Real Estate Developments

Greenbelt Station

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Description

The 243-acre site is partially in the City of Greenbelt and in the City of College Park. It has been approved by the Prince George's County Planning Board for the conceptual site plan for Greenbelt Station. Prince George's County Council has approved a $160 million tax increment-financing package for the Greenbelt Metro development. Greenbelt Station is a $1 billion, mixed use development that includes 2,250 residences, 1.2 million sf of retail and entertainment center, 1.2 million sf of general office space and a 300-room hotel (or different, qualified use). Greenbelt Station is currently in litigation.

Project Details

Type

Mixed-Use

Status

Planned

City

Greenbelt

State

MD

Zipcode

20740

Construction

New Development

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Number of units for rent

0

Number of units for sale

0

Number of affordable housing units

LEED Designation

Not Available

Project Cost

1000000000

Parking Spaces

Zoning

Hotel Rooms

300

Retail Space

1200000

Office Space

1200000

Square Footage

10585080

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Highest Housing Sales Price

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Highest Rent Price

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