Lyon Village Giant - Bad times ahead

[Anonymous]

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Anonymous wrote:If you want to pretend the Giant wasn't the anchor of the Lyon Village center, go ahead, but no one believes you.

You’re as clueless as anything can be. Whole Foods is the anchor for that neighborhood and others around it.

Do you even know where the Giant was??? Whole Foods is Clarendon Court House. Giant was Lyon Village almost Cherrydale.

From most of LV, it’s an easy walk to WF or TJ. The crappy Giant is farther away, down the hill, and across a not-so-pedestrian-friendly road.

You clearly are not familiar with the area. Go troll somewhere else.

We are talking about the anchor store at the Lyon Village Shopping Center. I have never heard of an anchor for a neighborhood. It sounded like you were saying the anchor for the LVSC was Whole Foods, fyi. Sure WF and TJ are way more popular than this Soviet era Giant; that’s why it’s closed. But it was the anchor store for THIS shopping center.

The point is that most people avoid shopping there. They mostly go to the shopping center for the other shops.

It’s not the “anchor” in terms of traffic.

You’d know this if you lived in the area.

Its the anchor in terms of who is paying the majority of the rent for the property -- and there will be consequences with it gone.

The Giant wasn’t paying the majority of the rent. CVS probably pays the plurality - it’s a large, updated space in premier location. Sq ft is almost as much as the Giant. Giant has been there forever and probably had a low rental rate. Landlord is probably looking forward to asking a higher rate from a new tenant. He’s already raking in so much money the dip in cash flow I probably isn’t hurting him much.

Trolls are the only people who are “concerned” that it’s gone.

The CVS footprint is about half the Giant, just look at Google Maps.

Maybe the rate is lower for Giant but the lease I’m sure has been renewed on the last decade, it’s hardly locked in from the 60s.

He is not getting a new tenant with a higher rate — the lot is being redeveloped it public knowledge so no one is going to move on to be kicked out in X years by the county.

The land will take years to get rezoned. And that's just step 1. It will be 10-15 years before a single lot is redeveloped as part of Plan Langston Blvd. Also, the County can't kick out the tenant. This is a privately owned property.

Well landlord suddenly has right to redevelop to high density, you can bet they will jack up rent or not renew. That won’t attract a high quality tenant with that uncertainty hanging over them.

Ok… and? That particular Giant was not a high quality neighborhood amenity. No one misses it. Even the little Safeway in Rosslyn was better.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you want to pretend the Giant wasn't the anchor of the Lyon Village center, go ahead, but no one believes you.

You’re as clueless as anything can be. Whole Foods is the anchor for that neighborhood and others around it.

Do you even know where the Giant was??? Whole Foods is Clarendon Court House. Giant was Lyon Village almost Cherrydale.

From most of LV, it’s an easy walk to WF or TJ. The crappy Giant is farther away, down the hill, and across a not-so-pedestrian-friendly road.

You clearly are not familiar with the area. Go troll somewhere else.

We are talking about the anchor store at the Lyon Village Shopping Center. I have never heard of an anchor for a neighborhood. It sounded like you were saying the anchor for the LVSC was Whole Foods, fyi. Sure WF and TJ are way more popular than this Soviet era Giant; that’s why it’s closed. But it was the anchor store for THIS shopping center.

The point is that most people avoid shopping there. They mostly go to the shopping center for the other shops.

It’s not the “anchor” in terms of traffic.

You’d know this if you lived in the area.

Its the anchor in terms of who is paying the majority of the rent for the property -- and there will be consequences with it gone.

The Giant wasn’t paying the majority of the rent. CVS probably pays the plurality - it’s a large, updated space in premier location. Sq ft is almost as much as the Giant. Giant has been there forever and probably had a low rental rate. Landlord is probably looking forward to asking a higher rate from a new tenant. He’s already raking in so much money the dip in cash flow I probably isn’t hurting him much.

Trolls are the only people who are “concerned” that it’s gone.

The CVS footprint is about half the Giant, just look at Google Maps.

Maybe the rate is lower for Giant but the lease I’m sure has been renewed on the last decade, it’s hardly locked in from the 60s.

He is not getting a new tenant with a higher rate — the lot is being redeveloped it public knowledge so no one is going to move on to be kicked out in X years by the county.

The land will take years to get rezoned. And that's just step 1. It will be 10-15 years before a single lot is redeveloped as part of Plan Langston Blvd. Also, the County can't kick out the tenant. This is a privately owned property.

Well landlord suddenly has right to redevelop to high density, you can bet they will jack up rent or not renew. That won’t attract a high quality tenant with that uncertainty hanging over them.

Ok… and? That particular Giant was not a high quality neighborhood amenity. No one misses it. Even the little Safeway in Rosslyn was better.

