Hillcrest Heights, Maryland: A Premier Destination for Commercial Real Estate

Introduction

Hillcrest Heights, Maryland, is a vibrant community located in Prince George's County, known for its strategic positioning in the Washington, D.C. metropolitan area. With a diverse economic base and a growing interest in commercial real estate (CRE), Hillcrest Heights offers a promising landscape for investors and professionals. The city's economy is bolstered by proximity to major government, defense, and technology sectors, enhancing its attractiveness for various CRE asset classes.

Economic and Industry Overview

Hillcrest Heights benefits from its proximity to major economic drivers, including the federal government, defense contractors, and burgeoning tech industries. This creates a robust demand for office spaces and mixed-use developments. The presence of regional economic development initiatives, such as the Prince George's County Economic Development Corporation, supports local business growth and workforce development. For more information, visit the Prince George's County Economic Development Corporation.

Strategic Location and Transportation Infrastructure

Hillcrest Heights is conveniently located near major transportation arteries, including the I-495 Capital Beltway and MD-5, facilitating easy access to Washington, D.C. and surrounding areas. The city is also served by the nearby Ronald Reagan Washington National Airport and Baltimore/Washington International Thurgood Marshall Airport, providing logistical advantages for businesses. Additionally, the Washington Metropolitan Area Transit Authority (WMATA) offers extensive rail and bus services, enhancing connectivity for the local workforce. Learn more at the WMATA website.

Commercial Real Estate Inventory & Zoning

Hillcrest Heights features diverse CRE submarkets, including office parks, industrial corridors, and emerging innovation districts. Key asset classes include industrial, retail, and office spaces, with a growing interest in medical and multifamily developments. Recent zoning changes and overlays provide incentives for developers, fostering a favorable environment for new projects. Access city zoning maps and parcel viewers here.

Major Employers and Institutions

The area's commercial real estate demand is driven by major employers such as Joint Base Andrews, the U.S. Census Bureau, and Kaiser Permanente. These institutions, along with nearby universities like the University of Maryland, College Park, create a stable employment base and attract ancillary businesses. Explore more about local employers at the Prince George's County Business Directory.

Notable Commercial Developments & Projects

Hillcrest Heights is witnessing a surge in development projects, including mixed-use complexes and public-private partnerships. The presence of Opportunity Zones offers additional incentives for developers. Notable projects include the redevelopment of the Marlow Heights Shopping Center and the expansion of medical facilities. For detailed planning information, visit the Prince George's County Planning Department.

Building Permits, Planning, and Development Tools

• Building and Safety Department
• Permitting Portals
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Public data sets such as those from census.gov and the city's open data portal provide valuable insights into Hillcrest Heights' economic landscape. Brevitas leverages AI-powered aggregation from public data and internal insights to offer a comprehensive view of the market. Explore our Brevitas-powered dashboards for Hillcrest Heights here.

Why Use Brevitas for Hillcrest Heights, Maryland CRE?

Brevitas stands out as the leading platform for CRE discovery in Hillcrest Heights, Maryland. Our AI-driven tools provide real-time market alerts, smart property pages, and dealroom collaboration. Unique features include: - Auto-generated listing pages - Email and landing page tools - Integration with brokers and developers - Exclusive listings and premium exposure

Discover more about how Brevitas can enhance your commercial real estate ventures in Hillcrest Heights here.