Perseus TDC announces it has acquired a five-story, 65,000-square-foot office building at 4405 East-West Highway in Bethesda, Maryland with plans to redevelop the site as a 10-story multifamily community with…
New Development
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Gaithersburg
Gaithersburg: Estimated Start of Construction on New Development at Gaithersburg S.C. (Where Bruster’s is Located)
by MCS StaffKIMCO Realty previously submitted Zoning Map Amendment application Z-8911-2021 and associated Concept Plan application SP-8910-2021, proposing to rezone 18501 North Frederick Avenue from C-2 (General Commercial) to CD (Corridor Development)…
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Lakeforest Mall
Lakeforest Mall Update: WRS Acquires 4 Anchor Sites Nearly 3 Years After Purchasing Core of Mall
WRS Inc., the real estate investment firm based out of South Carolina that purchased the “core” of Lakeforest Mall back in 2019, has purchased the mall’s four anchor sites, according…
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Gaithersburg
Gaithersburg: Update on Planned Stevenson-Metgrove Community Near Parklands
by MCS StaffCraftmark Homes has submitted Sketch Plan application proposing to construct a mixed residential community in Gaithersburg, near the Parklands residential community. The community would be a portion of the “Urban…
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BusinessGermantown
Germantown: Milestone Business Park Begins Transformation to ‘Milestone Innovation Park’
by MCS StaffBack in April 2021, Matan Companies announced plans to transform its Milestone Business Park in Germantown into a vibrant and collaborative life sciences destination known as Milestone Innovation Park. The…
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Gaithersburg
Gaithersburg: Construction Ongoing at Progress Labs Off of Exit 11 on I-270 (Photos and Video Rendering)
by MCS StaffConstruction 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…
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Construction is ongoing on the 7.24 acres located approximately 0.30 miles southwest of I-270, 1.5 miles from Little Bennett Regional Park and Clarksburg Town Center; and directly north of West…
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A 200,000-square foot building with a five-level parking garage containing up to 562 spaces is currently being constructed for Research and Development use off at 9810 Darnestown Rd next to the…
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Germantown
Construction of The Fairchild Apartments (Near IHOP, Señor Tequilas, etc.) Continues in Germantown
by MCS StaffConstruction continues at the Fairchild Property on Century Blvd in Germantown in the area surrounded by what is mainly comprised of one-story pad-site restaurant uses (IHOP, Red Robin, Señor Tequilas),…
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Hello Betty Restaurant Coming to Pike & Rose Hello Betty announced today via Instagram that they are planning to open in April. The seafood-focused restaurant aims to bring California beach,…