July Development Update

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The City of College Park released its regular Economic Update. Highlights include.

  • NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION: Over 800 employees will occupy the building once it is completed in August 2012.
  • MARYLAND BOOK EXCHANGE: After listening to arguments from both sides, the District Council took the case under advisement and they have until October 9 to render a vote.
  • CAFRITZ PROPERTY at RIVERDALE PARK: The District Council resumed the rezoning case on July 9 and voted 7-2 in favor of the rezoning application. The developer next plans to submit a DSP application and hopes to break ground in 2013.
  • BRANCHVILLE PROPERTY SELLS FOR NEARLY $1.3 MILLION: The 1.179 acre property is located to the east of Pizza Hut and AMF College Park Lanes was purchased by Four Thousand Four Branch Avenue LLC.

College Park Development Update – July 2012

Cafritz Plan Approved 7-2

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The District Council approves the Cafritz Plan by a vote of 7-2. College Park Patch reports that despite objections from the the City of College Park and from Councilman Olson to push forward a motion for denial, the vote to approve the zoning change for the Cafritz development was passed 7-2.

The 37-acre plan in Riverdale Park is slated to be the home of the first Whole Foods grocery store in Prince George’s County in addition to 900 units of multi-family housing, a 120-room hotel, and additional office space.