: News
Matt Bush
Taxes would be increased on commercial properties in the White Flint area of Montgomery County to pay for infrastructure upgrades related to redevelopment in the area.
By Matt Bush
In Maryland, council members in Montgomery County will hear today how new development in North Bethesda will be financed.
The council approved a plan earlier this year to redevelop the White Flint area off of route 355 in North Bethesda.
Council members said it was needed because the area currently consists of strip malls, something considered an eyesore.
The new development will focus on housing that will be within walking distance of the White Flint metro station, as well as a planned MARC station. Paying for the infrastructure is the first part, and council president Nancy Floreen says the council is trying a different approach for the project.
"The overall idea is to tax properties within the White Flint sector area to contribute to a fund for infrastructure improvements. And that will evolve over time," says Floreen.
Floreen says further details about the tax will come out today.
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