loading...

If You Build a Grocery Store, Will They Come?

  • September 8th 2009

by Mark Wellborn

✉️ Want to forward this article? Click here.

If You Build a Grocery Store, Will They Come?: Figure 1

The Capitol Riverfront will finally get the establishment that it has long been missing: a grocery store. The North Carolina-based Harris Teeter chain will build a store in the 2,000-resident neighborhood surrounding Nationals Stadium at some point in the next three years, according to the Washington Business Journal.

The Journal noted that the store will span 50,000 square feet on the ground floor of a building planned for 401 M Street SE, a part of The Yards complex. The blame for the three-year waiting period can be attributed to the fact that we now live in an era when financing new construction is increasingly difficult.

The Capitol Riverfront neighborhood has long been in need of a grocery store, so it will be interesting to see if just the announcement of this new store will open the flood gates for new residents into this area. What do you think? Let us know in the comments section below.

See other articles related to: dclofts

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/if_you_build_a_grocery_store_will_they_come/1287.

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!