Company says preference will keep hundreds of jobs in Montgomery County
Rendering of designed building during 4747 Bethesda Ave.
Via JBG Cos.
JBG Cos. on Wednesday suggested it will pierce a domicile from Chevy Chase to an bureau building underneath growth during 4747 Bethesda Ave. in Bethesda.
The 14-story building that JBG aims to finish in 2019 will persevere 280,000 block feet to bureau space and 7,000 block feet to retail, according to a press release. The proclamation came as JBG is scheming to combine with Vornado/Charles E. Smith and indicated that a new entity called JBG Smith will pierce into a building’s reduce floors.
“The contentment of movement options, excellent schools and strong amenities make this a superb plcae in that to do business,” W. Matthew Kelly, JBG handling partner, pronounced in a prepared statement.
The domicile preference will keep some-more than 230 employees in Maryland, move 138 additional jobs to a state and emanate 55 new positions, according to a release. JBC Cos., a region’s largest growth company, is now formed during 4445 Willard Ave. in Chevy Chase.
Gov. Larry Hogan called JBG’s preference a “win for Montgomery County and for Maryland,” and County Executive Ike Leggett pronounced a developer has “contributed immensely to a region’s community-building and mercantile vitality,” a recover stated.
JBG mouthpiece Julie Chase pronounced a association had deliberate relocating outward a state.
“We’re always looking around a DMV, so we were looking during other locations,” she said.
The bureau building during a dilemma of Woodmont and Bethesda avenues will mount subsequent to another JBG plan during 4749 Bethesda Ave., a plcae that will accommodate gourmet food tradesman Dean DeLuca.