Barcroft Plaza is getting a facelift, the Washington Business Journal (WBJ) reports. Federal Realty Investment Trust plans to spend $3.2 million on new facades, improvements to standalone building that houses Bank of America, outdoor seating for Starbucks, and a better connection between Harris Teeter and the stores at 6464 Lincolnia Road.
Federal Realty purchased the Lincolnia Road section (including Super Dollar, Modern Hair and Nails, Capital Outlet, Super Pollo, and 7-Eleven) in November for $5.275 million.
Federal Realty Senior Vice President Wendy Seher told WBJ the company is interested in investing in Barcroft Plaza now that it has full control of the site. The lease for Super Pollo was renewed shortly after the purchase.
The company plans to start work on the eastern portion of the shopping and the building with Bank of America and Fairfax Laundromat in July. Work on the older portion of the site will be several months behind. The first phase could be completed by the end of the year.
A new restaurant/sports bar, Glory Days Grill, is expected to open at the eastern end of retail center by Labor Day. WBJ says it will have an outdoor seating area.
Barcroft Plaza has at least three vacant stores. Federal Realty has hired an outside brokerage, KLNB to market the property and attract “a wider mix of high-quality tenants,” according to WBJ.