The Rose Gaming Resort Demonstrates the Economic Impact of Destination Entertainment Investments

Destination entertainment developments continue to play an important role in strengthening regional economies by attracting visitors, supporting local businesses, and creating employment opportunities. The Rose Gaming Resort in Dumfries, Virginia, offers an example of how large-scale hospitality and entertainment investments can generate lasting economic benefits for surrounding communities.

As highlighted in a sponsored feature published by the Washington Business Journal, The Rose Gaming Resort has positioned itself as a regional destination with a 102-room hotel, more than 50,000 square feet of gaming space, eight restaurants and bars, and flexible meeting and event facilities designed to attract both leisure travelers and corporate events.

For Prince George's County, projects like The Rose illustrate the broader value of destination-oriented development. Entertainment and hospitality investments create more than visitor experiences—they stimulate economic activity by increasing demand for hotels, restaurants, retail, transportation services, and local suppliers. These developments also generate employment opportunities across multiple industries, including hospitality, food service, facilities management, marketing, and event operations.

Destination projects can also enhance a region's competitiveness by encouraging visitors to extend their stays, attend conferences, and return for future events. This increased visitation supports small businesses, generates local tax revenue, and creates opportunities for additional private investment in surrounding commercial corridors.

Prince George's County continues to pursue similar placemaking strategies through mixed-use developments, entertainment destinations, tourism initiatives, and commercial investments that strengthen the local economy while enhancing quality of life for residents and visitors. By creating vibrant places where people can gather, work, shop, and be entertained, the County is positioning itself for long-term economic growth and sustained business investment.

As regional competition for visitors and investment continues to grow, destination developments remain an important component of economic development strategies that drive job creation, support local businesses, and contribute to thriving communities.

Read the full article here:
https://www.bizjournals.com/washington/press-release/detail/13015/The%20Rose%20Gaming%20Resort

Southern Maryland 250 Celebration Highlights Heritage Tourism as an Economic Driver for Prince George’s County

As the nation prepares to commemorate America's 250th anniversary, the Southern Maryland National Heritage Area (SMNHA) is demonstrating how history, culture, and tourism can serve as powerful catalysts for economic growth.

As reported by Southern Maryland NewsNet, more than 200 leaders, stakeholders, and community members gathered for the Southern Maryland 250: Liberty and Legacy celebration, where SMNHA unveiled its 10-year Master Plan to preserve the region's historic, cultural, and natural assets while expanding heritage tourism across Calvert, Charles, St. Mary's, and southern Prince George's counties.

For Prince George's County, the initiative represents more than a celebration of history—it is a long-term economic development strategy. Heritage tourism attracts visitors who spend money at local restaurants, hotels, retail shops, attractions, and small businesses, creating economic activity that supports jobs and strengthens local communities. Historic sites and cultural destinations also enhance a region's identity, making it more attractive to residents, businesses, and investors.

According to SMNHA, Maryland's Heritage Area Program generates $2.4 billion in annual economic activity, supports more than 40,000 jobs, and returns approximately $7 in economic activity for every $1 invested. These figures demonstrate how investments in cultural preservation can also deliver measurable economic returns for local economies.

Southern Prince George's County is home to nationally significant historic and cultural assets that contribute to this regional tourism economy. As implementation of the Master Plan moves forward, increased collaboration among local governments, businesses, tourism organizations, and community partners can help attract more visitors, encourage longer stays, and create new opportunities for entrepreneurs and small businesses.

By leveraging its rich history alongside strategic economic development initiatives, Prince George's County is well-positioned to capitalize on heritage tourism as a driver of business growth, community investment, and regional competitiveness.

Read the full article here:
https://smnewsnet.com/archives/561803/southern-maryland-250th-celebration-marks-defining-milestone-for-national-heritage-area/

Community-Driven Vision for Former Six Flags Site Could Transform Prince George’s County’s Economy

The redevelopment of the former Six Flags America property represents one of the most significant economic development opportunities in Prince George’s County. As planning moves forward, County leaders, developers, and residents are collaborating to shape a vision that will drive long-term economic growth and create a vibrant destination for the region.

As reported by Razak Diallo for the Washington Informer, community members recently gathered at a town hall to discuss the future of the 515-acre property, now owned by a joint venture between TPA Group and 35V, the investment company co-founded by Prince George’s County native and NBA star Kevin Durant. During the discussion, County Executive Aisha Braveboy highlighted the importance of creating a year-round destination that generates jobs, attracts investment, and enhances quality of life for residents.

Rather than redeveloping the site with a single-use project, the vision centers on five key pillars: entertainment, education, health and wellness, housing, and innovation. This mixed-use approach is designed to create a dynamic community where people can live, work, learn, and gather while generating sustained economic activity throughout the year.

The potential economic impact extends far beyond the site itself. A development of this scale can create construction and permanent jobs, attract new businesses, increase consumer spending, expand the local tax base, and encourage additional private investment in surrounding communities. Nearby restaurants, retailers, hotels, entertainment venues, and service providers also stand to benefit from increased visitor traffic and business activity.

Equally important is the project's commitment to community engagement. By incorporating public input throughout the planning process, developers have the opportunity to create a destination that reflects the priorities of Prince George’s County residents while supporting inclusive, long-term economic growth.

As Prince George’s County continues to invest in transformational projects, the redevelopment of the former Six Flags America site has the potential to become a catalyst for innovation, placemaking, and economic prosperity. The project represents a unique opportunity to reimagine a landmark property into a thriving destination that strengthens the County’s competitiveness and benefits residents, businesses, and visitors for generations to come.

