USGBC NCR’s Montgomery County Committee collaborated with Federal Realty Investment Trust to invite the community to the LEED plaque ceremony for the Pike & Rose development in Bethesda, MD on Thursday, May 16th. Federal Realty selected to host the event at AMP, a live music venue located on one of the first parcels developed at Pike & Rose.
Paladino was proud to be a sponsor of the event, which included a presentation from Federal Realty and Paladino, a light breakfast, a plaque ceremony and a self-guided tour of the development.
Pike & Rose is North Bethesda’s hottest new Live-Work-Play development. Located in the heart of Montgomery County on Rockville Pike, Pike & Rose is reinventing one of the area’s most successful retail corridors with an unrivaled LEED Gold for Neighborhood Development design.
Paladino and Company CEO, Tom Paladino was joined on stage by FRIT VP and General Manager of Pike & Rose, Mickey Papillon. The team walked attendees through Federal Realty’s vision for Pike & Rose and the unique sustainability features at Pike & Rose.
By putting Placemaking at the core of the Pike & Rose development, Federal Realty created a sense of neighborhood that is marked by a connection to music and nature for people of all ages and demographics. Diverse members of the community come together for events such as farmers markets, outdoor exercise classes, a playground, and a “beach”. Federal Realty included sustainability features that elevate the residents and visitors of Pike & Rose experience with features such as: the solar array at the parking garage that created an additional covered parking level; the urban farm that produces food for the local community; and the stormwater management system that is used to water the vegetation at Pike & Rose, among many others.
While the project takes advantage of precedent developments, FRIT recognized early on that Pike & Rose deserved a unique set of solutions that are customized to the location, community, and local ecology. By engaging the local government and community Federal Realty was able to ensure that Pike & Rose remained uniquely tailored to Rockville. You can read all about the sustainability strategy and results in the project case study.
Seeing this project come to fruition after years of hard work with the FRIT and various architecture teams is hugely rewarding. The LEED ND Gold certification is a validation of an exciting and enduring vision set for the project on day one.
In addition to our colleagues from Federal Realty Investment Trust and USGBC, Nina Weisbroth, a representative of Congressman Jamie Raskin joined the group to recognize the achievement of Pike & Rose.
What’s next for Pike & Rose? Sky’s the limit. The development is zoned for additional developments and redevelopments of some of the current parcels. By focusing on creating the right tenant mix and creating opportunities to engage the local business community, FRIT ensures that the development will flourish in the long-term.