Showing posts with label Harris Teeter. Show all posts
Showing posts with label Harris Teeter. Show all posts

Friday, May 4, 2012



In a slip-of-the-tongue Thursday afternoon during the developer’s presentation at the Montgomery County Planning Board Meeting, Harris Teeter was named as the grocery store slated for the StonebridgeCarras residential and retail development at the Trillium Site in downtown Bethesda.


Residents speculated and hoped for various stores including a Harris Teeter and Whole Foods, but it had not been confirmed before today.

In a heated discussion, the StonebridgeCarras team proposing a 9-story, 360-unit apartment building for the recently purchased Trillium Site pushed back against a few key conditions placed on their proposal by Montgomery County Planning Commission staff: calculated vehicle trips and required gateway architecture.

The site, filling the block along Battery Lane between Woodmont and Wisconsin avenues, is designated as a gateway in the master plan, requiring special treatment to the building along both Wisconsin and Woodmont. Neither side disputes that fact, but they do disagree on how to indicate the gateway.

Staff wants special treatment to the corners of the building along the streets, and they argue the special treatment is in the center of the development. Developers say they intentionally created understated, stepped corners to meet the requirement and used different techniques in the center to draw the public into the public space.

The Board weighed both arguments and ultimately decided to allow the developers to keep their deign.

Staff received a handful of community comments that focused on the lost arts incubator space in the new plan,  but that feature was not added back into the development.

With the new plans approved, Stonebridge can continue moving toward development.

Bethesda, Maryland, real estate development news

Tuesday, December 7, 2010

NoMa finally gets its first grocery store with the impending inauguration of the 50,000 s.f. Harris Teeter store at 1201 First Street, NE, which officially opens its doors tomorrow. Its been two years since StonebridgeCarras announced Harris Teeter would occupy their anchor spot in Constitution Square, and tomorrow brings that promise to fruition. But why wait until tomorrow, when you can get free wine and a sneak peek tonight. Following a ribbon cutting this afternoon, as a sign of appreciation for the neighborhood support, the store will hold a "Taste of Teeter" from 5:30 pm - 8:00 pm, during which the general public may sample wines and products from the store. At eight, with several sampler glasses of red sloshed back and a solid buzz going, attendees will then be set free to do their grocery shopping until the store closes at midnight (Disclaimer: DCMud does not advocate boozing and buying).

The retail scene in NoMa has quickly become more and more crowded over the last several months. With Potbelly Sandwich Works, Georgetown Valet, and TD Bank all opening their doors this past fall, and Roti Mediterranean Grill, CVS, and 7-11 set to cut ribbons in the new year, there are a plethora of new places for The Flats 130 residents to spend their money. And more development is on the way. The first phase of Constitution Square, the 1.6 million SF of mixed-use space located at First and M Streets, has been so successful that just last month developers announced their plans to break ground in May on Phase II, set to feature 345,000 s.f. of office space and an additional 203 residential units. With 21 projects completed since 2001, two currently under construction, and 31 in the pipeline, the NoMa development torch is still burning strong.

Washington D.C. Real Estate Development News

Monday, November 22, 2010

Real estate developer StonebridgeCarras and financier Walton Street Capital are betting on NoMa again, announcing they will start the next speculative phase of Constitution Square in May. Stonebridge is just now completing Two Constitution Square, which it also built without a tenant, a bet that paid off big when it sold the property in May for $305m to Northwestern Mutual, and now Sarah Krouse reports in the Washington Business Journal that the Bethesda-based developer will attempt an encore with another speculative phase. Principal Doug Firstenberg tells DCMud that next May his company will break ground simultaneously on a 200-unit apartment building and 345,000 s.f. of office space and, rounding out a good week, that Harris Teeter will open at Constitution Square on December 8th and that Equinox founder and chef Todd Grey will now open a sit down restaurant in the newly completed phase 1.

Firstenberg, who pre-leased 100% of Phase 1 to GSA and DOJ before trading the building, said Phase 2 will be "targeted to go after some of these large GSA bids that are out there." Stonebridge will again use SK&I Architects to design the residential space and HOK Architecture for the commercial portion. The residences are expected to be available by late 2012, the office space should be ready for the first tenants in early 2013. The third and final phase of the 7-acre site, still in conception, will add 470,000 s.f of office space.

Firstenberg says the restaurant, to open in March along with the hotel, will be "NoMa's first upscale, sit down restaurant," good news for residents at the Flats 130 where 60 of 440 units have leased since its opening October 1st, and where significant retail leases have already been signed. Stonebridge is expected to flip the office building once lease-up is complete. "We're not long term owners in the project" said Firstenberg.

Washington DC real estate development news