Showing posts with label office space. Show all posts
Showing posts with label office space. Show all posts

Tuesday, May 24, 2022

7500 Old Georgetown renovations update (Photos)


A massive exterior and interior renovation project continues at the Clark Building at 7500 Old Georgetown Road at the Bethesda Metro Center. It is being rebranded as 7500 Old Georgetown.


7500's facade has a brighter, two-tone paint scheme, and the ground floor entrance is being completely overhauled to create an "activated lobby experience." Updates include a Metro level tenant lounge, a new fitness center, and a penthouse-level conference center and lounge. A new exterior plaza and landscaping will round out the changes. 


The $24 million renovation is anticipated to be completed this fall. Clark Enterprises sold the building to Stonebridge in 2019. Stonebridge has leased the building to Transwestern, which is now marketing the many available suites at the property to prospective tenants.







Sunday, June 02, 2019

Bethesda construction update: Avocet Tower (Video+Photos)

Developer StonebridgeCarras broke ground this past week on their Avocet Tower office building project at the corner of Wisconsin Avenue and Montgomery Avenue, formerly the site of the 2nd District Montgomery County police station. It will be interesting to see if they can succeed where all other new Class A buildings have failed so far - none have been able to attract a major corporate headquarters. No major corporate HQ has relocated to Montgomery County in over twenty years.



Wednesday, March 06, 2019

Construction underway on new Pike & Rose office building

Construction has begun on a new Class A office building at Pike & Rose, known as 909 Rose Avenue. Although the office market in moribund Montgomery County is weak, with no major corporate headquarters locating here in two decades, property owner Federal Realty is making a similar move to rival JBG Smith - moving their own headquarters from up Rockville Pike into this building, just as JBG will relocate its Chevy Chase HQ to 4747 Bethesda Avenue.

Federal is marketing the rest of the available space in 909 Rose with an emphasis on the amenities found in the Pike & Rose development, which now boasts arguably the best one-stop dining collection in Montgomery County. And the AMP concert venue and iPic Theater. The building itself will have a rooftop lounge and outdoor deck. Federal Realty is also promoting the idea that, with its HQ on-premises, tenants will have a better experience compared to a "remote landlord."

Tuesday, October 16, 2018

Bethesda construction update: 4747 Bethesda Avenue (Photos)

JBG Smith's Class A office building 4747 Bethesda Avenue is beginning to round into shape with glass pane installation. The structure looms over its accompanying two-story retail space next door, but itself will be dwarfed by Carr Properties' twin towers at 7272 Wisconsin Avenue.










Wednesday, August 22, 2018

BurgerFi, The Offices at Pike & Rose post coming soon signage

More signs of the future are popping up at Pike & Rose. BurgerFi, the gourmet burger chain that uses 100% Angus beef, has posted coming soon signage on its construction wall along Grand Park Avenue. Developer Federal Realty is also beginning to market leasing space at 909 Rose, branded as The Offices at Pike & Rose. Also coming in Phase 3 are 900, 910 and 915 Meeting Street.

Wednesday, August 15, 2018

Two Bethesda office buildings part of Brookfield securitization deal

Brookfield Property Partners has been criticized for carrying too much debt by some investment experts. The company also has office properties in moribund office markets like Montgomery County, also considered risky. Now BPP is placing several D.C. area properties into a $223.4 million securitization scheme through Morgan Stanley.

One Central Plaza and 6110 Executive Boulevard, both located in Bethesda, are part of the deal, as is 51 Monroe St. in Rockville.

Whether the move will ease critics fears of risk is unclear, however. Some argue that such deals themselves magnify risk, and obscure the equity the owner holds in the properties in question. Such securities were one of several factors that led to the "Great Recession" a decade ago.

