One of the most-coveted properties near the Bethesda Metro station has been purchased by developer Bainbridge.
The former gas station site at 7340 Wisconsin Avenue is near not one, but two entrances to the Bethesda Metro station. As such, one would expect the proposed building to be of the maximum allowable density.
We'll find out what Bainbridge has in mind, when Linowes and Blocher attorney Heather Dlhopolsky presents their plan for a mixed-use apartment building with ground floor retail at a Pre-Submittal Community Meeting, Tuesday, July 9, 7:00 PM, at the BCC Regional Services Center. The center is at 4805 Edgemoor Lane, near the Bethesda Metro Center.
Bainbridge quietly acquired the long-quiet 18,679 square foot property on May 9, 2013. The property has a current value assessment of $4,721,700. Bainbridge acquired the land as Bainbridge Wisconsin Avenue Apartments, LLC. According to real estate documents, the seller was the Exxon Mobil Foundation.
The developer has another luxury, mixed-use building now under construction in Bethesda, on St. Elmo Avenue.
Map image: Google Maps
Photo: Robert Dyer
Any idea how much it cost them?
ReplyDeleteStrangely, the amount was listed as $0 on the transaction. I thought price had to be public.
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