Safeway Spurs Petworth Residential Project

• August 23rd 2010

by Mark Wellborn

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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.

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/safeway_spurs_petworth_residential_project/2406.