PGC Economic Development: Mixed-Use Beltway Plaza Redevelopment Takes Next Step
The planned redevelopment of Beltway Plaza has taken another step down the road, as the mall’s owners have submitted paperwork to redraw property lines to build 211 townhomes and condominiums, the first of a planned five-phase project that would reshape the old mall into an mixed-use town center with retail, office and residential uses.
Click here to read the rest of the story written by Michael Theis over at the Route 1 Reporter
With additional reporting by Rebecca Cooper over at the Washington Business Journal below
The owner of the Beltway Plaza Mall in Greenbelt is planning to revamp the 53-acre property starting with new townhomes and multifamily housing units.
Beltway Plaza includes some interior mall space, several businesses on pad sites, a two-level parking structure, an AMC movie theater and some strip center-style retail with entrances along the parking lot.
In the short term, owner Quantum Cos. plans to build the new housing on at the site. Over the long term, the project envisions demolishing much of the existing mall structure to make room for a new neighborhood shopping center, more housing and additional “destination retail,” according to the Prince George’s County Planning Department’s staff report.
The change will happen over time. Between 175 and 250 townhouses along the north portion of the site, on Breezewood Road, are in phase 1. That phase also contemplates between 100 and 500 residential units, and the possible creation of mixed-use development by building on top of existing retail buildings or over an existing parking structure that sits behind the mall.
Future phases include the addition of a “neighborhood shopping center” adjacent to the existing Giant grocery anchor on site; and the addition of mixed-use buildings, potentially office over retail, totaling 150,000 to 200,000 square feet; another 900 to 925 residential units in several buildings over retail; a central plaza or community gathering space with fountains, green space and area for outdoor seating for restaurants. As for retail, the site will be infilled with more “destination retail.”