The Springvale Terrace senior housing community is slated for redevelopment, according to the Washington Business Journal.
WBJ reports that the planned redevelopment would preserve and significantly increase affordable housing units.
The 146-unit Springvale Terrace senior housing complex is located at 8505 Springvale Rd. near downtown Silver Spring, close to the Dale Drive station on the upcoming Purple Line. The site is part of the county’s Silver Spring Downtown and Adjacent Communities Plan, which was adopted in 2022 and encourages updating the zoning code for the development of diverse housing types within the plan’s borders.
The joint project will have 237 units with rents capped for low-income seniors 62 and older, developed by D.C.-based Seabury Resources for Aging Inc., which will celebrate its 100th anniversary next year, and Silver Spring nonprofit Enterprise Community Development.
Preliminary sketches and site plans have been submitted to the county, and construction is tentatively scheduled to begin by the third quarter of 2024, according to WBJ.
Enterprise Community Development said in a statement that the Springvale Terrace redevelopment will help address the critical need for affordable independent senior apartments in the area. “The building infrastructure is in constant need of repair, not energy efficient, and is approaching the end of its useful life,” Enterprise said.
Rendering Courtesy of KGD Architects