McLean,
VA, Jan. 27, 2020—Skyland Town Center, located in Ward 7 at
the intersection of Alabama Ave., Naylor Road and Good Hope Road in Southeast,
Washington, DC, announces the addition of two new tenants—Starbucks and Chase
Bank.
Starbucks, opening in late 2021, will be the first drive-thru café in the city. Chase Bank will also open in 2021.
Angie Trosper |
Starbucks, opening in late 2021, will be the first drive-thru café in the city. Chase Bank will also open in 2021.
Rappaport’s
Jim Farrell, Thomas Bolen III and Michael Leon represented Skyland Town
Center in both the Starbucks and Chase transactions.
Muriel Bowser |
Jim Farrell |
With
Skyland nearing completion, there has been a flurry of activity and interest in
the project.
Developers
Rappaport and WC Smith are also working with Matthew Sullivan of Cushman &
Wakefield to pre-lease a four-story Medical Office Building on the site.
In addition to interest in the medical building, the leasing team is pursuing a variety retail including a boutique fitness, restaurants and other service uses.
Matthew Alexander |
In addition to interest in the medical building, the leasing team is pursuing a variety retail including a boutique fitness, restaurants and other service uses.
These new tenants will join Lidl and CVS, which is already operating on-site in temporary quarters. The first phase of construction, which includes CVS is 84,500 square feet of space.
In addition, residents of Skyland Town Center
are expected to move in late 2020 while retailers will open their doors early
2021.
Upon completion, Skyland Town Center will have approximately 135,000
square feet of retail and 450-500 residential apartments in a vibrant town
square setting.
Skyland Town Center will provide retail services and amenities to the community in an area just east of the Anacostia River.
Thomas Bolen III |
Skyland Town Center will provide retail services and amenities to the community in an area just east of the Anacostia River.
Michael Leon |
“This fall we will deliver 263 new apartments, across 290,000 square feet, to Skyland Town Center,” said WC Smith CEO Chris Smith.
Matthew Sullivan |
“We
know that residents in every part of D.C. want access to amenities, and so that
is what we are bringing to Skyland,” said Mayor Muriel Bowser.
“We were thrilled to announce last year that Lidl is on the way, and now we are pleased to be able to say that this project is shaping up to be a true town center that will deliver jobs and opportunity to the Ward 7 community.”
“We were thrilled to announce last year that Lidl is on the way, and now we are pleased to be able to say that this project is shaping up to be a true town center that will deliver jobs and opportunity to the Ward 7 community.”
Founded
in 1984 by Gary Rappaport, Rappaport is an owner, developer and provider
of leasing, tenant representation, property management, marketing and
development services.
The firm's multiple service lines and broad diversity of clients ensure an enhanced perspective on the entire retail real estate process, making the company one of the most well-known and well-respected retail real estate firms in the Washington, DC region.
The firm's multiple service lines and broad diversity of clients ensure an enhanced perspective on the entire retail real estate process, making the company one of the most well-known and well-respected retail real estate firms in the Washington, DC region.
Gary Rappaport |
As a trusted advisor with the right connections, unique experience, and in-depth market awareness, Rappaport has mastered the art of cultivating places.
CONTACTS:
Vicki Bendure
202-374-9259 cell/text
Dee Singletary
301-675-5264
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