X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SILVER SPRING, MD- Grosvenor has begun development of WesTech Village Corner at the intersection of Rte. 29 and Tech Rd. The 44,000-sf restaurant and retail center complements the neighboring 500,000-sf WesTech Business Park.

Christian Chambers, director of development in Grosvenor’s Washington, DC office, says the center will fill an unmet need. “WesTech Business Park, which we have owned since 1998, has over half a million square feet of office space but no restaurants. The project, which will cost an estimated $16 million to complete, will feature five pad sites to be occupied by Chevy Chase Bank, TGI Friday’s and three other restaurants, as well as two inline buildings, where Z Pizza will occupy space.

The 250-acre class A office and flex park, which can accommodate an additional 700,000 sf, is home to the likes of Kaiser Permanente, Children’s Hospital Center, SoftMed Systems, Nextel and offices of the federal government. Just prior to beginning work on WestTech Village Center, Grosvenor sold 1.5 acres in the park to Baywood Hotels for development of a 104-room Hilton Garden Inn.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.