Foxtrot, Maman and Tour Boat Firm Sign On at DC’s The Yards
By Keith Loria May 25, 2023 1:06 pm
reprints
Five retailers have signed on for Phase II of The Yards, the largest waterfront development in the Washington, D.C., region being developed by Brookfield Properties.
New tenants include female-owned local plant shop Jungle & Loom, upscale corner store Foxtrot, two eateries, and Sea Suite Cruises, which will operate a boat fleet at The Yards Marina.
Upon completion, Phase II of The Yards will provide more than 1,260 new multifamily residences, 1.8 million square feet of office space and more than 33,000 square feet of waterfront park space.
“The Yards is at once a local neighborhood and a destination, so our retail success lies in providing everyday conveniences for residents and office workers with buzzworthy restaurants, bars, shops and experiences,” Bobby Swennes, executive vice president and head of the mid-Atlantic and Southeast regions for Brookfield (BN) Properties, said in a statement. “From Phase I, we learned how effective it is to mix small local businesses, like Steadfast Supply, with beloved brands, such as Lululemon, so there is both discovery and familiarity.”
Foxtrot inked a 4,300-square-foot lease at 1275 New Jersey Avenue SE and is expected to open in June. Jungle & Loom will occupy approximately 2,000-square feet of ground floor space in the same building, with a planned opening date in 2024.
Maman, a popular Manhattan café and bakery, will take 3,500 square feet on the ground floor of The Yards’ newest residential offering, Vela, at 1300 Yards Place SE. It’s expected to open this summer.
Playa Bowls, offering açaí, pitaya, and coconut bowls and smoothies, has signed a 1,400-square-foot lease also at Vela and will open in 2024.
The four retailers are in pedestrian-only Yards Place, which connects the Navy Yard-Ballpark Metro station with the Anacostia River waterfront and Nationals Park.
Sea Suite Cruises will be at the marina, where it will house Tikito, a private tiki boat tour experience, which will take six passengers out on the water for two-hour private tours up the Washington Channel.
“This neighborhood is thriving — we’re building new, beautiful residential, best-in-class office, an abundance of public space, and cool retail,” Swennes said. “Prospective tenants can see the growth for themselves, and know that our proximity to the ballpark, public transit and waterfront is a recipe for sustainable, long-term success.”
Once completed, The Yards will include 3,400 apartments; 500,000 square feet of retail, dining and services; a 225-room hotel; 1.8 million square feet of office space; and a waterfront park spread spanning 25 buildings in the Navy Yard district, according to a statement.
Jennifer Price and Kim Stein of KLNB represented Brookfield in all leases. Foxtrot was represented by John Asadoorian of Asadoorian Retail Solution; Bradley Riddle of Greater Potomac Realty represented Playa Bowls; Maman was represented by Emily Green and Taryn Brandes of Brand Urban; and Jungle & Loom was represented by Alex Meyer of KLNB. It was not immediately clear who represented Sea Suite Cruises.
Update: This story originally misattributed source material. This has been corrected. We apologize for the error.
Keith Loria can be reached at Kloria@commercialobserver.com.
