The Bloom is in a high opportunity neighborhood: What does that mean?

When we talk about the upcoming Bloom in the Braddock Road Metro neighborhood, we frequently reference that it is a “high opportunity neighborhood”, which, if you’ve lived around here just feels like a given. But nothing about the Braddock Road Metro is based on feeling – in addition to the things that we know about the area as residents and neighbors (it’s Metro stop location, proximity to the future Amazon HQ2/VA Tech Campus, and vibrant street character), there’s data and numbers that back it all up as a great place to put down roots. Using Enterprise’s Opportunity360, we modeled out just a few of those details below:

Mobility and connectivity in the Braddock Road Metro is unparalleled

1.png
2.png

Braddock Road Metro (BRM) scores better in mobility rankings than 97% of the nation’s census tracts, and better than the greater region in key measurement categories like “percent of workers commuting over an hour”. People who live here have less need for a car and have plentiful public transit options that don’t require extensive commutes.

42% of BRM residents drive to work, which is half the national average. 42% of BRM residents use public transit to get to work, compared to just 5% nationwide.

Braddock Road Metro community institutions are strong

5.jpg
3.jpg

Living in this tract provides high access to community resources. In addition to cultural touchpoints available in the Old Town area (museums, historic landmarks, civic offices, and the waterfront included), the BRM tract keeps people connected to educational, economic, and consumer resources – libraries, banks, preschool, parks, doctors, and more are all under a half mile’s walk.

Additionally, employment opportunities for people living in this tract are plentiful – there are 2.5 times as many jobs accessible within a 45 minute transit trip from BRM as compared to the Beauregard neighborhood in Alexandria’s West End.

 

There isn’t much housing affordable to low income families here – but those who have access to it thrive.

edited.jpg
edited.jpg

Only 1.88% of 2-BR units in this tract are considered affordable at 50% of the Area Median Income – about $59,000 for a family of four – which is less than the regional average of 5.94%. But, for low-income households living in this area, 28% of them are “severely cost burdened” (paying more than half their income in rent), compared to 41% regionally. What does this mean? Low income families who can live in this area have access to things that help reduce their cost burdens – namely, plentiful public transportation and a diversity of jobs. Adding the Bloom to this neighborhood expands that opportunity.

(Of course, when you consider that this building will not just be home to AHDC’s The Bloom, but the newly renovated Carpenter’s Shelter (link connects to the Carpenter’s website) as well, the benefits of this high-opportunity neighborhood expand further towards all Alexandrians.)

Want to learn more about the Bloom or sign up for the apartment opening notification list? Click over to our page to see more.

All images from this article come from the Enterprise Opportunity360 auto-generated report, pulled from a query of tracts in the 22314 zip code, and with the address 930 N. Henry Street - the Bloom’s future location - highlighted. The “region” that this census tract is compared to is the Washington metropolitan area (link to Wikipedia).