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News release

WASHINGTON, DC

Private Sector Growth Seen in Morning Commuter Exits from Downtown Metro Stops as Federal Telecommuting Takes Hold

More than 32,000 Commuters Exit at Farragut North, Farragut West Stations Every Day According to JLL Chart of the Week


WASHINGTON, DC, OCTOBER 27, 2014 -- Washington, DC’s Farragut North and Farragut West Metro stations are seeing the highest number of exits during the peak morning commute this year, according to research analysis from JLL, which shows that both stations are only two among the 10 busiest Metro stops to see ridership increase in 2014.

"The increase in morning commuter exits at Farragut North and Farragut West speaks to the strength of Washington, DC's growing private sector," said Brian Sullivan, Managing Director, JLL’s Government Investor Service Group. “It also signals that the federal telecommute policies are taking hold, as fewer federal employees take Metro to work on a daily basis.”

Exits at Farragut North and Farragut West have risen 1.5 percent and 3.5 percent, respectively, over the same time period from a year ago. The largest drops in the total number of exits during the peak morning commute came in the West End, where the Foggy Bottom stop saw a 13.6 percent decline year-over-year. The next biggest drop was the Pentagon, which saw its commuter exits drop 5.4 percent, followed by the R-B Corridor, which dropped 4.4 percent.

While ridership is down across the system this year, not all stations and submarkets have been similarly impacted. Chevy Chase saw a 5.5 percent increase in its exits. The Bethesda CBD, Merrifield, Silver Spring and Washington, DC's central business district also saw year-over-year increases.

"A steady decline in federal employment has reduced ridership at East End stations that serve federal offices," added Sullivan. "The federal offices in the CBD are primarily focused on financial regulation, which has been growing."

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.0 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.0 billion square feet, or 280.0 million square meters, and completed $99.0 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $50.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.​