Category: Development News

Fenton Street property up for sale

Photo by Mike Mowery. The Fenton Companies, a Silver Spring-based real estate development company, is in negotiations for the sale of its property at the corner of Fenton Street and Silver Spring Avenue. According to a company spokesperson, approved plans are still in place to construct Silver Spring Park on the site of an office building, surface parking lot and two residential homes slated for demolition. The new development would include “a 120-room Fairfield Inn & Suites hotel by Marriott with ground floor retail and Silver Spring Apartments, a 58-unit residential apartment building complex. A total of 9,234 square feet of ground floor...

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Foulger-Pratt sells Silver Spring medical office building

Medical office building photo by Mike Diegel. Local developer Foulger-Pratt has sold a medical office building that is part of the campus of Holy Cross Hospital. The Class A office space, located at 1400 Forest Glen Rd., was purchased by Nashville-based Healthcare Realty for a reported $24 million. This is the second D.C.-area medical office building the company has purchased in the D.C. area. The 64,000 square foot building was built in 2004 in a joint venture between Foulger-Pratt and a global real estate investment management firm. It houses women’s health care providers, such as Maryland Perinatal Associates and...

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Silver Spring’s second brewery planned for Georgia Avenue

Astrolabe Brewing hopes to open in early 2018. Photo by Mike Diegel. Silver Spring’s second brewery, Astrolabe Brewing, is planned for the space formerly occupied by Joe’s Record Paradise at 8216 Georgia Ave. Co-owner Emma Whelan said she and partner Matt Cronin, who will be the head brewer, have been working on the concept and looking for a location for about two years. “There will be a lot of indoor-outdoor feel to it,” Whelan said, with space outside. What the brewery won’t have, contrary to earlier reports, is a rooftop terrace, as the building can’t support that weight, so...

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First medical marijuana dispensary in Silver Spring announced

Green Thumb Industries has proposed the former Banner Glass site as its first medical marijuana dispensary in Silver Spring. (David Lay/Source of the Spring) Silver Spring’s first medical marijuana dispensary has been revealed. Green Thumb Industries, the Chicago-based company that has former Ravens player Eugene Monroe as a partner, announced plans to open at 7900 Fenton Street. Banner Glass closed its location at the address in July of last year. According to Bethesda Beat, Monroe and GTI Director & CEO Pete Kadens gave a presentation in February, announcing their plans to build a location in Silver Spring. GTI was...

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Regal Majestic Stadium 20 & IMAX undergoing renovations

Regal Majestic Stadium 20 & IMAX is undergoing renovations. (David Lay/Source of the Spring) The Regal Majestic Stadium 20 & IMAX theatre on Ellsworth Drive is undergoing renovations, as part of a industry-wide effort to bring patrons back to watching movies on the big screen. According to permits filed earlier this month, the renovations include removal and replacement of existing seats and furnishings in auditoriums and employee break room. Recliner seating will be installed in the auditoriums, as well as updated fixtures. On its website, Regal describes the  move to recliner seating in its theatres: Kick back and enjoy...

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