Roadside Development LLC’s Post

 Even as the Mid-Atlantic contends with higher interest rates and a drop in daytime traffic within urban centers as a result of new work-from-home practices, retail in the region continues to shine. Despite recent economic headwinds and uncertainties it is thriving and as strong as ever. Richard Lake of Roadside Development LLC notes in a recent interview , “it’s a very strong market with tight vacancy.” Perhaps Robert Hoffman, #GlobalUrban, who is part of a team with MRP that purchased #GalleryPlace, said it best, “if you believe in the United States, you better believe in D.C.”  https://lnkd.in/eaqduYai ICSC DCBIA #DCStories #Only1DC #WDCEP

NBA Star Kevin Durant Puts Mumbo Sauce on ‘Everything’ — Just Like many D.C. Chefs - including Taco Bamba chef Victor Albisu. Taco Bamba made its anticipated return to D.C. last year, and Albisu decided to play with the cult-like condiment for the first time at its new City Ridge locale. The “Hey Zeus” taco stars thick-cut bacon glazed with a mumbo he makes with ketchup, pineapple, hot sauce, and soy. “We wanted to create a D.C. barbecue-style taco,” he says. See the entire story here https://lnkd.in/eGrfu6d3 Roadside Development LLC Eater #CityRidgeDC Tenleytown Main Street #DCfoodies

Roadside Development LLC, which bought the #TasteeDiner site in 2023, got the green light Thursday from the Montgomery County Planning Board for sketch and preliminary plans, important milestones in laying the regulatory groundwork for a new residential-over-retail tower on the 1-acre assemblage at 8711 Ramsey and 8676 Georgia avenues. https://lnkd.in/e-cM9ZjY #SilverSpring #JeffEdelstein #BrianCorcoran #mixedusedevelopment #redevelopment #SilverSpringDowntown #BonstraHaresignArchitects #MacrisHendricksGlasock #GreaterSilverSpringChamberofCommerce #UnitedTheraputics

Summer in the City! City Ridge DC is hosting its Band Bash on Saturday July 13 from 4pm - 8 pm. There will be a range of onsite activities featuring music-themed giveaways, face painting, bubble art, lawn games, and snow cones. Hear the bands while you shop for new and used vinyls to add to your collection from a pop-up by local the vinyl seller, @tinyvinylshop! 🎧.

Love Music? Join us and catch some of the local music scene at City Ridge on Saturday, July 13, 2024. From jam rock to covers, 3 local bands take the stage while you can enjoy delicious bites from City Ridge restaurants. Bring your blankets or grab a seat in our limited seating to enjoy the music. There will be a range of onsite activities featuring music-themed giveaways, face painting, bubble art, lawn games, and snow cones. Support your favorite musicians and celebrate the vibrant local music scene with the community. All festivities will take place on The Great Lawn at City Ridge 20 Ridge Square NW Line Up: 4:00 – 5:00 PM: Gordon Sterling and the People 5:20 – 6:25 PM: Cheaper Than Therapy 6:45 – 8:00 PM: The Funicular Project RSVP here https://lnkd.in/eAbhtYF7 Roadside Development LLC Tenleytown Main Street Bozzuto #musiclovers #localmusic #CityRidgeDC

Congratulations to Managing Partner Richard Lake for being named an Influencer in Retail Real Estate 2024 by Globe Street! He is in great company! Retail real estate has seen interesting shifts recently, with consumers slowing purchases due to higher prices. Despite this, owners and landlords are thriving in a market with strong fundamentals, scarcity of space, and high demand. Cheers to the industry leaders navigating these dynamics alongside Richard Lake this year. The full article can be found here: https://lnkd.in/eKtGQ2z5 Influencers in Retail Real Estate 2024 (globest.com) Commercial Real Estate News (CRE) & Property Resource | GlobeStglobest.com #RetailRealEstate #IndustryLeaders GlobeSt.com #Congratulations DCBIA Washington DC Economic Partnership Federal City Council

The Cambria Hotel, at 899 O St. NW in D.C.'s Shaw neighborhood, has been sold. The hotel was developed in 2012 by a joint venture of Concord Hospitality, D.C.-based Roadside Development LLC, and Choice Hotels International, and is a strong asset for City Market at O. the hotel was recently acquired by an affiliate of Frontier Development & Hospitality Group LLC from North Carolina-based Concord Hospitality. This transaction was reported in the Washington Business Journal. #CambriaHotel #HospitalityIndustry #RealEstateUpdate #CityMarketatO see full story here: https://lnkd.in/envxd8TA

Savoring Spring with City Ridge!!!! Join us for a celebration on Saturday, June 1 from 4:00 PM - 7:00 PM on The Great Lawn at City Ridge as we squeeze every drop out of the best days of spring! 14 Ridge Square NW, Washington, DC, 20016 Check out the Oyster Showcase by #KingStOysterBar, featuring an array of oysters, along with other KSOB menu items complimented by local beer and wine. For some turf to compliment your surf, venture over to Taco Bamba Taqueria Margarita Garden for tacos and cocktails. Additional offerings from @Rooftop Kitchen and #TatteBakery will be available. Enjoy an evening full of live music and activities, grab your main squeeze or the whole family, as there will be something for everyone, including lawn games, a bubble artist, face painting, and glitter tattoos! Tenleytown Main Street Roadside Development LLC #CityRidgeDC #springfling

King Street Oyster Bar's Chef Rick presents an extravagant seafood tower for seafood lovers! Catch a glimpse of this culinary delight in a clip featured on WUSA-TV. King Street Oyster Bar is participating in City Ridge DC’s Spring garden party on June 1st, 2024. #Greateats #DCFoodie Roadside Development LLC Tenleytown Main Street #DCdining Bozzuto https://lnkd.in/etTcU8UT