Developers Invited To Submit Proposals for Mixed-Use Project at Bethesda’s Waverly Garage
County is looking to add another 135 parking spaces to the facility
Via Montgomery County Government
The Montgomery County Department of Transportation is now accepting development proposals for Waverly Garage in downtown Bethesda.
Officials are interested in adding 135 parking spaces to the site near the intersection of Montgomery Avenue and Wavely Street, refurbishing a section of the garage and bringing a new use to the property—all through a joint development agreement.
The department released a request for proposals in late July and is holding an information session about its solicitation efforts on Tuesday.
The 858-space garage is separated into two sections connected by a bridge over Waverly Street. The county’s request for development proposals is focused on the eastern portion of the garage, which now supplies 365 parking spaces. The county wants to increase that total to 500.
But there are many ways of accomplishing that goal. A developer could build an above-ground garage and construct something above the parking space. Putting the parking underground is another possibility, although the developer would have to do so at no additional cost to the county.
“There’s so many different ways of doing this,” said Jose Thommana, the county’s chief of parking management.
The county is also willing to consider a proposal that would cover both sides of the garage.
Thommana said a developer could purchase the land and the air rights for the site or just the air rights, but in any case, the county will continue to own and operate the public parking garage space.
The zoning for the property would allow a developer to construct a building of up to 175 feet in height.
Development proposals are due to the county by Sept. 17.
Waverly Garage sits across the street from another major project that stemmed from a county partnership—the 250-foot-tall Avocet Tower is slated to go up on the site of a now-closed county police station, which recently relocated to Rugby Avenue.