Towne Crest Redevelopment

Republic Land is currently planning the redevelopment of this property, which was originally constructed in the early 1960s as a 107-unit rental apartment and townhouse community on an 8.1-acre site in Gaithersburg, Maryland overlooking the Town of Washington Grove West Woods. Through careful planning and innovative design, we have proposed a modern and attractive development with a market-driven mix of Studio, 1 BR, 2 BR and 3 BR units. The plan is currently going through the entitlement process in Montgomery County. The proposed redevelopment, in addition to market rate units will offer a substantial stock of affordable and workforce housing, in a series of attractive new buildings with structured parking, on-site amenities, advanced on-site storm water management practices, lush landscaping activity spaces and contemporary Leadership in Energy and Environmental Design (LEED) solutions.