Rendering of plans for an 11-story office building at Pike & Rose in North Bethesda. VIA FEDERAL REALTY INVESTMENT TRUST
The developer of Pike & Rose has released the first glimpse of an 11-story office building that will claim a space in the burgeoning North Bethesda neighborhood.
Tenant construction on 909 Rose, which will stand at the corner of Rockville Pike and Rose Avenue, could get started in fall of 2019, and the first occupants could move in early the following year, according to a press release from developer Federal Realty Investment Trust. The 208,527-square-foot building will be the second office complex in Pike & Rose, with the first leased quickly to corporate tenants such as Merrill Lynch, Bank of America, Regus and Hilti.
Pike & Rose offers tenants proximity to transit and boasts an array of dining, shopping and housing options; Federal Realty executives are even making plans to move their own employees to the site, according to the release.
The office building will form part of Pike & Rose’s second phase, which celebrated the opening of its first retail site in April with the relocation of REI. The first phase included the luxury iPic Movie Theaters, new restaurants such as Del Frisco’s Grille and the performance venue AMP by Strathmore. Residential complexes at the Pallas and PerSei provided a combined 493 apartment units.
The new building, 909 Rose, will feature meeting rooms, outdoor collaborative spaces with on-demand catering and Wi-Fi, bike storage and a gym with showers.
“Business thrives when its people thrive, so we’re designing 909 Rose with that in mind,” said Chris Weilminster, president of mixed use at Federal Realty.
Image of lobby at 909 Rose, the next office building planned for the Pike & Rose development. Via Federal Realty Investment Trust.