Frager’s Signs Deal to Return to Former Location Along With 40 Condos
Frager’s Hardware has signed a deal to return to its former property on Pennsylvania Avenue SE.
The beloved Capitol Hill store will return to 1111 Pennsylvania Ave. SE as part of a development that will include 40 to 50 condos, Urban Turf reported earlier today.
Frager’s and Perseus Realty agreed to a 25 year lease for the store at the location, according to Urban Turf. The site also reports that the development will include two other retail spaces that have not been filled.
A representative from Frager’s did not have any additional details on the agreement or when the store expects to relocate.
This location has remained empty since a fire devastated the property in June 2013. Since the fire, Frager’s has spread its business across four Capitol Hill locations, including 1323 E St., 1115 Pennsylvania Ave., 1129 Pennsylvania Ave. and 1230 Pennsylvania Ave. SE.
Frager’s has been in talks with Perseus Realty to redevelop the original location since August. Prior to that, a deal with Roadside Development to rebuild the store fell through.