Read the full article here:
https://www.washingtoninformer.com/six-flags-america-redevelopment/

Access to Capital Continues to Fuel Small Business Growth in Prince George’s County

Access to capital remains one of the greatest drivers of small business success, enabling entrepreneurs to innovate, expand, and create jobs. New grant opportunities available this July offer eligible businesses additional pathways to secure funding and invest in their long-term growth.

As reported by senior reporter Andy Medici for The Business Journals, several grant programs are accepting applications this month, including opportunities for food businesses, sports-related organizations, and other small enterprises. While eligibility varies by program, the growing availability of private-sector grants reflects a broader commitment to supporting entrepreneurship and strengthening local economies.

For Prince George’s County businesses, grant funding can provide the financial flexibility needed to invest in equipment, technology, facility improvements, workforce development, inventory, marketing, and business expansion—without increasing debt. These investments help businesses become more competitive, improve operational efficiency, and position themselves for sustainable growth.

The impact reaches beyond individual companies. As businesses expand, they create jobs, support local suppliers, activate commercial corridors, and generate increased consumer spending throughout the County. Stronger small businesses contribute to a more resilient local economy, attract additional investment, and help foster vibrant communities where businesses and residents can thrive.

Access to funding also plays a critical role in encouraging innovation and entrepreneurship. By leveraging grant opportunities alongside local, state, and federal business resources, Prince George’s County entrepreneurs can strengthen their operations, pursue new markets, and build long-term success.

As Prince George’s County continues to cultivate a strong entrepreneurial ecosystem, staying informed about available funding opportunities remains an important strategy for businesses seeking to grow, compete, and contribute to the County’s continued economic prosperity.

Read the full article here:
https://www.bizjournals.com/washington/news/2026/07/01/small-business-grants-july-2026-stanley-santander.html

Innovation, Collaboration, and Capital Take Center Stage at ISBI Demo Day and TEDCO Open House

Entrepreneurs, innovators, investors, and resource partners gathered at the Prince George's County Economic Development Corporation's (PGCEDC) Innovation Station Business Incubator (ISBI) on June 17 for an afternoon dedicated to innovation, commercialization, and entrepreneurial growth.

The ISBI Demo Day, TEDCO Update, and Open House showcased the strength of Prince George's County's innovation ecosystem by connecting startup founders with business support organizations, funding opportunities, and fellow entrepreneurs committed to transforming ideas into scalable businesses.

Hosted at PGCEDC's Innovation Station Business Incubator, the event featured live product demonstrations from current ISBI member companies and graduates, networking opportunities with industry leaders, and updates on resources available to Maryland's technology and innovation community.

Highlighting the Next Generation of Innovation

Attendees experienced firsthand how companies within Innovation Station are developing solutions across a variety of industries through interactive demonstrations and conversations with entrepreneurs.

The showcase reflected ISBI's mission of helping high-growth companies accelerate commercialization through mentorship, strategic partnerships, technical assistance, and access to capital.

As Prince George's County continues to strengthen its position as a regional innovation hub, programs such as Demo Day provide entrepreneurs with valuable opportunities to gain visibility while connecting with investors, corporate partners, and fellow founders.

TEDCO Shares Funding Opportunities for Technology Companies

A highlight of the afternoon was a presentation from Mindy Lehman, Chief Government Program Development, Affairs & Policy at the Maryland Technology Development Corporation.

Lehman provided entrepreneurs with an overview of TEDCO's statewide mission to support Maryland's innovation economy by helping technology-based companies move ideas from concept to commercialization. Her presentation highlighted funding programs, commercialization resources, strategic partnerships, and state initiatives designed to strengthen Maryland's entrepreneurial ecosystem.

She also discussed how startups can better position themselves to compete for federal innovation funding, leverage state resources, and build sustainable growth strategies while remaining in Maryland.

TEDCO continues to play a vital role in supporting early-stage companies by providing access to funding, mentoring, networking opportunities, and commercialization assistance that helps entrepreneurs bring innovative technologies to market.

Innovation Station Continues to Fuel Entrepreneurial Growth

Innovation Station Business Incubator remains one of Prince George's County's premier destinations for entrepreneurs seeking the resources needed to launch and grow successful companies.

Operated by PGCEDC, Innovation Station provides flexible office space, business advising, educational programming, networking opportunities, and direct connections to investors, mentors, and strategic partners. The incubator also serves as a collaborative environment where entrepreneurs can exchange ideas, build relationships, and access the support necessary to scale their businesses.

Events such as Demo Day reinforce Innovation Station's commitment to cultivating an entrepreneurial community that encourages innovation, collaboration, and long-term economic growth.

Strengthening Prince George's County's Innovation Ecosystem

The ISBI Demo Day and TEDCO Open House illustrated the power of collaboration between public agencies, entrepreneurs, and innovation partners working toward a common goal—creating an environment where businesses can start, grow, and thrive.

By bringing together founders, resource organizations, investors, and economic development professionals, PGCEDC continues to strengthen Prince George's County's reputation as a destination for technology, entrepreneurship, and innovation.

As new companies continue to emerge and existing businesses expand, Innovation Station remains an important catalyst for fostering the next generation of entrepreneurs and supporting the County's growing innovation economy.

Learn More

Entrepreneurs interested in Innovation Station Business Incubator programs, membership opportunities, and upcoming events can learn more by visiting PGCEDC's Innovation Station at https://www.pgcedc.com/innovation-station.

PGCEDC and Redevelopment Authority Strengthen Collaboration to Advance Redevelopment Across Prince George's County

PGCEDC and Redevelopment Authority Strengthen Collaboration to Advance Redevelopment Across Prince George's County

The Prince George's County Economic Development Corporation (PGCEDC) recently met with the Prince George's County Redevelopment Authority (RDA) to explore opportunities for greater collaboration in advancing redevelopment projects, attracting investment, and strengthening commercial corridors throughout Prince George's County.

