Monday, February 10, 2014
BLACKFINN, FRESH GRILL, RED TOMATO PROPERTIES MAY BE REDEVELOPED IN BETHESDA (PHOTO)
Current tenants of the properties within the lower-case-b-shaped lot include Red Tomato Cafe, BCC Automotive, Fresh Grill, BlackFinn and Bold Bite. Red Tomato, BCC and Fresh Grill have already vacated their spaces, in an ongoing property damage dispute between Greenhill and the Bainbridge Bethesda project adjacent to the lot.
Redevelopment is not the only option, however. SJK is also advising the owners of the Red Tomato site in regards to the alleged damage to that structure. In June, SJK will furnish the owners, management and legal team with recommendations. Those findings, and the outcome of the court battle, will likely determine the future of Lot 667.
The lot in question does not include Hanaro or Bangkok Garden.
Should a redevelopment go forward, it would be a major, cross-block change affecting several street fronts. Karr has completed two recent projects: the Norfolk-Cordell II building (Smashburger, Roof and - soon - Dunkin' Donuts/Baskin Robbins) and a retail center at the corner of Rockville Pike and Rollins in Rockville. While one concern would be the question of current popular tenants returning to a new structure, Karr's recent track record is strong. Both new buildings seemed to match market demand perfectly, quickly becoming fully-leased, even as other vacant spaces in Bethesda remain empty. And feedback I've heard on Norfolk-Cordell II's "windows on Woodmont Triangle" design has been highly-positive so far.