WASHINGTON, DC—Lowe's Home Centers LLC first DC store took a major step forward on Thursday as the home improvement chain acquired land at The Shops at Dakota Crossing.
Lowe's purchased the property in the district's Fort Lincoln section from Fort Lincoln Retail LLC for $3.58 million, according to the Washington Business Journal. Construction on the single-story, 135,000-square-foot store in June with a store opening projected sometime next summer.
Other major retailers at The Shops at Dakota Crossing include Costco Wholesale, which opened its 154,000-square-foot store in November 2012, and Marshalls, which is expected to take approximately 30,000 square feet of space at the center. See story in the Washington Business Journal.
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