Tuesday, August 07, 2018

Banners tout The Wilson office tower at 7272 Wisconsin Avenue

Carr Properties has officially branded its forthcoming office tower at 7272 Wisconsin as "The Wilson," inspired by the historic Wilson Store (a.k.a. Community Paint and Hardware) that once stood on the site. Rumor has it that the sister residential tower at the development will be called, "The Elm," in an obvious nod to Elm Street, which runs alongside the property.

The developer has now posted banners marketing The Wilson around the very active construction site. A website is listed, however, it is not yet online as of this writing.




Friday, July 06, 2018

Make-A-Wish Foundation Mid-Atlantic headquarters suite goes on the market in Bethesda

I noticed the prominent Make-A-Wish Foundation sign high up on the Kenwood Professional Building at 5272 River Road had been removed from the building. As of this writing, Make-A-Wish Mid-Atlantic, Inc. is still a tenant of the building, but their current home - Suite 700 - is now listed as available for lease on August 1, 2018.
Make-A-Wish logo has been ripped off
the building's facade
Either Make-A-Wish is downsizing to a smaller suite, or they must be relocating their headquarters. I have made an inquiry with the organization, and will provide an update as soon as I receive a response regarding their plans. Regardless, their current top-floor 9107 SF space is now available to another potential corporate tenant. The building underwent an extensive renovation of common areas, elevators and exterior paint only a year ago.

Thursday, July 05, 2018

Launch Workplaces to open August 1 in Bethesda

Launch Workplaces, a coworking space also offering services for small businesses, will open August 1 in Bethesda. While there are several coworking spaces already in town, what's notable about Launch is that they've chosen a suburban location at the Shops at Sumner Place.

Construction has been underway on the large, second floor space for most of 2018. When completed, Launch's workspace will feature large windows with plenty of natural light, and a quieter, greener setting than downtown - with the added perks of free WiFi and free parking. Good luck finding the latter in downtown Bethesda. There are also several good restaurants in the same shopping center, as well as takeout lunch options from Safeway and Bethesda Market.

To get a sneak preview, and enjoy light appetizers and cocktails, RSVP for the Launch open house on Tuesday, July 24, 2018 from 4:00-7:00 PM. Launch is already leasing spaces, and will be located at 4701 Sangamore Road, Suite 100N.

Friday, March 30, 2018

Developers unveil plans for Sunoco station property in downtown Bethesda (Photos)

Developers Donohoe and StonebridgeCarras unveiled redevelopment plans for the current site of a Sunoco gas station and car wash at 8280 Wisconsin Avenue at a public meeting last night in Bethesda. However, few specific details emerged, and no fully-developed renderings are available at this stage. The building was depicted as a simplistic cube. EwingCole will handle the eventual architectural design of the building, and the ubiquitous VIKA will be the engineering firm.
View of the building from two
blocks north on MD 355
Under the proposal's sketch plan, which the applicants' attorney Bob Dalrymple said would be submitted to Montgomery County within the next week, the Sunoco would be replaced with a 144' commercial office building. There would be two levels of garage parking, and no vehicular access from Wisconsin Avenue.
Sketch Plan
While the office market in moribund Montgomery County has been weak, the applicants say they have some advanced interest in this project from more than one potential office tenant. They - understandably - could not reveal those interested parties at last night's meeting, adding to the suspense and speculation. However, they did say that those parties' timeframes for occupancy line up perfectly with the expected timeline for delivery of 8280 Wisconsin.
One other point covered that has been the subject of speculation - the enticing potential to assemble a much-larger building site at this location. Donohoe already owns the Bethesda Medical Building adjacent to this parcel, and the Monocle Building directly behind the Sunoco has been on the market for a while now. Neither will be part of this project however. Asked if they had attempted to acquire the Monocle Building, the response was, "No comment."

Going forward, the project's sketch plan is expected to be reviewed by the Planning Board for approval in July. Site Plan and Preliminary Plan review could then occur in the fall. Groundbreaking for the building would not occur until Fall 2019, with delivery expected in the summer of 2021.

