Elizabeth Square
Location: Silver Spring, MD
Client: Housing Opportunities Commission of Montgomery County
Size: 374,000 SF
Axias Role: Cost Estimating
The Elizabeth Square project includes three phases and approximately 900 apartment units. Phase I was completed in June 2019, renovating an existing 16-story multi-family building that now has new eye-catching digital arts public use space. Phase II is expected to be completed by 2023, with 13 stories dedicated to seniors living in a building with health and wellness public use spaces; at the base is a LEED Gold Certified recreation center that includes an Olympic-size public swimming pool and gymnasium with a high school size basketball court. Phase III is estimated to be ready in 2023, with 19 stories to provide apartments and amenities geared toward millennials, and includes a public workspace for artists. The project is designed to be LEED Silver Certified. The project is designed by KGD Architecture. Axias provided cost estimating services in the early stages of the project.