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COMMERCE BUSINESS DAILY ISSUE OF MAY 19,1995 PSA#1350Washington Metropolitan Area Transit Authority, Joint Development
Section, 600 Fifth Street, NW, Washington, DC 20001 X -- LEASE OR RENTAL OF FACILITIES DUE 081495 POC Alvin McNeal, (202)
962-1240 The Washington Metropolitan Area Transit Authority (WMATA)
invites proposals in response to its prospectus for development of
45+/- acres at the White Flint Metrorail Station in Montgomery County,
Maryland. The property is located at the intersection of Rockville
Pike and Marinelli Road in North Bethesda and consists of 2 parcels:
White Flint West, 12 acres to the west of Rockville Pike, and White
Flint East, 33 acres to the east of Rockville Pike. White Flint West is
currently improved with a 1700 space surface parking lot, kiss and ride
facilities and 6 bus bays. An underground tunnel connects this parcel
with the station. White Flint East is improved with the station
facilities and a parking lot for persons with disabilities. A short
term lease for 16 of the 33 acres of White Flint East for operation of
a golf driving range will expire on December 31, 1999. The lease will
not interfere with the long term planning for the site, although
control of the currently leased portion of the site will not be
available to the selected developer until the lease expires. WMATA may
offer a long-term lease (99 years) of its development rights for
portions of the property developed for commercial lease or residential
rental. WMATA will consider selling those portions of the site planned
to be developed as residences for fee simple sale. Interested parties
can obtain a copy of the prospectus by calling Mr. Alvin R. McNeal,
Manager, Joint Development Branch, at (202) 962-1240 or writing Mr.
McNeal at WMATA, Room 6G-03, 600 Fifth St., N.W., Wash., D.C. 20001.
Proposals must be submitted by noon, local time, August 14, 1995.
(0137) Loren Data Corp. http://www.ld.com (SYN# 0136 19950518\X-0001.SOL)
X - Lease or Rental of Facilities Index Page
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