Friday, November 15, 2013

WHITE STAR ACQUIRES PARVA RESTAURANT AND LOUNGE BUILDING IN BETHESDA

Bethesda-based White Star Investments has acquired the building currently leased by The Parva Restaurant and Lounge, at 7904 Woodmont Avenue, in downtown Bethesda.

White Star purchased the 50-year-old, 2-story building for $2,200,000, in the name of White Star Woodmont, LLC.

The Parva's lease extends through 2016, so they won't be going anywhere anytime soon. Let's hope The Parva can stay, as the 2-level restaurant/lounge fills a major gap in Bethesda. Not only do they feature South American cuisine from Colombia, Venezuela, Argentina and Peru, but also Latin-themed nightlife and events. Often you can find two different events going on at once, or DJs spinning a different type of music on each floor.

It would seem that - in the long term - the property would have the highest value if it were combined with the building next door (which houses BGR, Jetties, etc.), which would provide more room for a larger building. There is no indication that property owner has any interest in redeveloping, however.

3 comments:

  1. Phil M.12:36 PM

    I hope they don't stay. They keep the residents in the Fairmont condo building up with their loud music and patrons standing outside. They've received numerous noise complaints.

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  2. Anonymous1:59 PM

    From what I understand, Parva has been non responsive to noise complaints from residents who live in the Fairmont. Will the county help in the matter?

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  3. Anonymous10:21 PM

    Isn't it the job of police to enforce noise violations. Were they called?

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