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Hyattsville Business

Wednesday, January 9, 2013

TESST Building Bought By Developers

Streetsense hopes to rent building space to commercial, office tenants.

The iconic but currently vacant TESST building in downtown Hyattsville could see new life in the near future. Streetsense, the Bethesda-based real-estate planning and development firm has recently acquired the property and plans on eventually renting it out to commercial tenants.  According to Marc Ratner, CEO of Streetsense, Hyattsville's downtown Route 1 corridor is fertile ground for redevelopment. Recent work to renovate existing city parking lots, expand on-street parking, and plans to construct a new parking facility along Route 1 are attracting attention among developers. "All of those things are very positive in terms of spurring additional development," said Ratner in an interview. "We remain extremely interested in wanting to …

In this Article:

Route 1 Parking Options Set to Expand Soon (in Hyattsville Patch), Route 1 Parking Meters to Go Live This Week (in Hyattsville Patch), City Seeks Eminent Domain Judgment to Build Parking Garage (in Hyattsville Patch), and 3 more ›

Adelphi Sky

12:30 pm on Thursday, January 10, 2013

I would hope for retail. Something unique to the area of course. But if I bet money, I'd guess a restaurant would take the bottom floor.   more ›

Tuesday, January 8, 2013

Hyattsville Yarn Store Closing Down

After six years in business, A Tangled Skein to begin liquidation sale this week.

In the face of an increasingly difficult retail environment, the owners of A Tangled Skein, the downtown Hyattsville boutique yarn shop, are closing up shop after six years in business.  The store, co-owned by longtime friends Larry Paulson and Cheryl Hoffman, stocked a wide variety of yarns at a range of prices to cater to the Hyattsville region's legion of knitting and crochet enthusiasts. In an interview, both framed the decision to close the shop as one motivated by a desire to move on to a new stage in their careers. But Paulson, who did much of the accounting for the business, admitted that competition from internet and big-box retailers was dragging down the bottom line.  "When we opened up, the closest yarn stores were in Columbia …

In this Article:

A Tangled Skein (in Hyattsville Patch), Bevvy of Beauty: Hyattsville Yarn Shop Offers Knitting Needs, Classes and Inviting Atmosphere (in Hyattsville Patch), Knitting Workshop at Tangled Skein (in Hyattsville Patch), and 4 more ›

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