Prince George’s County Seeks Developer For Purple Line Mixed-Use Project In Riverdale

Prince George’s County continues advancing its long-term vision for transit-oriented development and economic growth as County officials seek a development partner for a major mixed-use project near the future Purple Line Beacon Heights-East Pines station in Riverdale.

As reported by Three | E 60 News, the Redevelopment Authority of Prince George’s County recently issued a request for proposals for approximately six acres of County-owned land located at 6700 Riverdale Road. The site sits directly adjacent to the future Purple Line station and is expected to become part of the County’s growing transit-oriented development strategy centered around housing, retail, commercial activity, and walkable infrastructure.

County leaders continue positioning the Purple Line corridor as a major driver of economic development, connectivity, and community investment throughout Prince George’s County. The 16-mile light rail system will connect Prince George’s County and Montgomery County while linking residents and businesses to Metro, MARC, Amtrak, and regional transit systems.

The Riverdale redevelopment opportunity reflects broader efforts to capitalize on long-term investment surrounding Purple Line infrastructure and transit-accessible corridors. According to Three | E 60 News, the County envisions a project that could include mixed-income housing, neighborhood retail, commercial space, and pedestrian-oriented public amenities designed to support long-term community growth.

“We are focused on getting the project that best serves the transit-oriented development needs of the area and serves the community,” said Perry Paylor, executive director of the Redevelopment Authority of Prince George’s County, according to Three | E 60 News.

Planning documents released through the County’s RFP process emphasize the importance of creating compact, walkable, transit-supportive development patterns that encourage economic activity while improving connectivity and quality of life for residents. The project site is also located within a federally designated Opportunity Zone, creating additional potential for investment and redevelopment activity.

For Prince George’s County-based businesses, continued transit-oriented development along the Purple Line corridor could generate expanded opportunities tied to construction, retail, hospitality, housing, professional services, and small business growth. Transit-accessible mixed-use projects often serve as catalysts for increased consumer traffic, workforce mobility, property investment, and long-term commercial activity.

The County’s broader development strategy also aligns with ongoing efforts to strengthen economic competitiveness through infrastructure investment, smart growth planning, and mixed-use redevelopment near major transportation assets. Previous PGCEDC development initiatives have highlighted the growing role of transit-oriented projects in areas including New Carrollton, College Park, Largo, Riverdale Park, and other Purple Line-connected communities.

According to the County’s RFP, officials are prioritizing proposals that support affordable and workforce housing, local hiring opportunities, minority- and women-owned business participation, public space enhancements, and long-term economic benefits for Prince George’s County residents and businesses.

As the Purple Line moves closer to completion, Prince George’s County continues positioning itself as a regional leader in transit-oriented growth, infrastructure-driven investment, and community-centered economic development.

Businesses interested in exploring development, expansion, or investment opportunities within Prince George’s County are encouraged to connect with PGCEDC’s Business Development Team.

Read more:
Three | E 60 News Article

Purple Line connecting Montgomery, Prince George’s counties another step closer to reality

Prince George’s County is one step closer to gaining a major transportation and economic development asset as the long-awaited Purple Line light rail project reached another significant construction milestone this month.

As reported by WTOP, the final piece of track for the Purple Line was installed during a ceremony attended by local, state, and federal leaders, marking a major step forward for the 16-mile transit system connecting Prince George’s County and Montgomery County.

The Purple Line, expected to open in late 2027, will connect communities from Bethesda to New Carrollton while linking riders to multiple Metro lines, MARC commuter rail lines, and Amtrak services. The project is designed to improve regional connectivity, reduce traffic congestion, and strengthen access to jobs, education, and commercial centers throughout the Washington metropolitan region.

For Prince George’s County, the project represents more than transportation infrastructure. It reflects long-term economic investment tied to business growth, transit-oriented development, workforce accessibility, and regional competitiveness.

The Purple Line corridor is expected to create expanded opportunities for retail, housing, hospitality, office development, and small business growth near stations located throughout Prince George’s County communities including New Carrollton, College Park, Riverdale Park, Hyattsville, Langley Park, and surrounding areas.

“In Maryland, our people have one very simple question for all of their elected officials: are you going to do what you say you’re going to do?” Maryland Governor Wes Moore said during the milestone event. “Today, we are delivering.”

Governor Moore also emphasized the broader economic impact of the project, noting that the Purple Line has already put more than 2,000 people to work while strengthening Maryland’s long-term economic competitiveness.

