What's Hot: 3.2% to 7.19%: The Path of Interest Rates in the Last 2 Years | HPO Recommends Approval For Office-to-Residential Conversion in Dupont
Construction Paused on 351-Unit Mixed-Use Development at Largo Town Center Site

A planned transit-oriented development in Prince George's County is pausing construction plans given current economic uncertainty.
Retail Properties of America announced this week that it will not proceed with vertical construction at this time on its mixed-use development at the former site of the Boulevard at the Capital Centre, Yahoo Finance reports. The Carillon development, off I-495 at Arena Drive (map), was slated to deliver 351 apartments, a 100,000 square-foot medical center, and 135,600 square feet of retail.
story continues below
loading...story continues above

Future phases could deliver as much as 2,649 residential units, 300,000 square feet of retail, and 964,000 square feet of other commercial space. The first phase was expected to begin delivering late next year.
RPAI CEO Steve Grimes shared that the firm still plans to complete preparatory sitework this year, but expects to be more risk-averse as it charts a way forward.
See other articles related to: boulevard at the capital centre, largo, largo town center, pandemic, prince george's, prince george's county, rpai, transit-oriented development
This article originally published at https://dc.urbanturf.com/articles/blog/rpai-to-pause-construction-on-tod-at-largo-town-center-site/16633.
Most Popular... This Week • Last 30 Days • Ever

The change would allow for an 80-acre portion of DC's 272-acre Armed Forces Retiremen... read »

The listing will hit the market on Wednesday, according to the Washington Business Jo... read »

Here are some precautions to take before buying real estate with a buddy.... read »

The concept for the residential conversion of a prominently sited building in Dupont ... read »

About a month ago, UrbanTurf examined how condo and co-op prices were driving home pr... read »
- 3,000 Units, 20 Acres of Open Space: Zoning Change Looks to Pave Way For DC's Biggest Development
- Inside Bradley Beal's $10 Million Bethesda Home
- Buying with Friends: What You Should Know
- HPO Recommends Approval For 157-Unit Office-to-Residential Conversion Proposed in Dupont Circle
- More Down Than Up: A Look at Detached Home Prices Around DC
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