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Metropolitan DC Local Politics
Reply to "What are the commercial lease rates are at Friendship Heights?"
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[quote=Anonymous]This WaPo article never mentions the leases that these vendors are paying. Does anybody know how these lease rates compare to anywhere else in the area? I would assume that leases are one of the reasons that only big box stores seems to be moving in along the Wisconsin Ave Corridor from M Street to Western Ave. The article mentions a few lightning rod DC tropes and mentions that the area is already zoned for increased density, but it never really talks about why the stores walked outside of leaving for City Center. One would thing though that the location and the built in shopping population could support that commercial district. Friendship Heights, once known as a hub for high-end shopping, is struggling as the pandemic accelerates an exodus of retailers https://www.washingtonpost.com/local/trafficandcommuting/friendship-heights-pandemic-losses/2020/09/26/ef985b86-f757-11ea-89e3-4b9efa36dc64_story.html By Luz Lazo September 26, 2020 at 7:09 p.m. EDT [/quote]
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