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Business in Brief: Target in Tenleytown; Bread Furst “renovation menu”; coworking + daycare site to open next month

February 22, 2019 by FHC

by Katherine Saltzman

Target in Tenleytown

Target is opening a Cleveland Park store in April, so this news came as a surprise: Target will also be moving into the former Best Buy location in Tenleytown. The Washington Business Journal was the first to report that Target has signed a 10-year lease with six 5-year extension options and a recorded value of $23.4 million.

When it opens next year, the Tenleytown Target will occupy about 46,000 square feet, which is about a third of the size of a typical Target store. The Cleveland Park location, only a mile and a-half way from Tenleytown, will be only 24,700 square feet. A small-format Target opened in Bethesda last year, another is opening at Georgia and Eastern Avenues in April, and the company plans another in the Ivy City neighborhood next year.

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Special renovation hours and menu at Bread Furst

The checkout counter at Bread Furst.

When Bread Furst closes for the day on Sunday, February 24th, work will begin on new floors and a new checkout counter. But the business is not closing completely during the renovation.

On Monday, February 25th and Tuesday, February 26th, Bread Furst will serve a special “Renovation Menu” from 8 a.m. to 2 p.m. with “breads and pastries and a special menu of foods we don’t ordinarily make.”

And on Wednesday the 27th, Bread Furst says it will reopen with an “ordering system that makes sense.”

Not your typical working lunches at The Avenue

If you typically work from home but are looking for a change in scenery, The Avenue in Chevy Chase is beginning to offer daytime coworking space with cafe service.

Starting Monday, March 4th, the restaurant’s spacious third floor will be available as an adults-only workspace on weekdays from 9 a.m. to 5 p.m. Membership – $10 per day, $40 per week, and $120 per month – includes wifi and table service for coffee, tea and soda. A breakfast and lunch menu will be also be available.

Restaurants have been experimenting with the coworking concept to monetize dining areas that are otherwise going unused, cover increasing real estate costs and to meet the demand for independent work spaces. Indique in Cleveland Park gave it a try in 2016.

Work with your kids at Two Birds

A DC-based start-up that offers both coworking space and a licensed daycare center is expected to open in March in Tenleytown.

The new concept, Two Birds, signed a lease in August 2018 at 4001 Brandywine St, NW for 12,800 square feet on the first and second floors of the building. Georgetown MBA grads Kelsey Lents and J.P. Coakley crafted the plan in one of their business classes. According to BisNow, Lents and Coakley saw a gap in opportunities for parents that worked at home versus parents working at large companies that provide daycare services.

Two Birds won grants from a Georgetown pitch competition and the DC Department of Education, plus it has raised $650,000 from investors. And when the website launched, the waitlist for spots filled up quickly.

The working space can accommodate up to 60 people. The daycare will be a licensed facility with full-time staff and can accommodate children from 1 month to 5 years old. Membership pricing depends on length of daycare needs (full day or half day) and desk space (shared or dedicated). There is also an opportunity to enroll in just the the daycare services.

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Filed Under: Business, Business in Brief, News, Out to eat, Shop & Eat Local

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