The City of Gaithersburg issued a press release today stating that Federal Realty Investment Trust (FRIT) has approved approximately $6.6 million in property improvement expenditures for the Gaithersburg Square shopping center located at 524 North Frederick Avenue. The shopping center dates back to 1965.
The renovations are set to begin in 2021. They will include a brand new plaza area with outdoor dining and amenities, in addition to a more streamlined shopping experience.
To read the City of Gaithersburg’s official press release, please click here.
Image courtesy of the Federal Realty Investment Trust website.
Shop Maryland Tax-Free Week Starts Today (August 9-15)
Any single qualifying article of clothing or footwear priced $100 or less – regardless of how many items are purchased at the same time – will be exempt from the state’s six percent sales tax. The first $40 of any backpack purchase is also tax free.
“This is one of my favorite weeks of the year because it’s a win for shoppers and businesses, while jolting Maryland’s economy during the slow summer months,” said Comptroller Franchot.
“This year more than ever, it’s critical to shop local to support the small retailers who are going above and beyond to continue paying employees, creating a safe environment for customers and finding new ways to sell their products during a global pandemic.”
What does shopping look like during COVID-19? Different areas have taken unique approaches to keeping shoppers safe. Locations such as Rockville Town Square, Pike and Rose, and Bethesda Row offer curbside pickup for retail items, as well as food. Rio Lakefront and Downtown Silver Spring, in addition to curb-side pickup, are offering shopping by appointment only. This ensures that stores remain uncrowded and allows for social distancing. Customers are able to call stores that they wish to shop at and set up a time to visit. Masks are required.
Photo courtesy of Rio Lakefront Facebook.
By Lexi Shapiro