CHEVY CHASE, MARYLAND DELIVERING 2021
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CHEVY CHASE, MARYLAND
DELIVERING 2021
1
Chevy Chase Lake is a new mixed-use community in Chevy Chase, Maryland, one of the most
affluent neighborhoods in the DC metro area and in the country.
100,000 SF Retail 65 Luxury Condo Units 466 Luxury Apartment Units
2
QUI CK PR O JEC T FAC TS
$224 , 4 8 3 $ 1 ,0 0 5 ,3 7 9 83%
Average Trade Area Average Trade Area Residents with a Bachelor
Household Income Housing Value Degree or Higher
WITH IN 1 M ILE W I TH I N 1 M I L E W I TH I N 1 M I L E
PU R PLE LI N E STATI ON I- 4 9 5 Directly adjacent to iconic
Chevy Chase Lake station on site 2 blocks from the Beltway C A PITA L C R E S C EN T
complete in 2023
2, 200 PROJECT E D DA ILY R ID E R S
1 0,73 2 V E H I CL E S T R A IL
at Connecticut Ave Exit per day
3
ROCKVILLE
1
Superior Regional Location 270
95
295
eltway
Cap i tal B 495
NORTH
BETHESDA
Maryland
495 S I LV E R S P R I N G ro Line
Met
CHEVY CHASE New Purple
BETHESDA
G e orge W
CO
as
16TH STREET
h
N
NE
CT
ing
ROCK CREEK 295
WIS
ICU
PARK
50
to n M
TA
1
CO
VE
N
SIN
E
AV
AVE
D u l l es Toll R d mo
Washington DC
e
D
AN
ria EI
SL
95
D
RHO
lP
kw
y
DUPONT
CIRCLE 50
GEORGETOWN
DOWNTOWN
295
TYSONS 395 CAPITOL
a l Beltw ay
CORNER HILL
66 NAVY
Y A R D 695
SOUTHWEST
WAT E R F R O N T
ARLINGTON
50
pit
Ca
Virginia NATIONAL Ronald
Reagan
495 LANDING- National 495
Airport
AMAZON HQ2
295
1
4
395
Chevy Chase Developments
P D
5 3 V
- 31,0
P I T O L B E LT WAY
CA
G
EO
RG
IA
AV
WALTER REED MILES
E
0.5
NATIONAL MILITARY
1M
NATIONAL INSTITUTES MEDICAL CENTER
SILVER SPRING
ILE
OF HEALTH 243 Acre Campus
11,686 Employees (15 minute drive to Chevy Chase Lake)
300 Acre Campus 288 Hospital Beds ER
D
RIDG
20,262 Employees E SB
242 Hospital Beds
JON
IL
Existing Office SF 6,700,000 SF
N T TRA
HOWARD ES
CE
HUGHES L CR Residential Units 12,619
I TO
MEDICAL AP
C
Residential Under Construction 526
INSTITUTE
ROCKV
36 Acre Campus
2,382 Employees
ILLE PIK
Existing Office SF 1,100,000 SF
E
S Residential Units 931
LE
MI
5
0. COLUMBIA Residential Under Construction 395
COUNTRY
CLUB WES
T HIG
HWA
Y
EAST
BETHESDA
(8 minute drive to Chevy Chase Lake)
CANDY CANE
CITY PARK
16TH STREET
Existing Office SF 8,200,000 SF ROCK CREEK
CONNECTICUT AVE
PARK
GEORGIA AVE
Office Under Construction SF 1,700,000 SF
C
D
Residential Units 5,808
D
N
A
N
L
TO
Residential Under Construction 1,290
Y
R
ROCK CREEK
G
A
IN
M
PARK GOLF
H
S
COURSE
A
W
WISCO
CHEVY CHASE
NSIN AV
CLUB
E
5
Located in One of the Region’s Most Affluent Neighborhoods
10 MIN DRIVE
270
ay 495
S
Capita l Beltw
ILE
S
ILE
3M
2M
LE
1 MI
