Construction of Cheltenham, a new apartment building at 4725 Cheltenham Drive in downtown Bethesda, is entering its fifth month. The project is already five stories above street level, and more than halfway toward topping out on the former Midas site next to CVS Pharmacy. There isn't an official website for the building yet, for leasing purposes, that I can find. No delivery date for the 102-unit building has been announced by developer Community Three, but the project was previously forecast to take about 18 months to complete.
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Wednesday, January 07, 2026
Bethesda construction update - Cheltenham apartments (Photos)
Construction of Cheltenham, a new apartment building at 4725 Cheltenham Drive in downtown Bethesda, is entering its fifth month. The project is already five stories above street level, and more than halfway toward topping out on the former Midas site next to CVS Pharmacy. There isn't an official website for the building yet, for leasing purposes, that I can find. No delivery date for the 102-unit building has been announced by developer Community Three, but the project was previously forecast to take about 18 months to complete.
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