Progress Labs at Progress Way in Gaithersburg, MD is a two-building approximately 495,000 SF development situated on 44 acres with I-270 visibility and access off of exit 11 Montgomery Village Avenue. Construction commenced at Progress Labs at 700 N. Frederick Avenue in Gaithersburg, MD back in October, and according to the video below (posted by Progress Labs on Monday, July 18th), is scheduled to be delivered in Q4 of 2022, which is ahead of schedule based on the schedule provided on its website, also seen below:
SCHEDULE
Commence Construction: 10/2021
Building 1 Early TI Start: 11/2022
Building 2 Early TI Start: 2/2023
Building 1 Base Building Substantial Completion: 1/2023
Building 2 Base Building Substantial Completion: 4/2023
The location is also going to be home to Montgomery County’s newest Chick Fil A, which will be the company’s second restaurant in the City of Gaithersburg. It will be located on the corner of Montgomery Village Avenue and 355, with the entrance into the development on N. Frederick Ave (355). Renderings available below.
The video below, from Monday, July 18th, shows the current progress of the development.
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What about the picture of the Sheetz on the other side of the property? I haven’t heard any info on that. Is that for real? It would be the first Sheetz in Montgomery County, I think.