DOUGLAS DEVELOPMENT BUYS DOWNTOWN BETHESDA PARKING LOT (PHOTOS)

DC development powerhouse Douglas Development now has a third potential redevelopment site in downtown Bethesda. A Douglas real estate subsidiary, Jemal's Del Ray LLC, has acquired a parking lot at 4906 Del Ray Avenue for $2,000,000. The lot is located directly behind Home Care Assistance, formerly the home of longtime tenant O'Rourke, Ltd. Jewelers.

Douglas has two other properties poised for redevelopment in town. One is on the boards now, a luxury apartment building at 8008 Wisconsin Avenue. A second property, currently occupied by Tommy Joe's and Pines of Rome, is owned by Douglas, but no redevelopment plan has been announced publicly for it to date.

The parking lot is located to the
right of this building, along
Del Ray Avenue

Top photo: Google Maps
Bottom photo: Robert Dyer @ Bethesda Row