A $500 million mixed-use development in Laurel, Md. could rival Tyson's Corner in Virginia once completed. News4 Prince George's County Bureau Chief Tracee Wilkins has the story.
A $500 million mixed-use development in Laurel, Md. could rival Tyson's Corner in Virginia once completed.
The Brick Yard development is located on Muirkirk Road between Laurel and Beltsville. Konterra Realty's development will include 12 million square feet of residential units, townhouses, condos, apartments and massive high-end retail and business space.
"Fortune 500 companies are looking at this area because of the transformational road improvements and infrastructure that's currently underway and will be finished in a year," Tate Armstrong with Konterra Realty told News4. "This is a city just waiting to happen."
Konterra Town Center East, the larger half of the project, is already undergoing storm water construction, as well as construction of a county road interchange that will connect the area to the I.C.C.
Long-time citizens of northern Prince George's County say they are excited to see the development gain ground.
"I can't wait until the job is done," Beltsville resident Thomas Jones said.
"You expect change in a place like this and Laurel is an excellent place to live," Betty Gutierrez of Laurel said.