Huge new retail and residential complex coming to College Park
The Washington Business Journal reports on the latest developments in the revisioning of College Park, Maryland. The University of Maryland selected the Bozzuto Group and Willard Retail Group, in partnership with the University of Maryland Foundation, to develop a $110 million mixed-use site along U.S. Route 1. Plans for the site include a 300-unit luxury apartment building with more than 100,000 square feet of ground-floor retail on the 4.5-acre site.
Since 2009, U3 Advisors has served the University of Maryland in College Park, advising on a variety of real estate and community engagement initiatives. Cumulatively, the strategies have led to the University forming a stronger working relationship in College Park, and laying the groundwork to transform the Downtown into a vibrant college town district.