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University of Maryland, College Park Planning to Add Hotel Space and Other Amenities

Date

07/21/2015
The University of Maryland, College Park is planning on building an onsite hotel and other amenities. 

Today, WMATA is releasing an RFP for a six-acre parcel right outside the College Park Metro station, a golden opportunity for any developer. It’s not the first time the parcel has been available for development, but 2015 might finally be the right time.

WMATA director of real estate Stan Wall estimates that the parcel could be developed for 500 to 600 units, an office or hotel with ground-floor retail. Where currently sits a surface parking lot and bus loop, the six acres has the potential to completely transform the area. “I think it’s our new frontier,” says College Park director of planning and economic development Terry Schum. Across Paint Branch Parkway, Prince George’s County also owns a 2.6-acre surface parking lot it’s putting out to bid today. The two parcels combined are huge steps forward after multiple setbacks to get anything done.

To learn more about these exciting developments, click here

 

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