The community is adjacent to the Strathmore Music Center and Mansion, ergo the mellifluous name. Streetscape paid $5m plus "additional consideration" for the land, donating 5 acres back to Montgomery County for public open space, to include an amphitheater and "from scratch" forest. In addition to ticket deals with Strathmore, buyers will get Hord Coplan Macht landscaping. "HCM has done an amazing job to create beautiful outdoor, European mews," says Kaplan.
The developer described the finishes as "real materials" - brick and stone and solid wood doors. The design team tried to evoke the appearance of Georgetown, and Boston's back bay, a "sophisticated" community, according to Kaplan. The project is backed by Lubert-Adler Partners, LP. The land once belonged to the American Speech Language Hearing Association (ASHA) and had been under contract with residential developer Centex; Streetscape stepped in when Centex went bust after several years of planning, leaving Streetscape with the original plans and architects, Lessard Group, which have since made revisions to the designs.
North Bethesda, Maryland real estate development news