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Mayor Vincent C. Gray Celebrates the Grand Opening of Costco Wholesale at The Shops at Dakota Crossing

Thursday, November 29, 2012

Mayor Vincent C. Gray Celebrates the Grand Opening of Costco Wholesale at The Shops at Dakota Crossing

Delivers Long-Awaited Retail Option to Fort Lincoln New Town in Ward 5

(WASHINGTON, DC) – Mayor Vincent C. Gray, other District government leaders, retailer Costco Wholesale and development-team partners today celebrated the grand opening of a new 154,000-square-foot membership warehouse at 2441 Market Street NE in The Shops at Dakota Crossing. Located in one of the District’s gateway communities, Fort Lincoln New Town, the highly anticipated retail anchor brings a variety of convenient specialty departments to its newest area store, located near the intersection of New York and South Dakota Avenues NE in Ward 5.

“Costco Wholesale’s opening in The Shops at Dakota Crossing today signals a huge milestone for retail in the District,” said Mayor Gray. “Having the big-box retailer call the District home as this shopping center’s anchor tenant means that many more District residents can partake in its discount shopping options here, thereby slowing retail leakage and keeping tax dollars in our jurisdiction – two critical elements of my administration’s economic-development strategy.”

Principals from Costco Wholesale were joined by Mayor Gray; Ward 5 Councilmember Kenyan McDuffie; Deputy Mayor for Planning and Economic Development Victor L. Hoskins; principals from the development partnership Fort Lincoln Retail, LLC; area residents; and potential shoppers to formally cut the ribbon and open the store to the public. Until today, local residents had to drive approximately 10 miles southwest to Pentagon City, Va.; 17 miles northeast to Beltsville, Md.; or 10 miles east to Lanham, Md. to shop at a Costco Wholesale warehouse.

“Today is affirmation of DC leaders’ firm faith that quality retailers want to bring amenities and an array of shopping choices to the District,” said Deputy Mayor Hoskins. “We look forward to continuing our marketing and recruitment efforts to match retailers with other great retail opportunities across the District. Also, we proudly thank our partners at the Washington, DC Economic Partnership for seeing the business attraction relationship with Costco Wholesale through to fruition over nearly a decade. Today is a win for all who have been involved over the years.”

The local Costco warehouse will offer quality name-brand and private-label merchandise, and it will feature a fresh bakery, fresh meat, fresh produce, a fresh deli with rotisserie chicken, an optical department with an independent doctor of optometry, a 1-hour photo, a pharmacy, a tire center, hearing aid center, a food court, and fine wines and liquors. This first Costco Wholesale warehouse in the District of Columbia will be the company’s 448th in the United States and Puerto Rico and the 619th worldwide.

The Shops at Dakota Crossing is located just inside the District line off South Dakota Avenue NE and a short distance from heavily traveled Route 50 and DC 295/Baltimore-Washington Parkway. Situated on a 44-acre site, Costco Wholesale is the first retail tenant to open for business at The Shops at Dakota Crossing, which broke ground in February of this year. Including the anchor tenant, the center will house 430,000 square feet of retail space and 2,000 parking spaces. Additionally, the project will create 1,200 new jobs (permanent and construction) in the District and generate $634 million in tax revenues for the District over the next 30 years.

The project is part of over $2 billion worth of District-affiliated projects currently under construction across the city, creating thousands of construction jobs and permanent jobs. Additional project information can be found by visiting the Deputy Mayor for Planning and Economic Development’s project page for The Shops at Dakota Crossing.