WHYY, March 19, 2024, Rise In Residential Development In Germantown Sparks Optimism–And Caution
Over the last few years, Germantown has experienced a wave of residential construction that’s seen at least a dozen developers enter the market, a multimillion-dollar shift that’s become a hot topic of conversation among residents. While some think the influx has the potential to improve Germantown, others find the rate of new development alarming and fear swift gentrification is well on its way.
McKelvey, who has lived in Germantown for 40 years, said adding smaller apartments won’t spur the kind of neighborhood improvement longtime residents want to see. It also bothers her that existing homeowners aren’t getting the help they need to fix up and maintain their properties, at the same time private developers are putting up brand new apartment buildings seemingly geared towards students and young professionals
