For Immediate Release: Monday, November 23, 2020
Montgomery County Department of Transportation (MCDOT) has published a Notice of Intent to begin negotiations for the redevelopment of Public Parking Lot 28 in Bethesda, Maryland (4854 Cordell Avenue).
If negotiations are successful, Montgomery County, through MCDOT, sell the property to a private development partner known as “Greenhill Capital Corporation,” who intends to incorporate this property into its adjacent holdings in order to develop around 400,000 square feet of residential development with ground floor retail.
The Notice of Intent, including information on where to direct questions and comments, is available to view at montgomerycountymd.gov/DOT-Parking/Resources/Files/Lot%2028%20NOI_final.pdf.
Any parties wishing to provide comments or other information to MCDOT about development of this parcel must contact MCDOT in writing by 5:00PM on December 11, 2020.
For ongoing updates, follow @MCDOTNow and @MCDOT_Parking on Twitter or go to the department website at www.montgomerycountymd.gov/mcdot.
Release ID: 20-214