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Delay for Proposed Rockville Pike Wal-Mart

Pike Center leases renewed until September 2013.

Construction of a Wal-Mart that was expected to break ground on Rockville Pike later this year has been delayed and tenants of the Pike Center where the store is planned have had their leases extended, a principal with the company developing the project said.

It is “difficult to say” how long the delay could last, said Krista Di Iaconi, principal of acquisition and development for JBG Rosenfeld Retail. It could be a year or more, she said.

The store originally was scheduled to open in late 2013.

Tenants have received short-term lease extensions that will allow businesses time to make relocation plans, Di Iaconi said.

Bagel City owner George Kavadoy said that the new lease for his popular shop will expire in September 2013.

Though there are changes in the works to the proposal that was introduced in November, the developer is still working towards a transit-oriented plan, Di Iaconi said.

JBG Rosenfeld Retail purchased the Pike Center in 2006 and honored the lease agreements negotiated by the previous owners.

But some longtime .

“We are currently working with the shop owners,” Di Iaconi said. “We have been in conversations with the tenants all along.”

The proposed Wal-Mart is an 80,000-square-foot urban prototype. In comparison, a traditional Wal-Mart is 120,000 to 200,000 square feet, Di Iaconi said. The store will include a full grocery and pharmacy, which together will comprise about half of the space.

As the project progresses shop owners will be kept informed, Di Iaconi said. “Our intent is to continue to have dialogue with the tenants,” she said.

Theresa Defino February 01, 2012 at 01:27 PM
"Tenants have received short-term lease extensions that will allow businesses time to make relocation plans, Di Iaconi said." This is a highly disturbing statement. The story fails to say how long a normal lease is. Anyone know? "Though there are changes in the works to the proposal that was introduced in November, the developer is still working towards a transit-oriented plan, Di Iaconi said." Transit-oriented plan? And exactly what does THAT mean?!
Jeff Hawkins February 01, 2012 at 01:42 PM
It sounds like this is a done deal and it's just a matter of time. It's too bad, there seems to be alot of this going in the County these days.
Jeff Hawkins February 01, 2012 at 02:17 PM
In looking at this article again, one can't help but notice the artist's rendering of the Walmart "project". I love the "lone" bus on the Pike with no other vehicles at all, even a partially filled parking lot with maybe 20 parking spaces.....deception.....even in art.
alan cohen February 01, 2012 at 06:57 PM
Seems to me that from what Mz Laconi says that the Wal-mart fiasco is not going away so fast. Wal-mart is lousy for the county and worse for Rockville and North Bethesda. Traffic will be horrible and what it will bring to the area will be more crime and congestion. What ever happened to the 'pedestrian friendly' we were promised by out council? Please write or email .. councilmember.berliner@montgomerycounty.gov Let them all know our displeasure.
Brigitta Mullican February 01, 2012 at 07:30 PM
This development reminds me of the the Rockville Town Center development in that there were many individuals who were upset with the small shopping center, especially the Magruder grocery store, being closed to prepare for the TC project. I have read comments on the Twinbrook Neighbors Listserv and some neighbors welcome Wal-Mart and others dislike the project. It sounds to me that some changes are being considered and that public comment is being heard. Let the issues get worked out and stop banning the project before it has a chance to be perfected.
Jeff Hawkins February 01, 2012 at 07:49 PM
Brigitta: Not sure if the Magruder store analogy is good, firstly at the time Magruder's was a vital and central grocery store.........still trying to replace it to this day. Secondly, Magruder's wasn't on a major road already choked with traffic. If truth be known we would never have needed the TC project (and all the money wasted over the years) in the first place if they had just left downtown Rockville alone. So no.....I don't think another TC type project is a good idea. We do strive for perfection :))

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