Cafritz Project at Riverdale Park Gets Approval
✉️ Want to forward this article? Click here.
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
UrbanTurf is re-publishing an article with updated links that is a step-by-step way t... read »
Another missing middle development has been proposed along Brookland's main throughfa... read »
Maybe it was falling interest rates or perhaps more homes hitting the market, but buy... read »
A look at the many reasons that prospective homebuyers seeing varying quotes for a 30... read »
What Metro is doing about mass fare evasion on buses; DC's rat reputation; and one of... read »
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