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ULI Washington Members Only Case Study: Camden Shady Grove

Date:
September 27, 2017
Time:
4:30 pm - 7:30 pm
Venue:
Camden Shady Grove
Address:
9709 Key West Avenue
Rockville, MD 20850 United States

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Wednesday, September 27, 2017

4:30-5:00 PM Registration and Networking
5:00-6:15 PM Panel Presentation
6:15-6:45 PM Property Tours
6:45-7:30 PM Networking Reception

The Situation
Camden Shady Grove is a model of the next generation of suburban-to-urban development: converting traditional suburban office parks into more urban and lively 24/7 mixed-use communities. Located within the Montgomery County Life Sciences Center at the DANAC Stiles Corporate Campus, Camden Shady Grove is designed to evolve and accommodate the rapidly changing Montgomery County suburbs.

The community is comprised of 457 apartment units, of which 12.5% are Moderately Priced Dwelling Units (“MPDU”), and is seeking LEED® Certification. Future plans for the corner of the building closest to the future CCT Station include a lobby, amenity space, and 5,000 sf of commercial code constructed Live/Work units. Camden Shady Grove not only provides parking for today’s individual driving/traditional needs but also offers a host of alternative transportation options, including 2 Capital Bikeshare stations, Zip Car parking, Carpool parking, a designated Uber pickup area, and multiple electric car charging stations. This project also has designed space to take advantage of the future adjacent Corridor Cities Transitway (“CCT”) Station.

THE DEVLOPMENT CHALLENGES

  • Reverse the original Master Plan recommendation to leave in place traditional suburban light industrial zoning, and have the zoning changed to the modern Commercial Residential (“CR”) zone.
  • Convert private interior streets to public access easements.
  • Modify existing private contractual relationships with other unrelated campus owners to accommodate entitlement requirements: property swaps, ownership/subdivision plat reformations, and metes and bounds deeds.
  • Manage the entitlement process within the private contractual deadlines.
  • Design a building to accommodate a host of utility and ROW easements.
  • Integrate the future CCT Station, plaza, lobby, amenity space, and Live/Work units.
  • Negotiate for transitional Live/Work units vs providing (empty) retail space.
  • Manage the sheer size of the project and the lease-up demand for 457 units.

WHAT YOU WILL LEARN

  • An overview of the Great Seneca Science Corridor Master Plan and Montgomery County’s move to convert suburban office parks to mixed-use suburban-urban communities.
  • Two-phase landscape design planning for the CCT Station Plaza.
  • Building design to anticipate the future more urban suburban transit oriented residents and professionals/scientists.
  • Transportation and retail proffer negotiations with MNCPPC and Montgomery County.
  • Construction and design elements integrated to obtain LEED Certification.

SPEAKERS

  • Will Smith, Director of Real Estate Investments
    Camden Property Trust 
  • Tim Dugan, Land Use Attorney
    Shulman Rogers (And Moderator)
  • Fede Olivera-Sala, Architect and Principal 
    SK+I Architecture
  • Vic Bryant VP Planning & Landscape Architecture 
    Macris Hendricks

LOCATION

  • Parking: Please park in the unsecured first level of the garage, accessible on the building’s north side (click here for site plan).  A Camden Shady Grove representative will direct you to the clubroom.

REGISTRATION INFORMATION
(This is a MEMBERS ONLY event)

Members
Private Sector $65
Public Sector $35
Young Leader (<35) $35
Student (full-time) $35
Media Complimentary

2017 Corporate Sponsors
Please forward attendee information to bdullaghan@uli.org

Pre-Registration Deadline – Thursday, Sept 21, 2017

To check availability after the deadline date please call: 301-894-7310

Register ONLINE here or Download a faxable registration form here or Call 800-321-5011 (mention meeting code: # 8138-1838)

Click here to view a list of attendees.

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