Construction on the new Trader Joe's grocery store at 7900 Wisconsin Avenue began on June 28, 2021. Here's a look at the progress on the interior fit-out as of today. Trader Joe's is the anchor retail tenant at this JBG Smith-developed building, which is branded as 8001 Woodmont.
The number one question from readers has been, "Will the existing Trader Joe's down the street close when this opens?" Trader Joe's has so far declined to officially comment on that, so all is speculation on that front at the moment. My speculation is that it will close, and that is why Douglas Development brought in Target to that mall. Others predict the profitability of the existing location will allow the chain to sustain two stores downtown.
Surely the original TJ will eventually close; there's no way their intention is to operate two stores that close to each other. Maybe they'll run out their original lease and there will be a couple years of overlap, but even that seems unlikely.
ReplyDeleteThe existing TJ manager once told me they do over $600,000 a week of business in that location and that it was the highest grossing TJs location per sqft. Given the small size of the store and the fact there isn't a TJs in DT SS or really most of NW, I bet they keep it at least until the lease expires and then move it south (FH or Chevy Chase Circle)
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