Prince George’s County Executive Aisha N. Braveboy also highlighted the project’s long-term community and economic benefits.

“We are excited that the Purple Line is almost ready,” Braveboy said. “Investing in the Purple Line has always been about investing in our economy and community by connecting the places people live, work, learn — and enjoy life.”

As transit-oriented development continues expanding nationwide, infrastructure projects like the Purple Line are increasingly viewed as catalysts for economic growth, commercial investment, workforce mobility, and sustainable development. Improved transportation connectivity can help businesses attract talent, increase customer accessibility, and support long-term investment across surrounding commercial corridors.

The project also continues generating opportunities for construction firms, suppliers, engineering companies, and small businesses connected to the transportation and infrastructure sectors. According to Maryland officials, nearly $2.6 million in grants has already been awarded to businesses impacted by Purple Line construction through the state’s Purple Line Small Business Grant program.

For Prince George’s County businesses, the Purple Line represents a long-term investment in regional connectivity and economic mobility that could help strengthen commercial activity, increase development opportunities, and support continued growth throughout the County’s innovation and transportation corridors.

Businesses interested in exploring development, expansion, or investment opportunities within Prince George’s County are encouraged to connect with PGCEDC’s Business Development Team.

Read more:
WTOP Purple Line Article

SBA rolls out $50M business grant program. Here's how it works.

Prince George’s County manufacturers and industrial businesses could see new opportunities for growth following the U.S. Small Business Administration’s rollout of a major grant initiative aimed at strengthening American manufacturing, workforce development, and domestic supply chains.

As reported by the Washington Business Journal, the SBA’s Manufacturing in America Empower to Grow (E2G) Grant Initiative will provide up to $50 million in funding to organizations that support small manufacturers through workforce training, technical assistance, operational support, and business development services.

The initiative reflects growing national momentum around domestic manufacturing expansion, supply chain resiliency, and industrial competitiveness — areas that continue aligning with Prince George’s County’s broader economic development strategy focused on business attraction, workforce development, and emerging industry growth.

According to the SBA, the program is designed to support industries including aerospace, advanced manufacturing, robotics, industrial machinery, construction equipment, metal fabrication, electrical equipment, food processing, and precision manufacturing.

For Prince George’s County-based businesses, the announcement signals broader opportunities tied to federal investment, industrial innovation, and workforce training initiatives that could strengthen local manufacturing ecosystems and supplier networks across the region.

The grant program also reinforces increasing national attention on reshoring supply chains and expanding domestic production capacity. SBA Administrator Kelly Loeffler stated that the initiative is intended to help small manufacturers “grow, reshore critical supply chains, and help secure America’s position as a global manufacturing powerhouse.”

Prince George’s County continues positioning itself as a competitive location for industrial and advanced manufacturing growth due to its strategic proximity to Washington, D.C., access to transportation infrastructure, skilled workforce pipeline, and growing business support ecosystem.

As federal investment in manufacturing and infrastructure continues accelerating, County-based businesses operating within construction, industrial services, advanced manufacturing, logistics, and technology sectors may benefit from increased contracting opportunities, workforce expansion, and regional economic activity connected to domestic production growth.

The SBA initiative also aligns with broader conversations surrounding workforce development and small business competitiveness. The program will support organizations capable of delivering hands-on manufacturing training, technical assistance, operational guidance, and business consulting services to small manufacturers nationwide.

For Prince George’s County entrepreneurs and manufacturers, continued investment in industrial innovation and workforce readiness could help strengthen long-term competitiveness while supporting local job creation and regional business expansion opportunities.

Businesses interested in exploring manufacturing resources, workforce development support, or expansion opportunities within Prince George’s County are encouraged to connect with PGCEDC’s Business Development Team.

Read more:
Washington Business Journal Article

Flippo Construction Company, Inc Awarded the Excellence in Infrastructure Award by the Heavy Construction Contractors Association

Prince George’s County-based companies continue demonstrating the region’s strength in infrastructure, construction, and heavy civil engineering as Forestville-headquartered Flippo Construction Company, Inc. received the Excellence in Infrastructure Award from the Heavy Construction Contractors Association (HCCA) for its work on the Loyola Avenue Storm Sewer Upgrade project in Alexandria, Virginia.

