Wegmans Signs Deal for First-Ever Washington DC Store
WASHINGTON, DC - Following suit after the arrivals of several retail rivals, Wegmans Food Markets has announced it will making its debut in the Washington, DC market. The company announced its new DC store will be 80,000-square-feet and occupy the Fannie Mae building on Wisconsin Avenue NW.
“We are excited to be a part of the redevelopment of this distinct site,” said Ralph Uttaro, SVP of Real Estate for the retailer, according to Bisnow. “The District of Columbia is an ideal market for us and we look forward to serving new customers and offering a unique shopping experience there.”
As reported by the Washington Post, Wegmans will not be entering the historic building until after Fannie Mae is scheduled to move out late next year. Richard Lake, Partner for Roadside Development and a facilitator for the move told the source this will likely mean Wegmans will open its doors by 2022.
“Wegmans is a decisive win for our city,” shared DC Mayor Muriel Bowser. “Going forward, we will continue to forge strong public-private partnerships like this one that benefit DC residents and families and help us spread inclusive prosperity throughout all eight wards.”
Based in Rochester, NY, Wegmans is no stranger to the Maryland and Virginia markets. The move into DC is part of its general expansion in the Northeast, but also will put it head to head with a few of its biggest retail rivals. Over the past year or so, Lidl, Aldi, and Harris Teeter have all marked DC as an area of interest, with Lidl even choosing nearby Arlington, VA, as the home of its U.S. headquarters.
As the DC retail landscape continues to heat up and competitors keep pouring in, AndNowUKnow will update you with the latest.