Silver Spring Joint Development Project

Address

8400 Colesville Road
Silver Spring, MD 20910

Location

  • Colesville Road, Wayne Avenue, and Ramsey Avenue, Silver Spring, MD
  • Slightly over two acres
  • Adjacent to the Silver Spring Transit Center, now under construction
  • 18 minutes to Metro Center


Silver Spring Joint Development Project

Click on the image to view full size.

Project

  • Office Building (approximately 200,000sf)
  • Hotel (approximately 150 rooms)
  • Apartment Building (approximately 176 apartments)
  • First floor retail space (approximately 10,000sf)

The proposed joint development project is part of Montgomery County’s vision of Silver Spring as one of the “downtown” centers of the County. Once completed, tenants and residents will be able to walk next door to the Silver Spring Transit Center and go anywhere in the region and beyond. The project has not yet been presented to the Montgomery County Planning Board, so the configuration and uses are estimated pending application and Planning Board approval, but the project is intended to have open space in the center connecting the four uses and the Transit Center with an attractive, walkable environment.

The joint development project is part way through the Metro developer selection process. The first step in the process is naming of the selected developer. Foulger Pratt/Urban Atlantic was so named in April 2001. The availability of land for joint development project is dependent upon the construction of the three level, Silver Spring Transit Center to free up land otherwise used for transit purposes. The joint development project was delayed for many years while funding was sought for the Transit Center. Since active construction of the Transit Center began in 2009, negotiation of a Master Development Agreement has resumed and is ongoing. No agreement is final, however, until the last required Metro Board approval becomes effective. The construction of private buildings on the site will depend upon the signing of the Master Development Agreement and improvement in general economic conditions.

Rendering showing the Silver Spring Transit Center (under construction) and three possible joint development buildings: a hotel at left fronting on Colesville Road, an office building (middle) fronting on Wayne Avenue, and a residential building (right) at the intersection of Ramsey Avenue and Bonifant Street


Metro Facilities

See Silver Spring Transit Center page

Metro Contact

Gary Malasky
Office of Station Area Planning and Asset Management
Washington Metropolitan Area Transit Authority
600 5th Street, NW
Washington, DC 20001
202-962-1504
gmalasky@wmata.com

 

 

 

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