$1.2B Lakeforest Mall Demolition Gets Underway
The $1.2 billion project will add 1,600 homes, more than 470,000 square feet of retail and 35 acres of green space.
8 Articles
8 Articles
A New Chapter for Gaithersburg, MD: WRS Inc. Breaks Ground on Transformative $1.2 Billion Lakeforest Mall Redevelopment
/PRNewswire/ -- Today, city officials, community leaders, and representatives from WRS Inc. gathered to celebrate the official groundbreaking of the Lakeforest...
A New Chapter for Gaithersburg, MD: WRS Inc. Breaks Ground on Transformative $1.2 Billion Lakeforest Mall
GAITHERSBURG, Md., April 13, 2026 /PRNewswire/ -- Today, city officials, community leaders, and representatives from WRS Inc. gathered to celebrate the official groundbreaking of the Lakeforest Redevelopment, a visionary mixed-use project that will transform the former 102-acre Lakeforest Mall site into a vibrant, walkable "mini-city." Since the mall's closure in 2023, the site has remained a focal point for the future of Gaithersburg, part of …
WRS Breaks Ground on $1.2 Billion Redevelopment of Lakeforest Mall in Metro D.C.
Gaithersburg, Md. — WRS Inc., a retail and mixed-use development firm based in Charleston, S.C., has broken ground on the $1.2 billion redevelopment of Lakeforest Mall, a 102-acre shopping mall in… The post WRS Breaks Ground on $1.2 Billion Redevelopment of Lakeforest Mall in Metro D.C. appeared first on Shopping Center Business.
WRS Inc. Breaks Ground on Transformative $1.2 Billion Lakeforest Mall Redevelopment in Gaithersburg Maryland
City officials, community leaders, and representatives from WRS Inc. gathered to celebrate the official groundbreaking of the Lakeforest Redevelopment, a visionary mixed-use project that will transform the former 102-acre Lakeforest Mall site into a vibrant, walkable “mini-city.” Since the mall’s closure in 2023, the site has remained a focal point for the future of Gaithersburg, […] The post WRS Inc. Breaks Ground on Transformative $1.2 Billion…
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