Retrofit Atlas

Strip centers · Maryland

Rio Residential Project

Imported, unreviewedRedevelopedRetrofit proposedGaithersburg, MD

Proposed strip mall redevelopment to housing/retail (500 units, 43k SF retail); context includes nearby proposed project and demolished mall; unverified draft status. · summary, model-written

Ask who owns this Download dossier (PDF) · early access Download record (JSON) API Share LinkedIn Correct this record

Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from. documented = a quoted excerpt (click to read it) · reported = a source named, no excerpt yet · no source.

Map view. No verified photo yet. Send one.

Site profile8 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: …up to 500 multi-family residential units and 43,000 SF of retail uses in four buildings record · all sites with this
New use
HousingThis site: …up to 500 multi-family residential units and 43,000 SF of retail uses in four buildings newtypes-extraction · all sites with this
Retail (continued)This site: …up to 500 multi-family residential units and 43,000 SF of retail uses in four buildings newtypes-extraction · all sites with this

All elements and lists · Trends

Now

StatusRetrofit proposednewtypes-extraction reported
StrategyRedevelopment, proposedWikipedia no source
New useshousing, retailWikipedia no source
What is there nowup to 500 multi-family residential units and 43,000 SF of retail uses in four buildingsnewtypes-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: Casey Rosedale (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

Proposed redevelopment of a former retail strip mall into housing and retail. Planned: up to 500 multi-family units and 43,000 SF retail across four buildings. Status: proposed (not built).

Why. Nearby context: 0.0 km to another proposed project (Casey Rosedale), 1.7 km to demolished Lakeforest Mall. Housing market data (ZHVI $607k, ZORI $2,283) is dated 2026-09 (unknown current status).

Where it stands. Record status: draft (unverified). No current ownership or construction start date provided. Retail trend shows declining establishments (-12.6%) and employment (-4.7%) since 2012 (county data).

For a planner

  • No current permits or construction noted.
  • Traffic: 26,750 ADT on principal arterial (6 lanes) near site.

For a developer

  • No developer named. Housing market data future-dated (2026).
  • Peer projects nearby (e.g., Rockville Mall, 7 km away) are built or proposed.

What we do not know yet

  • Verified status: draft (details unconfirmed).
  • 2026 housing market data not current. No timeline for approval or build-out.

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
  • Casey Rosedale, Gaithersburg, MD · Garden apartments · 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

Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar

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: Rio Residential Project proposes to add up to 500 multi-family residential units and 43,000 SF of retail in four buildings throughout Washingtonian Center.

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

Sources

More in Maryland