WASHINGTON – April 5, 2012 – Douglas Development is excited to announce the additions of upscale retailer J.Crew and premier yoga and spinning studio, The Art of SpYn, to the company’s property at 950 F Street NW.   J.Crew is slated to open in August and The Art of SpYn is scheduled to open this spring.

J.Crew will occupy 3,044 square feet on the ground floor and 5,581 square feet on the lower level for a total
of 8,625 square feet in the Atlantic Building, which borders the historic Ford’s Theatre.  The Art of SpYn, the city’s first combined indoor cycling and yoga studio, will also occupy two levels of space for a total of 5,272 square feet and will feature two studios and a lifestyle retail boutique.  These new tenants will join high-end retailer Anthropologie in the building.

Norman Jemal, Principal and Vice President of Douglas Development, is thrilled for the continued growth and development of Washington’s Penn Quarter. “The arrival of J.Crew and The Art of SpYn are further proof of the transformation of Downtown DC into a retail destination.” Jemal continues, “J.Crew is one of America’s most recognized and iconic fashion brandstheir interest in locating here illustrates the critical mass that we are achieving in Downtown DC. I believe we will all look back 25 years from now and say that this deal with J.Crew is the catalyst that drove global retail, en masse, back to Downtown Washington.”  This will be J.Crew’s first location Downtown and their third in Washington, DC, and The Art of SpYn’s first.

J.Crew and The Art of SpYn will join other Douglas Development retail tenants in the city’s East End, including LivingSocial, the International Spy Museum, Anthropologie, H&M, Zara, Forever 21 and GUESS, along with Mike Isabella’s Graffiato, Matchbox Restaurant, Luke’s Lobster and Shake Shack.  Douglas Development’s commitment to improving neighborhoods and bringing valued brands to the District is unparalleled. Currently the largest private property owner in the area, Douglas Development attracts and pursues the most sought after tenants, including
luxury retailers and upscale restaurants. Douglas Development’s properties in the East End of Washington, DC have served as drivers for the continued growth of the area.  Today the East End is known as a destination for shopping, dining, and luxury condominiums in the District.