Safeway Spurs Petworth Residential Project
Just a few days after reports that its apartment section sold, CityVista is in the news again. Tangentially, that is.
The Washington Post reported this morning that Reston-based Duball LLC and Safeway are in the final negotiating stages of a deal that would bring a 210-unit residential project to 3830 Georgia Avenue NW (map). The residential complex would sit on top of a new 50,000 square-foot Safeway store.
Marc Dubick, a principal at Duball, formerly worked with Lowe Enterprises, which developed the very successful CityVista project in Mount Vernon Triangle. CityVista has a Safeway on its ground floor, so Dubick knows the draw that a grocery store brings to a new development.
From The Post:
Dubick, who left Lowe on June 30, said the success of CityVista, built on a vacant property that once housed a wax museum, shows that a grocery store has the ability to help create a neighborhood around it and that he was eager to find another deal like it.
If the project goes forward, the city could be waiting awhile for the final product. The Post reports that CityVista took eight years to be completed from when Lowe Enterprises and Safeway started talking about the project.
See other articles related to: dclofts, grocery stores, petworth, safeway
This article originally published at https://dc.urbanturf.com/articles/blog/safeway_spurs_petworth_residential_project/2406.
Most Popular... This Week • Last 30 Days • Ever
In this article, UrbanTurf will explain what special assessments are, how they work, ... read »
Plans are moving forward at the site of a long-planned project in Ivy City, however w... read »
Nearly 1,400 residential units are on the boards around Union Market, about the same ... read »
Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for det... read »
If there was ever a place where the old adage “one man’s trash is another man’s... read »
- What Are Special Assessments in Condo Buildings and What Do They Cover?
- Douglas Development Pitches Large Warehouse For New City Site Along New York Avenue
- Hotels, A Public Park and The 1,400 Units In The Works For Union Market
- The Price For A House in The DC Area Hit A New High in April
- Tile, Furniture, Appliances & (Much) More -- The Local Warehouse Chock Full of Salvaged Home Goods
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro