Lakeforest Mall demolition ushers in start of $1.2B redevelopment project

Lakeforest Mall demolition ushers in start of $1.2B redevelopment project

Surrounded by piles of gray rubble, Gaithersburg leaders, developers and elected officials gathered Monday to mark the beginning of the demolition of Lakeforest Mall, signaling the start of a long-anticipated transformation of the aging retail site into a mixed-use community with retail shops, residential units and access to transit. “This is a significant step to moving us toward the finish line,” Gaithersburg Mayor Jud Ashman said during the c…