Held on June 25, the strategic discussion focused on how both organizations can leverage their respective expertise to accelerate redevelopment initiatives, recruit new businesses, and create vibrant mixed-use communities that enhance quality of life for residents and businesses alike.

During the meeting, RDA leadership provided an overview of its mission to revitalize and reinvest in communities throughout Prince George's County, particularly within the Inner Beltway, while highlighting several transformative redevelopment projects currently underway.

Among the projects discussed were:

• Suitland Town Center Redevelopment

• Suitland Fashion District

• Former Prince George's Hospital Redevelopment in Cheverly

• Beacon Heights Mixed-Use Development

• Aviation Landing in College Park

• 210 on the Park in Capitol Heights

• Blue Line Corridor Redevelopment

• Fairmount Heights Creative Media Project

• Additional surplus property redevelopment opportunities throughout the County.

A significant portion of the discussion centered on the future of Suitland, which continues to be one of the County's highest redevelopment priorities. Plans include a walkable mixed-use community featuring residential development, neighborhood retail, restaurants, public gathering spaces, and a proposed Fashion District designed to support local designers, entrepreneurs, and the County's growing creative economy. Grocery store recruitment was identified as a key catalyst for the project's long-term commercial success.

The conversation also explored redevelopment opportunities at the former Prince George's Hospital site in Cheverly, where approximately 1,300 residential units, neighborhood retail, restaurants, and mixed-use amenities are envisioned. Participants also discussed Beacon Heights, a six-acre transit-oriented redevelopment site adjacent to the future Purple Line that is expected to deliver new housing and mixed-use opportunities.

Throughout the meeting, both organizations identified multiple opportunities for continued collaboration. PGCEDC's business development expertise can help support redevelopment projects through strategic business attraction, grocery and restaurant recruitment, healthcare recruitment, developer engagement, incentive packaging, market analysis, and international business development.

The discussion also reinforced the importance of transit-oriented development as a driving force behind future growth. As Prince George's County continues investing in Metro-connected communities, redevelopment efforts are increasingly focused on creating walkable, mixed-use destinations that combine housing, retail, employment, entertainment, and community gathering spaces.

In addition to commercial development, participants explored opportunities to strengthen the County's creative economy through initiatives such as the proposed Suitland Fashion District, arts and cultural programming, film production facilities, AI-enabled creative studios, and partnerships with higher education institutions to support workforce development and entrepreneurship.

The meeting concluded with a shared commitment to strengthening coordination between the Redevelopment Authority and PGCEDC to help attract investment, support redevelopment, activate commercial corridors, and position Prince George's County for long-term economic success.

By aligning redevelopment strategy with business attraction and economic development, both organizations are working together to create thriving communities that generate jobs, expand investment opportunities, and enhance the County's competitiveness throughout the region.

America's Seed Fund Summit Opens New Funding Pathways for Prince George's County Innovators

America's Seed Fund Summit Opens New Funding Pathways for Prince George's County Innovators

Prince George's County entrepreneurs developing breakthrough technologies have a unique opportunity this July to connect with the nation's largest source of early-stage, non-dilutive research and development funding.

The America's Seed Fund Summit, hosted by the U.S. Small Business Administration, brings together entrepreneurs, innovators, researchers, investors, and entrepreneurial support organizations through a month-long series of virtual and in-person events designed to help technology companies navigate the federal funding landscape. The Summit connects participants with the Small Business Innovation Research (SBIR) Program and Small Business Technology Transfer (STTR) Program—collectively known as America's Seed Fund—which awards more than $5 billion annually in non-dilutive funding to support high-growth technology startups.

Unlike traditional venture capital or equity financing, America's Seed Fund allows entrepreneurs to advance innovative technologies without giving up ownership in their companies. The program supports research, product development, commercialization, and technology transfer across a wide range of industries, including artificial intelligence, biotechnology, cybersecurity, clean energy, advanced manufacturing, aerospace, robotics, semiconductors, and medical technologies.

Supporting Innovation in Prince George's County

Prince George's County continues to strengthen its reputation as a hub for innovation and technology commercialization through investments in entrepreneurship, research partnerships, and business support services.

As home to nationally recognized institutions such as University of Maryland, the University of Maryland Discovery District, and a growing network of innovation centers, incubators, accelerators, and startup resources, the County offers fertile ground for founders developing next-generation technologies.

The Prince George's County Economic Development Corporation (PGCEDC) encourages local entrepreneurs and technology companies to explore funding opportunities that can accelerate innovation, strengthen commercialization efforts, and position their businesses for long-term growth.

What Participants Can Expect

Throughout the Summit, attendees will have opportunities to:

• Learn how to successfully pursue SBIR and STTR funding opportunities.

• Hear directly from federal agency representatives administering innovation funding programs.

• Gain insight into the commercialization process for emerging technologies.

• Connect with entrepreneur support organizations, investors, and innovation ecosystem partners.

• Build relationships with fellow founders and researchers from across the country.

• Better understand how federal research and development funding can help bring new technologies to market.

Building a Stronger Innovation Economy

For entrepreneurs seeking to transform research into market-ready products, America's Seed Fund represents one of the country's most significant resources for early-stage technology development.

By leveraging opportunities such as the America's Seed Fund Summit, Prince George's County innovators can access capital, expertise, and national networks that help strengthen the region's innovation economy while supporting the commercialization of groundbreaking ideas.

PGCEDC remains committed to connecting entrepreneurs with the resources, partnerships, and funding opportunities that help businesses launch, grow, and thrive in Prince George's County.

