REAL ESTATE

Grocery anchor planned for mixed-use project near Fort Totten

BY CSA STAFF

Chevy Chase, Md. JBG Rosenfeld Retail said it has begun leasing efforts for Fort Totten Square, a joint venture of Los Angeles-based Lowe Enterprises and The JBG Cos., based in Chevy Chase, Md.

Fort Totten Square, located near the Fort Totten Metro station, in Washington, D.C., is planned to offer 130,000 sq. ft. of street-level, grocery-anchored retail topped by residential units.

Development is expected to commence during the second half of 2011, with delivery anticipated in 2013.

“The Fort Totten, Manor Park, and Riggs Park neighborhoods have long been underserved from a retail standpoint,” said JBGR principal Grant Ehat. “With this new, mixed-use development, it is our intention to bring much-needed retail options and services to the area residents, while creating a focal point for a major intersection that currently boasts little more than a fast-food restaurant and a package store.”

Ehat added that retail leasing efforts are underway.

The complete development site is a combination of land previously owned by Lowe Enterprises, as well as a parcel owned by the District of Columbia and the DC Department of Transportation. Under the terms of the joint venture agreement, Lowe and JBG will be co-developers of the development, with JBGR managing the retail leasing efforts.

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REAL ESTATE

City Sports to open Washington, D.C. flagship

BY CSA STAFF

Boston Sports and lifestyle retailer City Sports said Tuesday that it will open a Washington, D.C. flagship retail store in the Georgetown area in December.

The new location will be City Sports’ fourth District-area location and 18th store in the Northeast.

“Our new store will reflect the unique character of the neighborhood and deliver the legendary City Sports experience customers have come to expect from us,” said Jeffrey Connor, president and CEO, City Sports.

The 10,434-sq.-ft. store will span two floors, and will include such architectural features as exposed brick, concrete and metal, as well as will incorporate areas for product testing and interactive hotspots.

Special features of the Georgetown store will include interactive zones  that will offer shoppers the use of in-store iPads to access media, product information and the company’s website, an electronics department where shoppers can test different brands, and a “refuel” bar for energy food and sports drinks. The shop will also include a locker area, where participants in City Sports classes and activities can store their belongings, and a “parking room” for customers’ bikes and strollers.

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Macy’s in burned Roseville mall to re-open Friday

BY CSA STAFF

Roseville, Calif. A late Monday report by the Sacramento Business Journal said that the Macy’s at the Westfield Galleria at Roseville will reopen for business on Friday. All departments except shoes and cosmetics are expected to open.

According to the report, Macy’s will be a freestanding store as the roof caved in over the area that connected Macy’s to the rest of the mall.

Macy’s said it expects to have its shoe and cosmetics departments operating by the end of November.

The mall was damaged over a week ago in an arson fire that resulted in at least $55 million in damages. It is not yet known when the mall will fully reopen.

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