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SILVER SPRING, MD-Buildings are continuing to spring up at the 250-acre WesTech Business Park now that property developer Grosvenor has broken ground on a 35,000-sf flex/office structure. The facility, to be known as Crestridge, will bring the park’s total square footage of class A offerings up to approximately 510,000 sf. A spokesperson for Grosvenor tells GlobeSt.com that the single-story structure will cost $5 million to develop. Crestridge is on target for completion in early 2004.

“Based on our recent success in fully leasing all available one-story flex space at WesTech, we are breaking ground on a new one-story flex building to meet tenant demand,” Grosvenor senior vice president Andrew Galbraith notes, “and we’re currently in discussions with several potential prospects for this new space.”

In March, GlobeSt.com reported that the park was nearly full, having reached a 95% occupancy level. Tenants in the park–which is capable of being expanded up to an additional 700,000 sf–include Children’s Hospital Center, Kaiser Permanente, wireless communications company Nextel, healthcare information systems solutions provider SoftMed Systems, and the US General Services Administration.

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