Redevelopment Opportunity Adjacent to University of Maryland

Highlights:

• Redevelopment opportunity near the University of Maryland's campus
• Total of approx. 1.52 acres available
• Zoning LTO-C (Local Transit-Oriented-Core)
• Permits multifamily and student housing uses
• Maximum density of 80 units per acre
• Maximum building height 80’
• Maximum FAR-3 (Approximately 200,000 sq ft)
• Assemblage potential with neighboring property
• Less 400 feet from the new Purple Line Adelphi Station

Description:

This is a redevelopment opportunity adjacent to the University of Maryland's main campus in College Park, MD.

The property at 7601, 7607 & 7713 Adelphi Road is situated in the affluent and growing city of College Park, home of the University of Maryland. College Park has seen a lot of new residential and retail development along its Route 1 corridor (Baltimore Avenue). Whole Foods and Trader Joe's have recently opened in the market, both of which complement the existing retail and other amenities. In addition, College Park has recently been improved by two new class A hotels (The Hotel@UMD and The Cambria). The University of Maryland has undergone immense growth in the last twenty years and continues to expand.

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