Exactly- if they redevelop that site it will be a major improvement. But it has not been rezoned. And it will be very difficult for the property owner to meet stormwater management requirements on a major redevelopment at this site. That alone will take years to hash out.

[Anonymous]

Maybe Whole Foods will open one of these there:

https://ny.eater.com/2024/3/4/24090523/whole-foods-daily-market-upper-east-side-opening

[Anonymous]

I would love it if a Trader Joe's opens there. Going to the TJ's in Clarendon is a PIA in terms of parking.

[Anonymous]

I think it's a great sign that Giant went out. Almost anything else would be better. This is a GOOD thing for that area!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you want to pretend the Giant wasn't the anchor of the Lyon Village center, go ahead, but no one believes you.

You’re as clueless as anything can be. Whole Foods is the anchor for that neighborhood and others around it.

Do you even know where the Giant was??? Whole Foods is Clarendon Court House. Giant was Lyon Village almost Cherrydale.

From most of LV, it’s an easy walk to WF or TJ. The crappy Giant is farther away, down the hill, and across a not-so-pedestrian-friendly road.

You clearly are not familiar with the area. Go troll somewhere else.

We are talking about the anchor store at the Lyon Village Shopping Center. I have never heard of an anchor for a neighborhood. It sounded like you were saying the anchor for the LVSC was Whole Foods, fyi. Sure WF and TJ are way more popular than this Soviet era Giant; that’s why it’s closed. But it was the anchor store for THIS shopping center.

The point is that most people avoid shopping there. They mostly go to the shopping center for the other shops.

It’s not the “anchor” in terms of traffic.

You’d know this if you lived in the area.

Its the anchor in terms of who is paying the majority of the rent for the property -- and there will be consequences with it gone.

The Giant wasn’t paying the majority of the rent. CVS probably pays the plurality - it’s a large, updated space in premier location. Sq ft is almost as much as the Giant. Giant has been there forever and probably had a low rental rate. Landlord is probably looking forward to asking a higher rate from a new tenant. He’s already raking in so much money the dip in cash flow I probably isn’t hurting him much.

Trolls are the only people who are “concerned” that it’s gone.

The CVS footprint is about half the Giant, just look at Google Maps.

Maybe the rate is lower for Giant but the lease I’m sure has been renewed on the last decade, it’s hardly locked in from the 60s.

He is not getting a new tenant with a higher rate — the lot is being redeveloped it public knowledge so no one is going to move on to be kicked out in X years by the county.

The land will take years to get rezoned. And that's just step 1. It will be 10-15 years before a single lot is redeveloped as part of Plan Langston Blvd. Also, the County can't kick out the tenant. This is a privately owned property.

Well landlord suddenly has right to redevelop to high density, you can bet they will jack up rent or not renew. That won’t attract a high quality tenant with that uncertainty hanging over them.

Ok… and? That particular Giant was not a high quality neighborhood amenity. No one misses it. Even the little Safeway in Rosslyn was better.

I must be an exception because I miss it I live in Lyon Village and have shopped at the Giant for seven or so years The people who live in the condos and apartments around there with no cars have to take cabs to Cherrydale Safeway where I now will shop.

[Anonymous]

It will be a spirit of Halloween in September and maybe an indoor fireworks stand in the summer.

Going to really boost foot traffic for a week or two.

Maybe a laser tag place will pop up too.

[Anonymous]

Anonymous wrote:It will be a spirit of Halloween in September and maybe an indoor fireworks stand in the summer.

Going to really boost foot traffic for a week or two.

Maybe a laser tag place will pop up too.

It’s going to become a huge VAPE/Cannabis store.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It will be a spirit of Halloween in September and maybe an indoor fireworks stand in the summer.

Going to really boost foot traffic for a week or two.

Maybe a laser tag place will pop up too.

It’s going to become a huge VAPE/Cannabis store.

Those stores aren't legit businesses. They went small storefronts with low rent.

[Anonymous]

Arlington really needs a nice indoor firing range…

[Anonymous]

Anonymous wrote:It will be a spirit of Halloween in September and maybe an indoor fireworks stand in the summer.

Going to really boost foot traffic for a week or two.

Maybe a laser tag place will pop up too.

A laser tag place would be amazing! That would save me so many trips to Alexandria and Fairfax for birthday parties. Someone needs to make that happen.

[Anonymous]

The title of the thread is mid-named. Should
Read: Good times ahead! That’s a terrific location in Arlington. Easy access to GWU parkway and Arlington neighborhoods! Even the bike trail!

[Anonymous]

Anonymous wrote:The title of the thread is mid-named. Should
Read: Good times ahead! That’s a terrific location in Arlington. Easy access to GWU parkway and Arlington neighborhoods! Even the bike trail!

mis-named.

[Anonymous]

I hear Amazon Fresh is interested!

[Anonymous]

I want to buy it and make an indoor dog park.