Tuesday, March 5, 2013
One of the area's oldest supermarkets will be shutting down after nearly six decades in business.
The Giant Food grocery store on Queens Chapel Road, one of the first modern supermarkets to open in the area, and one which can count Queen Elizabeth II as one of its customers, will be closing early next month. According to a press release issued this evening from the Landover-based Giant Food, the store will be closing at 6 p.m. on Thursday, April 4, 2013. The in-store pharmacy will be ceasing operations earlier, on Wednesday, March 27 at 6 p.m. “After a thorough review of the operating performance of our stores, we made a very difficult decision to close the Queenstown location,” read a statement in a press release attributed to Anthony Hucker, president of Giant Food. “We regret any inconvenience this will cause and encourage our …
Tuesday, February 26, 2013
Bargain hunting yarn enthusiasts, take note.
Hey there local yarnsters, here's a friendly reminder: The ill-fated Tangled Skein's liquidation sale continues, with deals up to 50 percent across the entire store, according to The Hyattsville Wire. A Tangled Skein is located at the intersection of Gallatin Street and Baltimore Avenue in downtown Hyattsville, across the street from Franklin's Restaurant, Brewery and General Store.
Friday, January 11, 2013
Longtime mom-and-pop shops in Prince George's County are going under as large chain stores expand and Internet business takes off.
Family-owned businesses can sometimes show more personal care than large franchise retailers. Some take extra pride in ownership because their name is up front. In today's economy, though, the special touches are not always enough to keep them afloat. Some long-time local businesses in Prince George's are going under as chain stores expand and Internet business takes off. Friends Larry Paulson and Cheryl Hoffman who co-own A Tangled Skein yarn store in Hyattsville announced they're closing with a liquidation sale date set for Jan. 10. They saw their store as a chance to try to form a community around the act of making something by hand. Customers were welcome to sit in the store with their fresh skeins of yarn and stitch a few rows while …
Wednesday, January 9, 2013
Streetsense hopes to rent building space to commercial, office tenants.
The iconic but currently vacant TESST building in downtown Hyattsville could see new life in the near future. Streetsense, the Bethesda-based real-estate planning and development firm has recently acquired the property and plans on eventually renting it out to commercial tenants. According to Marc Ratner, CEO of Streetsense, Hyattsville's downtown Route 1 corridor is fertile ground for redevelopment. Recent work to renovate existing city parking lots, expand on-street parking, and plans to construct a new parking facility along Route 1 are attracting attention among developers. "All of those things are very positive in terms of spurring additional development," said Ratner in an interview. "We remain extremely interested in wanting to …
Tuesday, January 8, 2013
After six years in business, A Tangled Skein to begin liquidation sale this week.
In the face of an increasingly difficult retail environment, the owners of A Tangled Skein, the downtown Hyattsville boutique yarn shop, are closing up shop after six years in business. The store, co-owned by longtime friends Larry Paulson and Cheryl Hoffman, stocked a wide variety of yarns at a range of prices to cater to the Hyattsville region's legion of knitting and crochet enthusiasts. In an interview, both framed the decision to close the shop as one motivated by a desire to move on to a new stage in their careers. But Paulson, who did much of the accounting for the business, admitted that competition from internet and big-box retailers was dragging down the bottom line. "When we opened up, the closest yarn stores were in Columbia …
Monday, September 10, 2012
Subway franchisee wants to redevelop vacant property on Route 1.
A Subway franchisee has his eyes on a blighted piece of downtown Hyattsville, with a proposal to transform a vacant aluminum-sided building near the intersection of Jefferson Street and Baltimore Avenue into a fast food restaurant. The building, located at 5516 Baltimore Avenue, most recently housed the ill-fated Alberta's Thrift Shop, whose sign can still be seen hanging above the fenced off structure. The site sits next to the Happy Wash car wash at 5514 Baltimore Avenue. If given approval by the Maryland National Capital Park and Planning Commission, the site would be razed and redeveloped as a one-story, 1,400 sq. foot fast food sandwich restaurant. But the property owner, Potomac resident Jagjot Khandpur, is requesting a variance, …
Saturday, August 11, 2012
New resource for local foodies launches.
Hyattsville foodies have a new resource to turn to when in search of a tasty morsel. Yesterday, the Hyattsville Community Development Corporation launched the Hyattsville Dining Guide. It's a new website which highlights the more than 60 restaurants which call Hyattsville home. The site is split into three sections, one for each of the commercial hubs within Hyattsville; Baltimore Avenue, West Hyattsville and Magruder Park corridor and the Prince George's Plaza area. Each listing on the website contains basic information (address, phone number and such), as well as links to the establishment's Patch directory, Yelp page and restaurant website. There's also a printable PDF version which might go nicely on the refrigerator as a reference …
Monday, June 11, 2012
The Prince George's County Council unanimously adopted "Buy Local Week" to encourage residents to support local businesses.
If you're planning a late-summer shopping spree, Prince George's County officials want to encourage you keep it local. In an effort to support local businesses and encourage county businesses to spend their tax dollars close to home, the Prince George’s County Council adopted a resolution last week establishing “Buy Local Week” in Prince George’s County, according to a press release issued by the council. “Buy Local Week” will take place annually the second Sunday to the following Saturday of each August, and will coincide with Maryland “Tax Free Week.” During “Tax Free Week,” the state sales tax does not apply to clothing or footwear purchases of $100 or less. “Locally owned businesses are the drivers of our economy, creating jobs, …
Thursday, May 31, 2012
West Hyattsville apartment complex with history of scamming customers is sold to new owners.
A legally troubled apartment complex on Hyattsville's west side has been sold to new owners. The Ager Road Station apartments were sold to Federal Capital Partners for $14.75 million, according to a press release issued yesterday. “Ager Road Station is the type of product that fits perfectly with our investment criteria and is exactly what we will continue to pursue – strong occupancy at 98%, excellent access to Metrorail, Metro bus routes and transportation corridors and an opportunity to create value through capital investment and aggressive management,” said FCP Managing Partner, Alex Marshall in the press release. “The Hyattsville submarket as a whole has excellent demand dynamics, with Delta Associates reporting 97% occupancy in …
Tuesday, May 15, 2012
High rise complex, assessed at $65 million, to be sold on courthouse steps today.
Update - 2:30 p.m. - The Towers at University Town Center will likely be bought back by the mortgage lender, Delaware based ML-CFC Commercial Mortgage Trust 2007-8 LLC, following a quick auction outside of the Prince George's County Circuit Court in Upper Marlboro earlier this afternoon. The complex was purchased for $39.15 million, the opening bid. Though a small group of potential buyers had gathered for the auction, none placed any bids higher than the opener. Though ML-CFC owns the winning bid, the purchase still has to be finalized by the circuit court before it becomes official. Original article: If you're looking for a bargain on a high-rise housing complex, then today might be your lucky day. The massive, 244-unit, 910 bed …