Dive Summary:
- Brick-and-mortar retail could be on the rise in D.C., according to comments made by Mayor Vincent Gray in a recent radio interview.
- “We have a broader array of people who are interested in the District of Columbia,” said Gray, which includes several popular retail names including Wegman’s and Starbucks.
- Target and Costco are also looking to expand on their current retail footprint within the city and expanding into second locations along with several others citing a growing economy and rising population as the main contributors in the potential retail surge, according to a report.
From the article:
The city’s growing economy and population are even attracting retailers to areas east of the Anacostia River. Gray said Ward 8 in particular could see some rapid changes with the soon-to-be-redeveloped campus of St. Elizabeth’s potentially being a big draw.