To make way for multi-million dollar condos, crews first must tear down an old brick garden apartment in downtown Bethesda.
The demolition of the Hampden Apartments, which were rented out anywhere from $1,105 to $2,405 monthly, will make way for The Lauren, a 40-unit new condo project that will require quite a bit more coin.
A four-bed, four-and-half-bath condo at the building will cost $4.8 million, according to Sotheby’s International Realty, which is the listing agent for the development.
The Lauren will also take the place of a parking lot and standalone house at 4901 Hampden Lane, with frontage to Woodmont Avenue near Bethesda Row. County law requires six moderately priced units. Five other units will be for sale as guest/amenity suites.