Monday, July 18, 2016

Asbestos removal to begin at doomed Bethesda office building today

Asbestos removal is scheduled to begin today at 4733 Bethesda Avenue, an office building slated to be torn down to make way for a more modern one. The asbestos project will continue through November, according to a State of Maryland document.

The demolition of of 4733 Bethesda Avenue is part of a major redevelopment project on that block by property owner The JBG Companies. In addition to a renovation at JBG's Artery Plaza building next door at 7200 Wisconsin Avenue, which included a new entrance and demolition of an arch at the future World of Beer restaurant, a two-story retail/restaurant building with rooftop dining feature will be part of the 14-story 4747 Bethesda Avenue office tower. Construction of that smaller building is nearing completion now.
4747 Bethesda Avenue
(Courtesy JBG/Shalom Baranes Associates)
4733 Bethesda will likely be the tallest structure to be demolished in the history of Bethesda, by my recollection. If you recall a taller one, you can post it in the comments below.

The new office building will have 280,000 SF of office space, and 7000 SF of retail. Shalom Baranes Associates is the architecture firm. Given that Shalom Baranes is also designing the redevelopment of 7272 Wisconsin Avenue adjacent to this, there's a real opportunity for a cohesive reimagining of a major portion of this square block.

Sunday, October 18, 2015

New entrance at Artery Plaza unveiled in Bethesda (Photos)

The new entrance to Artery Plaza at 7200 Wisconsin Avenue in downtown Bethesda has been unveiled. Part of major renovations at the office building owned by The JBG Companies, the work was performed by HITT Contracting, beginning early this past summer.

This is also part of a block-long revamp of JBG properties between Wisconsin and Woodmont Avenues, along Bethesda Avenue. JBG is attempting to reposition the building to be more attractive to tenants in a weak office space market, created by Montgomery County's moribund economic development climate. County elected officials have failed to attract a single major corporate headquarters to relocate here in over a decade.

JBG has been successful in getting one desirable restaurant tenant, a new location of the popular Fish Taco, and is still working on drawing another one to a second retail space in the building.

Wednesday, September 02, 2015

School rage at Rock Spring planning meeting in Bethesda (Photos)

"I'm regretting my decision to
move here five years ago"

Montgomery County planners proposing more residential and retail development in the Rock Spring area of Bethesda encountered strong resistance from residents concerned about overcrowded schools last night at Walter Johnson High School. With the area facing a potential addition of thousands of new residents, and residents cynical from past promises-not-kept by elected officials, parents said they wanted to hear detailed plans for increasing school capacity.

But planners had no such answers ready, leading to a virtually-unprecedented intervention by the chair of the County Planning Board in the meeting, and leaving one new resident wondering aloud if she had made a mistake in moving to Bethesda.


In the words of one resident, planners pushing for dense, urban redevelopment of suburban office parks in Rock Spring are doing something "the community is not inviting you to do." After delivering a not-entirely-accurate summary of the current real estate and economic development profile of Rock Spring - largely drawn from a biased, taxpayer-funded study I discredited months ago - planning staff opened the floor to questions.


Residents summed up their top concern in 3 words: schools, schools and schools.

"We want space in our schools, and that's not a selfish thing - it's for our children," one said. Paula Bienenfeld, president of the Montgomery County Civic Federation, recalled Montgomery County Public Schools Director of Planning Bruce Crispell's conclusion that White Flint would need a new elementary school. But "the [County] Council kicked the can on that one, and that's why we're concerned" about Rock Spring, she said.

Planners promised MCPS will be part of the discussion, which will include a special meeting dedicated to the topic of schools. That meeting will be held September 17 at 7:00 PM at Walter Johnson HS. That didn't lessen concerns from residents who were convinced their feedback would again fall on deaf ears.
Newsworthy - NBC4's
Jackie Bensen interviews
a resident at the
meeting
"You're going to meet with the schools, but you don't have a school plan," one pointed out. "We don't have faith in our elected officials," another said, "because our experience is, it doesn't get done." "It's a little bit of a trust issue," said a third. "I have some doubt."

