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Rumor: Starbucks In Talks to Come to the Pike

starbucks_logo1Starbucks may be eying its first location on Columbia Pike.

Some residents have contacted ARLnow.com, asking about a rumor that Starbucks is planning to open in the former Society Fair space in Penrose Square. Such a location would put it in direct competition with Rappahannock Coffee, the independent coffee roaster and cafe that has been open across the street since 2001.

(Development has been proposed that would force Rappahannock to close or move, although there have been few signs lately of it moving forward.)

A source with knowledge of commercial real estate discussions on the Pike confirmed that Starbucks is at least scouting for a location there.

“I know that Starbucks has been looking for a location on the Pike,” the source told ARLnow.com. “Some of the region’s best agents have been involved and as of last week, some are saying that Starbucks is considering a deal.”

“Penrose is looking for a national brand tenant for the [Society Fair] space but so are others too,” like 3400 Pike and the Halstead,” the source continued. “We have been hearing about imminent deals since November but… nothing materialized.”

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