BicycleSPACE signed a lease for a new home Friday night that will double its retail space to around 4,000 square feet. The popular bike shop opened its current Mount Vernon Triangle digs in 2010 and is moving nearby to the new mixed-use Lyric 440K building at 4th and K streets NW.
The shop is moving from its current location—-the same strip on 7th Street NW where the now-closed Hogo bar and soon-to-be-closed Passenger are located—-to make way for a long-planned office building.
“We took a risk to make this a better [neighborhood] and we have, and we want to stay and make it an even better place,” BicycleSPACE co-founder Erik Kugler tells City Desk.
Once it has more space, Kugler says the shop will have a bigger selection of bikes than it currently offers and will ultimately hire more employees. In addition to the retail space, the bike shop will also have storage room.
“It means we will be able to serve the neighborhood better and we will be less limited in what we carry,” Kugler says.
BicycleSPACE’s new neighbor will be Baked & Wired, the Georgetown bakery. Kugler says there are no plans yet for a collaboration, but he expects there eventually will be.
“The inks still drying on the lease, but our clientele are the same people, so it’s great to be next door to them,” Kugler says. “I look forward to getting my bread and coffee from them.”
Photo by Darrow Montgomery