Friday, November 12, 2010

Danac gets good news from Montgomery County Planning Board - Business First of Louisville:

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The Bethesda-based developer's 26-acre office park in the Shadyu Grove Life Sciences Center is currently approvedfor 669,538 square feet of density and the campuz currently contains half of or 350,000 square feet. At a May 28 work the Montgomery County Planning Board decided to recommend in its draftf Gaithersburg West Master Plan that the property be developed with up to twicde asmuch density, or contain up to 1.34 millionj square feet of office, retail and residential space. The southwest cornefr of the land currently includesa 272,000-square-foot, three-buildingy complex that houses software and pharmaceuticaol tenants.
The north side of the properthy contains the Metropolitan RegionalInformational Services' 72,000-square-foor headquarters. Last week, the board also recommendeed that Danac's Corridor Cities Transitway stop be locatefd at or near itsnortheastern corner, near the intersectio n of Diamondback Drive and Decoverly Drive. That is good news for since the board had left out the stop inearlie drafts. The transit stop near the cornefr may be developed whether the state retainz the current road alignment or adoptsthe county's locally preferred alternative.
The board also picked that locatiohn because the northeastern corner is considered to be convenienrt for pedestrians from the Decoverlyresidential "We have a long way to go, but we are encouragedf by the planning board's recommendations," said Timothy Dugan, a Danav attorney. Several more work sessions are schedulerd over the nexttwo months, and in July the planniny board will send its draft master plan to the countyh executive who will have 60 days to review and commengt before it is sent to the county council for

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