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Rotunda Faces Life After Giant

Development consultant says the Rotunda's owner plans to move forward with plans to reshape the shopping center.

Despite the setback of losing a key tenant,  Hekemian & Co., which owns the Rotunda, will push on with redevelopment plans.  

Al Barry, a development consultant who works with the real estate management and development company, said although there isn’t currently a date set, that Hekemian intend to hold a community meeting regarding the shopping center’s future.

Giant announced last week that it is moving its store from the Rotunda a few blocks down 41st Street to the site of a former andstore.

Barry said that Hekemian was aware that Giant had been negotiating to move the store for about two years, but was unaware that a deal had been reached for the store to move until it was

Chris Bell, the senior vice president of Hekemian, did not return multiple calls for comment on this story. 

The news was the latest set back for the Rotunda, which saw plans to it to become and outdoor shopping center with a residential component come to a halt because of the financial collapse.

“In many ways [Giant leaving] frees Hekemian up to go with their original development plans without a super market in the parking lot,” Barry said.  

But there was also some good news for the Rotunda last week. The owner of the told the he will build a fourth screen at the shopping center.

jorel.guire February 08, 2012 at 05:47 PM
Please help bring Trader Joe's to Rotunda!!!: http://www.traderjoes.com/about/location-requests-form.asp
Joyce Krause February 08, 2012 at 11:00 PM
I would like to see an affordable clothing store for men, women and children. I had lived here all the life. Now to buy clothes, I have to go to Baltimore County. I had been going out to Baltimore County to Walmart, Dollar Store, Mars. Sad!!!
ralahinn1 February 09, 2012 at 10:08 AM
I'd like to see a venue like "Dave and Buster's" come in.
Joe Schmigel February 13, 2012 at 05:21 PM
Great idea. We could use a good, inexpensive, but quality gym in the neighborhood, with yoga classes.
Joe Schmigel February 13, 2012 at 05:22 PM
Great idea. Or even a MOM's natural food store.

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