We know D.C. Get our free newsletter to stay in the know.
Now the H Street it-corridor has everything a commercial area could ever want, if Michael Neibauer’s super-secret sources are telling truth! He reports:
A deal to put a Giant supermarket at Third and H streets NE two blocks from Union Station is imminent, sources tell the Washington Business Journal.
A highly placed Giant of Maryland executive confirmed the impending agreement with Chevy Chase-based Steuart Investment Co., the parcel’s developer, but asked not to be named because “the deal is not done,” and the “I’s and T’s [are] not crossed.” Guy Steuart, Steuart Investment director, could not be reached for comment.
Steuart’s plans for the 286,500-square-foot mixed-use project, on the west end of the H Street corridor, include 212 residential units, 279 parking spaces and a grocery store.
What grocery store has been the question. Harris Teeter had a nonbinding agreement to locate there, but backed out in 2007. Steuart was in talks with Yes! Organic Market and Trader Joes — H Street residents launched a petition to lure Monrovia, Calif.-based Trader Joes to the location — but those negotiations proved fruitless.