University of Maryland College Park

Press

Universities Look to Strengthen the Places They Call Home

U3 Advisors' CEO Omar Blaik offers our perspective on universities and local communities in the New York Times article, "Universities Look to Strengthen the Places They Call Home" -- “You really cannot thrive as an institution by starving the neighborhood around you and being so singularly focused on your own goals,” said Omar Blaik, a former vice president at the University of Pennsylvania, now the chief executive of the consulting firm U3 Advisors. “You advance your own goals in an enlightened self-interest way by advancing goals of the neighborhood and the city.”

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News

U3 Advisors establishes Terrapin Development Company at the University of Maryland

On behalf of the University of Maryland and University of Maryland College Park Foundation, U3 Advisors led the creation of the Terrapin Development Company (TDC), in an effort to transform College Park into a dynamic University District – that includes vibrant downtown amenities and a hub for public-private research and innovation. TDC’s contributions from UMD and the Foundation include the newly developed and opened University of Maryland Hotel and Conference Center and MilkBoy Arthouse - a restaurant and music venue.

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Press

Huge new retail and residential complex coming to College Park

UMD_College Park_Rendering

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. 

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Press

Developer unveils plans for 4-star hotel at University of Maryland in College Park

U3 Advisors' Co-CEO discusses the proposed 4-star hotel at the University of Maryland College Park in the Washington Post. 

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