About Falkland North Planned Redevelopment

Falkland Chase Apartments is located in downtown Silver Spring. The property is divided into three separate parcels (north, south and west) at the intersection of 16th Street and East West Highway.

Home Properties is proposing to redevelop the 7.5 acre north parcel of the property into a transit-oriented, mixed-use community with approximately 1,000 rental apartment homes:

• 1,000 rental apartments homes will generate 125 MPDUs
• 1,000 new apartments will result in 47 units on the North Parcel being dedicated to the County's workforce housing program for a period of 20 years
• 1,000 new apartments will result in the dedication of 47 units on the South and West Parcels to the County's workforce housing program for a period of 20 years
• Home Properties owns the Woodleaf Apartments in White Oak, which has been home to an HOC rent supplement program that was due to expire in May 2009.  Home Properties has offered to extend a modified version of this program through December 2010.  As part of its Falkland proposal, Home Properties remains committed to providing affordable homes at Woodleaf to households earning less than 65% of Area Median Income for an additional 20 years.
• 60,000 to 75,000 square feet of retail along East West Highway including Harris Teeter grocery store, restaurants and service retail
• New community amenities (pool, club/media room, fitness facility, business center and playground)
• Improved and activated streetscape, incorporating the Silver Spring CBD streetscape initiative with 15’ sidewalks, a double row of street trees and improved lighting
• Restoration of a 1+ acre park in the south parcel

For a history of zoning since 1985, please click here.