DC Retail Development Activity
There are a wealth of development projects currently taking shape in the District and many more in the proposal stage.
Below are just two of the most exciting projects to open this fall in the District. Both Gallery Place and Tivoli Square will offer District residents and visitors a place to live, work, and play.
Gallery Place, located at 7th and H Streets, NW, is one of the most impressive mixed-use projects in the country. This 660,000 square foot development is comprised of 260,000 sq. ft. of retail space, 237,000 sq. ft of class-A office space, 192 condominiums, and 700 parking spaces. The estimated cost of this project is $274 million, John Akridge Companies and Western Development served as the developer on Gallery Place.
While Gallery Place is set to debut in the fall, City Sports, Ann Taylor Loft, and BB&T Bank are open for business. Future retailers include Regal Cinemas, Benetton/Sisley, Hagen Dazs, Urban Outfitters, a 65,00 square foot Jillian’s restaurant, and a host of additional retailers.
The project connects to the MCI Center by way of a three-story glass pavilion, providing direct access to the more than 240 events hosted annually at the Center. Gallery Place will also connect directly to the Metro subway system at one of its busiest transfer stations.
In the heart of Washington, DC sits a state-of-the-art 175,000 square foot complex, Tivoli Square. The development broke ground at 14th Street and Park Road, NW, in spring 2003 and will feature 32,000 square foot office space, 40 residential units, 77,000 sq. ft. of retail space and 220 available parking spaces.
The project will feature a 55,000 sq. ft. Giant Foods and is one block from the Columbia Heights Metro station. Set to open this fall, Tivoli Square saves the historic theater facade by a complete exterior restoration. The estimated cost for this development is $37 million and was developed by Horning Brothers.