North Bethesda Project Connect

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NORTHBETHESDA PROJECT CONNECT

LIFE SCIENCE INNOVATION CORE

LIFE SCIENCE INNOVATION CORE AT NORTH BETHESDA

March 2024 MONTGOMERY COUNTY
PROJECT CONNECT

LIFE SCIENCE ASSETS IN MONTGOMERY COUNTY

Biotech tenants seek walkable, urban centers near transit. There are currently no existing high-density life science centers in mixed-use, transit-oriented environments in Montgomery County; although common in other high-rent markets like Boston, NYC, and San Francisco

North Bethesda (formerly White Flint) Metro Station links NIH, Howard Hughes Medical Institute, and Uniformed Services University to the Shady Grove Life Science Center

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THE VISION

Life science focal point at the North Bethesda Metro Station

Linking the public sector assets, such as the National Institutes of Health (NIH) and Bethesda Naval Hospital/Walter Reed, with the world-leading, private sector companies in the Shady Grove Life Science Cluster

Academic Research Institute providing the anchor for a walkable, transit-oriented mixed use and mixed income community where the next generation of life science companies and workforce can thrive

WHITEFLINT
Metro station entrance concept Walkable streets at Pike & Rose Bike Network New street grid, completed fall 2022 3 3

PATH FORWARD

Aided by $10 million in state grant funds - additional $6 million programmed in FY 2024 for projects that increase bike and pedestrian safety and access, and spur economic activity and applied for $25 million RAISE grant FY24 for the north Metro entrance, Project Connect.

If the RAISE grant is awarded, construction is estimated to begin in 2027 to complete street grid and create a “pad ready” site for master developer to bid, build and deliver a life science and tech hub

Montgomery County and WMATA signed a memoranda of understanding MOU for Joint Development Initiative WMATA will issue request for qualifications and select a master developer in summer 2024 for Metro

property development 4 4

METRO PROPERTY

REDEVELOPMENT

The 15-acre WMATA property at the North Bethesda Metro station offers a unique opportunity to build a research-focused, transit-oriented, mixed-use development

Spur private sector development of life science assets in the North Bethesda/White Flint area

Galvanize County’s and State’s continued growth and

B A WMATA GARAGE G NRC BUILDING 5 5

UNIVERSITY OF MARYLAND Partnering with the

UM Institute for Health Computing at North Bethesda

Establishes North Bethesda as a national epicenter of computationally enabled life sciences research

Leverages the University of Maryland’s leadership in medicine, life sciences, computer science, and engineering, with the County’s many private bioscience companies and federal agencies

World-class research hub for AI, machine learning, and VR/AR, facilitating knowledge discovery for human health and wellbeing

Immersive destination for life science, biomanufacturing and medical-professional training, contributing to the County’s hospitality industry

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Digital placemaking in Sydney, Australia

Next-generation augmented reality experiences and interactive displays invite and engage the public and contribute to placemaking at North Bethesda

In June 2021, Montgomery County, the University System of Maryland and Montgomery College signed an MOU to expand on the region’s leadership role in life and regulatory sciences education and innovation

On November 10, 2022, Montgomery County, UMCP, UMB, UMMS signed an MOU to establish the UM Institute for Health and Computing at North Bethesda

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TO THE REGION CONNECTING

Creating a compact, walkable community centered around transit

North Bethesda Metro Station (Red line) anchors the site, providing regional access. New northern Metro station entrance is funded for planning and design in the County’s six-year budget, with $4.5m in state grant funds. Construction, expected as part of the site developments, requires additional funds

County continues to upgrade walking and cycling infrastructure to better serve the daily, local trips of people of all ages, abilities and backgrounds

Expanding transit connections through future Flash Bus Rapid Transit and the Great Seneca Transit Network

Ride On buses 8 8
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Brings fast and reliable travel and more opportunity to a broad range of users

Links neighborhoods, retail hubs, job centers, regional Park and Ride lots, and Metrorail and Marc rail

Implementation prioritizes bringing fast and reliable transit to Equity Areas, Opportunity Zones and areas with existing high demand

Construction requires Federal funding

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“There’s no reason Montgomery County can’t and shouldn’t be the nation’s undisputed center for life and regulatory sciences. It has a thriving community of industry leaders; a strategic location near federal labs and agencies; and the full partnership of Montgomery College and the University System whose expertise in biotechnology and advanced computing is secondto-none.”

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