B.F. Saul Withdraws Wheaton Redevelopment Plan
The developer remains interested in future redevelopment plans, however.
Private developer B.F. Saul has withdrawn from Wheaton redevelopment plans. The Washington Examiner reported that Montgomery County officials were not surprised. The Montgomery County Council voted this spring to re-focus Wheaton redevelopment on an office building shared between county government and Maryland-National Parks and Planning Commission on Parking Lot 13, instead of staying with the original plan for B.F. Saul to develop a platform with offices and a hotel. "The loss of B.F. Saul is a blow to the revitalization of downtown Wheaton, but it says more about them than it does about Wheaton," wrote Just Up the Pike blogger Dan Reed. In a letter to the county's Department of General Services and the Montgomery County Council, B.F. …
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Sean
11:50 am on Saturday, August 4, 2012
Regarding office space vacancies. The offices I'm aware of are the two buildings at Westfield and the BBT building. If the BBT building has high vacancies, it may be because tenents know that buiding is going away. Regarding all three properties, do you think a large tenent (which is what we're trying to attract) would be interested in either buidling which happen to be far from the urban core/… more ›