October 11, 2012

County, City of Rockville Request Support for Long-Awaited Rockville Town Center Mixed-Use Development

A transmittal recently sent to the County Council by County Executive Ike Leggett requests that a $4.16 million conditional grant be appropriated and disbursed from the County’s Economic Development Fund to Duball, LLC to support the redevelopment of a surface parking lot in the heart of Rockville Town Center into a mixed-use development.

The development site, located at East Middle La. and Monroe St., is currently a surface parking lot located in front of Regal Cinemas. When completed, the project will feature two mixed-use, high-rise towers that will include 485-multifamily homes, a 140-room Cambria Suites hotel, 40,000 square-feet of street level retail and approximately 1,000 parking spaces.

In announcing the news of the transmittal to the Council, Leggett was joined on site by County Councilmember Phil Andrews; Rockville Mayor Phyllis Marcuccio; Montgomery County Department of Economic Development Deputy Director Sally Sternbach; Michael Murphy, Senior Vice President of Upscale Brands, Choice Hotels International; and Marc Dubick, President, Duball, LLC

Construction of the first phase is expected to begin by the end of this year and will include approximately 263 residences – 40 of which will be earmarked as Moderately Priced Dwelling Units – a Cambria Suites hotel and 17,000 square feet of street-level retail, plus public and private parking.

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