Learn More

Entrepreneurs interested in participating can view the Summit schedule and register by visiting the America's Seed Fund Summit website.

Reimagining the Former Six Flags Site: Community Vision Takes Shape for a Transformational Economic Development Project

Community leaders, residents, and development partners outline a bold vision for one of the largest redevelopment opportunities in the history of Prince George's County.

Prince George's County residents, business leaders, and development partners gathered at the Wayne K. Curry Administration Building on Thursday, June 25, for the Reimagining the Former Six Flags Site: A Community Vision Panel, an important milestone in shaping one of the largest redevelopment opportunities in the County's history.

Hosted by County Executive Aisha Braveboy, the community conversation invited residents to share their ideas for the future of the 515-acre former Six Flags America property—a site envisioned to become a vibrant, year-round destination that generates economic opportunity, creates jobs, and enhances quality of life throughout Prince George's County.

Selected as the future stewards of the property, a joint venture between 35V, the investment firm co-founded by Prince George's County native Kevin Durant and Rich Kleiman, and TPA Group, a nationally recognized master developer with more than four decades of experience, outlined a bold vision for transforming the site into a destination designed to rival—and ultimately surpass—the economic impact of National Harbor.

"This is our moment to think bigger," County Executive Braveboy said when announcing the initiative. "We have 515 acres and the vision to maximize every inch of it—creating jobs, attracting investment, and building something our residents will be proud of for generations to come."

A Vision Built Around Five Strategic Pillars

Development leaders presented a long-term vision centered on five interconnected pillars designed to create an "18-hour city"—a destination that remains active well beyond the traditional workday while supporting residents, businesses, and visitors.

The proposed framework includes:

1. Entertainment featuring destination attractions, chef-driven dining experiences, and year-round programming.

2. Education through workforce development, internships, youth engagement, entrepreneurship, and lifelong learning opportunities.

3. Health & Wellness encompasses healthcare innovation, senior living opportunities, access to fresh food, and recreational amenities.

4. Housing with diverse residential options designed to support workforce, family, and senior living needs.

5. Innovation focused on attracting technology companies, research partnerships, entrepreneurship, and next-generation industries.

Together, these elements aim to create a mixed-use destination where people can live, work, learn, recreate, and innovate in one connected community.

Community Voices Helping Shape the Future

Throughout the discussion, panelists emphasized that community engagement will remain central to the planning process.

Residents are encouraged to complete surveys and participate in future public meetings to help determine which amenities they want to see incorporated into the redevelopment.

Among the priorities discussed were:

• Expanded parks, trails, and activated green spaces.

• Walkable community design.

• High-quality restaurants and entertainment venues.

• Destination retail experiences.

• Long-term career opportunities and workforce development.

• Spaces that encourage innovation and entrepreneurship.

Leaders also highlighted opportunities to preserve and activate portions of the site's existing wetlands and wooded areas, creating recreational assets that complement future development.

A Generational Investment in Prince George's County

While redevelopment remains in its planning phase, County leadership described the project as a long-term investment that will be implemented in phases over the coming decade.

The redevelopment represents far more than replacing a former amusement park. It is an opportunity to strengthen Prince George's County's commercial tax base, attract private investment, create thousands of jobs, and establish a destination that keeps more consumer spending within the County while attracting visitors from across the region and beyond.

As planning continues, the project reflects Prince George's County's commitment to strategic economic development driven by collaboration between government, private industry, and the community.

By combining community input with visionary planning, the transformation of the former Six Flags property has the potential to become one of the most significant economic development projects in the County's history—creating lasting opportunities for residents, businesses, and future generations.

Federal Investment in Ivy VINE Strengthens Prince George’s County’s Nonprofit Ecosystem

Prince George’s County’s nonprofit sector is poised for significant growth following a $2 million federal investment awarded to The Ivy Community Charities of Prince George’s County, Inc. to complete the Ivy Village Incubator for Nonprofit Excellence (Ivy VINE) complex in Suitland.

The funding, secured through Fiscal Year 2026 Congressionally Directed Spending by U.S. Senators Chris Van Hollen and Angela Alsobrooks, will support the completion of the Ivy VINE Training Center and Podcast Studio, as well as the Ivy VINE Office Suites. Together, the facilities will provide professional training space, collaborative work environments, and affordable office accommodations for nonprofit organizations serving Prince George’s County residents.

Beyond the construction project itself, the investment represents a significant opportunity to strengthen the County’s nonprofit infrastructure. According to The Ivy Community Charities, approximately 75% of Prince George’s County nonprofits operate with annual revenues below $25,000 and often lack access to dedicated office space, organizational resources, and capacity-building support. The Ivy VINE complex is designed to help address these challenges by providing nonprofits with the tools, training, and collaborative environment needed to increase their impact and sustainability.

The economic impact extends beyond the nonprofit sector. Strong nonprofit organizations contribute to workforce development, youth programming, educational support, family services, and community stabilization efforts that improve quality of life and help create stronger communities. By helping nonprofits build organizational capacity, the Ivy VINE initiative can enhance service delivery, attract additional grant funding, create jobs, and generate long-term economic and social benefits throughout Prince George’s County.

The project also reflects continued investment in Suitland and demonstrates how strategic partnerships between federal, local, nonprofit, and community stakeholders can create lasting assets that support inclusive economic growth. As Prince George’s County continues to expand opportunities for residents and businesses, initiatives like Ivy VINE play an important role in strengthening the organizations that serve as anchors within local communities.

Read the full article here:
http://www.iccpgc.org

Global Retailer Primark Highlights Continued Confidence in Prince George’s County’s Retail Market

Prince George’s County continues to attract national and international retailers, reinforcing its position as one of the region’s most attractive destinations for commercial investment and retail growth.

