Bethesda's Monty will be underway by January, say developers of the 17-story apartment building, planning what will be the neighborhood's second tallest building. Florida based developer Bainbridge Companies closed on the Monty site just this June and expect to build by "late January," the only Woodmont Triangle project with construction timelines despite the area's long list of expectant projects.
Though Bainbridge only recently acquired the land, the deal had been in the works for several years and came with the original SK&I designs and the county's approvals, leading Bainbridge to predict that demolition of the current retail stores would commence by the fall. The mid-block apartment building will feature a 20-foot wide pedestrian right of way connecting Fairmont St. with St. Elmo's Avenue with retail fronting both streets as well as the ped path, cutting the long block and giving the building a corner presence. At 174 feet plus mechanicals, The Monty - a name
that current team will retain - will be slightly shorter than the 200 foot Clark building."It will be very tall for the area, so its going to be like a sculpture" said Senior Associate Federico Olivera-Sala. "It will be shaped in a way that will give it some articulation, it disintegrates as the building goes up, like a box at the bottom, but parts start to disappear as it rises. This is meant to animate the Skyline of Bethesda." The building will feature a gym and terrace on the 15th floor for fitness buffs that prefer a view, and four levels of below-grade parking.
The Monty will bring 200 rental units with 30 moderately priced dwelling units and should begin occupancy by early 2013, the first high-rise mixed-use project to be constructed under the Woodmont Sector Plan. The project owners hope to achieve LEED Silver certification; a minimum of LEED certified is required for projects in the area.
Bethesda, MD real estate development news
8 comments:
The building would not be the second tallest in Bethesda. The Chevy Chase Towers (now perhaps the Capital One Towers) are both 250 feet tall. Additionally, the Clark Tower is 215 feet tall, the Newlands Building is 200 feet tall, and a few other Bethesda apartment towers are over 17 stories. At best, this could be the 4 or 5th tallest.
how about the ugliest?
CU, that's true, which is why I said it would be the 2nd tallest "in the neighborhood." Maybe I should have said "immediate vicinity," since I was trying to convey that there's nothing tall around it, but of course Bethesda has several tall buildings.
Ken, the reference to the Clark Building, which isn't in the Woodmont Triangle "neighborhood" where the Monty will be located, and is on top of the Metro Station across the street from the Chevy Chase towers led me to believe you were referring to the entirety of downtown. The other highrises in Woodmont Triangle are the Landow Building at the corner of Woodmont and St. Elmo and the highrise condos at the corner of Woodmont and Cordell. What makes the Monty seem particularly tall is its slender vertical rise and obviously the lack of anything over a few stories tall in the immediate vicinity.
I forgot to mention the Lionsgate condos at Woodmont and Old Georgetown, though these are less oriented toward Woodmont Triangle and more so towards the downtown condo/apartment core near the Metro.
amaing building, congratulations!!!!
AMAZING BUILDNG, CONGRATULATIONS!!!!
Construction has begun at last. I walked past the site of the Monty project on St. Elmo Avenue today (Wednesday). They had put up fences around the site and there were signs indicating approval for asbestos removal for the existing buildings on the site.
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