Here’s the latest roundup from the Business Beat newsletter, published every two months by the City of College Park
Real Estate Roundtable – March 19, 2013
The City is hosting their 2013 Real Estate Roundtable on Tuesday, March 19th from 8:30am to 10:30am at the Hampton Inn College Park, which is located at 9670 Baltimore Avenue. The event, which is free of charge, provides an opportunity for local stakeholders to receive updates on major developments and to discuss future plans that will shape College Park for years to come. This year’s featured discussion will center around three recently completed market studies concerning College Park: College Park Metro Station TOD Market Analysis, Route One Communities Retail Market Study, and the University of Maryland Faculty/Staff Housing Market Analysis. A panel discussion will be held with representatives from each firm: Christine Graziano of AECOM, Eric Smart of Bolan Smart Associates Inc., and Linda Anderson of Anderson Strickler LLC.
To RSVP, please contact Michael Stiefvater at 240-487-3543 or mstiefvater at collegeparkmd.gov by March 8th.
City Launches Commercial Tenant Improvement Program
The City is offering up to $25,000 in grant funds for leasehold improvements of commercial retail spaces for new or expanding businesses. The reimbursement grant will cover up to 50% of the total improvement costs for qualifying businesses. The program will target locally-owned and independent businesses that fill a void in the College Park’s retail environment such as an apparel store, coffee shop, full service restaurant, and health club. Use the following links to get information and an application for this program.
Relaunch of Shop College Park Website
Launched in July 2008, the Shop College Park website provides an online presence for all of the City’s retail businesses. To improve the site’s functionality, the City authorized a redesign that launched in January 2013. Improvements include a new visual design, a mobile version, an improved search function, and a blog.
College Park Neighborhood Business Discount Cards
Formed in an effort to bring local independent businesses together, CPNBA aims to promote College Park businesses and maintain a strong, local economy. To encourage patronage of these local independent businesses, CPNBA has recently released a free discount card. The cards allow patrons to access deals at a variety of businesses, which are viewable online. Currently there are 19 participating businesses and the cards are available at participating businesses or City Hall.
February 2013 Business Activity
– Ovo Simply Veggie (Rt. 1 & Hartwick Rd, Terrapin Station)
Ovo Simply Veggie is a quick service restaurant focusing on innovative vegetarian dishes with an Asian influence. Ovo Simply Veggie hopes to showcase the varying possibilities for healthy food beyond salad including unique desserts. Featured in this Diamondback article.
– Eddie’s Cafe (Rhode Island & Edgewood, Hollywood Shopping Center)
Eddie’s Cafe is now open in the Hollywood Shopping Center and offers a wide variety of Chinese and American dishes. The dishes, ranging from Szechuan beef to cheeseburgers, are all priced under $10 at this locally-owned restaurant.
– A2Z Wireless (Rt. 1 & Knox Rd)
– Capital One Bank (Rt. 1 & Cherry Hill, close to Shoppers Warehouse)