
Town Square
Town Square is a public/private
partnership between nationally recognized developers RD Rockville,
LLC and Federal Realty Investment Trust (FRIT) and the City of Rockville,
Montgomery County, and state and federal governments. The 15-acre area
includes retail, restaurant, entertainment, residential, and office
uses in addition to the new
Rockville Regional Library,
a new town square; and three public parking garages. A special
features of Town Square is the Arts and Innovation Center, which houses
the Metropolitan Center for the Visual Arts [VisArts],
formerly known as Rockville Arts Place, and the
Rockville Innovation Center, a new business incubator.
The project cost is estimated at $300 million, with more than 70
percent coming from private funding.
Town Square also has approximately 650 residential condominiums
and apartments, and a mix of local, regional, and nationally
recognized retail and restaurants.
Learn more about Rockville's Town Center Master Plan.
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