Federal Realty and Bethesda Row have announced the addition of two nationally recognized lifestyle brands, with ALO and Johnnie-O both set to open this spring.
Inspire Nail Bar is preparing to open a new location this March at the North Pointe shopping center along Flower Hill Way in Gaithersburg.
Last week, Montgomery County Executive Marc Elrich signed legislation authorizing up to $420 million in tax increment financing bonds to help finance Viva White Oak, a $2.7 billion investment featuring more than 3 million square feet of lab space, office/medical office, retail, and over 4,400 quality residences. The 280-acre site, which is located adjacent to the FDA headquarters and near Adventist HealthCare White Oak Medical Center, is expected to begin construction this fall.
“This is a project that has been discussed and planned for a long time, and now we are getting to the point where people will actually begin seeing it take shape,” said County Executive Elrich. “VIVA White Oak will bring thousands of homes, good jobs, restaurants, stores, and other amenities to an area of the County that has needed this level of investment for decades. We found a financing approach that allows us to build the infrastructure needed to make this development possible while using the new tax revenue generated by the project to repay the bonds. I appreciate the Council, our State partners, MCB, and especially the East County residents who kept pushing to get us to this point.”
Anchored by Costco and with a focus on innovation and research and development, Viva White Oak represents one of the largest development opportunities in Montgomery County in recent years. Once completed, the development is expected to generate $4.9 billion in annual economic output and give the County $21 million year in new revenue. Additionally, the new development is projected to generate 19,000 construction jobs and 9,000 permanent jobs.
“Viva White Oak demonstrates the County’s continued commitment to supporting growth and investment in Montgomery County,” said Jared Smith, President & CEO of the Montgomery County Economic Development Corporation (MCEDC). “The County’s first TIF gives us another important tool to compete for investment, attract businesses, and create jobs. Montgomery County has tremendous assets and opportunities, and using tools like this strategically will help us translate those strengths into long-term economic growth.”
Viva White Oak is expected to take place in two phases. In phase one, which is expected to be completed by 2031, it will deliver over 960 townhomes, 1,000 apartments, 470,000 square feet of retail space, a 175-room hotel with meeting space, up to 1,279 permanent on-site jobs, and 92,000 square feet of medical office space. Phase two, which will take place between 2033 and 2044, will deliver 1.3 million square feet of life sciences office and lab space, 400,000 square feet of Current Good Manufacturing Practice (cGMP) life sciences manufacturing, almost 2,500 additional housing units delivered, a 150-room hotel dedicated to supporting innovation, and over 3,800 permanent on-site jobs.
Viva White Oak represents the County’s first use of a TIF and follows a push by Montgomery County to remove barriers and create new opportunities for businesses to invest, grow, and create jobs. In July, the Montgomery County Council approved the Job Creation Project zoning initiative, which is expected to cut permitting time in half for development projects that are in Montgomery County’s key industries—including life sciences and technology— or are expected to create at least 200 local jobs, further showcasing the County’s commitment to powering economic growth in target industries.
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Montgomery County Fire and Rescue Service (MCFRS) crews responded Wednesday evening to a reported fire at a multi level residential building in Clarksburg.
The Town of Poolesville has declared a winter weather emergency in anticipation of substantial snowfall expected this weekend.
Blackbird Health has expanded into Maryland with a new pediatric mental health clinic in Gaithersburg, bringing additional behavioral health resources to children, teens, young adults, and families throughout Montgomery County.
Located at 555 Quince Orchard Road, Suite 250, the clinic offers comprehensive pediatric mental health services, including ADHD and autism evaluations, neuropsychological testing, therapy, psychiatry, and medication management.
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Music. Art. Food. Community. The Takoma Park Folk Festival brings it all together for one free, unforgettable day. Discover six stages of live music from around the world, shop an acclaimed juried craft show, enjoy international cuisine, connect with local community organizations, and let the kids explore crafts and activities in the Children's Nook. It's one of the region's most beloved traditions, and a celebration of the creativity, diversity, and welcoming spirit that has long defined Takoma Park.
New this year! Jam at the Crossroads is a place for musicians of all levels to come together and be part of the music.
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The community is raising support for the family of 15-year-old Tayeba Rezaie, who was killed in a vehicle collision on the morning of January 14 on Lockwood Drive.
Montgomery County Fire and Rescue Service (MCFRS) provided mutual aid to Prince George’s County Fire/EMS on Wednesday afternoon for a house fire in Laurel. (more…)
Snow is expected to blanket the region (DC, Maryland, and Virginia) on Sunday, with impacts likely to stretch into the start of next week, according to the latest thinking shared by NBC4 meteorologist Amelia Draper.
Governor Wes Moore has declared a State of Preparedness ahead of a winter weather system expected to bring accumulating snow and possible ice across parts of Maryland beginning Saturday afternoon and continuing into Sunday.
Montgomery County Councilmembers Will Jawando and Kristin Mink introduced two bills on Tuesday, January 20, addressing Immigration and Customs Enforcement (ICE) activity in the county and held a joint press conference with fellow councilmembers, community members, and advocacy organizations.
Detectives from the Montgomery County Department of Police – Special Victims Investigations Division are asking for the public’s assistance in locating Elkin Herrera, a missing 16-year-old. (more…)
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Sephora opened its new store on Bethesda Row at 7271 Woodmont Ave. earlier this month.