As reported by The Daily Record, international fashion retailer Primark announced plans to open a 30,000-square-foot store at Mall at Prince George’s in Hyattsville, occupying a former JCPenney location. The expansion is part of the company’s broader U.S. growth strategy, which aims to significantly increase its footprint across the country.

For Prince George’s County, the significance of this investment extends beyond the opening of a single retail store. When global brands select locations for expansion, they evaluate factors such as population growth, consumer spending power, accessibility, workforce availability, and long-term market potential. Primark’s decision to invest in Hyattsville signals confidence in the County’s economic strength and its ability to support large-scale retail operations.

Retail investments generate economic benefits that ripple throughout the community. New stores create jobs, increase foot traffic for neighboring businesses, attract additional shoppers to retail centers, and contribute to local tax revenues that help support public services and infrastructure. They also strengthen commercial corridors by filling vacant spaces and enhancing the overall shopping experience for residents and visitors.

The investment is particularly meaningful for Mall at Prince George’s, one of the County’s major retail destinations. The addition of a globally recognized retailer can help increase visitation and support surrounding businesses, including restaurants, service providers, and smaller retailers that benefit from increased customer traffic. This type of activity helps create a stronger and more resilient local retail ecosystem.

From an economic development perspective, successful retail attraction efforts also send a positive message to other businesses evaluating expansion opportunities. The arrival of a major international brand demonstrates market demand and can encourage additional investment from retailers, developers, and commercial property owners seeking to capitalize on the County’s growing consumer base.

As Prince George’s County continues to invest in commercial corridors, mixed-use developments, and transit-accessible destinations, projects like Primark’s expansion highlight the County’s ability to compete for high-profile retail investments. These developments not only enhance consumer choice but also contribute to job creation, increased economic activity, and long-term community growth.

Read the full article here:
https://thedailyrecord.com/2024/02/07/primark-at-add-30k-sf-store-at-mall-at-prince-georges-in-hyattsville/

New Virtual Production Studio Positions Prince George’s County as a Hub for the Creative Economy

Prince George’s County is taking another step toward becoming a leader in the creative and innovation economy with the development of Revolutionary VP Studios, a state-of-the-art virtual production facility in Laurel.

As reported by Threee60, the 38,000-square-foot facility will leverage advanced virtual production technology to support film, television, commercial, photography, and immersive media projects. The studio is expected to provide creators with access to cutting-edge digital production capabilities while helping attract new business activity to the region.

The economic impact of this investment extends far beyond the entertainment industry. Creative economy projects generate demand for a wide range of supporting businesses, including hotels, restaurants, transportation providers, caterers, construction firms, technology companies, equipment suppliers, and professional service providers. Each production brought to the County has the potential to create spending that benefits local businesses and workers throughout the supply chain.

According to company leaders and County officials, the facility is designed to attract major film, television, streaming, and commercial productions that would otherwise leave the region in search of advanced production infrastructure. By providing these capabilities locally, Prince George’s County can capture economic activity that may have previously gone to markets such as New York, Atlanta, or Los Angeles.

The project also creates workforce development opportunities. Revolutionary VP Studios has discussed partnerships with educational institutions, including Bowie State University, to help prepare students for careers in filmmaking, visual effects, immersive media, gaming, and digital content creation. These efforts can help build a local talent pipeline while providing residents with access to high-growth, technology-driven careers.

From an economic development perspective, investments in creative infrastructure help diversify the local economy and strengthen Prince George’s County's competitive position. As industries increasingly rely on digital storytelling, immersive experiences, and advanced production technologies, the County is well-positioned to attract companies and talent seeking access to next-generation creative resources.

The arrival of Revolutionary VP Studios demonstrates how strategic investments in innovation and technology can create ripple effects throughout the economy. By supporting business attraction, workforce development, entrepreneurship, and industry growth, the project represents another example of how Prince George’s County is building a foundation for long-term economic success and positioning itself as a destination for the future of media and entertainment.

Read full article here New Virtual Production Studio Positions Prince George's County for Growth in the Creative Economy

Read the full article here:
https://threee60.com/new-virtual-production-studio-positions-prince-georges-county-for-growth-in-the-creative-economy/

Largo Development Project Signals Major Economic Opportunity for Prince George’s County

Largo Development Project Signals Major Economic Opportunity for Prince George’s County

Prince George’s County continues to build momentum as a destination for investment and growth, with a transformative development planned for Largo that aims to create a vibrant mixed-use destination and strengthen the County’s economic future.

As reported by WTOP, developers are planning a large-scale project that will bring new residential, retail, entertainment, and public gathering spaces to Largo. Located near the Largo Town Center Metro Station and the University of Maryland Capital Region Medical Center, the development is designed to create a walkable, transit-oriented destination that serves residents, businesses, and visitors alike.

The economic impact of a project of this scale extends far beyond new buildings. Mixed-use developments help attract private investment, increase property values, create construction and permanent jobs, and generate new opportunities for local businesses. Retailers, restaurants, service providers, and entertainment venues often benefit from the increased foot traffic and consumer spending that accompany destination-oriented developments.

The project also aligns with broader efforts to position Largo as a major economic hub within Prince George’s County. With key assets such as Metro access, healthcare infrastructure, and available development opportunities, the area is well-positioned to attract employers, residents, and investors seeking connectivity and convenience.

Developments that combine residential, commercial, and recreational amenities are increasingly attractive to both businesses and talent. Creating vibrant places where people can live, work, shop, and gather helps communities remain competitive in attracting investment and supporting long-term economic growth.

For Prince George’s County, the proposed Largo transformation represents more than a development project—it is an investment in the County’s future. By creating a destination that supports business activity, enhances quality of life, and encourages additional private-sector investment, the project has the potential to generate lasting economic benefits for residents and businesses throughout the region.

