Metro News Release
For immediate release: November 8, 2007
Metro Board approves Takoma Park development project
Metro’s Board today approved the sale of land and development plans for a townhouse project next to the Takoma Metrorail station on the Red Line.
The project has been in development since 2000, when the Board selected Bethesda-based EYA as the developer. Metro held public hearings on the plan and further changes were made to the site plan.
The current facilities on the site include a 149-space, surface parking lot, nine bus bays, no designated bus layover spaces, 38 bike racks and 60 lockers. The new development will include up to 157 parking spaces, 10 bus bays and four layover spaces, 50 bicycle racks and 70 lockers. The developer will also construct a roundabout, which will improve bus circulation within the site. New sidewalks and crosswalks will be constructed for safe access to the station and new access roads will be built to the parking and bus facilities. The DC Office of Planning will consider an alternative proposal offered by Montgomery County as it relates to pedestrian safety and handicapped access as part of the DC's Planned Unit Development (PUD) process.
The developer also will pay Metro a minimum of $2.5 million in proceeds from the project.
The project now moves for consideration by the Federal Transit Administration and the District's planning and zoning officials.
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News release issued at 12:00 am, November 8, 2007.