Cafritz Project at Riverdale Park Gets Approval
Rendering of proposed development. Calvert Tract, LLC.
On Monday, the Prince George’s County Council approved rezoning plans for a 37-acre mixed-use project in Riverdale Park, Md., reported the Washington Business Journal.
The $226 million development, backed by the Cafritz family, will essentially create a town center along Route 1 (map). It will be anchored by a Whole Foods and will bring 995 residential units, including 120 townhomes, 600 apartments, 224 senior housing units and a 120-room hotel to the area.
In February, the County’s Planning Board approved the plans after fifteen hours of deliberation. Monday’s meeting was not without controversy; according to the Business Journal, though the plans passed 7-2, several council members were reluctant to throw their support behind the project and are worried about traffic flow and the plan’s general conflicts with long-term planning principles.
Cafritz is hoping for an early 2013 groundbreaking. The project will take up to nine years to complete.
See other articles related to: cafritz, riverdale, riverdale park
This article originally published at https://dc.urbanturf.com/articles/blog/cafritz_project_at_riverdale_park_moving_ahead/5747.
Most Popular... This Week • Last 30 Days • Ever
In this article, UrbanTurf will explain what special assessments are, how they work, ... read »
Plans are moving forward at the site of a long-planned project in Ivy City, however w... read »
Nearly 1,400 residential units are on the boards around Union Market, about the same ... read »
Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for det... read »
If there was ever a place where the old adage “one man’s trash is another man’s... read »
- What Are Special Assessments in Condo Buildings and What Do They Cover?
- Douglas Development Pitches Large Warehouse For New City Site Along New York Avenue
- Hotels, A Public Park and The 1,400 Units In The Works For Union Market
- The Price For A House in The DC Area Hit A New High in April
- Tile, Furniture, Appliances & (Much) More -- The Local Warehouse Chock Full of Salvaged Home Goods
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro