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Tuesday, November 22, 2016

Harry Nice Bridge Replacement Moving Forward

Governor Hogan announced that the Harry Nice Bridge will be replaced beginning in FY 2020 and completed in 2023.  Estimated cost is around $765 Million.  It will be a 4 lane bridge with a pedestrian and bike lane separated by a barrier.  Many thanks to Governor Hogan for getting this done.  As Governor Hogan stated in his speech local lawmakers in Charles County tried to stop this from happening.

Thursday, November 17, 2016

New Army Reserve Center Under Construction

The Army has begun construction on its new 90,000 sf Army Reserve Center in White Plains, MD.
The center sits on 15 acres near the corner of Route 227 and Route 301 at the Fox Tail Business Center.  The center will be used for Army Reserves training and day-to-day activities, and will be home to a vehicle maintenance shop, and recruitment and retention office. We still have sites available next door.  This will greatly help bring new customers to local businesses.

Friday, October 28, 2016

Waldorf Station Land Has Been Sold

The 145 acres known as Waldorf Station, and was once where a Super Walmart was planned, has been sold by Chaney Enterprises to Greenburg Gibbons.  This new group is responsible for some very nice developments like Annapolis Towne Centre and Waugh Chapel Towne Centre.  We have worked with them in the past and I believe they are the right group to do a nice project on that property.  Their plan is to do an open-air mixed use development.  We look forward to seeing their design.

Demolition permits have been issued to remove some of the buildings on the property.  They may include the Chaney building, Waldorf Restaurant and former Embassy Dairy.

Monday, October 10, 2016

You Can't Have Your Cheescake and Country Too

I've posted this before but its so far back in the blog now its lost.  I often get asked for a few of the same restaurants over and over.  Cheescake Factory and P.F. Changs are at the top of the list.  Then there are the high end grocery stores like Whole Foods and Trader Joes.

Why don't they come?  What stops them from opening up here?  Well here are the requirements they look for:

Population - The biggest factor.  The entire population for Charles County is estimated around 156,118, Calvert 90,595, St. Mary's 111,413.  Places like the above mentioned restaurants want a daytime population of somewhere in the area of 300,000 within a 3-5 mile radius of the location.  Currently the estimated daytime population of the mall within 5 miles is estimated at just under 80,000.  They want the restaurant packed at lunch and dinner. They want dense urban areas.

Demographics - workforce, high school and college graduates, number of households, average household incomes, retired or working, age, race, sex.  Our incomes are good but not enough houses. Also mentioned by some that we didn't have enough college graduates.  Did you know you needed a diploma to buy food?

Roads - Are we close to the beltway? How many vehicles per day pass the site?

Government - Are they easy to work with? Do they want growth?  Are they business friendly? Any incentives to come to the area?  How long will the process take to get our site approved?

Attractions - What pulls people to the area? Historic sites, large venues, sporting arenas, tourism, casinos, amusement parks.

Land -  They want high profile corner sites with traffic lights and ease of access for their patrons.   They want sites along Crain Highway and we are running out of them.  Many that are out there have wetlands running thru them and you can't build near that.  Storm water regulations take up more of the land so you either build a smaller space or have to buy a larger site.

So we either have to build houses and apartment and become a densely populated area which is not going to happen or stay a little country, a little city and be happy.

Harris Teeter Coming to Dunkirk

Concept Picture

Harris Teeter will be opening a new location in Dunkirk, MD at the new Apple Green Shopping Center.  The store is expected to open in 2018 and was just approved for a gas station on site as well. The center will be located on Rt. 4 and Ward Rd by the CVS.

Saturday, October 8, 2016

Mid Atlantic Restaurant Opens

Mid Atlantic Restaurant has now opened in Waldorf at 3331 Plaza Way next to Mom's Organic.  They serve a large variety of items including seafood, salads, wings and chicken.

Monday, October 3, 2016

MGM National Harbor Announces Opening Date

The grand opening of the MGM Casino at National Harbor will be December 8, 2016.
The resort costs an estimated 1.2 billion dollars and is 135,000 square feet employing over 3,500 people.