As reported by Press Officer for Flippo Construction Company, Inc., the award recognized the company’s successful delivery of a complex infrastructure project that transformed an existing “V” ditch between residential properties into an underground double-pipe storm sewer system while maintaining active storm water flow during the rainy months of May through July 2025. The project also included regrading and landscaping improvements to surrounding homeowner properties.

The recognition reflects the growing role Prince George’s County-based businesses continue to play in supporting critical infrastructure and utility projects throughout the Washington metropolitan region. Companies operating within the County’s construction and infrastructure sectors remain essential to advancing regional resiliency, transportation, stormwater management, and public works modernization efforts.

As federal, state, and local governments continue increasing investments in infrastructure upgrades and resiliency projects, Prince George’s County businesses are positioned to benefit from expanding contracting opportunities, workforce demand, and regional economic activity tied to construction and utility development.

Flippo Construction Company, Inc., an employee-owned contractor headquartered in Forestville, Maryland, has served government and commercial clients across Maryland, Washington, D.C., and Northern Virginia for more than 55 years. The company specializes in utility construction, heavy civil projects, and infrastructure services throughout the region.

“As a diverse, employee-owned company, our employees take our company motto to heart where ‘Safe, Productive, Quality Jobs with Pride’ is a priority,” said John Morgan, CEO of Flippo Construction Company, Inc. “This award is a testament to our employees’ hard work and attention to detail and I am thankful for all of their efforts.”

The award was presented during the annual HCCA Infrastructure & Safety Awards Banquet held at Chantilly National Golf Club in Centreville, Virginia.

For Prince George’s County, continued recognition of locally headquartered companies like Flippo Construction reinforces the County’s growing reputation as a hub for skilled trades, infrastructure expertise, and workforce-driven industries that contribute to long-term regional economic competitiveness.

The success of construction and infrastructure firms within Prince George’s County also reflects broader opportunities connected to public investment, transportation modernization, resiliency planning, and commercial development projects occurring across the region. As infrastructure needs continue evolving, County-based businesses remain positioned to support both public and private sector growth initiatives while creating jobs and driving economic impact locally and throughout the metropolitan area.

Businesses interested in exploring growth opportunities, workforce resources, or expansion support within Prince George’s County are encouraged to connect with PGCEDC’s Business Development Team.

Read more at PG Post: PG Post

Proposed Sphere Venue at National Harbor Signals Major Opportunity for Prince George’s County Tourism, Hospitality, and Business Growth

A proposed Sphere entertainment venue at National Harbor could position Prince George’s County as one of the nation’s premier destinations for immersive entertainment, tourism, and large-scale economic activity.

As reported by CBS News Baltimore, Maryland lawmakers recently approved legislation that adjusts tax financing provisions to support the development of a Sphere Entertainment venue in Prince George’s County. The proposed 6,000-seat venue would become the second Sphere location in the United States and the first to utilize a smaller-scale venue model.

The project, proposed through a partnership involving Sphere Entertainment, the State of Maryland, Prince George’s County, and Peterson Companies, represents one of the most significant entertainment and tourism development opportunities in the County’s recent history. According to project projections, the venue could generate more than $1 billion annually in economic impact while supporting approximately 2,500 construction jobs and nearly 4,750 permanent operational jobs once completed.

Located just minutes from Washington, D.C., National Harbor already attracts more than 15 million visitors annually through its hospitality, dining, gaming, retail, and convention offerings. County and state leaders believe the addition of a Sphere venue could significantly elevate the region’s national and international visibility while creating new opportunities for local businesses across multiple industries.

The proposed venue would feature cutting-edge immersive entertainment technology, including a 16K-by-16K LED interior display, immersive sound systems, haptic seating, 4D effects, and a programmable exterior LED display capable of showcasing artistic and branded content. The venue is expected to host concerts, immersive productions, branded experiences, and large-scale events year-round.

Beyond entertainment, the project reflects a broader shift in how regions compete for economic growth through destination-driven development. Large-scale experiential venues increasingly serve as catalysts for surrounding business activity, driving increased hotel occupancy, restaurant traffic, retail spending, transportation demand, and long-term tourism investment.

For Prince George’s County-based businesses, the project could create expanded opportunities in hospitality, event services, technology, construction, marketing, logistics, creative industries, and small business partnerships tied to visitor activity and entertainment spending.

In a joint statement highlighted in reporting from CBS Baltimore, state and county leaders described the project as a transformational investment designed to strengthen Maryland’s competitiveness within the tourism and entertainment sectors.

