The Montgomery Pearl project is back on in downtown Bethesda. A proposed redevelopment of several adjoining properties on Montgomery Avenue and Pearl Street, it was previously floated around 2018. Promark Development, LLC, has now revived the project. Comprised of 4540, 4424, 4400, 4340 and 4338 Montgomery Avenue, and 7300 Pearl Street, the new development would include residential buildings with ground floor retail. A "health and wellness club" would also be part of the project.
Promark has also proposed to create a connection between the Capital Crescent Trail and the public space in the new development, and to convert the portion of Pearl Street adjacent to the site into a shared street for pedestrians, bicycles, and vehicles. A four-level underground parking garage would serve residential, retail, and health club uses. The maximum building height of 145' would step down at the rear of the property, where it approaches the Purple Line and East Bethesda residential neighborhood.
Images courtesy Promark Development