Monday, February 18, 2019

Rockville McDonald's closes for renovations (Photos)

The McDonald's at 1390 Rockville Pike has temporarily closed for renovations. It's a major project that required the restaurant to close, unlike some of the makeovers the chain rolled out earlier this decade. Customers are being referred to the Derwood McDonald's location during the project. There are also McDonald's further down the road at 11564 Rockville Pike, and at 2101 Veirs Mill Road in Rockville.

Friday, February 15, 2019

Mass layoffs announced at Rockville company

Centerra Group, LLC, a government safety and security contractor located at 11555 Rockville Pike, has informed the state of Maryland it will conduct mass layoffs of its employees March 31, 2019. The firm filed a WARN notice with the state regarding the layoffs yesterday.

Eighty-seven employees are slated to lose their jobs, according to the notice filing. This is another blow to the anemic job activity in the White Flint area, which was capped off by the humiliating loss in the Amazon HQ2 sweepstakes. Montgomery County's economy grows more moribund with each passing hour, yet our County Council hasn't taken a single action to address the economic development crisis in the first two months of its term. Heckuva job, Brownie!

Thursday, February 14, 2019

Federal Realty exceeds revenue forecasts for Q4 2018

Federal Realty, which owns several major retail centers in Rockville including Rockville Town Square, exceeded analysts' forecasts for revenue in the fourth quarter of last year. The real estate trust took in $235.4 million in revenue in the quarter, compared to the $$234.2 million the Associated Press reports analysts had forecast.

Funds from operations, which adds depreciation and amortization to a firm's net income, exactly matched forecasters' estimate of $1.57 per share, the AP reports. Federal Realty's stock has climbed 23% over the last year. The City of Rockville recently began subsidizing anchor Dawson's Market at the struggling Rockville Town Square, where multiple large tenants closed in 2018, including Mellow Mushroom pizzeria, Pandora Seafood, and - briefly - Dawson's Market, until the city subsidy enabled it to reopen.

Federal Realty is headquartered in Rockville.

Wednesday, February 13, 2019

Public hearing February 25 for N. Stonestreet Ave. Plan amendment

The public can weigh in on the proposed amendment to the N. Stonestreet Avenue master plan at a hearing scheduled for Monday, February 25, 2019 at 7:00 PM before the Mayor & Council at City Hall. You can see the draft of the amendment online.

To testify, call 240-314-8280 by 4:00 PM the day of the hearing, or submit testimony in writing to or City Clerk’s Office/Director of Council Operations, City Hall, 111 Maryland Ave., Rockville, MD 20850.

Tuesday, February 12, 2019

Giant ends Senior Tuesdays discount

Senior Tuesdays usually find an increase in shoppers at local Giant stores. That was because of the 5% discount for seniors. About two weeks ago, however, some seniors discovered the popular promotion is ending.

While the 5% discount was honored that Tuesday, the shoppers were informed that they could sign up at the customer service desk for a new promotion where coupons would be mailed to them at home. I asked the corporate office at Giant, and they confirmed that the Senior Tuesday promotion is being axed.

Giant said they are introducing a new plan for seniors, a personalized monthly mailer with targeted coupons and nutrition advice. As store employees told shoppers two weeks ago, you can sign up for the mailings at the customer service desk using your Bonus Card and mailing address.

Monday, February 11, 2019

Collingswood Nursing Home acquired by private equity firm

Collingswood Nursing Home has been a landmark at 299 Hurley Avenue in Rockville for almost 50 years. Now its family ownership has sold the nursing and rehab center to Tryko Partners, a New Jersey-based private equity firm. Tryko has put the facility under the management of its Marquis Health Services firm, Skilled Nursing News reports.

The nursing home also sits on a prime piece of real estate, which makes it a very valuable investment for the long-term, as well. Potential redevelopment of the shopping center property up the street has already caused much consternation in the Rockshire neighborhood, so this is something to keep an eye on. However, the nursing home was recently renovated, suggesting it isn't going anywhere in the near future.

Friday, February 8, 2019

Rockville Planning Commission to hold public hearing on Twinbrook Quarter/Wegmans project plan

The Rockville Planning Commission will hold a public hearing on B.F. Saul's project plan for its Twinbrook Quarter project on Wednesday, February 13, 2019 at 7:00 PM in the Mayor & Council chambers at City Hall. The project will be anchored by a Wegmans grocery store at the corner of Rockville Pike and Halpine Road near the Twinbrook Metro station.