Bisnow reported that Willco has hired longtime D.C.-area real estate, Tom Regnell as its new CEO. Tom Regnell spent the last six years as president and CEO of the Chevy Chase Land Co. executive,
Friends of White Flint was thrilled to read about Willco’s focus on the Pike District area:
Willco owns two sites near the White Flint Metro station in North Bethesda totaling 36 acres where it is planning over 4M SF of development. Montgomery County Planning Department
The first site, a 16-acre property planned for 1.8M SF of townhouses, low-rise and high-rise multifamily, received preliminary plan approval from Montgomery County in July. The project sits on the north side of Montrose Parkway at the intersection of Towne Road, catty-corner from the Pike & Rose development.
The developer is preparing to submit plans for the 20-acre site on the south side of Montrose Parkway, directly to the west of Pike & Rose. That property features existing government-leased office buildings, but Regnell said it has future development potential for 2.5M SF of office, retail and multifamily.