Planners struggled to respond, at one point arguing of schools in the Walter Johnson cluster that "some are not overcrowded." The crowd was incredulous at that assertion, with one person shouting, "Wrong!" emphatically.

A Stratton Woods resident questioned why the proposed Toll Brothers residential development at the nearby WMAL transmitter site wasn't being considered in the study. There should be coordination between this plan and that potential major student generator, she argued, but "apparently there ain't none." "That's on the other side of Democracy Boulevard," a planner responded, evoking chortles of exasperation from the crowd. "Please," one resident said loudly in disbelief at the planner's reasoning.

Pointing to a list of planning staff assigned to the Rock Spring plan update, one attendee asked, "Who on that list is dedicated to ensuring there are schools?" "Everybody," a planner replied. "Everybody," the questioner repeated. "So you mean, 'nobody,'" she added. "What part of the problem is," she continued, "is to realize [this discussion] was the first mention of schools in this presentation. It just feels that it's separate and apart from the rest of the process," she concluded to vigorous applause.

One resident had heard enough. An NIH employee, she said, "I moved to this area to send my child to Ashburton [Elementary School]. I keep hearing about the new development being approved. I'm [now] regretting my decision to move here five years ago, and wondering if I should be moving out."

School overcrowding should be addressed before development is allowed, another resident said, but "It's not. It's just not." "We can't take responsibility for everything that's happened up to this point," a planner told the crowd - despite his department being in charge of every development plan passed in the county. 

"There's a whole bunch of stuff in the tool box," a planner assured the crowd hopefully. Some attendees said they were still waiting to hear about these supposed tools from Councilmember Roger Berliner, who held a summit on infrastructure and development earlier this year. Berliner was not at last night's meeting.

Residents weren't buying the answers, such as they were, that were available last night. "We're not going to say we have the answers," one planner told the crowd. "We don't."

"Does anybody on the Planning Board actually have kids in the [school] system?" one resident shouted.

Planning Board Chair Casey Anderson rushed from the back of the room, and proceeded to hijack the meeting with an extended speech that was not on the official program for the evening. This was inappropriate for several reasons.

First, this is a meeting for planning staff to receive feedback from residents. It is not a Planning Board meeting. The Planning Board will receive a staff draft from planners in the future, and will have virtually unlimited time to opine and debate its merits at that juncture. Anderson's move was akin to a U.S. Senate debate being interrupted, and taken over, by the Chief Justice of the Supreme Court. Was the crowd getting the best of the back-and-forth with planners? Absolutely. Was Anderson annoyed by that outcome, as he and some others on the board were when the same thing happened during a meeting on the Westbard sector plan last year? Probably.

But a lot of people in the room, including myself, may have been annoyed about many statements made in the presentation - or even during Anderson's speech - we thought were false or misleading. We don't have the opportunity to grab the microphone, make an unlimited speech, and take on our detractors and rebut them point by point in this particular venue. Should Anderson have that luxury? Is this now going to happen at every sector plan meeting in the future? 

Furthermore, Anderson appears to already be endorsing the broad concept of redeveloping Rock Spring as a mixed-use town center that was hinted at by planners last night. This is not the first time Anderson has been in a public role of pressing for new development. He has already publicly described a new urban future for squarely-suburban Aspen Hill, nowhere near Metro, for example. That is not a role planning commissioners are supposed to take. In fact, they're not supposed to make public statements of their opinions on a particular plan or project at all at the stage Rock Spring was in last night.

A O'Fallon, Illinois planning official, Ted Shekell, explains this quite well on the PlannersWeb website:

"One of the most important roles of the planning commissioner is to be an objective, fair-minded representative of the community. As those in the arena of city planning know all too well, land use issues frequently bring out passionate opinions from all sides, with the voice of reason and balance often coming from the planning commission. 

