RCLCO
34 Case Studies
A RCLCO Case Study
The District of Columbia Government faced a significant challenge in revitalizing its downtown area following a post-pandemic outflow of office workers, which led to declining activity and threatened commercial property tax revenues. The city engaged real estate consulting firm RCLCO to develop a comprehensive action plan to identify new, resilient sources of demand and boost foot traffic.
RCLCO conducted extensive research, including fiscal analysis, market studies, and consumer surveys, to develop approximately 100 policy interventions. The vendor created an analytical framework to evaluate these strategies for their potential impact on key metrics like tax revenue and retail spending. Following the plan's delivery, the District government and local BIDs began implementing recommendations, including a program to attract international companies, and subsequently engaged RCLCO for further related efforts.