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114,995 SF development site located in the heart of Bethesda, MD. The site has a variety of uses and configurations possible through the Montgomery County entitlement process. Ownership is currently envisioning a three-building development featuring 343 multi-family units with 12,845 SF of retail (Building A), a 194-unit multi-family or active adult community (Building B), and across the street, a 59-unit boutique residential community with 1,775 SF of retail (Building C). The development will provide permanently unobstructed views to the South and East and will benefit from cost savings due to limited excavation and primarily above-grade parking.
PREMIER PROJECT & TIMELINE
- Site provides opportunity to capitalize on large-scale cost and operating efficiencies
- Rare Bethesda development opportunity set to deliver with minimal supply
- Bethesda’s Live-Work-Play Environment Exceptionally High Barriers to Entry
- Bethesda Row and Woodmont Triangle: More than 220 premier retailers
EXCEPTIONAL RENTER DEMOGRAPHICS
- $228K AHHI 2.6% Annual Population Growth
- 84% Bachelor’s Degree or Higher