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The owners of a 54-acre mall in Prince George's County are moving forward with development plans that could add 2,500 residential units.
The Greenbelt City Council held a work session this week to review a plan from mall owner Quantum Cos. that calls for a massive mixed-use redevelopment of the Beltway Plaza Mall in Greenbelt, Urban Turf reports.
The mall sits near the intersection of Greenbelt Road and MD-201, just inside the Beltway and less than 2 miles from the Greenbelt Metro station. The 54-acre property currently consists of more than 1M SF of retail, two above-ground parking structures and a sea of surface parking.
The redevelopment plan calls for adding 2,500 residential units, reducing the retail component to 700K SF, building 20K SF of indoor recreational space and incorporating 5 acres of open space. The residential units are expected to include a mix of rental and for-sale housing. The open space elements are planned to include woonerf-style streets, an amphitheater, a plaza, a tot lot and a bike path.
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Anchor tenants Target, Giant and AMC Theatre are expected to return following the redevelopment.
The property's current tenants also include Marshalls, Burlington, T.J. Maxx, Five Below, Planet Fitness and a host of other retailers inside the mall and in stand-alone buildings in the parking lot. Rodgers Consulting is working with Quantum on the master plan, and multiple architects are expected to design the buildings.
The Prince George's County Planning Board approved a conceptual plan for the project in March. The latest application, a preliminary plan and subdivision, is currently under review from the the Greenbelt City Council and is expected to go before the Planning Board later this month.
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