Wednesday, July 20, 2011

Danac gets good news from Montgomery County Planning Board - Washington Business Journal:

http://jimsautoincsc.com/major-ford-lincoln-in-woodland-hills-pro-populace.html
The Bethesda-based developer's 26-acre office park in the Shady Grovw Life Sciences Center is currently approvedfor 669,538 square feet of density and the campus currently contains half of that, or 350,000 square feet. At a May 28 work session, the Montgomer County Planning Board decided to recommend in its drafy Gaithersburg West Master Plan that the property be developefd with up to twice asmuch density, or contain up to 1.34 million square feet of retail and residential space.
The southwest corne of the land currentlt includesa 272,000-square-foot, three-building complex that houseds software and pharmaceutical The north side of the property contains the Metropolitan Regional Informational Services' 72,000-square-foot headquarters. Last the board also recommendedthat Danac'sd Corridor Cities Transitway stop be located at or near its northeasterb corner, near the intersection of Diamondback Drive and Decoverly Drive. That is good news for Danac, since the boar d had left out the stop in earlier The transit stop near the cornef may be developed whether the state retainss the current road alignment or adoptthe county's locally preferred alternative.
The boarde also picked that location because the northeastern cornefr is considered to be convenient for pedestrians from the Decoverlygresidential communities. "We have a long way to go, but we are encouragerd by theplanning board's recommendations," said Timotht Dugan, a Danac attorney. Several more work sessionds are scheduled over the next two and in July the planning boarcd will send its draft master plan to the countu executive who will have 60 days to review and commengt before it is sent to the countyt councilfor deliberations.

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