What's Hot: Offices, Housing, Hotels? Plan B Floated For Remaining Parcels At DC's Reservoir District
Cafritz Project at Riverdale Park Gets Approval
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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 http://dc.urbanturf.production.logicbrush.com/articles/blog/cafritz_project_at_riverdale_park_moving_ahead/5747.
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