Home | Newsletter | Advertise

WBJ: Costco Moves Forward With DC Store

  • December 10th 2009

by Mark Wellborn

✉️ Want to forward this article? Click here.

WBJ: Costco Moves Forward With DC Store: Figure 1

Will Costco have an effect on the Fort Lincoln neighborhood similar to that of the Whole Foods on Logan Circle? The Washington Business Journal recently reported that the wholesale giant is moving forward with plans to open one of its enormous outposts at a planned 375,000 square-foot shopping center at the corner of New York Avenue and South Dakota Avenue NE (map).

While some DC folks who have been trekking out to the Pentagon City store for their yearly supply of toilet paper and toothpaste will be happy with this news, those that live in Northern Virginia may not. From the WBJ:

If the financing is approved, Costco could break ground in 2010 and open as early as 2011, D.C. Councilman Kwame Brown said. The company has plans to shutter its Pentagon City location in two years, which would make the D.C. store an anchor property for the chain.

Michelle Hagans, president of the Fort Lincoln Realty Company, said that Costco is not the only major chain that may open up shop in the area; she also wants Target to come into the development that will be known as The Shops at Dakota Crossing.

It is too soon to know what effect, if any, this news has on the housing stock in the area. What we do know is that you may want to stay away from this area on the weekends starting in 2011 — Costco can be a madhouse on Saturday afternoon.

See other articles related to: costco, fort lincoln, the shops at dakota crossing

This article originally published at https://dc.urbanturf.com/articles/blog/wbj_costco_moves_forward_with_dc_store/1591.

Pipeline: New Condos & Apartments Coming to the DC Area

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

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse