Bill Miller on What Downtown Grocery Needs
In the news · Bisnow · February 17, 2025
More residents can help downtown retail. A grocery store still has to work as a business.
Bisnow spoke with Bill Miller of MILLER WALKER Retail Real Estate about the effort to attract a grocery store to downtown Washington as residential conversions take shape.
The economics behind the location
Bill’s comments focused on the operating reality: grocery margins are thin, and a store needs enough sustained customer demand to succeed. Rent incentives can help, but they do not replace a dependable customer base. The article connects downtown’s residential growth with the practical requirements of everyday retail.
Read the original reporting: Bisnow, February 17, 2025, by Emily Wishingrad. This is a dated media mention, not a current inventory or market-status report.