Maryland
495
neighborhood demographics
10 MIN
1 MILE 2 MILES 3 MILES DRIVE
Avg HH Income $241,984 $198,368 $176,996 $171,896
Geo
rge
W
a
sh
Avg Housing Value $1,035,581 $962,328 $860,893 $789,345 ROCK CREEK
ingt
PARK
Education
Virginia
16TH STREET
on M
WI
CO
% of residents with Bachelor 82% 80% 77% 74%
SC
NN
Degree or higher
ON
EC
SIN
emo r
ICUT
Population 11,916 68,134 177,547 213,474
AV
TA
Washington DC
E
al
VE
Pkw
i
Employees 7,801 79,919 146,960 189,892 y
6
LN
IL L R D
R
A
ED
.C
W
JO N E S M
NATIONAL INSTITUTES
OF HEALTH C A P ITA
L B E LT
WAY ROCK
CREEK
355
PARK
CREEKSIDE OF
185 CHEVY CHASE
16 Planned Condo Units
WALTER REED
RO CK VI LL E
Delivers Q4 2019
NATIONAL MILITARY
MEDICAL CENTER
PI KE
RD
D GE
BRI
ES HOWARD
JON
HUGHES
MEDICAL
INSTITUTE
RD
N OR TR
AIL
NT
MEDICAL CENTER MA E SC
E
CR
STATION OL
10,260 DAILY RIDERS CA
PIT THE BROWNSTONES
AT CHEVY CHASE LAKE
67,472 VPD
62 Ultra Luxury Townhouses
CONNECTICUT AVE STATION
(PURPLE LINE STATION OPENING 2023)
2,200 DAILY RIDERS PROJECTED BY 2040
THE LINDLEY
W IS C O
200 Apartment Units
N S IN
THE CRESCENT AT CHEVY
CHASE LAKE
COLUMBIA
AV E
116 Apartment Units
Delivers 2021
COUNTRY
CLUB
CONNECTICUT AVE
D
BETHESDA STATION
ER
32,846 DAILY RIDERS
ILL
KV
BE
OO
AC
BR
H
PD
00 V
DR
8 MEDICAL CAMPUSES
- 19,
H WY
EST
T- W RESIDENTIAL DEVELOPMENTS
EAS
7
PROGRAMMING
A Vibrant Town Center Community in the Heart of Chevy Chase, MD
8
OUR
CUSTOMERS
TOP TIER METRO RENTERS URBAN CHIC
Average Household Size: 2.84 Average Household Size: 1.67 Average Household Size: 2.39
47.3 32.5 43.3
• Big spenders with big • Single • Financially stable Professionals
26% purchasing power 17% • Live alone or with roommate 15% • Sophisticated, exclusive lifestyle
within a 10 min drive • Highly educated professionals within a 10 min drive • Late 20s and 30s within a 10 min drive • Busy, well connected,
who have reached corporate well educated
career goals • Spend on rent, clothes, and
technology
• Accumulated average net
worth of over $1.5M • Live close to work
9
TO
WASHINGTON, DC
BUILDIN G 3
Delivery in Q3 2021 B UI L D I N G 1
280 Apartments MA
NO Delivery in Q4 2022
R
RO 186 Apartments
AD
B UI L D I N G 2
Delivery in Q3 2021
65 Condo Units
E
T AV
U
C TIC
N NE
CO
TO
BELTWAY I-495
10View from Connecticut Avenue Northbound
11View from Connecticut Avenue Southbound
12S IT E PLAN
PHASE 1 MANOR ROAD
201
BANK
B UI L D I N G 2
209 SF
B UI L D I N G 3
202 RESIDENTIAL/RETAIL
RESTAURANT LOADING
PD
5,081 SF
V
208 EXCLUSIVE RESIDENTIAL
GROCER LOBBY
BANK
72
ELEVATOR
3,943 SF
PHASE II
7,4
203 RESIDENTIAL ELEVATORS TO GARAGE
| 6
FAST LOBBY RETAIL PARKING RAMP
65 UNITS
