Saturday, December 31, 2011
Beginning in a few weeks, two surface parking lots in Bethesda (known as Lots 31 and 31A), located at the intersection of Woodmont and Bethesda avenues, will close for about 30 months for the construction of a public-private partnership project that will more than triple the number of public parking spaces available on the site. One to two months after the project begins, Woodmont Avenue between Bethesda Avenue and Leland Street will also close for about 20 months. The adjacent Capital Crescent Trail will remain open during the entire construction project.
Working with Montgomery County since 2005, real estate developers StonebridgeCarras and PN Hoffman announced that they have formed a joint venture with Northwestern Mutual to develop the mixed-use project that will 250 residential units and 40,000 square feet of street retail above a public parking garage that will accommodate about 950 cars.
Residential components of the development include The Darcy, an 88-unit condominium building, and The Flats, a 162-unit apartment building.
For more information on parking alternatives while the project is under construction, see the County’s press release or visit the Division of Parking Management's website.
POSTED AT: 4:00:00 AM