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Gen Z Entrepreneur Opens The Drop at National Harbor
Store evolves from social media and street sales only to bricks-and-mortar retail
NATIONAL HARBOR, Md., Feb. 8, 2023—Twenty-one year old Andy Ngo was successfully selling exclusive and limited athletic shoes, accessories and clothes through social media when he realized that National Harborhas become a haven for entrepreneurs trying new products and ideas. The property supports startups that have a following. He opened The Drop at 160 American Way in National Harbor.
The Drop buys, sells and trades Nike, Adidas and other brands. The store is 2,100 square feet and continues to attract customers through its Instagram offers and posts.
“We are so happy to have this creative, young entrepreneur and The Drop in our retail mix,” said Kimli Cross, vice president of leasing for Peterson Companies (owners and managers of National Harbor.) “The store caters mostly to our younger audience at National Harbor.”
National Harbor will celebrate 15 years this year and has a roster of new tenants. The property remains a popular location for retail and restaurants as well as offices and residential. No surprise with more than 2,500 current residents and traffic of 12 million annually.
Cross added, “Over the past 15 years, National Harbor has established itself as a major destination by carefully curating our tenant portfolio. It is our goal to further enrich the customer experience for our residents and visitors.”
For more information on National Harbor, visit www.NationalHarbor.com.
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About National Harbor
Situated on the banks of the historic Potomac River and just minutes from the nation’s capital, National Harbor is a waterfront resort destination unlike any other. National Harbor is home to eight hotels including two of Maryland’s Four Diamond rated hotels—Gaylord National Resort and Convention Center and MGM National Harbor. Also within National Harbor is Tanger Outlets’ 85 designer brands. The vibrant Waterfront District at National Harbor features boutique shops, restaurants and entertainment options along picturesque promenades as well as the iconic Capital Wheel, a 180-ft observation wheel and the Guide by Cell outdoor art gallery tour. National Harbor typically welcomes more than 12 million visitors a year. For more information, visit www.NationalHarbor.com.
About Peterson Companies
As one of the largest privately-owned real estate development companies in the DC region, Peterson Companies consistently delivers some of the area’s most exciting mixed-use retail, residential and commercial destinations. Over the past 55 years, Peterson has created such exceptional landmarks as National Harbor, Downtown Silver Spring, Fair Lakes, and Fairfax Corner. With a proven ability to move quickly on opportunities to reshape and enhance local communities, the company creates vibrant residential and business districts that benefit all who live and work in our region. For more information about the Peterson Companies, please visit www.petersoncos.com.