Tuesday, June 21, 2011

Retail, Coming Soon to The Avenue in Foggy Bottom

The Avenue at Foggy Bottom and George Washington University, Boston Properties new retail centered development
The Avenue
is the newly completed $250-million, retail-centered mixed-use project taking up 2.6 acres of George Washington University's property at 2200 Pennsylvania Avenue, NW.  The occupies the southeastern corner of Washington Circle, where the old GW Hospital once stood. Leased to Boston Properties as the developer, The Avenue, also known as Square 54, incorporates 80,000 s.f. of retail space, which will soon begin occupancy and create a new retail center in the Foggy Bottom neighborhood.

Incoming retail tenants will join three already in place at The Avenue: Devon & Blakely, a gourmet deli, opened in April; NIH Federal Credit Union, opened in May; and Citibank, which opened last week.

The soon-to-arrive retailers are as follows:
  • Whole Foods Market – The high-end grocer with lowly, grassroots beginning in 1980 in Austin and world’s largest retailer of natural and organic foods (redemption through $20 beer class offering every Thursday in Logan Circle) will occupy approximately 36,000 s.f. across two levels beginning September.
  • Circa at Foggy Bottom (Late June/Early July) – American-style bistro, owned by The MHG Group of Falls Church. This location will be the third in the DC-area; behind Dupont in 2007, and later Clarendon. Circa offers over 20 wines by the glass and seasonal cocktails, including a blackberry margarita with a splash of Chambord.
  • Roti (Early July) – Mediterranean-themed eatery out of Chicago. Pronounced “row-tee,” this location will join three already in the District; two more are to follow suit in the fall.
  • Sweetgreen (Late June/Early July) – Fast-casual restaurant, menu-listed and mix-your-own salad/wrap options, big choices with small environmental footprint (i.e. biodegradable packaging), tart fro-yo offered in house and out of the Sweetflow food truck.
  • CCLC (July/August) – day care provider
  • District Commons and Burger, Tap & Shake (August/September) – two-in-one concept (sit-and-eat in restaurant or grab-and-go from the counter) from the Passion Foods group. District Commons and Burger, the restaurant portion of the dual combo, will offer boozed-up milkshakes for full-grown kids, and 20 American microbrews on tap.

Commercial tenants, occupying 440,000 s.f. of office space at The Avenue, are:
  • Law firms: Bergeson & Campbell, Hunton & Williams, and Vinson & Elkins
  • Financial institution: Ares Capital
  • Manufacturing/Tech firm: Danaher Corporation
  • Shared office space: Regus

Residential units at The Avenue are ready to be occupied as well, and to date approximately 130 out of the 335 have been leased.

Washington D.C. real estate development news


Anonymous said...

All food related retail. People do have to buy other things right?

Stephen World on Jun 23, 2011, 12:28:00 AM said...

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Boris Feldblyum said...

You forgot to mention the architect: Pelli Clarke Pelli. I think it's only the second building by Cesar Pelli's firm in DC area, the first being ex-COMSAT in Germantown.

Anonymous said...

Boris - Pelli also designed the "new" terminal building at Washington National Airport and the expansion of the historic Investment Building in downtown DC. I think there also may be some Pelli-designed single family homes scattered throughout the DC area.

Anonymous said...

Pelli also designed a new office building on K Street (around the 1900 block, if I recall, on the south side) and a large private house in suburban Maryland, just for the record. He's also working on the new National Children's Museum to be located in the horrid National Harbour complex.

Anonymous said...

Well Boston Properties you certainly cannot call this a mixed use building. Why all food? DC needs more places to buy things. Why do we let all of the sales tax dollars go to MD and VA?

Que said...

You would think a CVS or Wallgreens would be one of the retailers due to how close it is to the hospital

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