Prince George鈥檚 County neighborhoods are now experiencing new building development and acquisition, including affordable housing and new homes.
, a Minneapolis-based housing developer, purchased a plot of land in Hyattsville for $4 million, with the goal of building 245 affordable rental units for those earning 60% or less of the area鈥檚 median income. This will be their first in the D.C. region.
鈥淭his project would provide high-quality affordable housing opportunities at a major transit stop without adding to sprawl, along with adding new office space to the area,鈥 read an application filing for the development.
The application documents propose an L-shaped building between 183,000 to 392,000 square feet, up to five stories tall, with over 1,300 square feet of office space.
In addition, a block of townhouses near DeMatha High School is now and will be welcoming new residents in May. The townhouses, called Hyatt View Townhomes, will be sold for roughly $725,000.
Some of the local amenities include Yes Organic Market, Busboys and Poets, a nearby Whole Foods and Franklin鈥檚, a combination microbrewery, toy store, and restaurant.
鈥淣estled in the vibrant community of Hyattsville, Maryland, Hyatt View Townhomes offers an exclusive enclave of luxury homes designed for those who seek a sophisticated lifestyle combined with modern amenities,鈥