Read the full article here:
https://wtop.com/prince-georges-county/2026/06/an-upcoming-development-aims-to-transform-largo-md-into-a-destination-point/

Juneteenth Celebrations Showcase Prince George’s County’s Cultural Assets and Economic Impact

As communities across Maryland prepare to celebrate Juneteenth, Prince George’s County is once again demonstrating how cultural events can serve as both meaningful community gatherings and drivers of local economic activity.

As reported by The BayNet, numerous Juneteenth celebrations are taking place throughout Southern Maryland, Annapolis, and Prince George’s County, highlighting the region’s commitment to honoring African American history, culture, and achievement. Among the featured events is the National Harbor Juneteenth Freedom Day Celebration, which will bring together residents, visitors, entrepreneurs, and community organizations for a day of cultural programming and entertainment.

For Prince George’s County, Juneteenth celebrations represent more than commemorative events. They create opportunities to support small businesses, increase visitor spending, and showcase the County as a vibrant destination for cultural tourism.

The National Harbor Juneteenth Freedom Day Celebration will feature live performances, cultural demonstrations, family-friendly activities, food vendors, and a marketplace highlighting Black-owned businesses. Events such as these provide valuable exposure for local entrepreneurs while generating economic activity for restaurants, retailers, hospitality providers, and event-related businesses.

Across the country, cultural tourism continues to be a growing segment of the visitor economy. Travelers increasingly seek authentic experiences that connect them to local history, heritage, and culture. Prince George’s County is uniquely positioned to capitalize on this trend through its diverse communities, rich African American history, and growing portfolio of cultural events and attractions.

Juneteenth celebrations also contribute to place-making efforts that strengthen community identity and enhance quality of life. Vibrant public events help foster community engagement, encourage local spending, and create positive experiences that can attract future visitors and investment. These factors are increasingly important as communities compete to attract businesses, residents, and talent.

The economic impact extends beyond the event itself. Visitors attending celebrations often patronize nearby restaurants, hotels, entertainment venues, and retail establishments, creating a ripple effect throughout the local economy. For small businesses, participation in festivals and community events can provide opportunities to reach new customers, increase brand awareness, and generate revenue.

Prince George’s County continues to build on its reputation as a destination for major events, cultural programming, and tourism-driven experiences. Juneteenth celebrations add to a growing calendar of activities that help showcase the County’s assets while supporting local businesses and community organizations.

As Juneteenth observances continue to grow in popularity, they offer a reminder that cultural celebrations are not only opportunities to honor history but also powerful tools for community development, economic vitality, and regional visibility. By supporting events that celebrate heritage and entrepreneurship, Prince George’s County strengthens both its cultural identity and its economic future.

Click here to read full article : https://thebaynet.com/where-to-celebrate-juneteenth-in-southern-maryland-annapolis-and-prince-georges-county/

New Skilled Trades Employment Platform Highlights Opportunities for Workforce Growth and Business Expansion

As industries across North America continue to face labor shortages in skilled trades, innovative workforce solutions are emerging to help connect employers with qualified talent more efficiently. A recently launched employment platform designed specifically for trades professionals highlights a growing trend that could have meaningful implications for workforce development efforts in Prince George’s County.

As reported by journalist Brendan Pawliw for My Prince George Now, the new platform was created to help individuals working in trades-related fields connect with employment opportunities while making it easier for employers to identify and recruit skilled workers. The initiative reflects increasing demand for streamlined hiring solutions in sectors such as construction, manufacturing, electrical work, plumbing, HVAC, transportation, and other technical occupations.

For Prince George’s County, the story reinforces a broader workforce challenge and opportunity. Skilled trades remain among the most in-demand occupations throughout the region as public infrastructure projects, commercial development, advanced manufacturing investments, and construction activity continue to drive demand for qualified workers. Workforce shortages can slow project timelines, increase costs, and limit business growth potential, making talent development a critical economic development priority.

The County has already made significant investments in workforce development through organizations such as Employ Prince George’s and the Prince George’s County American Job Center Community Network, which connect residents to training, apprenticeships, job placement services, and employer resources. These programs help bridge the gap between workforce needs and employment opportunities while supporting local business competitiveness.

The growing focus on skilled trades also aligns with regional efforts to expand pathways into high-demand careers without requiring traditional four-year degrees. Apprenticeships, technical certifications, workforce training programs, and industry partnerships are increasingly recognized as effective tools for building a pipeline of talent capable of supporting long-term economic growth. Prince George’s County Community College and workforce development organizations continue to expand access to these career pathways through training and apprenticeship programs designed to meet employer demand.

From an economic development perspective, technologies and platforms that improve labor market connections can benefit both businesses and job seekers. Employers gain access to a larger pool of qualified candidates, while workers can more easily identify opportunities that match their skills and career goals. Improved workforce matching can help reduce hiring delays, support business expansion, and strengthen regional competitiveness.

As Prince George’s County continues to attract investment across industries including construction, clean energy, advanced manufacturing, transportation, and infrastructure development, ensuring access to a skilled workforce will remain essential. Workforce innovation—whether through new digital platforms, training initiatives, or employer partnerships—plays a critical role in helping businesses grow while creating sustainable career opportunities for residents.

The emergence of specialized employment tools for skilled trades serves as a reminder that workforce development and economic development are increasingly interconnected. Communities that successfully connect talent with opportunity will be best positioned to support business growth and long-term economic prosperity.

