WBJ: Costco Moves Forward With DC Store

• December 10th 2009

by Mark Wellborn

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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.

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/wbj_costco_moves_forward_with_dc_store/1591.