BOLAN SMART PROJECT PROFILE

Client:

Maryland-National Capital Park and Planning Commission (M-NCPPC)

Project:

Purple Line Terminus Financial Feasibility Analysis, Bethesda, Maryland

Completed an economic analysis of multiple scenarios to jump start the demolition and redevelopment of the Apex Building, a major existing income producing mixed-use building in downtown Bethesda over a planned public light rail station. 

Bolan Smart reported to the Planning Board and Montgomery County Council on the economic viability of possible leveraging upzoning as a tool to induce current property owners to accommodate a combined enlarged Purple Line and WMATA Red Line station entrance within the lower levels of a new development.  This project required coordinating with multiple public sector agencies (state and federal level financial contributions).  Construction was underway in 2017.

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