BurgerFi, The Offices at Pike & Rose post coming soon signage

More signs of the future are popping up at Pike & Rose. BurgerFi, the gourmet burger chain that uses 100% Angus beef, has posted coming soon signage on its construction wall along Grand Park Avenue. Developer Federal Realty is also beginning to market leasing space at 909 Rose, branded as The Offices at Pike & Rose. Also coming in Phase 3 are 900, 910 and 915 Meeting Street.

Nike to close Rockville Factory Store

A second sporting goods retailer has failed to last in a prime corner spot at Pike & Rose. The Nike Factory Store will close this Friday, August 24, 2018. City Sports held the spot when the development opened, but closed when the chain fell into bankruptcy.

There's no indication the failure is the fault of Federal Realty; I was at Pike & Rose Saturday night, and the development was the most crowded I have ever seen it so far. To me, the "Factory Store" brand seemed a mismatch for an upscale development, but foot traffic has grown tremendously on Grand Park Avenue over the time the store has been open.

Police release composite sketch of suspect in Rockville sexual assault

Montgomery County police detectives have released a composite image of the suspect in an August 13 sexual assault in Rockville, in hopes that the public can help identify him. Officers responded to an apartment in the 200 block of Rollins Avenue around 11:00 PM that night, after a caller reported a sexual assault.

Detectives say the pantless suspect approached the female victim as she was sitting outside the apartment complex, and grabbed her shirt. He then attempted to pull down her pants. The victim fought back, and the suspect fled on foot in an unknown direction.

Police describe the suspect as a "husky" Asian male in his mid-30’s, approximately 5′ 7″ tall. He has a "broad face with a wide jawline," acne on his cheeks, black hair, and brown eyes. The suspect was wearing a tan baseball cap, a tan T-shirt, and was not wearing pants.

Detectives are asking anyone with information about this incident or the suspect to call the Special Victims Investigations Division at 240-773-5050. Those who wish to remain anonymous may call Crime Solvers of Montgomery County toll-free at 1-866-411-TIPS (8477). Crime Solvers will pay a cash reward of up to $10,000 for information provided to them that leads to an arrest and/or indictment of the suspect.

K-Pot Korean BBQ & Hot Pot coming to Rockville

More Korean BBQ and another hot pot place are coming - all in the same restaurant. K-Pot Korean BBQ & Hot Pot plans to open soon at 5550 Randolph Road, in the Montrose Shopping Center. The space was formerly home to Teppanyaki Grill & Buffet.

K-Pot is a New Jersey restaurant that is about to become a chain with this location, and another new location in Philadelphia. The company promises patrons a "fresh, tasty, chic and stylish Asian fusion restaurant."

New details on UNIQLO grand opening at Pike & Rose

As I reported recently, Japanese apparel chain UNIQLO will be opening its Pike & Rose store on Saturday, September 1, 2018 at 10:00 AM. The company released some additional details about its grand opening events on Wednesday.

Japanese Taiko drummers will perform as a countdown to the doors opening just prior to 10:00 AM that day. The following special promotions will be offered on opening day, and September 2, and only at their Pike & Rose location:

Extra Fine Merino Sweaters:

• Men’s: $34.90
• Women’s: $24.90

Ultra Light Down Vests

• Men’s and Women’s: $39.90
• Kids’: $19.90

UTs (UNIQLO T-Shirts):

• Men’s and Women’s: 2 or more for $9.90 each
• Kids’: 2 or more for $7.90 each

Finally, neighbor Kung Fu Tea will be offering your choice of one of the following beverages for free on opening day, and on September 2 (one per customer per day): Passion Fruit Green Tea, Kung Fu Milk Tea, or Winter Melon Green Tea.

“We look forward to opening our doors in Maryland for the first time, and introducing customers to UNIQLO’s exceptional service and innovative apparel designed to help your everyday life,” UNIQLO USA CEO Hiroshi Taki said in a statement yesterday.  “Pike & Rose offers a modern and convenient way to shop, work, and live, and we are excited to join the community in this shared mission on September 1st.”

This is UNIQLO's first Maryland location; it has existing stores in Tysons and at Union Station. UNIQLO is located at 11853 Grand Park Avenue.

51 Monroe St. part of Brookfield securitization move

Brookfield Property Partners has been criticized for carrying too much debt by some investment experts. The company also has office properties in moribund office markets like Montgomery County, also considered risky. Now BPP is placing several D.C. area properties into a $223.4 million securitization scheme through Morgan Stanley.

51 Monroe St., the tallest building in Rockville, is one of the office properties. Also in the securitization deal are One Central Plaza and 6110 Executive Boulevard, both located in Bethesda.

Whether the move will ease critics fears of risk is unclear, however. Some argue that such deals themselves magnify risk, and obscure the equity the owner holds in the properties in question. Such securities were one of several factors that led to the "Great Recession" a decade ago.

Fireside Park improvements to be review by Development Review Committee August 16

Proposed renovations and improvements to the Fireside Park Apartments will be reviewed this Thursday, August 16, 2018, by the Rockville Development Review Committee. The meeting will be held at 10:00 AM in the Black Eyed Susan Conference Room at City Hall. Improvements proposed include interior renovations, landscaping and ADA-compliance upgrades. The meeting is open to the public, but there is no opportunity for public comment.