Takoma Park Apartments Sold for One of Highest Per-Unit Prices in Area
A portfolio of 48 apartments in Takoma Park has been sold for one of the highest per-unit prices in the area, according to a press release.
A portfolio of 48 apartments in Takoma Park has been sold for one of the highest per-unit prices in the area, according to a press release.
The Warwick Apartments at 1131 University Blvd. W, near the intersection with Sligo Creek Parkway, has been sold to Rockville-based Donaldson management company, according to the Washington Business Journal.
The county’s Department of Permitting Services will launch a pilot program designed to expedite the process of getting permits for residential solar installation. The program will pilot the Solar Automated Permit Processing (SolarAPP+), developed by the U.S. Department of Energy’s National Renewable Energy Laboratory.
Silver Spring’s latest apartment development reached a milestone this week when the 26-story Solaire 8200 Dixon topped out, developer Washington Property Company announced. The development, which will be Silver Spring’s tallest building, is a 403-unit apartment tower in the heart of the Ripley District in downtown Silver Spring.
The county’s Planning Department staff identified four themes that will guide the next stage in the process of developing a new Silver Spring Downtown and Adjacent Communities sector plan. The four themes—diversity, resiliency, connectivity and community health—grew out of a series of online meetings and other conversations during the “visioning” portion of the planning process, which took place in the spring.
The City of Takoma Park has been awarded two state grants to support redevelopment and housing opportunities, according to a press release. The Housing and Community Development Department was awarded a $500,000 revitalization award from the National Capital Strategic Economic Development Fund initiative.
Demolition has begun on the site of the former headquarters of the county’s Park and Planning departments at 8787 Georgia Ave. in preparation for a new development project. The county chose partners Bozzuto and StonebridgeCarras in 2013 for a two-part redevelopment effort that included this site.
The county has issued guidance reminding renters that they continue to have eviction protection despite a recent federal court decision. The Centers for Disease Control and Prevention’s modified CDC Order for a Temporary Halt on Residential Evictions was vacated by a federal judge.
The number of homeless people in Montgomery County dropped 14%, from 670 people in 2020 to 577 in 2021, according to the Metropolitan Washington Council of Governments Point-in-Time survey.