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MCDOT led the effort to redevelop a County parking lot (known as Lot 43) located at 8009 Woodmont Avenue, Bethesda into a mixed use project that includes housing, retail/commercial space and underground parking. The proposal outlines a plan to develop the site --at no cost to the County and with all private financing.
MCDOT led the effort to redevelop a County parking lot (known as Lot 43) located at 8009 Woodmont Avenue, Bethesda into a mixed use project that includes housing, retail/commercial space and underground parking. The proposal outlines a plan to develop the site --at no cost to the County and with all private financing.
The project will increase the area’s stock of affordable housing by guaranteeing that at least 20 percent of the units built will be set aside as moderately priced residences and provide sufficient private parking to eliminate any reliance on other public parking facilities in Bethesda. In exchange, the County will receive the fair market value of the parking lot property. Read more.
