Park Place apartments retail rumor
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By the way... I heard a rumor that 7-Eleven has either backed out or is no longer being offered a lease at the Park Place apartments (on Georgia Ave over the metro stop). I believe the Wells Fargo bank is still slated to open, but no word on the other empty retail space.
I understand that the sale of the building last year by Canyon-Johnson Urban Fund (for $64 million) to TA Realty (paywall link) was predicated upon having long-term leases (hence national chains like 7-Eleven, Dunkin Donuts and Wells Fargo who can afford a long-term lease), so I wonder if another national chain is going to take that spot. Be nice to see local-owned businesses come into those long-empty spots. Kids' clothing store maybe?
We'll see what happens.
Join President Lincoln’s Cottage on September 19, from 10am to 2pm, for their free annual Homecoming celebration inspired by the Lincoln family’s time living on the grounds of the Soldiers’ Home, here in the Petworth neighborhood.