Have you heard the news about what is happening in Prince George’s County? We have three top developments coming to our area–you can read about it in BizNow. One of those developments is only a mile down the road from us at the New Carrollton Metro station. You can read a little more about it here.
According to developer Berman Enterprises, what is now just an empty lot and a pile of dirt will become two four-story luxury apartment buildings, with a total of 500 residential units, on top of 20,000 square feet of retail space.
With the New Carrollton station served by Metrorail, MARC trains, Amtrak and the future Purple Line, county leaders and developers believe the area could be transformed. They said many local developers are watching closely to see what happens.
“We’ll be setting a new standard for what happens at New Carrollton Metro and, based on what rents we’re able to achieve in these buildings, very well could start this whole area developing,” Berman said.
So Cheverly, one can only imagine what all of these developments will do for our housing prices… And, even better, if the FBI relocates up the road, people are sure to look in our neighborhood for homes. Exciting times ahead!