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The second phase of Prince George's County's largest development since National Harbor is expected to begin within the next three months. Now that Berman Enterprises has received $2.5 million from the state's Economic Development Incentive Fund, the developer plans on constructing two luxury apartment buildings with 20,000-square-feet of ground-floor retail, reports BisNow. The first phase involved constructing a four-story, 97,000-square-foot office building that would be the next headquarters for Maryland's Department of Housing and Community Development.
Previous plans for the first phase were to build a 260-unit mid-rise apartment building with 13,000-square-feet of retail. Forest City Washington and Urban Atlantic crafted the plans for the entire 2.7 million-square-foot development that will revitalize the 41 acres of land surrounding the New Carrollton Metro station. The project is expected to bring 1,370 residential units, 1.1 million-square-feet of office space, 150,000-square-feet of retail space, and 150,000-square-feet of hotel space to the area.
· Berman Prepares for Phase 2 of New Carrollton Project [BisNow]
· See What to Expect From a Brand New New Carrollton [Curbed DC]