Gaithersburg: Construction Ongoing at Progress Labs Off of Exit 11 on I-270 (Photos and Video Rendering)

by MCS Staff
'

Construction commenced at Progress Labs at 700 N. Frederick Avenue in Gaithersburg, MD back in October. Progress Labs is a two-building approximately 495,000 SF development situated on 44 acres with prime I-270 visibility and access off of exit 11 Montgomery Village Avenue.

Included in the construction will be a new Chick Fil A location that we reported on back in October. The two main buildings included, seen in the image below, will total 495,000 sf.

 

BUILDING SIZES

Building 1: 247,500 SF

Building 2: 247,500 SF

TOTAL: 495,000 SF

 

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

'

You may also like

2 comments

Laura February 21, 2022 - 8:54 am

This will bring even more traffic into an already over congested area.

Reply
Craig Washington February 21, 2022 - 11:40 am

Great news all around; this will bring sorely needed jobs to Upcounty. Will this bring increased congestion to MV? Sure. But are local residents in Bethesda, certain parts of Rockville, Silver Spring or Tysons Corner fully complaining? Not really, because they recognize local jobs only have upsides to said areas: corporate tax revenue, spillover business demand (restaurants, gas stations, etc.) Heck, I’d love to see traffic backups on 270 NORTH in the MORNING towards exit 11. Here’s to 100% tenant capacity by completion. Best of luck, Progress Labs!

Reply

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy