The agreement with New Carrollton JV L.L.C. will enable the development team, led by Forest City Washington and Urban Atlantic, to advance the largest development project in Prince George County since National Harbor, WMATA officials said in a prepared statement. The project now will move into the pre-development phase.
The transit agency partnered with the Maryland Department of Transportation to create a larger developable site from parcels owned by both parties. Plans for the 39-acre site call for the creation of a multi-modal, transit-oriented destination with residential, office, retail and hotel uses. At full build out, the development will include 2 to 4 million square feet of mixed-use facilities valued at $1 billion, WMATA officials said.
The area has been designated a "Smart Growth Initiative" site by the state of Maryland. In addition to being the eastern terminus of the Orange Line, the area is served by Amtrak and MARC. The Maryland Transit Administration — which operates MARC — is advancing plans for the Purple Line that include light-rail service from New Carrollton to Bethesda, Md.
Browse articles on Washington Metropolitan Area Transit Authority on Progressive Railroading
- Operation Lifesaver Inc. starts new chapter with Joyce Rose at the helm
- Crude oil and intermodal will drive rail traffic for BNSF over the long term
- Metrolink's DePallo plans to build on progress, develop long-term strategy
- RailTrends 2012 represented a full deconstruction of the North American rail industry — by Tony Hatch
- CREATE update: Grade crossing upgrades, separations and closures
- TriMet's Portland-Milwaukie project will add vital link to southeast destinations
- Union Pacific opens information technology center in Austin
- Marcellus and Utica shale drilling keeps railroads busy
- Carload Express creates Ohio short line to tap two eastern shales
- Grade crossing safety: Freight and passenger railroads take a multi-pronged approach
- High-speed rail is on a slower, but steady, track: HNTB
- Material handling and distribution equipment update
- Santa Clara VTA aims for succession planning success with IT department pilot