BETHESDA, MD-Walton Street Capital LLC and StonebridgeCarras LLC are planning to construct 50,000 square feet of retail and nearly 300 rental units near downtown Bethesda. The joint venture has paid 29.2 million for the 1.6-acre site, originally planned to house a condominium complex.
Houston-based Patrinely Group was planning to commence work on a nine-story, 173-unit apartment complex in mid-2007, but the planned $200 million project was mixed up during the housing downturn.For the full story, go to Washington Business Journal.
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