First Madonna and Guy Ritchie called it quits. Now the county’s planning board has dumped its private partners in a project to redevelop its downtown Silver Spring headquarters.
During a closed session late last month, planning board commissioners decided to cut ties with a trio of developers pegged to build Silver Place, a mixed-use project set for the corner of Georgia Avenue and Spring Street (below). The board announced its decision Thursday in a press release.
The trio of developers – The Bozzuto Group, Spaulding and Slye Investments, and Harrison Development — was first supposed to manage construction of the board’s new mothership on part of the three-acre site. Then, the trio would have bought the remaining land to build about 300 residential units.
But the planning board and developers couldn’t settle on what the board called “key financial terms”, and that included what price the trio would pay to score that remaining slice of land. The board still plans to roll with private residential developers — just not the guys listed above.
And despite the breakup, the board said basic plans cooked up in June (below) are still the way to go. Back then, architects, planners and area residents decided to plant a 30- to 40-foot-tall building on Georgia at Spring for the planning board. The rest of the planning department will get new digs inside a 90-foot-tall office building on Georgia, next to the Crown Plaza Hotel.
Behind those buildings will be some green space, plus residential buildings reaching up to nine stories towards the center of the lot and tapering to four stories on Spring Street (below). At least 30 percent of those units will be tagged as affordable housing, the board’s press release said. No retail space is in the mix.
“The issue was of more traffic and service vehicles, and whether we can make retail have any critical scale,” John Torti, the project’s master planner at the time, explained at the wrap of a week-long charette (French for “brainstorm”) in June.
“The conclusion was no,” Torti said.
The planning board announced it will hold a public meeting on the Silver Place project sometime in mid November. At some point, it’ll hit up the county council for funds to build the office space. It’s unclear how much that tab will be.
And when the buildings will actually be done is anyone’s guess. In June, months before the breakup, master planner Torti estimated it could be five or six years before anyone moves into anything.
Images courtesy of SilverPlaceWorkshop.com.












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Boxed wines and rosés are back in vogue. Just ask The Penguin's sommeliers.
The credit meltdown deep-sixed this project. Real estate developers have no $$$$ to launch any projects.
The county will not be able to secure much financing from Wall Street either.
Funny how the market works.
I park there every day for work, wasn’t so much looking forward to the parking nightmare.