The Gaithersburg City Council approved a one-year maximum suspension of development on Lakeforest Mall property in order for the city to reassess redevelopment priorities. Last week, city staff recommended that Gaithersburg approve a new map designation for the mall property and a one-year moratorium on development to avoid any issues with receiving applications during the […]
WRS Inc. Real Estate Investments
August 19, 2020 |
February 19, 2020 |
Future Plans for Lakeforest Mall Still on Hold
Gaithersburg councilmembers reluctantly agreed Tuesday to give WRS Inc. Real Estate Investments another three months to negotiate with the anchor stores at Lakeforest Mall before moving forward with a yearlong study of how best to use the land. WRS, which owns the mall, originally was given 150 days to work out a plan in which […]
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