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Content about Red Line

October 21, 2011

With no opposition from residents, the development at 10914 Georgia Avenue won unanimous approval from the Montgomery County Planning Board Thursday.

The project will be the latest residential development from downtown Bethesda-based Washington Property Company, which is also building the residential high-rise at 1150 Ripley Street in downtown Silver Spring.

September 1, 2011

Rockville Town Center is continuing to take shape with a much needed office project breaking ground in Montgomery County's seat of operations.

Choice Hotels International (NYSE:CHH) will move 400 employees from 10750 Columbia Pike in Silver Spring to Rockville Metro Plaza II at 121 Rockville Pike, under a 15 year lease. The project is being developed, managed and owned by Foulger-Pratt.

August 12, 2015

Strayer University isn’t the only new lease at 1803 Research Boulevard, the landlord was able lure three additional tenants at the corporate office building being currently under renovations financed by Bethesda-based Eagle Bankcorp.

The entire first floor space of 1803 Research Boulevard has been snatched up by four new tenants. Each floor plate in the building is approximately 20,000 square feet.

June 1, 2012

Bethesda-based RLJ Lodging Trust (NYSE: RLJ) expanded its portfolio of hotel properties with the acquisition of the Residence Inn by Marriott Bethesda Hotel Downtown and the Courtyard New York Manhattan/Upper East Side.

Marriott Bethesda Hotel Downtown is located in the Bethesda central business district close to RLJ's corporate headquarters at 3 Bethesda Metro Center. The property has 187 guest-rooms and was purchased for $64.5 million or $345,000 per room-key.

November 11, 2011

The existing gas station at 7100 Wisconsin Avenue is expected to be demolished by 2012's end

Washington Property Company is moving forward with plans to redevelop a gas station purchased by the company and turn it into mid-rise luxury apartments.

The 0.58 acre site located at 7100 Wisconsin Avenue is on the southern end of the Bethesda central business district (CBD), the site is highly visible from Bethesda's main thoroughfare and will add to several residential projects already under construction or close to breaking ground within Bethesda's CBD.