6610 Rockledge Drive
BoundTrain has been engaged to lead design, site plan approval, permitting and financing for the redevelopment of a 4.43-acre site within Rock Spring Park. The planned project includes approximately 269 multifamily units, with a projected development cost of approximately $108 million, and intends to utilize HUD 221(d)(4) construction financing.
The existing, 160,000 SF office building will be demolished and replaced with a new six-story residential community. The two-level parking garage will be preserved and incorporated into the redevelopment. Predevelopment began in October 2025, with construction targeted to start in fall 2027.