Retrofit Atlas

Garden apartments · Maryland

Casey Rosedale

Imported, unreviewedRedevelopedRetrofit proposedGaithersburg, MD

Proposed 434-unit mixed-income housing project (median rent $2,030) in Gaithersburg, MD, adjacent to identical Rio Residential Project (0 km) and demolished Lakeforest Mall (1.7 km). No parcel/deal details provided. · summary, model-written

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Site profile7 elements · what this retrofit is built with · tap a chip for the evidence

Finance and pipeline
Retrofit in the pipelineThis site: …proposed newtypes-extraction · all sites with this
Place
3+ other atlas sites within 10 kmThis site: 4 within 10 km computed · all sites with this
County lost 10%+ of retail establishments since 2012This site: -13% census-cbp · all sites with this
County permitting 2,000+ apartment units a yearThis site: 2,149 units, Montgomery County census-bps · all sites with this
County typical rent $2,000+This site: $2,283/mo zillow · all sites with this
Strategy
RedevelopedThis site: …a new mixed-income multi-family residential neighborhood containing up to 434 units record · all sites with this
New use
HousingThis site: …a new mixed-income multi-family residential neighborhood containing up to 434 units newtypes-extraction · all sites with this

All elements and lists · Trends

Now

StatusRetrofit proposednewtypes-extraction reported
StrategyRedevelopment, proposedWikipedia no source
New useshousingWikipedia no source
What is there nowa new mixed-income multi-family residential neighborhood containing up to 434 unitsnewtypes-extraction reported

Site context

Housing permits, Montgomery County (MD), 20242,149 units in 5+ unit buildings, 16 in 2–4, 1,491 single-family; 2023: 1,840 in 5+Census BPS
Other atlas sites nearby4 within 10 km, 15 within 25 km: Rio Residential Project (0.0 km); Lakeforest Mall (1.7 km); Rockville Mall (7.0 km); RedGate Park and Arboretum (7.9 km)computed
Retail trade in the county, 2025 (BLS QCEW)40,341 jobs in 2,373 establishments; average annual pay $49,993; employment location quotient 0.89; employment -1.8% on the yearBLS QCEW 2025, NAICS 44-45, private
Jobs located in the tract, 20224,260 jobs; 26 in retail trade, 13 in accommodation and food (workplace blocks summed to tract 24031700727)Census LEHD LODES8 WAC 2022
Upward mobility (Opportunity Atlas, 2010 tract)children of low-income (25th percentile) families reached the 43th income percentile as adults; 3.5% incarcerated at the 2010 count (292 children in the sample); born 1978–83, measured 2014–15Opportunity Insights
Food access (USDA FARA 2019, 2010 tract)not a low-access tract at 1 mile; poverty rate 10.4%; median family income $93,333; 142 SNAP householdsUSDA ERS
SchoolsMontgomery County Public Schools (PK-12); 6 public schools within 1 mile: Gaithersburg Elementary; Gaithersburg Middle; Gaithersburg High; Summit Hall ElementaryNCES EDGE
Elevation513 ft above sea level at the site pointUSGS 3DEP
Storm events in the county, 2016-2025810 county-logged events: 443 thunderstorm wind, 160 flood, 136 flash flood, 55 hail; $30,850,100 property damage reported; 2 direct deaths; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events
Homes for sale in ZIP 20877, 2026-09median list price $560,000 (+2.5% on the year); 43 active listings; median 45 days on market; 15% with a price cutRealtor.com Research
Retail trade in the county, 2012 to 20232,358 establishments (-13%); 43,577 jobs (-5%)Census CBP
Housing market in the countytypical home value $606,938 (-0% 1 yr, +10% 5 yr); typical rent $2,283/mo (+1% 1 yr), 2026-09Zillow Research
Traffic on the busiest road within 600 m (2024)26,750 vehicles a day on 355 (principal arterial, 6 lanes); 723 trucks; 24 counted segmentsFHWA HPMS

Summary, model-written

Casey Rosedale is a proposed garden-apartments project in Gaithersburg, MD, redeveloping former housing into mixed-income residential. It will contain up to 434 units. Median rent is $2,030. The project is in a cluster with the identical Rio Residential Project (0 km away, also proposed) and the demolished Lakeforest Mall (1.7 km).

Why. The project aligns with regional housing trends: Montgomery County permits show 1,491 single-unit residential permits issued in 2024. Zillow reports a 2026-09 ZORI of $2,283 (rent), matching the project's median rent. The site is on a 6-lane principal arterial (road 355) with 24 traffic segments within 600m.

Where it stands. Status is proposed. No parcel or deal details are provided in the record. The project is not yet built, approved, or sold. The context cluster shows 4 nearby projects within 10km, including 3 other redeveloped mall sites (Rockville Mall, 7km; others 29-30km).

For a planner

  • Proposed housing project in a high-permitting area (1,491 units in 2024).
  • Nearby demolished mall (Lakeforest) and identical project (Rio Residential) suggest active redevelopment pressure.

For a developer

  • Median rent ($2,030) aligns with ZORI ($2,283).
  • No parcel/deal data available; status remains proposed.

What we do not know yet

  • No confirmation of approval or construction timeline.
  • Parcel boundaries, ownership, or financing details are not in the record.

Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

Similar sites

  • Landover Mall, Landover, MD · Malls · same strategy: redevelop; also in MD; 38 km away
  • Rio Residential Project, Gaithersburg, MD · Strip centers · same strategy: redevelop; also in MD; 0 km away
  • Laurel Mall, Laurel, MD · Malls · same strategy: redevelop; also in MD; 29 km away
  • Rockville Mall, Rockville, MD · Malls · same strategy: redevelop; also in MD; 7 km away

Elsewhere on the web

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Multifamily screen

  • already in play: under construction, approved, or sold to a developer with housing plans
  • median rent $2,030
  • housing in the record

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

History and original facts

CountyMontgomery County
Census division5 · South Atlantic
NotesDraft from gaithersburgmd.gov, model-extracted, unreviewed: Rosedale Apartments are proposed to be redeveloped into a new mixed-income multi-family residential neighborhood with up to 434 units.

Not yet recorded: acres, GLA, year opened, original developer, retrofit year. Know it? Tell us.

Sources

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