CASUAL
RESIDENTIAL/
1,610 SF 207
E
RETAIL
NU
RETAIL PARKING
ENTRANCE
204
E
1,098 SF
AC
VE
RETAIL
RR
1,930 SF
TA
205
TE
FAST CASUAL
ICU
KE
2,835 SF 301
LA
RETAIL
CT
3,011 SF
SE
NE
FIRE
HA
CONTROL
303
N
YC
GROCER
CO
46,274 SF
EV
302
CH
RESTAURANT
5,343 SF
BUILDING 1
303
FAST CASUAL
ACCESS 1,226 SF
102 TO
RESIDENTIAL
PHARMACY LOBBY
RESIDENTIAL
10,256 SF 186 UNITS RESIDENTIAL
LOBBY
LOBBY
280 UNITS
304
103 104 RETAIL
RETAIL FAST 2,076 SF
4,360 SF CASUAL
ELEVATOR TO GARAGE RESIDENTIAL
RETAIL PARKING 2,714 SF 305 RAMP LOADING
BELOW & PURPLE RETAIL RETAIL
LINE ABOVE LOADING
1,928 SF
RESIDENTIAL/RETAIL LOADING ENTRANCE
RESIDENTIAL/
LOADING & TRASH RETAIL
PARKING
ENTRANCE
PURPLE LINE PLATFORM
20 FT ABOVE LOADING
CAPITOL CRESCENT TRAIL
13
P U R P L E L I N E & S TAT I O N C O M I N G S O O N ( 2 0 2 3 )B2
B3
METRO B1
LEVEL 4
293' - 1"
LEVEL 3
283' - 1"
LEVEL 2
273' - 1"
Purple Line
Platform
Stairs to
Purple Line
Platform Cross Section of the stairs from RES. LOBBY
Retail on ground level to the
255' - 0"
B1 STAIRCASE
OPTION 1 Purple Line platform above. Elevator to Platform Retail Fronting Town
LONGITUDINAL SECTION
& Parking Garage Square at Grade
8
SCALE: 1/4" = 1'-0" ST-01
LEVEL 4
293' - 1"
LEVEL 3 LEVEL 3
283' - 1" 283' - 1"
LEVEL 2 LEVEL 2
273' - 1" 273' - 1"
SECTION 9 SECTION 5
SCALE: 1/4" = 1'-0" ST-01 SCALE: 1/4" = 1'-0" ST-01
View of stairs down from Purple Line platform to Retail below View of the Retail plaza from Purple Line platform stairs View from Retail level up to STAIRCASE
the Purple Line platform
14
CHEVY CHASE LAKE - BUILDING B1
STAIRCASE VIEW
CHEVY CHASE LAKE - BUILDING B1
07/30/18S IT E PLAN
KEY
GROCERY RETAIL RESIDENTIAL
PARKING PARKING PARKING
PARKING LEVEL P1
RETAIL PARKING:
ACCESS TO & FROM
GROCER CUSTOMERS: STREET LEVEL
127 PARKING SPACES
NON-GROCER CUSTOMERS:
RETAIL
265 PARKING SPACES LOBBY
BICYCLE PARKING
& REPAIR
RETAIL LOBBY
ELEVATOR TO
RETAIL & PURPLE LINE
PLAZA LEVEL
BICYCLE
STORAGE BICYCLE
PARKING
ACCESS TO & FROM
STREET LEVEL 15S IT E PLAN
KEY
RETAIL RESIDENTIAL
PARKING PARKING
PARKING LEVEL P2
RETAIL PARKING:
GROCER CUSTOMERS:
127 PARKING SPACES
NON-GROCER CUSTOMERS:
265 PARKING SPACES
16RETAIL
LEASIN G
+
+1 202 783 8200
L I SA STO D DA R D
lisa.stoddard@cbre.com
202.585.5519
CASEY BENSON
casey.benson@cbre.com
202.585.5669
MICHAEL SMITH
msmith@streetsense.com
240.479.7165
© 2020 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent
investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed
on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Photos herein are the property of their respective
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