Montgomery Pearl
Bethesda
Montgomery Pearl, a project from Promark Development, would replace a series of aging office buildings along Montgomery Avenue and Pearl Street with a contemporary complex combining residential, retail, and health club uses. At the heart of Montgomery Pearl’s design are three distinct but coordinated buildings—West, Central, and East—containing up to 590 residential units, a 76,000-square-foot health and wellness club, and 2,000 square feet of retail space. Pearl Street, which currently ends in a dead zone at the Capital Crescent Trail, is being reimagined as a shared pedestrian-focused street featuring trees and outdoor seating. A terraced staircase would be built connecting directly to the Capital Crescent Trail, effectively creating a gateway to downtown Bethesda.
What?
Project type: Rental apartments
No. of units: 590
Types of units: Studios to three-bedroom apartments
Architect: BKV Group
Last updated: January 29th, 2026
Where?
Address:
4540 Montgomery Ave
Bethesda, MD 20814
When?
Status:Planned

