Thursday, November 5, 2015

3 new buildings proposed in office park across from King Farm in Rockville (Photos)

First Potomac Realty Trust has made a pre-application submittal with the City of Rockville proposing to add two new office buildings, and a café pavilion with open space for employees, at the Redland Corporate Center. The office park is located directly across Gaither Road from King Farm, at 520-540 Gaither Road.
This neighborhood is directly
across from the office park
After adding these structures over a 3-phase construction schedule, the property will hold 800,000 SF of office space, and a maximum of 3,000 SF of restaurant space (including the existing buildings already on the site). The two 11-story buildings will be built atop 267 surface parking spaces that are there today, and replace those with 1342 structured parking spaces.
Site plan
(click to enlarge)
FPRT says the additions will help the office park be more competitive in the weak Montgomery County office market, by adding the types of building designs, features and amenities employers want today.

The calendar for the full build-out is not known, as the application notes the construction will be based on market conditions. A Development Review Committee meeting on the project is currently scheduled for December 3.

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