“This will be one of the largest economic development projects in Prince George’s County history,” Maryland Governor Wes Moore said in the announcement surrounding the proposal.

Prince George’s County Executive Aisha N. Braveboy also described the proposal as a “world-class win” for the County and a reflection of the region’s growing ability to attract nationally significant investment projects.

As Prince George’s County continues advancing initiatives focused on business attraction, tourism growth, innovation, and destination development, projects like the proposed Sphere venue demonstrate the County’s growing role as a competitive hub for entertainment, technology, and economic opportunity within the DMV region.

Businesses interested in exploring growth opportunities in Prince George’s County are encouraged to connect with PGCEDC’s Business Development Team for resources, guidance, and support.

https://www.bisnow.com/washington-dc/news/economic-development/achieving-vision-dc-metro-prince-georges-county-studiob-134349

Prince George’s County Continues Positioning Itself as a Leading Economic Hub in the D.C. Metro Region

Prince George’s County continues gaining recognition as one of the fastest-evolving economic engines in the Washington metropolitan region, driven by strategic investment, workforce development, innovation, and business attraction efforts across multiple industries.

As reported by Bisnow in collaboration with the Prince George’s County Economic Development Corporation, County leaders are advancing a long-term vision focused on innovation, inclusion, infrastructure, entrepreneurship, and sustainable economic growth.

The recent Bisnow Studio B feature highlighted Prince George’s County’s emergence as a competitive destination for businesses seeking access to a highly educated and diverse workforce, proximity to Washington, D.C., and expanding opportunities in sectors including technology, life sciences, aerospace, cybersecurity, advanced manufacturing, hospitality, and entrepreneurship.

Under the leadership of Ingrid S. Watson, PGCEDC is prioritizing initiatives that strengthen the County’s economic competitiveness while also investing in quality of life, infrastructure, and community-focused development.

“PGCEDC will focus on elevating and positioning Prince George’s County as a leader in innovation, diversity and economic opportunity,” Watson said in the Bisnow feature.

The article also highlighted the continued impact of the County’s Economic Development Incentive Fund (EDI Fund), which has helped leverage approximately $1.5 billion in investment while contributing to thousands of jobs created and retained across Prince George’s County.

For County-based businesses, this momentum reflects broader opportunities tied to commercial growth, emerging industries, and regional investment. As development continues across areas including National Harbor, the Blue Line Corridor, College Park, and the Innovation Corridor, local businesses stand to benefit from increased consumer activity, expanded supplier opportunities, workforce growth, and infrastructure investment.

The County’s economic strategy also places significant emphasis on supporting entrepreneurs and small businesses through mentorship, technical assistance, accelerator programs, and access to capital. Previous Bisnow reporting highlighted how PGCEDC-supported initiatives have helped hundreds of minority-owned, women-owned, and startup businesses scale operations and secure new opportunities.

This focus on entrepreneurship and innovation aligns with the County’s growing reputation as a regional destination for technology, federal contracting, cybersecurity, life sciences, and innovation-based industries. Earlier Bisnow reporting also pointed to the County’s growing role in NASA-related technology, federal investment, and emerging business sectors connected to institutions like NASA Goddard Space Flight Center and University of Maryland, College Park.

At the same time, Prince George’s County leaders continue balancing economic growth conversations with community priorities tied to sustainability, infrastructure, and long-term development strategy. Discussions surrounding future commercial projects, including data centers and large-scale mixed-use development, reflect the County’s broader efforts to ensure growth aligns with resident needs and long-term economic resilience.

As Prince George’s County continues expanding its role within the regional economy, the County’s combination of strategic location, workforce diversity, innovation assets, and business development resources continues attracting attention from investors, developers, entrepreneurs, and national employers alike.

Businesses interested in exploring growth opportunities, expansion resources, or partnerships within Prince George’s County are encouraged to connect with PGCEDC’s Business Development Team.

Maryland’s Growing Entertainment and Technology Investments Signal Opportunity for Prince George’s County Businesses

Major economic development projects tied to entertainment, tourism, and emerging technology continue to position Prince George's County as a growing hub for regional investment and business activity. As reported by journalist Irit Skulnik in the Southern Maryland Chronicle, Maryland Secretary of Commerce Harry Coker Jr. highlighted the planned Sphere entertainment venue at National Harbor as a transformative economic driver expected to generate more than $1 billion annually for Maryland.

