically and culturally. Its boundaries include 56 city block fronts within the East End of downtown Washington, D.C., bordered by Seventh Street, Massachusetts Avenue, New York Avenue and New Jersey Avenue, NW. The MVT is a welcoming, authentic, and centered neighborhood that mirrors the City’s unique mix of historic and modern buildings, longtime and new residents, and diverse cultures, restaurants, and experiences. We invite you to explore our website at or follow us on Facebook and Twitter @MVTCID.