Foulger-Pratt Scraps Retail At Bethesda Multifamily Project

Foulger-Pratt Ourisman Ford development
A Rendering Of Foulger-Pratt's Initial Plan For The Ourisman Ford Development, Before The Retail Was Scrapped

The mixed-use project Foulger-Pratt had planned near the Westfield Montgomery Mall in Bethesda has been reduced to a single use.

The developer is amending its proposal to scrap the ground-floor retail and increase the number of residential units at the Ourisman Ford redevelopment, Bethesda blogger Robert Dyer reports.

The vacant car dealership sits at the corner of Motor City Drive and Westlake Terrace, across the street from Westfield Montgomery.

Foulger-Pratt had initially proposed more than 50K SF of retail space, including a 12K SF restaurant space, in addition to its 340 rental units. After determining the market for restaurant and retail is not strong enough to support that component, it revised its plan to get rid of the retail and add eight units.

This is not the first time this year Foulger-Pratt has cut retail from a project plan, a sign it may be concerned by the struggling retail sector. In April, the developer halved the retail component at an office development it is planning in Tysons. In both instances, adjacent properties — Westfield in Montgomery County and The Boro in Tysons — have major retail components. Some developers remain bullish on the ability to successfully incorporate retail into mixed-use developments.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

270-Unit Manassas Gated Community Sells: The D.C. Deal Sheet

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Bringing Stability And Savings To CRE Insurance Through Working Layer

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Miami's Condo Craze Has Developers Spending Millions On Sales Galleries

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Slate, Hudson Cos. Picked To Develop Massive Queens Housing Project

Ryan Cos. Secures Permit For Austin's Sixth Street Redevelopment

How Metropolis Is Bringing Parking Into The Future With AI And Recognition Technology

Rapper Rick Ross Joins 670-Unit Miami Gardens Condo Project

How A New Financing Model Helps Spur More Mixed-Income Housing