Lakeforest Mall closed on March 31, 2023, after nearly 45 years in Gaithersburg. (more…)
Lakeforest Mall
With the Lakeforest schematic development plan approved earlier this month, WRS, Inc. is ready to move forward with retail and restaurants and has tabbed Heritage Partners to handle the commercial side of things. While we don’t have any specific names yet, we can let you know a general version of what to expect based on the plans.
The Gaithersburg Mayor and City Council approved on Thursday evening the plan for the redevelopment of the site that was the longtime home of Lakeforest Mall. Jud Ashman wrote on Friday that “Last night was a pretty historic one for the City of Gaithersburg. We voted to approve a redevelopment plan for the Lakeforest property.”
The Mayor and City Council and Planning Commission conducted a Joint Public Hearing on June 17, 2024 on the redevelopment of the Lakeforest Mall property by WRS, Inc. followed by a Joint Work Session with the Mayor and City Council and Planning Commission that was held on July 8, 2024. Video of the meeting can be seen below. followed by renderings of what is proposed for the area.
A Joint Work Session between WRS, Inc., the Mayor and City Council, and Planning Commission has been scheduled for Monday, July 8, 2024 at 7:30pm for the redevelopment of Lakeforest. The Joint Work Session will be held in the City Council Chambers at 16 South Summit Avenue. WRS has shared some information regarding questions they’ll be addressing at the work session next week (additional renderings below):
The Mayor and City Council and Planning Commission conducted a Joint Public Hearing on the redevelopment of Lakeforest Mall on June 17, 2024. Video of the meeting can be found here (includes WRS presentation). Joint work sessions and final action meetings have been set. Additional renderings available below, courtesy of WRS, Inc.
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We recently received a few updates renderings (subject to change) for the proposed redevelopment of the existing Lakeforest Mall property in Gaithersburg. They can be seen below.
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Updated renderings here.
WRS, Inc. submitted a Schematic Development Plan application SDP-9736-2024 proposing to redevelop the existing Lakeforest Mall property with 1,600 residential units, 750,000 square feet of employment uses, 250,000 square feet of large format retail, and 220,000 square feet of commercial uses. A Joint Public Hearing with the Mayor and City Council and Planning Commission has been scheduled for Monday, June 17, 2024 at 7:30 P.M. The joint public hearing will be held in the City Council Chambers at 31 South Summit Avenue.
The Jolly Shows Carnival will be at the Lakeforest Mall parking lot (701 Russell Ave) in Gaithersburg from Wednesday, May 15 until Monday, May 27. Lakeforest Mall officially closed on March 31, 2023.
Earlier this month, WRS, Inc. submitted its Schematic Development Plan application SDP-9736-2024 proposing to redevelop the existing Lakeforest Mall property with 1,600 residential units, 750,000 square feet of employment uses, 250,000 square feet of large format retail, and 220,000 square feet of commercial uses. WRS hired real estate consultant RCLCO to conduct an independent market analysis, which was released this past week.
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WRS, Inc. has submitted Schematic Development Plan application SDP-9736-2024 proposing to redevelop the existing Lakeforest Mall property with 1,600 residential units, 750,000 square feet of employment uses, 250,000 square feet of large format retail, and 220,000 square feet of commercial uses, per the City of Gaithersburg website.