The Gaithersburg City Council has unanimously approved the preliminary redevelopment plan for the Lakeforest Mall site, paving the way for changes leaders hope will make the area in the Maryland suburb bustling once again.
The plan, approved during a special session Thursday night, calls for 250,000 square feet of what it’s calling “large-format retail space,” and another 220,000 square feet of space dedicated for commercial and entertainment or amusement use.
It also features 750,000 square feet for employment uses, according to city documents, and 1,600 housing units, some of which will be made affordable in accordance with Montgomery County policies.
