Prince George's County Economic Development Corporation (PGCEDC) proudly congratulates five Prince George's County-based development projects recently spotlighted in a report by the Washington Business Journal for leading transformative real estate projects across suburban Maryland. Prince George's County represented half of the major development projects in the Washington Metropolitan region.
Prince County-Based Development Projects in Order:
Northwest Stadium
Developer: TBD
Location: 1600 Ring Road, Landover
Carillon
Developer: Kite Realty Group Trust
Location: 900 Capital Centre Blvd., Largo
Cost: Nearly $1 billion
New Carrollton
Developer: Urban Atlantic and joint venture partner Brookfield Properties
Location: Straddling the New Carrollton Metro station, between the tracks and Ellin Road on the north side and bounded by Route 50 on the south side.
Brightseat Tech Park (former Landover Mall)
Developer: An affiliate of Lerner Enterprises and The Tower Cos.
Location: 2101 Brightseat Road, Landover
Cost: $5 billion in total investment, according to Lerner
Cheverly Hill (former Cheverly Hospital site)
Developer: Urban Atlantic and Hometeam5 (a private group of equity investors)
Location: 3001 Hospital Drive, Cheverly
Cost: $550 million
This recognition underscores Prince George's commitment to fostering community-driven, innovative developments while establishing itself as a regional growth and investment hub.
