Top 10 Articles From Around The Web: Prince George’s County
1. Prince George’s County’s public school system will be audited due to allegations that schools inflated grades and overstated credit counts, misrepresenting students’ academic performance.
2. Construction on the embattled 16.2-mile, $5.6B Purple Line finally commenced last month after numerous roadblocks and two decades of planning.
3. Milestone Communications has abandoned its plans to put new cellphone towers near up to 70 public schools after local parents voiced health concerns on behalf of their children.
4. Chinese-backed developer Lantian has sold its 62-acre, nine-building, 150K SF Lanham campus to Washington Education Group LLC for $16.5M.
5. Prince George’s County parents are fighting Maryland schools’ new post-Labor Day start dates, concerned about the nearly two-thirds of students on free or reduced meal plans.
6. The General Services Administration finalized a 15-year, $257M lease to move the U.S. Citizenship and Immigration Services office into a 575K SF building in Camp Springs, Maryland.
7. The FBI has abandoned its plans to relocate its headquarters to a new multibillion-dollar campus, which many hoped would become an economic driver for Greenbelt or Lanham, Maryland.
8. Bowie State University added the $102M, 149K SF Center for Natural Sciences, Mathematics & Nursing to its campus in June to increase minority representation in STEM fields and jobs.
9. MGM resort and casino generated over $50M in May, and, less than a year after opening at National Harbor, is stimulating demand and inspiring investor bullishness in the area.
10. Exeter Property Group sold a 650K SF, four-building portfolio, which includes the Prince George’s County property at 7100 Old Landover Road, to Goldman Sachs for $67M last month.