Click here to read the full article: https://www.myprincegeorgenow.com/248836/news/business/new-jobs-platform-helps-people-in-trades-find-employment/

Environmental Education Investments Help Build Prince George’s County’s Future Workforce and Strengthen Community Resilience

Prince George’s County students will soon have expanded opportunities to engage in hands-on environmental learning thanks to new funding awarded through the Maryland Department of Natural Resources (DNR), a development that highlights the growing connection between environmental stewardship, workforce development, and long-term economic competitiveness.

As reported by The BayNet and the Maryland Department of Natural Resources, the Accokeek Foundation is among two Maryland organizations selected to receive funding through the U.S. Environmental Protection Agency’s Chesapeake Bay Implementation Grant program. The initiative will support environmental education and stewardship activities for students in Prince George’s County Public Schools and Charles County Public Schools.

The Accokeek Foundation’s Wild Rice Meaningful Watershed Educational Experience program will combine traditional ecological knowledge, cultural heritage, and environmental science to engage seventh-grade students in hands-on restoration activities. Participants will help plant and maintain wetland ecosystems, collect environmental data, and learn about the importance of watershed protection.

While the immediate focus is environmental education, programs like these also contribute to broader economic development goals. Exposure to environmental science, conservation, data collection, and ecosystem management helps introduce students to career pathways in sustainability, environmental engineering, natural resource management, biotechnology, and related STEM fields that are increasingly important to Maryland’s economy.

For Prince George’s County, building awareness of environmental careers aligns with efforts to cultivate a skilled workforce prepared for emerging industries. As employers across the region continue to prioritize sustainability and resilience initiatives, educational programs that connect classroom learning with real-world applications can help strengthen the talent pipeline needed to support future economic growth.

The funding also reinforces the County’s commitment to protecting natural resources that contribute to the quality of life and community attractiveness. Access to healthy waterways, parks, and environmental assets enhances regional competitiveness by making communities more desirable places to live, work, and invest.

Environmental stewardship programs frequently create opportunities for partnerships among schools, nonprofit organizations, government agencies, and community stakeholders. These collaborations can generate lasting benefits by encouraging civic engagement, strengthening local institutions, and fostering a culture of sustainability that supports long-term community development.

As Prince George’s County continues to attract investment across sectors ranging from life sciences and technology to advanced manufacturing and clean energy, initiatives that connect education, environmental responsibility, and workforce readiness will play an increasingly important role in supporting economic prosperity for future generations.

Through investments in environmental education today, the County is helping prepare tomorrow’s workforce while reinforcing the environmental assets that contribute to a strong and resilient local economy.

Click Here to read the full article: https://thebaynet.com/prince-georges-charles-and-anne-arundel-county-programs-awarded-environmental-education-funding/

Maryland’s Revitalization Investment Signals Strong Growth Opportunities for Prince George’s County Businesses

Prince George’s County is poised to benefit from a new wave of state-supported investment aimed at strengthening communities, expanding economic opportunity, and creating vibrant places where businesses can thrive.

As reported by the Maryland Department of Housing and Community Development (DHCD), Maryland has proposed investing $28.8 million through its Fiscal Year 2027 State Revitalization Programs to support 64 community development and economic growth projects across the Metro Region, including several key initiatives in Prince George’s County.

The funding reflects a broader statewide strategy focused on revitalization, redevelopment, and placemaking—investments that often serve as catalysts for private-sector growth. According to DHCD Secretary Jake Day, every dollar invested through the department’s revitalization programs generates approximately $17.90 in economic impact, underscoring the significant return these projects can deliver for local economies.

For Prince George’s County, several funded projects have the potential to create long-term economic benefits for residents, entrepreneurs, and employers alike.

Among the projects selected is the construction and fit-out of a new grocery store at Park Place at Addison Road Metro in Capitol Heights. Beyond increasing access to fresh food, the development is expected to generate construction activity, create permanent jobs, and support additional commercial investment in the surrounding area.

In College Park, funding will support engineering and predevelopment work for infrastructure improvements within the Aviation Landing District. These improvements are intended to prepare the site for future mixed-use development, helping position the area for new residential, retail, and commercial investment opportunities that can attract businesses and talent to the County.

Meanwhile, in Fairmount Heights, revitalization efforts will support the renovation of a historic school building that will become the new headquarters for United Communities Against Poverty while also providing community gathering space. Projects like these strengthen neighborhood assets, enhance quality of life, and contribute to creating environments that support workforce development and economic mobility.

From an economic development perspective, these investments represent more than infrastructure improvements. They help lay the groundwork for business expansion, increased consumer activity, and stronger commercial corridors. Revitalization initiatives often improve market confidence, encourage private investment, and create the types of walkable, connected communities that modern employers and employees increasingly seek.

The announcement also aligns with broader development trends occurring throughout Prince George’s County, including transit-oriented development, mixed-use redevelopment, and ongoing efforts to strengthen key business districts. Investments near Metro stations and emerging growth corridors can enhance the County’s competitiveness as businesses evaluate locations for expansion and relocation.

For local businesses, the outlook is encouraging. State-backed revitalization funding can stimulate demand for construction, professional services, retail activity, and small business growth while helping create stronger neighborhood economies. As these projects move forward, they are expected to contribute to a more resilient and dynamic economic environment across Prince George’s County.

With strategic public investment continuing to flow into transformative projects, Prince George’s County remains well-positioned to leverage community development as a driver of long-term economic growth and business opportunity.

Click here to read full article https://news.maryland.gov/dhcd/2026/06/15/state-of-maryland-announces-28-8-million-proposed-for-community-development-projects-in-metro-region/

South Lake Marketplace Expansion Signals Continued Retail Momentum in Prince George’s County

New tenant activity at South Lake Marketplace in Bowie underscores the continued strength of Prince George’s County’s retail market and highlights the growing appeal of mixed-use, destination-oriented developments throughout the region.

