MCB Real Estate Joins VIVA White Oak Development Team

MCB Real Estate has announced that it will now lead the development of VIVA White Oak, an approved 12 million square foot mixed use project planned for a 280-acre site in Montgomery County. Plans call for 4,500 residences and six million square feet of commercial uses including higher educational uses, lab, office & R&D space. MCB hopes to break ground on the first phase of the project in 2025. In a statement, MCB Managing Partner P. David Bramble said "My partners and I are thrilled to start work on building this vibrant new project. At MCB, we like to do complicated projects like this and we have a track record of success. We know that this is a project that can work and, frankly, this community has waited long enough for the kind of investment and amenities that we hope to bring to this location.”

“This is great news for Montgomery County,” said County Executive Marc Elrich, in a statement. “Since first sitting down with Mr. Bramble, we have discussed the possibilities for bringing business, education, training and more to the site. The MCB-VIVA project will create a much-needed geographic economic development balance and inclusive economic prosperity for the eastern region of the County. Our vision for East County is in sync with MCB. Our investments and partnership with MCB in this transformative project will further promote our inclusive community economic development goals for the area and County as a whole.”

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