Monument Realty and Mosaic Realty Partners redevelopment plans for a surface parking lot in Bethesda could take a step forward later this month.
The development team's plans for a new 235-unit residential development with a 90-foot wide public park and up to 145 public parking spaces at the site of county controlled surface parking lot 25 will go before the Montgomery County Development Review Committee in two weeks.
The new development will have offer either live-work units or coworking space, and up to 20% of the apartments will be moderately-priced dwelling units.
The new building, designed by Torti Gallas, is part of a joint venture that was selected to redevelop public parking lots 44 and 25. Broad Branch Partners and Mosaic Realty Partners are planning a development that would bring 68 condominiums and townhouse units to lot 44 just east of Woodmont Triangle.