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Prince George’s tax subsidy worth $33 million to boost Oxon Hill mixed-use project

Prince George’s tax subsidy worth $33 million to boost Oxon Hill mixed-use project

by Cara | Nov 11, 2023 | In The News

Local lawmakers in Prince George’s County have approved a tax incentive worth an estimated $33 million for a big mixed-used project in Oxon Hill, which in turn is hoped to spur further economic development in the area. An affiliate of D.C.-based Petra Development is...
Prince George’s tax subsidy worth $33 million to boost Oxon Hill mixed-use project

Here are 10 of the most expensive and biggest development projects underway in suburban MD.

by Cara | Sep 5, 2023 | In The News

As elsewhere in Greater Washington, mixed-use projects around Metro feature large in suburban Maryland’s development scene — not least in Prince George’s County, which aspires to become the region’s next boomtown. Montgomery County has economic aspirations of its own...
Vacant K Street office targeted for residential conversion could still land full-building occupant

Vacant K Street office targeted for residential conversion could still land full-building occupant

by Cara | Aug 9, 2023 | In The News

The fate of a vacant K Street NW office building should be sealed by the end of the year. In its quarterly earnings call Aug. 3, Starwood Property Trust (NYSE: STWD) President Jeffery DiModica updated analysts on a downtown D.C. building where it holds a $120 million...
Petra Development is sole bidder for prime site in receivership in The Gate in Frisco

Petra Development is sole bidder for prime site in receivership in The Gate in Frisco

by Cara | Jan 31, 2023 | In The News

This will be the first sale of a commercial property being held in a judge-ordered receivership holding the assets and entities of developer Tim Barton.
  • In The News
  • Press Release
  • Prince George’s tax subsidy worth $33 million to boost Oxon Hill mixed-use project
  • Zero Energy, Smart Building Development
  • Here are 10 of the most expensive and biggest development projects underway in suburban MD.
  • Vacant K Street office targeted for residential conversion could still land full-building occupant
  • Petra Development is sole bidder for prime site in receivership in The Gate in Frisco

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