Core, a 292-unit apartment building in downtown Silver Spring’s business district, is almost finished, and about a third of the homes are already leased, according to complex managers.
Development companies Foulger-Pratt and Willco were behind the project to construct a 16-story building at 8621 Georgia Ave. in place of a surface parking lot. Core offers units ranging from studios to two-bedroom apartments and is geared toward millennials who want amenities and a downtown location at an affordable rental rate.
The smallest apartments are currently leasing from about $1,460, while the largest units might cost up to $2,596 per month.
Foulger-Pratt, the Rockville-based developers behind the Silver Spring Transit Center and the Downtown Silver Spring restaurant and retail project, broke ground on Core in late 2015, and the company’s managing principal, Bryant Foulger, said the complex would continue the transformation of the downtown area.
The apartments are designed to be smaller in size, but the building also offers “livable social spaces with lots of opportunities for people to have casual collisions,” said Michelle Partridge, regional property manager for Foulger-Pratt.
The building will include a fitness room, a rooftop pool and rooftop clubroom. The grand opening is scheduled for September or October, according to the property manager, Kara Swieconek.
Core is one of several new housing complexes in Silver Spring. The Pearl on High Park Lane recently held its grand opening, and Octave1320, a condo community, started selling units last year.
Living space and bedroom in a model one-bedroom unit at Core in Silver Spring. Credit: Bethany Rodgers.
Kitchen in model studio apartment at Core. Credit: Bethany Rodgers.
Community spaces and lobby in Core in downtown Silver Spring. Credit: Bethany Rodgers.