What's Hot: DC's 14 Million-Dollar Neighborhoods in 2023 | What the New FHA Mortgage Fee Cut Will Mean For Buyers
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 belowloading...
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 650,000 square-foot project, designed by Adjaye Associates and Hickok Cole, will ... read »
The largest development on the boards for the H Street Corridor is planned for a fami... read »
This week's Best New Listings includes a condo with a former life as a hotel entrance... read »
It is early in the year, but there are already a number of areas around DC where home... read »
Today, UrbanTurf is taking a look at the tax benefits associated with buying a home t... read »
The application to raze the infamous fast food location at New York and Florida Avenu... read »
While homeowners must typically appeal by April 1st, new owners can also appeal.... read »
At an ANC 4A meeting on Tuesday night, representatives from Whole Foods said that the... read »
The application has been filed for the American City Diner along Connecticut Avenue i... read »
As the neighborhood waits for highly-anticipated restaurants to open, and luxury home... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
- A First Look at the Five-Building Centerpiece of the St. Elizabeth's Redevelopment
- 200-Unit Apartment Project Planned For Autozone Site Along the H Street Corridor
- Best New Listings: A Hotel Entrance Turned Condo
- DC's 14 Million-Dollar Neighborhoods in 2023
- A Look At The Tax Benefits of Buying a Home Through a Trust
- The End is Here: Raze Permit Filed For Wendy's at Dave Thomas Circle
- How to Appeal Your DC Property Tax Assessment
- Whole Foods at Walter Reed To Open This Summer
- Raze Application May Spell The End For One of DC's Last Diner Buildings
- New Hotels, Mall Conversions And The 450 Units On The Boards For Georgetown
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. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro