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EYA Closes on Land for Rockville Retail-to-Residential Redevelopment
D.C.-based developer EYA has closed on the land at the former Rockshire Village Center in Rockville, Maryland.
The closing marks a major milestone in EYA’s plans to rezone and transform the long-vacant shopping center into a vibrant, connected neighborhood featuring a mix of new homes, retail and public open space that puts “life within walking distance.”
EYA’s redevelopment will replace the vacant retail strip with a plan that includes up to 5,200 square feet of commercial space for retailers or office users. Rockshire is just one of EYA’s several large-scale commercial-to-residential transformations across the DMV. “We worked closely with the city and community to transform this outdated commercial site into a vibrant, walkable neighborhood,” said Aakash Thakkar, Chief Acquisitions Officer at EYA..
Located on a 7.3-acre site in the Wootton High School district in Montgomery County, the new Rockshire community will feature 60 total residential units, including 31 single-family detached homes and 29 townhomes.
