Metro is facing a projected $125 million shortfall in fare and parking revenue as well as declining ridership this year. Trial begins: Scientist alleges Chevy Chase research institution terminated her due to disability The number of residential units permitted will be determined by Montgomery County officials, who are working on a “ minor master plan amendment” for the property to determine its development potential. Metro board member Michael Goldman said during the meeting the project could bring up to 1,000 units to the site, but Fivesquares Principal Ron Kaplan told Bethesda Beat on Thursday the number could be higher than that. The existing surface parking lot at the Grosvenor-Strathmore Metro station. The agreement would allow the company to begin the planning and design process for a mixed-use residential project that would include at least 534 residential units. On Thursday, Metro’s board of directors authorized the transit system to negotiate a development agreement for its 412-space parking lot with the developer Fivesquares Development of Washington, D.C. A new neighborhood could rise over the next decade on the site of a surface parking lot at the Grosvenor-Strathmore Metro station in North Bethesda.
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