All articles tagged with #viva white oak
Costco has been announced as the anchor tenant for the Viva White Oak project in eastern Montgomery County, signaling a major component of the planned mixed-use development in White Oak and potential retail-driven revitalization for the area.
Costco Wholesale plans a 162,000-square-foot store as the first major retail anchor for the 280-acre VIVA White Oak mixed-use project in Montgomery County, near the FDA campus and White Oak Medical Center. The $2.8 billion development aims to include housing, hotels, office space, and more, with infrastructure funded by the county’s first Tax Increment Financing district, potentially delivering up to $320 million for roads, trails, and utilities and creating thousands of jobs over time.
Montgomery County celebrates a significant economic boost with Samsung Biologics establishing its first US manufacturing site in Rockville, alongside major biotech investments like Astra-Zeneca and X-energy, and the development of the Viva White Oak project, which will create thousands of jobs and housing units.