Having said that, if commissioners become partisan or politically motivated in their decision-making, or if the appearance of fairness and open-mindedness is breached, then the confidence the public has in the commission’s decision-making process will deteriorate rapidly. So, it is of the utmost importance to resist the temptation to “make up” one’s mind before hearing all the facts -- for the sake of the individuals with a stake in the issue, and ultimately, for the integrity of the democratic process itself."

With that in mind, it is not appropriate for Anderson to argue that residential growth in Rock Spring "will improve our ability to attract [office] tenants." The debate on that hasn't even fully started yet.

In fact, Rock Spring's suburban office park character has virtually nothing to do with why it has a particular vacancy rate. 4500 East-West Highway is virtually vacant, two blocks from Metro in downtown Bethesda. 7550 Wisconsin Avenue had to discard its grander plans for large corporate tenants, and chop up its floors into smaller units, to attract any tenants at all - and it is even closer to Metro, and walking distance to all of the wonderful restaurants people are telling us are necessary to attract millennials. So where are the companies and the millennials at those Class A office buildings?

The main reason for vacancies at Rock Spring and other office parks is that Montgomery County's business climate is hostile, and the county enjoys the worst-ranked traffic congestion in America - capped off by a lack of direct access to Dulles International Airport, the stated choice of international firms. If we ignore those factors, and destroy office space in favor of residential, we won't "improve our ability to attract office tenants" at all. There also seemed to be a misperception that planners are going to add office space to Rock Spring. Nothing of the sort is going to happen; in fact, existing office space will be demolished. No one would clarify that to attendees, perhaps hoping that the idea was bolstering the case to destroy office space. A number of speakers were already convinced that office space has "failed" at Rock Spring, even though they oppose the redevelopment with urban residential.

Anderson also boasted that he and the board have never failed to deliver a needed school, despite numerous people referring to the never-delivered elementary school in White Flint throughout the evening. And then there's Wood Acres ES in Bethesda, where that "never fail" record required 6 portables within a few years of the new school being built. That overcrowding is only being addressed years later with an addition.

Finally, Anderson claimed that Rock Spring office workers are "trapped in the middle of the day with nowhere to go" for lunch. At least one other official made the same claim last night. That left me wondering if any of them have actually been to the office parks in Rock Spring. There are convenience stores and at least two cafes at the Vornado/Suburban Hospital buildings on Rockledge. Stop by for lunch, and you'll see a constant parade of workers carrying takeout containers back to their offices. I've even dined at one myself. 

And those offices are - believe it or not - walking distance to the nearly-endless food offerings at Westfield Montgomery Mall, Georgetown Square, Westlake, and Wildwood Shopping Center. Hopefully, planners will add those stops to the bike tour of Rock Spring.

Residents already know about those many restaurants, citing them and their shopping centers among the strong points of the Rock Spring location. During breakout sessions, residents asked planners to "preserve the suburban, bucolic character of the area." Among things they would like to see in the plan are a trail to Cabin John Park, safer ways to cross Democracy Boulevard and Old Georgetown Road, and keeping new development to a scale comparable to existing shopping centers or parts of the Kentlands, rather than urban heights and density.

There's no doubt Rock Spring could be improved in any number of ways. But if we put our heads in the sand over the real drags on economic development and the county's moribund economy (we haven't attracted a single large corporation in over a decade), we'll never become more attractive as a destination for the corporate headquarters, laboratories and research facilities that demand the larger, secure campuses Rock Spring excels at providing.

Millennials don't drive cars? They don't dine inside their corporate headquarters? They only work in dense urban cities by transit stations?

Man, do I have a couple of businesses for you to visit: Facebook and Google. Their campus headquarters are, yep, just like Rock Spring. Millennials care about high-wage jobs, and they'll go anywhere they are being produced in abundance. 

One resident may have summed up what the goal of the plan should be best:

To create a model development "that those companies want to come for, but we want to stay for."