740 Units + a Neighborhood Green: The Big Redevelopment Plans For a Rockville Shopping Center
✉️ Want to forward this article? Click here.
Big redevelopment plans are on the boards for a Rockville shopping center.
Kimco Realty has proposed a two-building, 740-unit residential project for Pike Center at 12101 Rockville Pike (map). Plans recently filed with Montgomery County call for the two-phase development to begin construction in the coming years.
The first phase would be a seven-level, 270-unit building with parking and 37,000 square feet of retail that could accommodate an anchor tenant. During this phase, a portion of the shopping center will remain, as well as the existing surface parking lot.
story continues below
loading...story continues above
The second phase is planned as a 16-story, 470-unit residential building with a parking garage, as well as a half-acre Neighborhood Green along Rockville Pike.
"Locating the Neighborhood Green on Rockville Pike creates the opportunity for activation by the future retail tenants and visibility from the passing vehicular, pedestrian, and bicycle traffic," the filing stated. "While designs have not been fully explored, we anticipate the space including a mix of passive and active areas such as movable seating and tables for use by any of the retail patrons or residents, shading elements, and a flexible lawn."
The timeline for this development is a rather long one. Kimco anticipates the first phase would begin in the next three to ten years with the second phase following a minimum of three years after the first phase delivers. The concept plan will go before Montgomery County's Development Review Committee in May.
See other articles related to: kimco realty, north bethesda, pike center, rockville, rockville apartments, rockville pike
This article originally published at https://dc.urbanturf.com/articles/blog/740_units__a_neighborhood_green_the_big_redevelopment_plans_for_a_rockville/20945.
Most Popular... This Week • Last 30 Days • Ever
Two and a half years after breaking ground, the massive project in the works for seve... read »
The differences between condo fees and co-op fees might seem small, but there are som... read »
As mortgage rates have more than doubled from their historic lows over the last coupl... read »
International migration was the driving force behind the rise in DC's population.... read »
For this week's rundown, UrbanTurf catches up on the latest news regarding developmen... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro