Updates for City of College Park Business and Development
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Campus Village Shoppes Closing
Recently the Owners of the Campus Village Shoppes at 8147 Baltimore Avenue announced that all retailers will be closed due to a new student housing project to be built on the site. As of August 1, 2023, LV Collective, Austin, Texas owner of Campus Village delivered 60 day Vacate Notices to each Merchant Tenant. These tenants include: Chase Bank ATM, Mr. FriesMan, Main Event Barbershop, College Park Liquor Store, Taqueria Habanero, Laser Essentials, Jodeem African Cuisine, Jidong Tea, Hanami Japanese, The UPS Store, Vape Exchange, Gaming Video, Pupuseria La Familiar, Pandora’s Cube, UM Nail Spa, and Box’d Kitchen, College Park Liquors and Town Hall Liquors.
The City of College Parks’ Economic Development Manager, Michael Williams has met with many of the Village merchants to listen to their concerns. Merchants were encouraged to use the City’s Attraction and Retention program and recommended Virtual Food preparation facilities within College Park. Some merchants are in negotiations to move to new spaces in College Park. Many shop owners have expressed a desire to remain in place until the end of the year.
LV Collective has stated that project costs for the new building which will include retail pads are estimated at $150 million dollars upon completion.
The City of College Park will aid Campus Village merchants seeking new or second-generation commercial space in College Park and possibly fund some aspects of their transition with Retention Funds.
For further information, please contact Michael Williams at economicdevelopment@collegeparkmd.gov.
The Flats a 331-unit affordable housing complex developed by RST Development (Danny Copeland, Owner). These units will be offered to qualifying residents earning 60% or less of average median income (AMI) in Prince Georges County. The Flats will be located on Baltimore Avenue between 9113-9137 addresses. The new venue will Replace Motel/Hotels: Red Roof Inn, Days Inn and Howard Johnson’s. Acquisition amount is $95 million. Detailed Site Plan approval was granted on July 5, 2023. Also, RST has applied for State of Maryland tax credits thru DHCD. The site will offer commercial space at the floor level and will include a Meals on Wheels Food Bank.
Retail News
Olney Station Restaurant comes to College Park. The former Hard Times Café really hit Hard Times…Phil Sardis, owner of Olney Station is bringing the Station concept to the College Park Market Place Shopping Center this venue known as Terrapin Station will bring an upscale Beer and Burger Bar menu and several viewing screens for events and sporting activities. Private meeting rooms will be available. Opening expected late summer/early fall of ’23.
Coming Soon
Aster Development welcomes PNC Bank. PNC will offer full-service banking at 7230 Baltimore Avenue. Look out for Grand Opening news. Next to Aster will be the Blue Apron Menu. Virtual kitchen concept Blue Apron Menu will offer a Chick-Fil-a menu for dine out customers.
WaWa at IKEA site in North College Park near Capital Beltway. WaWa will offer standard convenience shopping and gas station.
Shoppers Food Grocer at Market Place Shopping Center as Grocery shopping continues to be brisk; the Shoppers chain will start a modest upgrade and renovation. No closure is expected. More details to come.
Annapolis based Iron Rooster will bring its delicious RoosTarts and breakfast bar and menu to The Hotel located at 7777 Baltimore Avenue. Opening is expected late summer/early fall ’23. Iron Rooster Plans to hire staff at the College Park site soon.
Closures
After 12 years the Best Buy Store at the Market Place Shopping Center has closed. Search for a new tenant is underway.
For All News and Things College Park please visit CollegePark.Life or email us at: economicdevelopment@collegeparkmd.gov
Download Business Retention and Attraction Assistance Grant Application Form >>
