Theme/Festival/Lifestyle

RIO Lakefront

RIO Lakefront is a 760,000 SF Theme/Festival/Lifestyle at 209 Boardwalk Place, Gaithersburg, MD, USA, owned by Peterson Companies, with 29 tenants including Dick's House of Sport, Target, and Kohl's. In the last 24 months it recorded 2 openings and 6 closings. The 10-minute drive-time population is 92,506 with a median household income of $117,545, according to Brandmarch.

Open-air·29 stores across 760,000 SF·209 Boardwalk Place, Gaithersburg, 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.

Opened
Dick's House of Sport2 Grand Corner Avenue
Opened ~May 2026
Closed
Dick's Sporting Goods2 Grand Corner Avenue
Closed ~Apr 2026
Coming soon
Dick's House of Sport2 Grand Corner Avenue
Coming soon ~Apr 2026

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Locations · Growth Trajectory

-4 net stores since Q4 2024

Shrinking tenants · 2 opens, 6 closes

About RIO Lakefront

Gaithersburg's premier lakefront shopping, dining, and entertainment destination located in the heart of Montgomery County, MD. This lifestyle-focused mixed-use center features a picturesque boardwalk, extensive retail and restaurant options, a movie theater (AMC Rio Cinemas), and recreational activities including paddle boats and climbing center.

Owners

Peterson Companies

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

29 brands across 19 categories

Restaurant - Casual
6 (20.7%)
Restaurant - Bakery/Desserts
4 (13.8%)
Restaurant - Fast Casual
2 (6.9%)
Restaurant - Coffee/Tea
2 (6.9%)
Communications
1 (3.4%)
Cosmetics + Beauty Supplies
1 (3.4%)
Department Store
1 (3.4%)
Food Retail (Non-Grocers)
1 (3.4%)
Hair
1 (3.4%)
Mass Merchant
1 (3.4%)
Misc. Health Supplies + Services
1 (3.4%)
Optical
1 (3.4%)
Restaurant - QSR/Fast Food
1 (3.4%)
Spa, Massage, + Esthetics
1 (3.4%)
Amusement
1 (3.4%)
Sports + Recreation
1 (3.4%)
Books
1 (3.4%)
Clothing - Family/Unisex
1 (3.4%)
Clothing - Womens
1 (3.4%)

All Tenants

Di
Dick's House of Sport
Sports + RecreationJun 2026
Target
Target
Mass MerchantN/A
Kohl's
Kohl's
Department StoreN/A
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