The proposed Sphere project represents more than a high-profile entertainment venue. For Prince George’s County-based businesses, the development could create long-term opportunities across hospitality, construction, logistics, retail, food service, creative services, technology support, and tourism-related industries. Increased visitor traffic to National Harbor could strengthen demand for local suppliers, event vendors, transportation providers, marketing firms, and small businesses serving both residents and tourists.

Coker noted that Maryland’s business-friendly and partnership-focused approach helped attract the project, emphasizing collaboration between state and local partners to accelerate development efforts. For Prince George’s County, projects of this scale also reinforce the County’s visibility as a destination for investment and innovation within the Washington metropolitan region.

The discussion also highlighted growing conversations around data center development and advanced infrastructure investments throughout Maryland. While data centers continue to generate debate surrounding environmental and community impacts, they also reflect the increasing demand for digital infrastructure tied to artificial intelligence, cloud computing, cybersecurity, and enterprise technology services.

For Prince George’s County businesses, this evolving landscape presents both opportunity and responsibility. As major projects move forward, local companies positioned in construction trades, energy solutions, IT services, workforce development, engineering, procurement, and professional services may find new pathways for growth. At the same time, ongoing community discussions around sustainability, zoning, and equitable development underscore the importance of balancing economic expansion with long-term quality-of-life considerations.

With projects like the Sphere drawing national attention and technology infrastructure continuing to expand across the region, Prince George’s County is increasingly being viewed as a strategic location for future-facing investment, tourism, and business development activity.

Prince George’s County Advances Plans for Transformational Sphere Entertainment Venue in Oxon Hill

Prince George’s County is taking a significant step toward strengthening its position as a regional destination for entertainment, tourism, and economic growth with new funding secured for a proposed Sphere-style entertainment venue in Oxon Hill.

As reported by journalist Matt Prichard for DC News Now, County leaders have advanced efforts to bring a high-impact, immersive entertainment venue to the National Harbor area, signaling continued investment in large-scale destination assets that drive visitor traffic and business activity.

A Strategic Investment in Destination Growth

The proposed venue would introduce a next-generation entertainment experience to Prince George’s County, similar to the Sphere concept that has generated global attention for its immersive technology and ability to attract high volumes of visitors.

For County-based businesses, this type of development represents more than a standalone attraction. It creates a multiplier effect across the local economy, including:

• Increased foot traffic for restaurants, retail, and hospitality businesses

• Greater demand for nearby hotels and short-term accommodations

• Expanded opportunities for event-based and service-oriented businesses

• Enhanced visibility for the County as a regional and national destination

Positioned in Oxon Hill near National Harbor, the project builds on an already established tourism corridor, reinforcing the area’s role as a key driver of economic activity within Prince George’s County.

Driving Business Opportunities Across Sectors

Large-scale entertainment venues are increasingly being used by jurisdictions as economic development tools, not just cultural amenities. For Prince George’s County, the potential Sphere venue aligns with broader efforts to attract investment, support business growth, and create jobs.

The anticipated impact extends across multiple sectors:

• Hospitality and Tourism: Increased visitor volume translates directly into higher spending at local hotels, restaurants, and attractions

• Small Business Ecosystem: Local vendors, creatives, and service providers benefit from increased demand tied to events and visitor activity

• Workforce Development: Construction, operations, and ongoing programming create both short-term and long-term employment opportunities

• Commercial Real Estate: Rising demand for retail and mixed-use space near high-traffic destinations

Strengthening the County’s Competitive Position

As neighboring jurisdictions continue to invest in entertainment and mixed-use developments, Prince George’s County’s pursuit of a Sphere-style venue reflects a strategic approach to remaining competitive in the regional economy.

By anchoring innovation-driven entertainment within an established tourism hub, the County is positioning itself to:

• Attract new visitors who may not have previously considered Prince George’s County

• Encourage longer stays and increased spending per visitor

• Support existing businesses while creating pathways for new ones to enter the market

Outlook for Local Businesses

For businesses operating in Prince George’s County, the advancement of this project signals continued momentum in the County’s economic development strategy.

Developments of this scale tend to reshape local markets by increasing demand, elevating brand visibility, and creating new partnership opportunities. Businesses that are positioned to align with tourism, events, and hospitality are likely to see the most immediate benefits, while others may benefit indirectly through increased regional activity and investment.

