A commercial district in a wealthy part of Washington, D.C. is shedding high-profile businesses. A reboot is in order, according to local business owners and political leaders.
A commercial district in the Friendship Heights neighborhood of Washington, D.C. serves as a case study of the economic challenges facing retailers during the pandemic, and the potential for a planning response.
Luz Lazo reports:
The economic crisis caused by the coronavirus pandemic has exacerbated the financial problems of retailers in the commercial district around the Friendship Heights Metro station, reigniting appeals for a major revival of what was once a corridor of high-end shopping.
With tenants large and small facing foreclosure, liquidation, or closures—about a dozen retailers and restaurants have closed in the neighborhood recently—local stakeholders are beginning to consider ideas for how to revitalize the area.
To be clear, the pandemic isn't the only headwind facing the commercial district. Newly opened competitors in nearby neighborhoods, with more of the amenities shoppers expect, have also hurt some of the businesses located in the area.
From these challenges, some residents and business leaders "say the exits present an opportunity for the area to reinvent itself," according to Lazo. Among the solutions proposed for the commercial area's struggles, reports Lazo, is a new sense of place.
“What Friendship Heights needs is not more stores selling $1,500-pairs of shoes or a $5,000-piece of expensive jewelry,” says Montgomery County Council member Andrew Friedson in the article. “It needs nice local places to grab a cup of coffee, to have a nice meal, to pick up some groceries and enjoy an evening out.”
The District’s new Comprehensive Plan also offers a prescription for the area, calling for "more density in the commercial corridor, with multiuse redevelopment on top of the Metro."
"The area also lacks a singular entity such as a Business Improvement District to promote and lead in hard times," according to Lazo.
The feature-length article includes a lot more detail about the current economic and land use conditions of the area and explores in much more detail the potential of ideas for revitalization offered in the article.
Read the full story: Friendship Heights, once known as a hub for high-end shopping, is struggling as the pandemic accelerates an exodus of retailers
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