The Laureate is a 268-unit mixed-income, mixed-use, new construction project just steps away from Metro’s red line Shady Grove station in the Derwood community of Rockville. The development, the first to utilize the County’s innovative Housing Production Fund (HPF), includes:
- 10,800 sq. ft. of ground floor amenity space including a lobby lounge, theater, pet spa, children’s area, fitness room, and entertainment kitchen
- 9,600 sq. ft. of first level courtyard space including outdoor grilling stations, lounge, and pool area
- 23,000 sq. ft. of retail space
- Six-story, above-grade parking garage with nearly 470 spaces for residents, HOC customers, and retail patrons
