Olde Town Advisory Committee to brief Gaithersburg Mayor & Council tonight

The Olde Town Gaithersburg Advisory Committee will give its annual briefing to the Mayor and Council tonight at City Hall. They are expected to report success in leasing percentages in Olde Towne-area apartment buildings, new dining additions, and the imminent delivery of the Olde Towne Park Plaza.

Still a drag on Olde Towne are crime, failure to attract retail despite low rents relative to other parts of Gaithersburg, and the concern that those issues will eventually impact the rental apartment market.