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When
it comes to housing choices, the New Silver Spring will soon be offering
a medley of homes that should play well with those who want to live,
work and play in one convenient location.
- The
Tower Companies
has developed new apartments called The
Blairs on Colesville Road. The company
also added new shops, a larger supermarket and updated the high-rise
Blair Plaza apartments as part of a $52 million remodeling.
- Silver Spring Square, LLC, a member of the JBG family of companies, is building the Silverton Condominium - 210 innovative condominiums, integrating the new with the historic at the Art Deco Canada Dry building.
- The JBG Companies are in the early development phases of Silver Spring Gateway, a 6-acre, mixed-use project that will include 460 apartment residences and over 20,000 square feet of retail.
- Foulger-Pratt
Development, Inc.
is building 230 luxury apartments next door to its headquarters
for the National Oceanographic and Atmospheric Administration, home
to 4,000 employees. This 12-story community is one block from Metrorail,
and will provide upper floor residents with a panorama of the new
downtown.
- New condominiums
are planned for East-West Highway, too, making those homeowners
next-door neighbors to Discovery’s Creative and Technology
Center. Two blocks to the south, 150 apartments are slated for the
Gramax Building by RST Developers, in a challenging transformation
of a former office building.
According
to real estate professionals, the nearby communities of Woodside, Sligo
Creek, Takoma Park and Washington’s 16th Street corridor are well
established and have long been popular. Couple those neighborhoods with
good schools and easy Beltway access and Silver Spring is a “can’t
miss” location. With a wide array of new retail, restaurant and
entertainment amenities, Silver Spring is perfectly positioned as a
new crossroads of commerce in the Washington, DC area.
(For
the latest update on housing, click here: What’s New)
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