Federal Realty Reveals New Renderings For Pike & Rose
Developer Federal Realty last week showed off new renderings of the second phase of its massive Pike & Rose mixed-use development project in White Flint.
The company submitted its revised site plan to the Montgomery County Planning Department for 1.5 million square feet of retail, residential, office and hotel space on Mid-Pike Plaza between Rockville Pike and Montrose Parkway. Phase 1 of the project, 950,000 square feet of mixed-use retail that includes a luxury iPic movie theater, broke ground last summer along Old Georgetown Road and is expected to be completed in the summer or fall of 2014.
Phase 1 also includes an 18-story, 300-unit apartment building. Phase 2a and 2b will fill in the northern half of the Mid-Pike Plaza.
Federal Realty hopes to have the Phase 2 plans before the Planning Board for a public hearing in winter or spring of next year and wants to start construction in winter or spring of 2014. Delivery of Phase 2a is slated for 2016. The completion of Phase 2b is to be determined.
Images via Federal Realty