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News Room >
Date  :   July 28 - August 03, 1995
Press  :   Washington Business Journal
   
   
Old Town Area Gets New Lease on Life
by Karen M. Lundegaardr,
Staff Reporter

Local developer Douglas Jemal has purchased the G.C. Murphy site in Old Town Alexandria and plans to lease the store to Barnes & Noble booksellers.

"It's real close," Jemal said of the Barnes & Noble deal in the 40,000-square-foot space. Several employees at Murphy's said they were unaware it might close.

It is Jemal's third purchase in two years at the improving intersection of King and Washington streets, an area long marked by boarded-up storefronts.

Although it is the physical heart of Old Town, the intersection has been a grab bag of conflicting retail uses -- with stores ranging from a Banana Republic and a Gap outlet to wig shops.

If the Barnes & Noble deal goes through, it would help revitalize the area -- and cause stiff competition for a Super Crown bookstore that opened recently a couple blocks away.

Jemal bought the Roy Rogers location, on the southwest corner of the intersection, and leased it California Pizza Kitchen, which opened a month ago. He also bought the former Henry Africa building for $850,000 and leased it to Alexandria's first brew pub, which should open this fall.

"We're making a change," Jemal said. "[The area] needs to be re-retailed to service the people who live there and go there. People just do a lease to do a lease. They're not taking into account the tenant mix of the area."

Tom Hulfish of McEnearney Commercial, an Old Town real estate firm, said he is negotiating a deal with JJ's Hallmark Shop to open a 5,000-square-foot gift shop in the former Steven Windsor store next to G.C. Murphy. Orvis, the upscale fishing and sports gear retailer, is also interested in the area, according to Hulfish.

"There's a lot going on here right now," Hulfish said. "We have some vacant space for awhile. California Pizza Kitchen has picked up interest. [And] the city eased up a little on their restrictions on restaurants.

Some of the actions and the stringent rulings in the past helped create some of the vacancies in retail."

Melton McGuire, the owner of the brew pub, said he initially had a difficult time selling the city on his concept, which he calls a good restaurant that also brews beer.

City officials have been loath to allow more restaurants in Old Town - which already has several score -- because parking is limited. But they finally relented on the Henry Africa site because it had stood vacant for so long.

McGuire, 31, and owner of McGuire Software, a consulting and software company, said he thought his Virginia Beverage Co. was the type of establishment Old Town was missing.

Assistant city manager Tom Brannan said a group of Alexandria businesses and the economic department are now examining the retail uses along the King Street corridor.

"We have some concerns about some areas along the avenue where there has been significant turnover," Brannan said.

But, he noted, fast-food restaurants play just as significant role as trendy restaurants such as California Pizza Kitchen, which opened a month ago.

"This is a market that serves many different kinds," Brannan said. "There is room for the eclectic mixture. That's what makes Old Town thrive."

Richard Flaherty, executive director of Alexandria Economic Development Corp. Inc., said it was just a matter of time for the Washington/King intersection. Given development and increased interest on the west end of King Street, near the Metro station, and the always thriving waterfront area, this middle section would also prosper.

Brannan said he doubts the city would have any opposition to a Barnes & Noble bookstore. "It's exactly the kind of store that we'd like to attract to Old Town.

Barnes & Noble officials did not return calls seeking comment before press time.


 

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