County Executive Ike Leggett today announced that the County is issuing a Request for Qualifications (RFQ) to select development partners to develop and execute mixed-use, public-private projects for downtown Wheaton.
“Wheaton’s time has come,” says County Executive Isiah Leggett. “With Silver Spring the County selected a highly qualified development team to work with community stakeholders to develop and execute a redevelopment concept that changed the face of downtown Silver Spring. In Wheaton we will do the same.
“This is exactly the best time to lay the foundation so we can catch the next up-swing in the economy. Wheaton is a unique community with lots of strengths. We want to build on those strengths and some efforts already underway to create a vibrant, prospering central business district anchored by Metro.”
The County is joining forces with Metro (the Washington Metropolitan Area Transit Authority) to issue the RFQ. “This is an excellent opportunity for talented developers to help plan for the future of Wheaton without the need for heavy capital outlays in today’s constrained market,” says Steven E. Goldin, Metro’s Director of Real Estate. “We have one completed project in Wheaton as part of our Joint Development program, and look forward to adding this one to the list of 30 projects completed or underway at Metrorail stations throughout the metropolitan area.”
For the complete press release, click here.
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