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

According to recent renderings and plans submitted to the City of Gaithersburg, a new Chick-Fil-A restaurant is planned for 700 N. Frederick Avenue in Gaithersburg, MD at Progress Labs. Progress Labs is a 44-acre property that directly fronts I-270 at the Montgomery Village Avenue exit. and is located next door to the recently constructed 300,000 square foot FedEx Ground facility, just south of the new Watkins Mill Interchange.

Renderings of the restaurant can be seen below:

Per Matan Companies:

”This “high-barrier-to-entry” Montgomery County location serves over 6.2 million residents in the Washington D.C. MSA, making it an excellent headquarters, biotech / lab facility, or distribution location.

Construction on the project starts 8/1/2021.”