Underscoring the anemic demand for new commercial space across the D.C. region, the Montgomery County Planning Board has unanimously approved a developer’s proposal to build multifamily residences instead of previously envisioned offices near I-270 in Germantown. Century Development Services LLC owns nearly 16 vacant acres just southwest of the interchange with Ridge Road, where it’s planning to build a piece of a larger mixed-use development dubbed Century in Germantown.
