New Parklet Coming to Shopping Center on Richmond Highway

Construction starting on outdoor space at Mount Vernon Plaza this month 

Federal Realty  (NYSE: FRT) announced today plans to create a 3,200 square-foot parklet at Mount Vernon Plaza.

The project entails converting the outdoor dining space adjacent to Moe’s Southwest Grill and Limon Pollo a la Brasa into a parklet.  The new gathering space will feature a trellis, green space, porch swing benches and soma stones along with new café seating, lighting and landscaping.  Construction will begin in May and will be completed later this summer.

The concept of a parklet at Mount Vernon derived from discussions between Federal and The Southeast Fairfax Development Corporation (SFDC), a non-profit whose mission is to develop, implement and support projects designed to stimulate economic growth in the Richmond Highway corridor by working closely with business owners, developers and local residents.

“Federal Realty’s initiative to create a parklet is a significant contribution to our goal,” said Evan Kaufman, executive director, Southeast Fairfax Development Corporation.  “We look forward to see Federal apply their placemaking expertise to create an appealing outdoor space for this community.”

“We are a community partner committed to investing in the communities we serve,” said Deirdre Johnson, senior vice president, Federal Realty.  “This is an exciting opportunity for Federal to transform an underutilized area at Mount Vernon into a space where social connection is encouraged by offering our neighbors and visitors a place to gather and relax amidst the convenience of many dining, retail and service options.”

About Federal Realty 

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty’s mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty’s 104 properties include approximately 3,100 tenants, in 25 million square feet, and approximately 3,400 residential units.

Federal Realty has increased its quarterly dividends to its shareholders for 54 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit