Senin, 20 Agustus 2012

Petworth Safeway Announces September Start Date

Duball LLC and Safeway have announced a start date for their Safeway project at 3830 Georgia Avenue.  The project, announced several years ago, will develop a 62,000 s.f. Safeway with 220 apartment units above.  The development will replace the dated 21,000 Safeway building.  A groundbreaking ceremony will be held September 19th.

Petworth SafewayThe "transit oriented state-of-the-are Safeway," sitting on 1.56 acres, is one block north of the Georgia Avenue-Petworth Metro and will include 86 below grade spaces for customers and 135 spaces for residents.  The development agreement, worked out between landowner Safeway and developer Duball, keeps Safeway as the owner of the land with Duball granted development rights for residential units and parking on top of the Safeway.

Marc Dubick, founder of Duball, was the principal developer of the CityVista Safeway in Mt. Vernon Triangle.  Duball previously developed Lionsgate in Bethesda and Rockville Town Center.

Washington D.C. real estate development news

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