Montgomery County thinks urban...except when it comes to banks

M&T Bank in Downtown Silver Spring
Image Courtesy of Adam Fagen

This article one part of a multi-segment series titled The Urban Transformation, which takes a look at how certain public institutions and private businesses are adapting to nascent urban environments

Montgomery County, MD probably utilizes more new urbanist, smart growth principles in development planning than pretty much every other jurisdiction in the DC Metro region (outside of Washington D.C. itself), and more so than most suburban counties in the nation. However, while new walkable, transit-oriented urban centers in the county have been rapidly growing over the past decade or so with the construction of new high-density, mixed-use development built along these principles, it seems that one type of business has stubbornly resisted the urban transformation: bank branches.

The typical template for mixed-use development in Montgomery County's urban centers comprises either residential units or commercial office space (relatively rare in these days of high vacancy rates across the Metro area and limited government and business expansion) above ground-floor retail in mid- or high-rise buildings. When I use the term "retail" I'm encompassing a wide range of businesses such as: restaurants, nightclubs, barbers, supermarkets, pharmacies, bars, bank branches, etc. The combination of uses in these mixed-use developments is crucial to creating a true urban environment where residents can live, work, shop, and play, and the streets are active from dawn well into the night.

For some reason, banks (in Montgomery County's urban areas) have shied away from this type of development, while pretty much every other form of "retail" has embraced it. There are a number of new bank branches popping up in the county's urban areas, but many as traditional stand-alone single-story buildings with parking, rather than on the ground-floor of multi-story buildings. Some of these locations are pretty high-profile and on very valuable plots of land. 

Soaring to New Heights: The Growing Airports of the Mid-Atlantic

John F. Kennedy (JFK) International Airport in New York, NY
Image courtesy allairports.net

According to the FAA's report on the busiest airports in the US (by total passenger boardings) for 2012, eight of the 50 busiest airports in the nation are located in the Mid-Atlantic. Of these eight airports, three are in the New York metropolitan area, three are in the Baltimore-Washington metro area, one is in the Philadelphia metro area, and one is in the Pittsburgh metro area. The busiest American airport in 2012 was once again Atlanta's Hartsfield-Jackson International Airport with 45,798,809 enplanements. The busiest airport in the Mid-Atlantic (and 6th busiest nationally) was New York's John F. Kennedy International Airport.

Spotlight on BWI Airport: Rapidly expanding airport regains title of busiest airport in Balt-Wash Metro

In recent years Baltimore-Washington Thurgood Marshall Airport (BWI Airport), has been experiencing a renaissance of sorts. Built in 1947 in unincorporated Anne Arundel County, MD near Glen Burnie, and originally named Friendship International Airport, it became the first airport in the region (and one of the first in the nation) with the ability to serve jet aircraft in 1957. In 1974, Friendship Airport (which is approximately equidistant from Washington D.C. as Dulles Airport) was renamed Baltimore/Washington International Airport to attract a greater share of the Washington D.C. air travel market. BWI Rail Station, which was dedicated on October 23, 1980, further increased the airport's connection to the Washington D.C. market and was the first intercity rail station in the U.S. built to service an airport.

Promotional shot of Friendship airport on opening day in 1947
Image courtesy of Kilduffs

In the following decades BWI grew to become a major domestic and international airport, as well as an important hub for Piedmont Airlines (and later it's successor USAir/US Airways) all the while maintaining its status as busiest airport in the region. BWI's legacy as a hub for low-fare airlines began in 1993 when Southwest Airlines selected BWI Airport as their East Coast gateway and has steadily expanded ever since. In 1997 the airport completed several major expansion projects including a parking garage expansion providing a total of 5,600 spaces and a $140 million international terminal which included a MTA Light Rail station serving a branch extension of the system. Four years later AirTran Airways launched service to Atlanta and Boston and proceeded to grow a hub that eventually saw 5,100 passengers a day to 29 non-stop destinations in 2011, when the airline merged with Southwest. In the same year BWI was named the fastest-growing of the 30 busiest airports in the nation.