Monday, January 27, 2020

Skyland Town Center Announces Newest Retail Tenants


Rendering of Skyland Town Center, Southeast Washington, DC

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.


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
Angie Trosper with CBRE represented Starbucks and Matthew Alexander with Dochter Alexander represented Chase.

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. 
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. 


Thomas Bolen III 
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.

 “We’re very excited about Skyland Town Center and how it’s coming together,” said Rappaport President Henry Fonvielle. “Our leasing team is actively working on attracting high-quality and essential retail, dining and services that will greatly enhance the community.

Michael Leon
"We’re proud to be able to serve as a catalyst to make Skyland the heart of the community. These new additions are going to greatly improve the offerings in this neighborhood and will be a huge benefit for a community that has long been underserved.” 

 “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 look forward to offering our future residents the services Starbucks and Chase Bank provide. These businesses will be a welcome addition to the Skyland community and surrounding neighborhood.”

 “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.”

Chris Smith
 About Rappaport:

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.

Gary Rappaport
Rappaport has the ability to successfully adapt to the ever-changing, fast-moving, innovative, and entrepreneurial retail industry. 

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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