Pike & Rose showcases Federal Realty’s sustainability credentials

Pike & Rose showcases Federal Realty’s sustainability credentials

Plus: Former high-end shopping hub struggles as pandemic accelerates exodus of retailers; Man takes cruiser, leads officers on Montgomery chase, police say

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Pike & Rose showcases Federal Realty’s sustainability credentials

The completion this summer of 909 Rose, Federal Realty Investment Trust’s latest addition to its transit-oriented Pike & Rose mixed-use development, highlights the REIT’s long-term sustainability track record and its commitment to creating communities that are aligned with the evolving needs of tenants and residents. [Nareit]

Former high-end shopping hub struggles as pandemic accelerates exodus of retailers

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.

Department stores Lord & Taylor and Neiman Marcus are having liquidation sales this fall. Mazza Gallerie, the mall anchored by Neiman Marcus, facing foreclosure, was sold at auction this summer. [Washington Post]

Man takes cruiser, leads officers on Montgomery chase, police say

A man took a police cruiser in Montgomery County Saturday and led officers on a chase before crashing into another police vehicle and being taken into custody, authorities said.

As told by the Maryland-National Capital Park Police, the man flagged down a park police officer about 3:30 p.m. at Georgia Avenue and Prince Philip Drive in Olney and complained of chest pain. [Washington Post]

Today’s weather

Partly cloudy, with a high around 81 and a low around 68

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