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Posted at 4:15 PM ET, 12/ 9/2009

Costco is coming to the District

By Washington Post editors

Costco has reached an agreement to open a store in the planned Fort Lincoln development, a major boost to a project that has been stalled by the sluggish economy.

By the end of the week, D.C. Council member Kwame Brown (D-At Large) said Target may also have finalized plans to move into the proposed 375,000-square-foot shopping center.

In 2005, the D.C. Council approved a $10 million loan for the Washington Gateway shopping center. The project is just inside the District line, bound by New York, South Dakota and Eastern avenues.

More details, click here.

-- Tim Craig

By Washington Post editors  | December 9, 2009; 4:15 PM ET
 
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