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Jessica Sabbath// May 17, 2018//
H&R Retail announced Thursday it has been selected by PerseusTDC and Four Points to be the brokerage firm for the retail component of the redevelopment of 200 Stovall in Alexandria.
The project includes developing an office building into a 635,000-square-foot mixed-use development. It will include 25,000 square feet of retail, 520 apartments and 246 parking spaces.
The development will be near the Eisenhower Metro station, Hoffman Town Center, headquarters for the U.S. Patent & Trade Office and the National Science Foundation headquarters.
The H&R retail team will include Principals Ray Schupp and David Ward.
“The property is strategically positioned adjacent to AMC Hoffman Theater, a future Wegmans, and strong daytime generators that will allow us to curate a fantastic merchandising mix,” Schupp said in a statement. “We plan to target restaurants, banks, specialty fitness and unique-service retailers as an amenity for the future residents of the building.”
200 Stovall broke ground in March 2018, and initial units are expected to be ready in the fourth quarter of 2019. Full completion is slated for 2020.
