Developer to Build 328 Homes on WMAL Site

By on Apr, 12 2016 with Comments 0

CumulusResidents near the soon-to-be former WMAL tower site are unhappy with developer Toll Brothers.

Nearly 150 turned out at a meeting over the weekend to voice concerns over increased traffic and school crowding.

Toll Brothers unveiled the latest plan to build 328 luxury homes on the 75-acre tract in Bethesda, Maryland, just outside the Capital Beltway.

Toll Brothers is pitching construction of walking trails, a tot lot and public green space in the middle of the property, in addition to a clubhouse with a pool and exercise room, reports Bethesda Magazine. The latest plans do not include a dog park.

Nearby residents got used to using the privately-owned site as a dog park over the many decades the 4-tower array has been on the site.

This was the last community-aimed meeting before the developer turns in a preliminary plan to Montgomery County.

Toll Brothers hopes to break ground in 2017 and have the first homes completed in 2018; single family homes would go for $1 million and up, according to Bethesda Magazine.

Cumulus Media sold the site and says it expects to see between $75 million and $95 million from the proceeds, though it has been using $75 million in its modeling projections. The final figure depends on how many homes can be built. Cumulus expects the deal to close in 2017.

About The Author: Leslie Stimson has been a reporter for 35+ years, starting in radio news. She’s spent the last 20 years reporting for radio trades.

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