Upon the relocation of Marriott International, Inc., in 2022, Erickson Living plans to redevelop the 775,000-square-foot global headquarters into a continuing care retirement community.
Acquisition of the headquarters, located in Montgomery County’s Rock Spring area just off of I-270 in North Bethesda, was completed in December 2018.
“As a thriving urban center, this location provides an ideal opportunity to further expand our service offerings in the State of Maryland, as well as Montgomery County,” said Alan Butler, chief executive officer of Erickson Living. “As a trusted leader in senior housing and health care, we embrace the opportunity to serve communities by meeting the growing demand for senior housing.”
Specific payment details on the property sale are not being disclosed at this time. The Master Plan for the Rock Spring area of Montgomery County was updated by the Maryland-National Capital Parks and Planning Commission in 2018. While Rock Spring has been developed over the years as a suburban office park, the updated plan encourages more residential and retail uses.
Erickson Living manages other communities in Maryland, including Charlestown in Catonsville, and National Senior Campuses’ communities of Riderwood in Silver Spring and Oak Crest in Parkville.
Erickson Living is one of the nation’s largest senior living providers and has been recognized as a National Top Workplaces providing dynamic and rewarding environments for its career professionals.
More information regarding Erickson Living is available at EricksonLiving.com.