Yay! Gables has received preliminary and site plan approval!

Gables Residential has received Preliminary Plan and Site Plan approval from the Montgomery County Planning Board for Gables Pike District. The approval is for 521,000 square feet of new development comprised of up to 476 apartment homes and 31,000 square feet of retail. Plans include three interconnected buildings, two new streets, and a new parking garage that will serve the adjacent Wall Park and Montgomery County Aquatic Center along with the new development. Gables Pike District will also include a bike-share facility, more than 200 bicycle parking spaces, and eye-catching public art.

“We’re very pleased to have our preliminary and site plan approvals, and will start preparing for the first phase of construction,” said Gables Residential’s Jorgen Punda, regional vice president for investments. “Gables Pike District will be another important step towards the transformation of the Pike District as a truly vibrant live, work, play community. We appreciate the collaboration from park and planning staff and the County Executive’s office that has helped us to reach this point.”

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On another note, the White Flint Implementation Committee meets tonight, May 11, at 7:00 at the Shriver Aquatic Center.