Tuesday, December 18, 2012
County officials are "much further behind" than anticipated on the project after developers JBG backed out of a land-swap deal to build the station.
Montgomery County’s Department of General Services may need to issue a new request for proposals for Bethesda’s second district police station after developer JBG backed out of a deal to construct the building. The county is considering several options—among them renovating the aging station at its current Wisconsin Avenue site, looking for a new location to build, and issuing a new RFP, said Greg Ossont, deputy director for DGS's office of planning and development. A decision on how to move forward should be made shortly after the first of the year, Ossont said. “We realize the second district police station is in poor condition,” Ossont said. “It puts us much further behind than we thought we’d be at this point due to JBG pulling out, so…
Friday, November 9, 2012
Developer JBG has backed out of a deal to build a new second district police station as part of a larger residential project on Cordell Avenue.
Developer JBG has withdrawn from a land-swap deal with Montgomery County to develop a second district police station as a part of a mixed-use residential project on Cordell Avenue, Bethesda-Chevy Chase Regional Services Center director Ken Hartman said at a Friday meeting of the Woodmont Triangle Action Group. JBG will apparently move forward with a modified residential project, albeit without the police station. Original plans called for JBG to develop a new, 30,000 square foot police station as part of a 600,000 square foot mixed-use development on Cordell Avenue between Woodmont and Wisconsin Avenues, with up to 400 units. As part of a “land swap,” the county planned to give JBG the site where the aging current police station is located…
Monday, July 30, 2012
The Chevy Chase-based company received the award from NAIOP, the Commercial Real Estate Development Association.
Chevy Chase-based developer JBG Companies was recently named "Developer of the Year" by NAIOP, the Commercial Real Estate Development Association, Bloomburg.com reported. JBG "invests almost exclusively in urban-infill, transit-oriented developments," Bloomburg.com added. "JBG's position as an industry leader is evidenced by its ability to develop and manage many product types, from residential to retail to hotels and large government buildings. ... NAIOP is proud to recognize JBG for its outstanding projects and its ability to maintain its core business, while incorporating other strategies, such as sustainability, into its developments," Thomas J. Bisacquino—NAIOP president and CEO—said, Bloomburg.com reported. JBG is a co-developer, …
