Gaithersburg seeks larger development zone to reverse slowdown

Published



Gaithersburg officials, trying to inject life into a series of dormant streets and vacant shops in the Olde Towne area, are hoping additional tax breaks will finally usher in development that has been missing in action.

The city is seeking county approval for an expanded Olde Towne Enterprise Zone, which gives those within the area income and property tax credits and waivers for utility fees.

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