Development
Faller Development was created to formalize a separate company specifically designed to develop property for the Faller Companies. The founder Charles S. Faller, Jr. has been developing property in the Washington Metropolitan area since the early 60’s. Starting with a housing community in Prince Georges County, Mr. Faller has developed single family, over 2500 multi-family garden and high-rise apartments, strip centers and high-rise office buildings. In the mid 1980’s, the company developed several properties in Montgomery County MD to include approximately 65 acres in White Oak which were assembled and designed as a Planned Unit Development (PUD) containing single family, multi-family and commercial uses. Another property in Clarksburg MD was also purchased in the mid 1980’s and has been approved for 625 units made up of single family detached and attached units, multi-family units and commercial space. Since 1990, the company has developed commercial property along the East coast from Maryland to Florida.
| Tenant | Location | Date Developed |
|---|---|---|
| CVS Pharmacy | Naples, FL | May 2009 |
| 120,000 ft² Center | Naples, FL | August 2009 |
| K - Mart | Aspen Hill, MD | May 1975 |
| 20,000 ft² Center | Naples, FL | August 1991 |
| Eckerd Drug Store | Naples, FL | September 1995 |
| Lesco | Naples, FL | May 1995 |
| Lesco | Naples, FL | February 1996 |
| Eckerd Pharmacy | Miami, FL | September 1997 |
| CVS Drug Store | Capitol Heights, MD | January 1997 |
| Eckerd Pharmacy | Sarasota, FL | April 1999 |
| Eckerd Pharmacy | Richmond, VA | December 1999 |
| Chevy Chase FSB | Mt. Airy, MD | December 2001 |
| Office Retail | Mt. Airy, MD | December 2001 |
| CVS Pharmacy | Naples, FL | April 2004 |


