Gaithersburg City Staff is currently reviewing the Final Site Plan application (SP-9569-2023) for a 234 unit residential building with integrated parking garage at 103 and 203 Spectrum Ave. within the Spectrum development off of Watkins Mill Rd. and N. Frederick Ave (355) in Gaithersburg.
The subject area currently consists of a surface parking lot and an undeveloped lot. Per planning documents: “As shown in the following building elevations, Paramount North would be six stories in height, with four to six residential stories (depending on the grade) above a three-level below grade parking garage. Paramount North is designed to fit harmoniously within the Spectrum by emphasizing four-sided architecture comprised of a mix of durable materials such as brick, cast-stone accents, and form- lined concrete.
This elevator-driven building will utilize many of the same features that have helped the existing apartments at the Spectrum achieve and maintain 98% occupancy including first-class units and amenities, secure structured parking, and elevated landscaped terraces that also serve to break up the building mass.” A public hearing will soon be scheduled for Gaithersburg City Council to make a decision on the final site plan.