Thursday, September 08, 2011

Shaw Giant Closes Today


Washington DC commercial real estate for lease - O Street Market in Shaw
The Giant supermarket has closed to make way for construction of the new Giant, anchor of the long-anticipated CityMarket at O in Shaw, with excavation planned for November, said Susan Linsky, project manager at Roadside Development. The new 71,000-s.f. Giant will be the first completed aspect of the project, as Roadside is contractually obligated to deliver a replacement within two years of closing the old store, meaning, by September 8th, 2013. "We're really excited," said Linsky. "However, there is a lot of work to do in advance of excavation." Facade support, utilities prep, etc. 
Giant supermarket to anchor the City Market at O Street project, developed by Roadside and built by Clark Construction

Construction, by Clark, will be in several phases and split between the east and west parcels. The east parcel, which is mainly comprised of the Giant, will be topped with affordable senior housing (84 units), and an apartment. Although the Giant will deliver first, the other two components of the east parcel will deliver last, likely in late fall 2014 or early spring 2015. The second phase of the real estate project, to deliver immediately following the Giant, will be the west parcel's 181-room hotel, a 400-unit apartment unit and several retail outlets (around 16,000 s.f. in all); likely completion date of these components is late fall 2013, or early spring 2014. A condominium, also on the west parcel, will be included in the last phase. The 1-million-s.f. urban infill project will be built on a parking podium consisting of over 500 spaces. Roadside believes the project will “serve as a catalyst for the revitalization of the Shaw community, one of Washington's oldest commercial, residential, and cultural districts.”

Washington D.C. real estate development news

3 comments:

Critically Urban on Sep 8, 2011, 4:30:00 PM said...

I think you've got the parcels backwards. The east parcel is where the new Giant will be. The west parcel is where the hotel and 400-unit apartment building will be. The Giant currently stands on this west parcel, which may have been confusing.

Big Philly said...

Although this leaves me without a nearby grocery store, I'm quite pleased it has finally happened. Hopefully, this will serve as the catalyst to additional renovations and commercial enterprises venturing into the abandoned and boarded up facade that is a majority of 9th St.

Anonymous said...

Critically Urban,

Yes, you are correct, thank you. As you know, a major aspect of the development is the retention of the historic facade of the O street Market, to be incorporated into the new Giant - making it pretty clear that the Giant will be on the east... embarrassing... apologies...

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