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Federal Realty Investment Trust has submitted an application to the Montgomery County Planning Department that proposes some big changes to the developer’s Montrose Shopping Center in Rockville.
The Rockville-based developer wants to replace the existing Timpano restaurant on Rockville Pike. In its place would rise a new building that would house multiple tenants, Bethesda Magazine reports.
If the plans are approved, the 11k SF Timpano would be demolished to make way for a more modern structure that could be as large as 19k SF. The new building would be home to a mix of fast-casual establishments with an outdoor seating component. The remainder of the Montrose Shopping Center would remain untouched if FRIT receives the green light.
For inspiration, FRIT is looking towards a similar project it completed as part of Pike & Rose, the developers massive development in North Bethesda that has helped to revitalize the Rockville Pike area. The Pike & Rose building upgrade project brought retailers such as Starbucks and Chipotle to the mix. No word yet on prospective tenants for the new project. [BETH]
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