An office building at 7300 Pearl Street is for sale, and the seller is showing two potential redevelopment possibilities in the online property listing. One is not much larger than the current structure.
A second scenario shows a more modern office building, but only four stories tall.
But holding onto the property until the Montgomery County Council passes an updated Bethesda Downtown Master Plan could be profitable. The plan envisions a revitalization of the area, which it dubs the "Pearl District", and recommends higher density and mixed-use for most properties there.
This particular property is only 2.5 blocks from the Bethesda Metro station. Given the struggles of the new office building a block away at 4500 East-West Highway in Montgomery County's moribund economic development climate, one wouldn't be surprised if a developer would prefer mixed-use residential on this site.
Photos courtesy Jackson Prentice Real Estate Services, LLC
Bethesda news, restaurants, nightlife, events and openings, real estate, crime reports and more - the way only a lifelong Bethesda resident like Robert Dyer can bring it to you. Everything you want and need to know about Bethesda, plus special investigative reports you won't find anywhere else. The must-read blog for breaking Bethesda news, when you want to be the first to know.
Showing posts with label 7300 Pearl Street. Show all posts
Showing posts with label 7300 Pearl Street. Show all posts
Tuesday, September 29, 2015
Subscribe to:
Posts (Atom)



