Saturday, May 09, 2015

Gallery Bethesda signs tenant for Auburn Avenue retail space (Photos)

The retail space in the ground floor of the Gallery Bethesda luxury apartment tower on Auburn Avenue has just been leased by Architectural Elements, an architectural design showroom.

This is the latest development in a new trend in downtown Bethesda. Since the end of the recession, high-end architecture and interior design firms have been moving to downtown Bethesda, close to where high-income homeowners are working on the most expensive renovation and teardown projects in the area.

Previous firms to open downtown Bethesda offices include KONST and SR/A Interior Architecture and Design.

The Gallery has one other retail tenant, Aria Beer Wine & Deli. There are plans to eventually move the fitness center upstairs, and lease that ground floor gym as another retail space. Gallery's residential units are virtually fully-leased, as well, making it the biggest success story so far in the post-recession downtown real estate market.

Gallery Bethesda was developed by Donohoe and is managed by Vantage Management.

6 comments:

Anonymous said...

Not the sort of tenant that activates the space.

Betsy said...

Awesome they signed a tenant. Not so awesome it's a tenant that doesn't do anything to activate the street level.

Anonymous said...

Seriously, cordell area is the worst. Fuck those tenants.

Betsy said...

Why f the tenants again?

Anonymous said...

Apart from the dispensary that was there in the early 2000s, there wasn't that much "activation" on that block previously.

Steve D. said...

Big Planet Comics is on Cordell, so it gets a pass.