Monday, July 4, 2016
Senior housing proposed for former site of IBM building in Rockville
A 13-story, 120' tall building with 175 seniors-only apartment units is proposed, along with 47 garage parking spaces, a 15' sidewalk area along Monroe Place, and new public-use space adjacent to James Monroe Park, which is directly behind the property. No retail space is mentioned.
A public meeting is being held by the applicant on Monday, July 18, 2016, at 7:00 PM, in the 1st Floor meeting room at the Rockville Memorial Library at 21 Maryland Avenue. The applicant hopes to receive approval from the City by the end of next year, break ground in early 2018, and anticipates delivery in the summer of 2019.
In addition to the July meeting, a Development Review Committee meeting has already been tentatively scheduled for August 18 at 10:00 AM at City Hall.
The IDI Companies is not new to senior housing developments in Montgomery County. The Arlington-based firm has developed 7 multifamily senior housing projects at Leisure World in Silver Spring.