Chevy Chase, Md. -- Steuart Investment Co. said that Giant Food has signed a lease to anchor a mixed-use project slated for development in Washington, D.C.
The project, called 360º H Street, is a nearly 290,000-sq.-ft., LEED-certified development and features street-level retail topped by 215 rental units. Torti Gallas and Partners, Inc. of Silver Spring is the architect.
The 360º H Street development is a part of the revitalization of the entire H Street, NE corridor that has been underway since 2002. The 61,000-sq.-ft. site is a collection of real estate parcels, some of which have been owned by Steuart for many years, assembled to create one contiguous development site.
The retail portion of the development will encompass 43,000 sq. ft., to include the 41,200-sq.-ft. Giant Food, as well as a 1,500-sq.-ft. retail bay on the east end of the site. Additionally, the development will include two floors of subterranean parking, with one floor, or 125 spaces, reserved for retail customers. Construction is slated to begin next spring.