Business Notes: Four Projects Expected To Bring Office Space Boom to Bethesda

Two new retailers open during Clarksburg Premium Outlets; state loses 5,500 jobs in October

Rendering of JBG Smith's designed redevelopment of 4747 Bethesda Ave.

Rendering of JBG Smith’s designed redevelopment of 4747 Bethesda Ave.


Bethesda bureau marketplace scheming for boom

Office space in downtown Bethesda has remained prosaic for some-more than 15 years, though an liquid of new projects is scheming to change that fact, according to The Washington Business Journal [story is behind a paywall].

Four mixed-use projects underneath construction or designed in Bethesda will supplement some-more than one million block feet of bureau space downtown:

The bureau developments will move a initial Class A bureau space to downtown Bethesda given Carr Properties finished a 225,000-square-foot 4500 East West Highway building in 2014.

Electric bike shop; Kung Fu Tea open during Clarksburg Premium Outlets

The opening core in Clarksburg welcomed dual new retailers this month. Electric Cycling House, a bike shop, sells pedal-assisted electric bikes and services bikes. It also rents electric bikes for people meddlesome in perplexing them for a day, a weekend or longer.

Kung Fu Tea, that sells a accumulation of traditional, divert and burble teas, as good as a operation of other drinks, also non-stop during a opening center. The sequence has some-more than 100 stores, including locations during Westfield Montgomery Mall in Bethesda and during a Downtown Silver Spring development.

State loses 5,500 jobs in October

Maryland’s Department of Labor reported final week that a state mislaid 5,500 jobs, though a stagnation rate remained during 3.8 percent. That rate stays next a inhabitant rate of 4.1 percent.

Sectors that saw pursuit waste embody trade, travel and utilities, that mislaid 3,200 jobs; veteran and business, that mislaid 1,400 jobs; and convenience and hospitality, that mislaid 1,400 jobs.

The preparation zone posted a pursuit benefit of 1,500, a health caring zone increasing by 1,500 and construction grew by about 500 jobs. Other sectors, such as manufacturing, saw smaller increases.

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