Matan Companies broke ground on the latest addition to its commercial development on the former Leidos site at the corner of MD 355 and Montgomery Village Avenue in Gaithersburg today. Construction will now commence on a 10175-square-foot strip mall at 715 Progress Way. It will join two fully-leased 198,000-square-foot Class A buildings, also developed by Matan Companies, whose tenants include AstraZeneca, Montgomery County Public Schools (MCPS), and Daikin Comfort Technologies Distribution, Inc., and two pad sites occupied by Chick-fil-A and Sheetz. The latter two have drawn tremendous traffic to the property, and corporate officials at Sheetz have publicly expressed their satisfaction with the success of their first Montgomery County location here.
Three pad sites remain available, along with the inline spaces available in the future strip mall. "We’re excited to continue expanding this dynamic destination in Gaithersburg," said James Matan, Director of Leasing for the Matan Companies, said in a statement this morning. "With strong existing traffic generated by Chick-fil-A and Sheetz, along with excellent accessibility, this site offers an ideal opportunity for retailers."
Before Leidos, that entire corner was occupied by the very large Washington-area headquarters of IBM Federal Systems. Full of highly-educated, high-paying jobs. Now replaced by a convenience-store....
ReplyDeleteWas that the 182 building, with the big atrium?
DeleteI worked there way back when the Washington Systems Center was there. My office had a window to the atrium. It was a nice place to work.
Well, my earlier comment went nowhere.
DeleteSo, was that the 182 building where IBM had the Washington System Center? The building had an atrium, and parking area just to the north.
That was a beautiful building! I had a little office with a window to the atrium.
Shame how much Gaithersburg has deteriorated to be celebrating economic development wins as a fedex facility, sheetz and a chick fil a in a area that should be high density development.
ReplyDeleteMontgomery Village was conceived and built to house the educated, white-collar employees of ComSat, Fairchild Aircraft, IBM, AEC, NBS, Bechtel and Kodak. MoCo government forced developer Kettler Bros. to add large numbers of rental units to the mix. White-collar jobs have disappeared leaving mostly transient occupants in the rentals. Hence, the demise of Montgomery Village.
ReplyDelete