As reported by journalist Michael Neibauer in the Washington Business Journal, developer NAI Michael is seeking approvals to bring additional commercial uses to the South Lake development, including restaurant and drive-thru concepts such as Slim Chickens and 7 Brew Coffee, along with a potential daycare facility and medical office space.

The proposed additions build upon the momentum already underway at South Lake, a transformative mixed-use project that is expected to deliver significant retail, residential, and commercial investment to Bowie and the broader Prince George’s County market. The development includes hundreds of thousands of square feet of retail space alongside new housing and community amenities.

For Prince George’s County, continued tenant interest from nationally recognized brands reflects growing confidence in the County’s consumer base, strategic location, and long-term economic outlook. Retail expansions of this nature can generate new jobs, increase commercial activity, and attract additional investment from businesses seeking to capitalize on a growing population and strong regional connectivity.

The potential addition of 7 Brew is particularly noteworthy given the company's previous interest in establishing its first Greater Washington-area location in Prince George’s County. As previously reported, the fast-growing drive-thru coffee brand identified the County as a target market for regional expansion, signaling continued confidence in local growth opportunities.

Beyond the individual tenants, South Lake exemplifies a broader trend shaping economic development across the region: the demand for mixed-use destinations that combine retail, dining, services, housing, and recreation in a single location. These developments create opportunities for both national brands and local businesses while helping communities attract visitors, increase consumer spending, and enhance quality of life.

As Prince George’s County continues to attract new investment and commercial development, projects like South Lake demonstrate how strategic placemaking and diversified business offerings can strengthen local economic competitiveness and support long-term growth.

Source: Washington Business Journal, reporting by Michael Neibauer.

Read full article Here

Prince George’s County World Cup Festival Expected to Drive Visibility and Economic Opportunity for Local Businesses

Prince George’s County is preparing to capitalize on the excitement surrounding the FIFA World Cup with the launch of the Prince George’s County World Cup Festival, a two-day event designed to celebrate the County’s diversity while creating meaningful economic opportunities for local businesses and entrepreneurs.

As announced by County Executive Aisha N. Braveboy and reported by Prince George’s County Government, the free festival will take place June 12–13 at the Prince George’s County Sports and Learning Complex in partnership with EagleSport Holdings. The event will feature a large-scale World Cup watch party, youth soccer competition, live entertainment, cultural programming, food vendors, and community activities.

Beyond the celebration itself, the festival represents a strategic opportunity to showcase Prince George’s County as a destination for sports tourism, cultural events, and small business growth. According to the County, local food trucks, artists, performers, and small business vendors will play a prominent role in the event, providing increased visibility and access to thousands of residents and visitors.

County Executive Braveboy emphasized that the festival aligns with the administration’s commitment to delivering community experiences that also stimulate the local economy. The event highlights how major global sporting moments can be leveraged to support local entrepreneurs, strengthen community engagement, and generate economic activity throughout the County.

For Prince George’s County businesses, the festival reflects a broader trend of communities using sports and entertainment-driven events to attract visitors, encourage local spending, and elevate regional branding. With the FIFA World Cup generating international attention across the region, the County is positioning itself to participate in that momentum while showcasing its cultural diversity and entrepreneurial ecosystem.

The event also reinforces Prince George’s County’s growing role as a hub for sports, entertainment, and community-centered economic development. By creating opportunities for local vendors and providing a platform for cultural expression, the World Cup Festival demonstrates how strategic partnerships and destination-focused programming can contribute to long-term economic vitality and business growth.

Source: Prince George’s County Government; WTOP

Read Full article here

SBA Reorganization Signals New Opportunities and Changes for Small Businesses

The U.S. Small Business Administration (SBA) has announced a significant agency-wide reorganization aimed at modernizing operations, improving efficiency, and enhancing service delivery for entrepreneurs across the country. For Prince George’s County businesses, particularly those engaged in federal contracting, manufacturing, and underserved markets, the changes could create new opportunities while also introducing a more centralized approach to program oversight.

As reported by the Washington Business Journal and detailed in an SBA announcement, the agency is consolidating key functions to streamline operations and improve responsiveness. The reorganization also formally establishes a new Faith Office and Office of Rural Affairs, intended to expand outreach and support to faith-based organizations, rural small businesses, and domestic manufacturers.

The move reflects the SBA’s broader focus on increasing operational efficiency while expanding access to capital, technical assistance, and federal resources. According to the SBA, the reorganization is designed to reduce redundancies, improve coordination, and strengthen support for entrepreneurs and disaster recovery efforts.

For Prince George’s County, home to a growing ecosystem of small businesses, government contractors, and emerging manufacturers, the changes could help create stronger connections between local businesses and federal support programs. Businesses seeking to scale operations, pursue government contracts, or strengthen domestic supply chains may benefit from a more streamlined SBA structure and expanded outreach initiatives.

At the same time, recent SBA actions indicate a heightened emphasis on compliance and accountability within certain business development programs, particularly federal contracting initiatives. As oversight becomes more centralized, businesses participating in SBA certification and contracting programs may need to ensure documentation, reporting, and eligibility requirements remain current.

The reorganization underscores the continued importance of federal resources in supporting entrepreneurship, business growth, and workforce development. For Prince George’s County companies, staying informed about evolving SBA programs and initiatives will be critical to maximizing opportunities and maintaining a competitive position in an increasingly dynamic business environment.

Sources: Washington Business Journal; U.S. Small Business Administration

https://www.princegeorgescountymd.gov/departments-offices/news-events/news/county-executive-aisha-n-braveboy-announces-prince-georges-county-world-cup-festival-celebrating

Read Full Article Here