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Capitol Riverfront BID Chief Michael Stevens Plans to Step Down 

Michael Stevens, who has led the Capitol Riverfront Business Improvement District for more than 17 years, plans to step down from his role in September, reported by Washington Business Journal.  

The business district has been trying to find a successor, who will begin working alongside Stevens in August. During Stevens’ tenure, the area transformed from a largely neglected stretch of Anacostia waterfront into one of the most densely developed mixed-use parts of the District, with a daytime workforce of around 36,000 and more than 18,600 residents.  

“I went to the board and said, ‘Optimally, I should be working myself out of a job,'” Stevens told WBJ, who turns 69 in July. Stevens plans to continue teaching at Georgetown University and engaging in volunteer activities, including consulting work for downtown redevelopment efforts. “I’ve delayed travel quite a bit, and I want to see the world.” 

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Michael Stevens

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

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