Reply to Why is Friendship heights shopping district so ... unsatisfying?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I heard a rumor that the Chevy chase pavilion building is shifting away from retail and going to become a medical building/docs offices.

I was so sad when H & M closed. [/quote]

Not a rumor. The Pavilion's owner is actively trying to do this and is trying to change the zoning without any public input:

https://www.bizjournals.com/washington/news/2019/04/24/chevy-chase-pavilion-faces-opposition-on-medical.html[/quote]

And the Zoning Commission promptly swatted down this request so it is no longer an active request.

The Pavilion really screwed up 10 years ago when they spent 35 million renovating the property.  They jacked up the rents on a bunch of businesses that had been there for years including the Sport and Health that used to draw in a bunch of people from the neighborhood every day who would then spend money at Starbucks and CVS - some of the retail spaces they raised the rents on were never filled.  And they had two Voltaggio businesses that were failures in short order.

Still the Starbucks, CVS,World Market & Cheesecake Factory all do very well there and the office tower and hotel in the complex are both very successful so the only explanation I can come up with is they are just asking for too much rent. [/quote]

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