Silverstone Begins Construction of $76 million Community in Maryland

by Jeff Shaw

ROCKVILLE, Md. — Dallas-based Silverstone Senior Living has started construction of The Seneca of Rockville, a seniors housing community in the Washington, D.C. suburb of Rockville.

The property will feature 116 assisted living units and 30 memory care units. Development costs were estimated at $76 million.

The development will transform the existing parking lot of the Rockville Corporate Center and is directly adjacent to the King Farm mixed-use community.

The Rockville location is one of three communities that Silverstone is developing in the Washington, D.C. market, with the other two located in Virginia. In May, the company kicked off construction on a $75 million property in Fairfax and by the end of the year, Silverstone will begin construction on a $100 million community in Alexandria’s Potomac Yard near the future Virginia Tech Innovation Center and Amazon’s second headquarters in Crystal City.

You may also like