Craftmark 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 Core” area of Watkins Mill Town Center consisting of approximately 3.54 acres located north of the CSX Railroad tracks and south of Exchange Avenue consisting of approximately 1.16 acres located north of the CSX Railroad tracks of Watkins Mill Town Center, and 0.05 acres on Exchange Avenue right of way between Parkview Avenue and its terminus containing approximately 0.81 acres of land. No changes are proposed to the balance of the Watkins Mill Town Center project, including the area developed as the Parklands residential community, which is not part of the Application.
The sketch plan proposes a maximum of 287 units, with a mix of townhouses and 2-over-2 stacked condominiums, and potentially triplexes depending on market conditions. Open space and amenities are included in the plan and the new development will have its own homeowner’s association.
There was a joint public hearing that took place on February 22, 2022, where City of Gaithersburg officials heard from developers and residents, which addressed concerns with the sketch plan approval. Anticipated recommendation by the planning committee is expected in April.
The timeline on the project depends on the city’s process. The sketch plan approval could be approved in the spring and site development plan and further approvals would take up to a year or so before construction would begin. Overall, a 2-5 year process is expected.