Community/Large Neighborhood

Festival at Riva (Annapolis, MD)

Festival at Riva (Annapolis, MD) is a 299,921 SF Community/Large Neighborhood at 2323 Forest Drive, Annapolis, MD, USA, owned by Rappaport, with 34 tenants including T.J. Maxx, Michaels, and Chuck E. Cheese's. In the last 24 months it recorded 2 openings and 3 closings. The 10-minute drive-time population is 33,625 with a median household income of $112,980, according to Brandmarch.

Open-air·34 stores across 299,921 SF·2323 Forest Drive, Annapolis, MD, USA·Website

Recent Activity in Last 24 months

Dates shown here are when each event was detected. Actual event may have occurred up to 30 days earlier. Next digest sends Sunday.

Closed
Firehouse Subs2317 Forest Drive
Closed ~Jul 2026
Opened
The Paper Store2325 H Forest Drive · Uncharted
Opened Q2 2026
Coming soon
The Paper Store2325 H Forest Drive · Uncharted
Coming soon Q1 2026

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Locations · Growth Trajectory

-1 net stores since Q4 2024

Shrinking tenants · 2 opens, 3 closes

About Festival at Riva (Annapolis, MD)

Festival at Riva is a community shopping center located at the corner of Riva Road and Forest Drive in Annapolis, Maryland, comprising approximately 300,000 square feet. Originally developed in the 1980s, the center underwent a comprehensive $13 million renovation completed in 2017 that modernized its facades, signage, and common areas. The property features convenient access to major routes and serves as a regional retail destination with diverse shopping and dining options.

Owners

Rappaport

Demographics

Property Report

A ready-to-share PDF covering the market and similar centers nearby, trade area demographics and segments, key tenants and brand mix, recent openings and closings with nearby activity, and leasing contacts. Add a comparison to include a page against a brand or another property.

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News

Tenant Mix by Category

34 brands across 22 categories

Restaurant - Fast Casual
5 (14.7%)
Spa, Massage, + Esthetics
3 (8.8%)
Restaurant - Casual
3 (8.8%)
Clothing - Family/Unisex
2 (5.9%)
Footwear
2 (5.9%)
Physical Therapy + Rehabilitation
2 (5.9%)
Hair
2 (5.9%)
Gyms + Fitness Facilities
1 (2.9%)
Mattress Store
1 (2.9%)
Optical
1 (2.9%)
Pet Health + Care
1 (2.9%)
Pet Stores + Supplies
1 (2.9%)
Restaurant - Juice Bars
1 (2.9%)
Restaurant - QSR/Fast Food
1 (2.9%)
Banks + Financial Services
1 (2.9%)
Vitamins, Nutrition, and Supplements
1 (2.9%)
Clothing - Mens
1 (2.9%)
Communications
1 (2.9%)
Crafts, Toys, and Hobbies
1 (2.9%)
Dental
1 (2.9%)
Discount Stores
1 (2.9%)
Gifts
1 (2.9%)

All Tenants

T.J. Maxx
T.J. Maxx
Clothing - Family/UnisexN/A
Michaels
Michaels
Crafts, Toys, and HobbiesN/A
Chuck E. Cheese's
Chuck E. Cheese's
Restaurant - CasualN/A
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