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…
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Jeff Hawkins
2:49 pm on Wednesday, February 1, 2012
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… more ›