According to F. Scott Fitzgerald, there are no second acts in America, but it looks like Silver Spring never got the memo. Derided for years as the failed White Elephant of development dreams past, the City Place Mall in downtown Silver Spring is ready for its rebirth as a retail/office complex. Dierman Realty, the majority owner of City Place Mall, is planning an eight-story office tower of 160,000 sf over the existing mall space, which was opened in 1992 on the site of the old Hecht's department store. While no tenants are signed, the developer believes downtown Silver Spring's recent boom will prove attractive. The office tower will have a "contemporary" design by the architectural firm Morris Ritchie & Associates, and is expected to include environment-friendly features such as "green roof" to provide natural insulation and limit run-off. Construction is not expected to begin until all approvals and permits are set, possibly in two years.
Silver Spring Real Estate development news