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Located on the near north side of Washington D.C., Silver Spring, Maryland is an urbanized, unincorporated area in Montgomery County. Composed of a population just over 87,000 people, Silver Spring is the third most populated place behind Columbia and Baltimore. Mostly a major business hub, Silver Spring real estate is in constant demand considering its favorable proximity and easy access to numerous business and commercial ventures. In addition, the community itself has undergone a significant renaissance of sorts, with the introduction of major retail, residential and office developments.
An initial organizer of the modern American Republican Party, Francis Preston Blair, coined the area of its name due to a mica-flecked spring discovered there in 1840. The original spring today is believed to be located just south of the main downtown district in Acorn Park. Steeped in a rich history, dating back all the way to the Civil War, Silver Spring grew and flourished with the introduction of the Baltimore and Ohio’s Metropolitan Branch completed in 1873. For over a hundred years, Silver Spring has continued to grow, bringing in namely retailers, commercial industry and numerous means of culture and entertainment.
Though unincorporated, Silver Spring is essentially composed of its business district and a total of 27 contributing neighborhoods. Many parks and amenities are provided to Silver Spring residents offering hiking trails, tennis courts, playgrounds and bicycling. A large draw for residents and visitors alike are the numerous musical and ethnic festivals going on in the downtown area. Many also visit for the extremely varied dining choices available, including African, Burmese, Mexican, Salvadoran, Jamaican and Lebanese as well as many fusion restaurants.
Silver Spring also hosts many notable businesses and organizations as well. The Discovery Communications Headquarters is located in Silver Spring, as well as the National Oceanic and Atmospheric Administration, a branch of the United States Department of Commerce, the American Nurses Association as well as many real estate development, biotechnology and media companies.
All things considered, it truly is no surprise why so many people are making an effort to seek out Silver Spring real estate. With its highly favorable location to Washington D.C. to a notable business district and diverse cultural offerings, Silver Spring makes for an ideal location to call home. If you’re in the market for the greater Washington D.C. area, than Silver Spring might just be worth your while – chances are you might not have to look any further.