Sunday, May 28, 2023 |
Baltimore
73°
Fair
FOLLOW US:

Developer sees path to tear down Lakeforest Mall sooner than planned

May 22, 2023

Lakeforest Mall’s owners have redoubled their efforts to persuade Gaithersburg officials to adopt an ordinance that would help speed up redevelopments like theirs. Representatives for South Carolina-based WRS Realty penned a letter earlier this month, its second such appeal, to city officials asking them to take up local legislation that would let the two sides strike what’s known as a Development Rights and Responsibilities Agreement, or DRRA.

Article Source: Washington Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.