Thursday, August 5, 2010

Various real estate blogs are reporting that Whole Foods has signed a lease agreement with Boston Properties to occupy 37,000 s.f. in their Foggy Bottom development. The site on Washington Circle, known as Square 54, has long been rumored as a prospective house for the upscale grocer, but Boston Properties had declined to comment on the possible tenant, maintaining a Whole Foods policy of not commenting on leases and plans.

The grocery store will be the closest full-service supermarket to many Georgetowners, providing stiff competition for the newly opened Safeway just north of Georgetown. The former hospital site will provide 335 apartment units and 440,000 s.f. of office space, on a 60-year lease from George Washington University to Boston Properties. The residences are expected to open in early 2011, with Whole Foods thought to open in mid 2011.

Washington DC real estate development new

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