Category: Business

Report: Taylor Gourmet to Close All Locations

Taylor Gourmet, the fast-casual hoagie chain that started on H Street N.E in D.C., is closing all of its stores, according to a report in Washingtonian magazine. The chain opened it first location in 2008 and expanded to 17 stores in the D.C. area and two in Chicago. The Silver Spring store at 8535 Fenton St. opened in April 2017 and was the second Maryland location. The reasons for the closure are unclear. Sources told Washingtonian that the chain never recovered its sales, which slumped after owner Casey Patten met with President Donald Trump as part of a small...

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Study: Rezoning, Public Investment Needed to Revitalize Georgia Avenue Corridor

Rezoning and significant public investments offer the best chance for revitalizing the Georgia Avenue corridor in Forest Glen/Montgomery Hills, according to a new market analysis of the area. The study, conducted for the Planning Department by Washington, D.C.-based Partners for Economic Solutions, will be presented in a public meeting from 6-8 p.m. Monday, Sept. 17 at Park and Planning headquarters, 8787 Georgia Ave. The department is in the process of creating a sector plan for the area, which runs from Spring Street north to Dennis Avenue, and commissioned the study as part of that effort. “The character of the...

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Chess Center Moving Headquarters to Silver Spring

Photo from pxhere under Creative Commons CC0 The U.S. Chess Center is moving to new headquarters at 8560 Second Ave. in Silver Spring and is celebrating its grand opening with three free events tomorrow (Sept. 8). Grandmaster Jennifer Yu, 2014 World Girls Under-12 Champion, will play up to eight simultaneous games against all comers, adults or children, from 10 a.m. to noon outside the building. (The exhibition will be in the lobby if it’s raining.) From noon to 3 p.m., the center will hold a drop-in tournament for all kids grades K-12 who know chess rules. Participants can play...

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Discovery Sells Silver Spring Headquarters Building

Photo of Discovery’s headquarters with the famous Chompy by Flickr user and ©GlynLowe.com, published under a Creative Commons license. Discovery Communications has sold its headquarters building in downtown Silver Spring, according to reports. The buyers are a joint venture of Foulger-Pratt, based in Potomac, and Cerberus Capital Management, a New York private investment firm, reports WTOP. The radio station cites the Washington Business Journal, which broke the news in a subscriber-only story, as saying the price was $70 million. WTOP also quotes Cameron Pratt, chief executive of Foulger-Pratt, saying, “When the opportunity to purchase such an iconic, centrally-located building...

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Reinventing Yourself through Downsizing to Condo Living

Guest post and photo from Melinda Schnare Many people I meet are thinking about downsizing from their large, beautiful homes surrounded by tall trees and green grass to a condo. My first question is, “Will you be able to live without gardening, working with soil and watching your plants grow?” They ponder the question and then say, “Yes! What I want now is…easy.” Then they go on to describe their new life. A smaller space that is maintenance free, close to the metro with high “walkability” scores. They are seeking spontaneity, and the ability to walk or Metro to...

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