Friday, September 17, 2010

Music to Developer's Ears in North Bethesda

112 new townhouses are on the way in North Bethesda. Streetscape Partners, a two-year-old McLean-based firm, has broken ground on the 18-acre site at Strathmore Avenue and Rockville Pike called Symphony Park at Strathmore (extreme caution: link plays Classical music upon opening). The on-schedule groundbreaking puts delivery of the first homes at "late spring," according to Ron Kaplan, Co-managing Principal at Streetscape. The homes have not yet been priced, but Kaplan expects pre-sales to begin within a month.

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


Anonymous said...

Built with "real materials"? $10 says these are cheap wood frames with a thin veneer of stone or pavers on the front. I guess plywood is a real material.

Unknown on Sep 18, 2010, 6:05:00 PM said...
This comment has been removed by the author.
Behrad said...

I'm looking forward to seeing this come to fruition. Should be a great addition to the neighborhood. I only wish they would have incorporated a small neighborhood market within the development.

Tim Reed on Sep 20, 2010, 1:54:00 PM said...

The design of the individual town homes seem nice. The overall master plan, however, is awful.

They created a cul-de-sac subdivision with one entry/exit point. The homes don't face the street, and are oriented towards exterior parking lots. I think a lot of folks who buy early will be deceived by the elevation renderings and will very disappointed with the end product.

Anonymous said...

yeah, agree- the master plan is an abomination.

oh well...opportunity lost.

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