Rockville Metro Center Update 01/13/25

300 Units Planned in Rockville Town Center

Lantian Development has submitted plans to redevelop the property at 255 Rockville Pike in Rockville, MD. The developer acquired the office property in Spring 2024 for $5.7M and is now planning a multi-stage project containing up to 550 units on the site. The initial phase of redevelopment is expected to contain approximately 300 apartments with adaptive reuse of the property's existing structured parking facilities. Plans also outline a potential second phase of redevelopment that would replace a portion of the first phase apartment building with a new, 217-foot apartment tower for a net increase of approximately 250 multifamily units for a total redevelopment of approximately 550 dwelling units. 

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