History of Silver Spring MD real estate
What is the history behind
Silver Spring Maryland real estate? If you own a business or a
home in Montgomery County, Maryland, you may be intrigued to find out the history behind it, or at least to know the history of your town or the town that you may be considering moving to. Let’s take a look at
Silver Spring MD real estate, the town was named by Francis Blair, a Washington DC newspaper editor in the 1840s. The reason he named this town Silver Spring was because while on a horse ride with his daughter, she fell from her horse which then ran off. By the time they caught it, the horse was drinking from a spring which happened to be infused with mica. Francis Blair liked the spot so much that he bought 250 acres to build the first peace of
Silver Spring Maryland real estate. This new
Montgomery County home was to be his summer retreat. He then decided to name this land Silver Spring due to the sparkling water that they found their horse drinking from.
More History behind the Montgomery County real estate located in Silver SpringIt was not until 1873 that this town really began to grow. This was due to the opening of the Baltimore and Ohio Railroad. This rail system connected Washington to Point of Rocks on the Potomac River. One fact about early settlers that bought land in Silver Spring is that most of the plots of land were anywhere between 5 and 10 acres. Even though the community did attract settlers, it was not till the 20th century that Silver Spring really began to take shape and turn into the town that we know it as today. The town even continued to grow even during the Great Depression. In 1938, the Falkland Apartments, named after Montgomery Blair’s original home, opened its doors. It was the first apartment complex to receive mortgage insurance from the New Deal Federal Housing Administration, in the state. Another interesting fact about this town is that in 1947 shoppers began to travel here because the Hecht Company opened its first department store outside of the District of Columbia. This new department store was located at the intersection of Fenton Street and Ellsworth Drive. After this department store opened here many other stores followed its trends including J.C. Penny, Sears, Roebuck & Co. and others. This, coupled with the arrival of the Metro station in 1978 and the 1999 redevelopment campaign, has turned downtown of this area into what it is today.
