Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today that Starbucks will open in a new 1,800-square-foot retail location at 22114 Gramercy Park Drive in Ashburn, Virginia next to the lobby of BLVD in Loudoun Station.
Set to open later this year, the nationally recognized coffeehouse is a welcome addition to Loudoun Station and will be the second Starbucks location within Comstock’s managed portfolio. The Starbucks mission, “to be the premier purveyor of the finest coffee in the world, inspiring and nurturing the human spirit — one person, one cup and one neighborhood at a time,” perfectly complements Comstock’s mission to develop and support premier mixed-use neighborhoods that enhance the surrounding community.
“Bringing Starbucks to Loudoun Station further evidences our commitment to attract leading retail and entertainment options to our developments,” said Tim Steffan, Chief Operating Officer of Comstock. “This addition not only provides another convenient, best-in-class retail option to residents and visitors alike, but also delivers on our long-term goal to make Loudoun Station a dynamic and engaging place to live, work, and gather.”
Loudoun Station is Loudoun County’s first and only Metro-connected development. Located adjacent to Ashburn Station at the terminus of Metro’s Silver Line that connects to Dulles International Airport and downtown Washington D.C., Loudoun Station is at the forefront of Loudoun County’s transformation into a transit-oriented community. The neighborhood currently includes over 1 million square feet of high-quality residential, office, retail, and entertainment space, with an additional 1.5 million square feet of mixed-use development planned. For more information, please visit LoudounStation.com.
About Comstock
Founded in 1985, Comstock is a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region. With a managed portfolio comprising approximately 10 million square feet at full build-out and including stabilized and development assets strategically located at key Metro stations, Comstock is at the forefront of the urban transformation taking place in the fastest-growing segments of one of the nation’s best real estate markets. Comstock’s developments include some of the largest and most prominent mixed-use and transit-oriented projects in the mid-Atlantic region, as well as multiple large-scale public-private partnership developments. For more information, please visit Comstock.com.
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