Interesting Story on Woodmont Central Plans

Friends,

Erin over at Patch has an interesting story on the updated plans for Woodmont Central. She notes that:

The Battery Lane building would be 90 feet tall with more than 90,000 square feet of commercial and retail space. Two options are being considered for development of the Rugby site – as either two 174-foot-tall, nearly 500,000 square foot buildings; or two 143-foot-tall, 408,459 square foot buildings.

More information on the proposed amendments to the Woodmont Central plan is available via the Maryland-National Capital Park and Planning Commission.

See here for full details and let us know what you think via email at bethesdaactually@gmail.com

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A Nice Space for a New Business in Bethesda

There is a super space in the Lionsgate complex available for lease (used to be the wellness/ yoga center):

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More Info on Symphony Park at Strathmore

Friends, just thought I’d add in a few more details on this North Bethesda Project. It is being developed by Washington, DC based StreetScape and they are hoping to have the first Brownstones ready for delivery by the Spring of 2011. I suspect that there is going to be keen interest from buyers as this project gets closer to completion. Here is some data from Streetscape:

Streetscape’s current signature development project is Symphony Park at Strathmore, an unprecedented new Arts and Nature residential community, connected to the Strathmore Arts Center in North Bethesda, MD. This elegant, green haven is designed in the spirit of the world’s best city neighborhoods. Performances and fine art are literally steps away at Strathmore, and with the Grosvenor-Strathmore Metro station also within walking distance, the entire Washington, DC area is accessible in minutes. Symphony Park is uniquely focused on art appreciation, personal health and wellness, and world-class townhome design. The community is surrounded by the best of Montgomery County, Maryland, from shopping in Potomac to the hundreds of restaurants in Bethesda. First home deliveries in Spring 2011. 

Please do not hesitate to call me if I can help you get in on this project — cheers!
Raj (240)486-3921

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Interesting Commercial Option on Rubgy Road

Just received some very interesting information regarding a commercial opportunity on Rubgy road in Bethesda just off Woodmont Ave. The lot for sale has commercial/office/retail possibilities and plans for a 16,000 sq foot project. Your Bethesda Actually team will take some pictures of the spot in question and post them in the coming days, it will be interesting to consider what would be an interesting and fruitful use of the space.

PS Business people – if you are interested in purchasing the lot give me a call or drop me an email!

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Bethesda Real Estate Seminar on 203K Loans

Friends, we will be holding a seminar on 203k loans at our Weichert office in Bethesda on November 20th. For those of you not familiar with this program the short version is:

The Section 203(k) program is the Department of Housing and Urban Affairs primary program for the rehabilitation and repair of single family properties.

If you are interested in attending please send me an email — rajlaw@yahoo.com and I’ll get you on the guest list – Cheers!

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Potomac “Open House” with a Twist

Friends, I’m holding an open house with a twist this weekend. I’ll be just outside Bethesda -in Potomac actually! – holding open a fabulous home site on Sandy Landing Road. 

It is an absolutely beautiful, very private, wooded sanctuary 2.6 acre home site that is ready to build! The site has mature trees and a delightful winding creek with a bridge rebuilt in 2006. It is situated CLOSE to Potomac Village just off River Road!

If you are interested in living in Potomac or just curious about the space pop by on Sunday from 1-4pm. And as ever don’t hesitate to get in touch if I can help you with your real estate needs!

More details on the home below: Read the rest of this entry »

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Why Buy in Bethesda Now?

Friends — I love Bethesda — kind of obvious right? Well I just wanted to put that out there again before I tackled a question that a couple of folks have posed to me.

As you know I work in real estate and some of my clients have been asking whether they should buy in Bethesda (and the surrounding area) now or wait for a few more months.

The fact of the matter is that Bethesda and the surrounding area will likely be an ideal place to buy this year, next year and for many years to come.

But for me, there is a compelling reason to buy now and it is expressed in three simple words: “Low interest rates”

The rates make it easier to buy more house and that can only be a good thing for buyers and sellers. And how low are the interest rates? Try at historic lows! Interest rates are in the 4.5% and below range. SO if you are interesting in getting more info on the housing market (buying or selling) — drop me an email at rajlaw@yahoo.com Read the rest of this entry »

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Bethesda Real Estate Company Going Public

Some local and national news.

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