63,000-SF Giant Store Moving Into Southwest DC

By Barbara Murray
Globe St. Retail
April 4, 2005

WASHINGTON, DC-Plans have been solidified for the development of a new 63,000-sf Giant Food market in a southeast neighborhood that has been tapped for revitalization. CHR LLC--a joint venture involving East of the River CDC, Mid-City Urban and William C. Smith & Co.--is behind the development of the store, which will be part of a larger $37.5-million endeavor featuring a total of 110,000 sf of retail space and a conclave of single-family homes. The mixed-use project will sit on the 25-acre site formerly home to the National Guard's Camp Simms.

"This is a major step towards economic revitalization for Southeast DC," says Michael Stevens, president and CEO of the Washington, DC Marketing Center, a public/private partnership for economic development in the District. "The new Giant Food store will demonstrate the buying power of Ward 8 residents and will drive additional retail to the area."

Construction is on schedule to begin in the spring of next year. Giant will lease the space from the JV.