City Bikes put out a press release about their move from Capitol Hill to Tenleytown (which was originally to be an expansion).
“We’ve loved doing business in such a locallyoriented community, and wish we could stay here for years to come...” says Saul Leiken, City Bikes’ General Manager. “Our lease is up at the end of March, and we had hoped to sign an extension to keep us in the space. Unfortunately, we were unable to come to terms on a new lease, and our landlord informed us earlier this week that we had to vacate the building by the end of the month."
City Bikes would have liked to continue serving the Capitol Hill community, however the timing of the lease term makes it impossible to relocate on the Hill. The shop will now move to its upcoming Tenleytown location, which was originally planned as an expansion of the City Bikes brand.
City Bikes was happy with their store on Capitol Hill and is interested in coming back, but such a move would take at least a year. They are not actively looking for a new site, though other news outlets are reporting that they are. They'll be announcing their new Tenleytown store today, and will be moving much of the inventory to that location. They have not ruled out a moving sale at the Capitol Hill store, but do not yet have plans for one. There will be a grand opening celebration and sale in Tenleytown, details to come later today.
Trying to think of where a bike store would make sense. One of the retail spaces in the JDLand area (which would place it near the Anacostia Riverwalk, but that's not really Capital Hill) or the new building on the Hine Middle School site perhaps. Somewhere along Pennsylvania Avenue? That building caddy-corner to International Graduate University? It all depends on the rent I suppose.
There are storefront retail spaces inside of Nationals Stadium that have never been occupied. I wonder if one of those could be had at a workable price.