When JBG Companies purchased three large parcels of land five years ago in the District, the developer had trouble pitching its luxurious urban vision in the Shaw neighborhood to prospective retailers.
Most of the prospective businesses assumed that the project was a half-mile south in Shaw, home to a burst of high-profile new development.
The Buzzard Point boom continues.
Capital City Real Estate has unveiled its plans for a 110-unit, eight-story waterfront condominium building it is calling Peninsula 88. The developer paid $9.8 million for the site, bounded by First, V and H streets SW, in December.
Surrounded by water on three sides, the project will feature unit sizes ranging from 700 to 1,400 square feet, with prices in the $500,000 to $1.5 million range. The building, designed by Eric Colbert & Associates, will include 1,800 square feet of ground-floor retail.
In little more than a month, REI, the outdoors retailer, will open a 51,000-square-foot flagship store right across the street from the NoMa Metro station. That’s the location of the former Uline Arena, which hosted the Beatles’ first-ever US concert in 1964 and, more recently, a parking garage.
A lot’s changed. On a tour of the site, set to open October 21 with a three-day block party, REI revealed some of the upcoming features of its fifth-ever flagship, including community spaces, an “adventure station” for local outdoor-trekking advice, and an in-store La Colombe coffee shop.
In 1941, the Washington Coliseum was constructed in the Northeast quadrant of Washington, D.C., or more specifically NoMa. It was the site of the first U.S. concert by The Beatles as well as the Uline Arena, which hosted ice skating, circuses, and other events. Later, it eventually served as a parking facility.
Outdoor retailer REI will open a flagship store in the District on Oct. 21, and the team behind its buildout is making progress at the one-of-a-kind site: the historic Uline Arena.
The project in Northeast D.C.’s NoMa neighborhood at Third and M streets NE will transform the storied venue where The Beatles had their first U.S. concert into the home of REI’s fifth flagship store nationwide — a 52,000-square-foot, $35 million lease from Douglas Development Corp.