Showing posts with label Rockville. Show all posts
Showing posts with label Rockville. Show all posts

Friday, July 25, 2014

The "Snobbiest" Small Cities in the Mid-Atlantic

Bethesda Row in Bethesda, MD - #2 Snobbiest Small CIty
Photo Credit: ehplen via Flickr
Last week, real estate website Movoto released its ranking of the "10 Snobbiest Small Cities in America." This ranking is in the same vein as Movoto's previous ranking of the "10 Most Exciting Suburbs." 

While I'm not sure I agree with the use of the word "snobby" to describe these admittedly affluent cities, since it could be viewed as derisive to their residents (personally I would use "preppy"), the ranking does seem to be somewhat accurate. (I tend to appreciate rankings that actually use statistical data as criteria, rather than anecdotal experiences or informal polls.) Out of the top 10, three of the cities are located in the Mid-Atlantic: Bethesda, MD (#2), Hoboken, NJ (#6), and Rockville, MD (#8). 


Washington St in Hoboken, NJ - #6 Snobbiest Small City 
Photo Credit: City of Hoboken
Bear in mind that to qualify as "small cities" according to Movoto (and similar to my definition) populated places (incorporated or not) had to have populations of between 45,000 and 65,000. This explains the absence of places such as Potomac (which just barely missed the 45K cutoff) and Chevy Chase, MD  and Scarsdale and Chappaqua, NY. I honestly think the ranking should have focused on smaller towns (pop. ~25,000-50,000) which have less income and cultural deviations. Some of these cities (such as Hoboken and Rockville) are rather large and multi-cultural to be considered "snobby" (preppy) as a whole.

The other issue with this ranking is that it doesn't take into account relative wealth. For instance, in Montgomery County, Rockville isn't really viewed as a "snobbish" or particularly exclusive city, especially compared to it's neighbors immediately to its south. Compared to other cities in other states it might seem very well-to-do, but in the 2nd wealthiest metro area, in the 2nd wealthiest county of the wealthiest state in the nation it is merely "upper middle-class."

Top 10 "Snobbiest" Small Cities in America
Rank City
1. Palo Alto, CA
2. Bethesda, MD
3. Brookline, MA
4. San Rafael, CA
5. Walnut Creek, CA
6. Hoboken, NJ
7. Oak Park, IL
8. Encitas, CA (tie)
8. Rockville, MD (tie)
10. Laguna Niguel, CA

Wednesday, November 27, 2013

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. 

Tuesday, February 26, 2013

Urban Maryland Development Map

Last summer I created a custom Google map of new high-density development projects (residential, retail, and commercial) in the Maryland side of the Washington Metropolitan Area. I used a smaller map, created by the Bethesda/Chevy Chase Regional Services Center for tracking development in Bethesda, as a template. The map is still incomplete, but after investing a ton of time in it I've managed to add locations/info on over 150 projects.

Included in the map are high-density developments (ranging from large scale multiple building mixed-use projects to single residential buildings) including mid-/high-rise buildings (5+ stories) completed since 2005,  under construction, or in planning stages. For each project there is a photo and description of the project. I'm a stickler for accuracy so to my knowledge all of the info is up-to-date and correct. 

My original plan was to cover all of the urban areas in Central MD from the DC suburbs to Baltimore (and maybe DC and Arlington Co./Alexandria), but with the rapid growth this area is experiencing (although it's currently threatened by a looming sequester) that quickly proved to be impractical. Currently the map includes all high-density projects in the following areas:

- Silver Spring (downtown)
- Bethesda (downtown)
- Friendship Heights/Village
- North Bethesda/White Flint
- Wheaton (downtown)
- Rockville (Twinbrook Area)
- Rockville (downtown)
- Rockville (office parks near Shady Grove Rd)
- other random projects

As I mentioned before, I probably won't be adding many more areas in the foreseeable future due to the amount of work involved (adding what I have currently took far longer than I expected it would). I would like to add certain projects in Gaithersburg and Germantown in Montgomery County, as well as College Park/Hyattsville/Riverdale Park, New Carrollton, and National Harbor in Prince George's County though. I will continue to constantly update projects already marked.



View Urban Maryland Development in a larger map

Tuesday, August 21, 2012

Maryland loses its fourth Fortune 500 Company in as many years

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Yesterday, Hartford, CT-based Aetna announced that it entered into a definitive agreement to buy Bethesda, MD-based Coventry Health Care for $5.7 billion in cash and stock, a move Aetna said would help it expand further into government-backed programs like Medicaid and Medicare. The deal is considered to be a reaction to the Supreme Court ruling upholding President Obama's comprehensive health care reforms and will help Aetna expand into government-based insurance. Unfortunately for Maryland, the deal also means that the state will lose yet another Fortune 500 company.  

The loss of Coventry will be the state's fourth F-500 company loss in four years, leaving Maryland with only three firms on the list of the 500 largest US companies (in terms of annual revenue). Admittedly, Maryland isn't really known for being a business-friendly state (particularly when it comes to large corporations) since its relatively high taxes and regulations, coupled with a liberal government in Annapolis, are often considered hostile to business. To make matters worse, unlike most other liberal states with stiff taxes/regulations, such as California, New Jersey, and Connecticut, Maryland has a large competitor nearby with just the opposite approach to big business.