Source:
As reported by Matt Prichard for DC News Now:
https://www.dcnewsnow.com/news/local-news/maryland/prince-georges-county/prince-georges-county-leaders-get-funding-for-sphere-entertainment-venue-in-oxon-hill/

From Risk to Revenue: What the Sphere’s Turnaround Means for Prince George’s County

Prince George’s County’s pursuit of a Sphere-style entertainment venue in Oxon Hill comes at a pivotal moment, as the flagship Sphere in Las Vegas has rapidly shifted from a perceived financial risk to one of the most successful entertainment venues in the world.

As reported by The Wall Street Journal, the Las Vegas Sphere—once viewed as a potential “disaster” due to construction delays, budget overruns, and early financial losses—has emerged as the highest-grossing arena globally, generating approximately $379 million in revenue and attracting 1.7 million visitors within a year.

A Proven Model for Experience-Driven Economies

The turnaround of the Sphere underscores a broader shift in consumer behavior: audiences are increasingly willing to travel and spend for premium, immersive experiences. The venue’s success is driven by a model that blends:

• High-impact visual and audio technology

• Long-term artist residencies rather than one-night events

• Year-round programming, including immersive film experiences

This model has proven not only viable but highly profitable, with the company moving from significant losses to profitability and planning expansion into new markets—including the Washington, D.C. region.

What This Signals for Prince George’s County

For Prince George’s County, the implications are clear: large-scale entertainment infrastructure is no longer just a cultural investment—it is a strategic economic engine.

A Sphere-style venue in Oxon Hill, near National Harbor, would position the County to capture similar economic benefits, including:

• Regional tourism growth: Destination venues attract visitors willing to travel and spend across multiple days

• Increased local spending: Restaurants, hotels, and retail businesses benefit directly from consistent visitor traffic

• Job creation: Both construction and long-term operations generate employment across multiple sectors

• Business ecosystem expansion: Vendors, creatives, and service providers gain access to new revenue streams tied to events and programming

Comparable projections tied to Sphere developments suggest the potential for thousands of jobs and significant annual economic impact, reinforcing the scale of opportunity for host communities.

Redefining Competitive Advantage in the Region

The Washington metropolitan area is highly competitive when it comes to attracting major developments. What differentiates Prince George’s County in this moment is its ability to leverage:

• Proximity to Washington, D.C.

• Existing tourism infrastructure at National Harbor

• Available space for large-scale development

• A growing emphasis on experiential and destination-based assets

The success of the Las Vegas Sphere demonstrates that early skepticism does not equate to long-term failure—particularly when projects align with evolving consumer demand.

Outlook for County-Based Businesses

For businesses in Prince George’s County, this development represents more than a future venue—it signals a shift toward a more experience-driven local economy.

Industries most likely to benefit include:

• Hospitality and food service

• Event production and creative services

• Transportation and logistics

• Retail and experiential brands

More importantly, developments of this scale elevate the County’s profile, creating ripple effects that extend beyond immediate proximity to the venue.

Source:
As reported by The Wall Street Journal on the performance and expansion of the Sphere entertainment model:
https://www.wsj.com/business/media/sphere-vegas-dolan-disaster-hit-fa0e6b17

National Harbor’s Juneteenth Celebration Highlights Economic Power of Black-Owned Businesses

Prince George’s County’s National Harbor will once again serve as a hub for culture, commerce, and community as it hosts its Fifth Annual Juneteenth Freedom Celebration on June 19, reinforcing the growing economic impact of Black-owned businesses across the region.

The event, “Celebrating Culture. Elevating Community,” brings together residents, visitors, and entrepreneurs for a full day of programming that goes beyond cultural recognition—positioning Juneteenth as a driver of local business visibility, revenue generation, and community-based economic growth.

A Platform for Small Business Growth

At the center of the celebration is a Black-owned marketplace featuring more than 30 vendors, offering products ranging from apparel and accessories to skincare and food. For small businesses, events like this provide critical opportunities to:

• Reach new customers and expand brand awareness

• Generate direct sales in a high-traffic destination

• Build relationships that lead to long-term growth

With National Harbor already home to 14 Black-owned businesses, the event further strengthens the area’s role as a destination for diverse entrepreneurship and inclusive economic activity.

Driving Foot Traffic and Local Spending

Large-scale cultural events continue to play a key role in Prince George’s County’s economic development strategy by attracting visitors and increasing spending across multiple sectors.

Attendees drawn to the Juneteenth celebration contribute to:

• Restaurant and retail activity throughout National Harbor

• Increased visibility for local businesses and experiences

• Broader tourism engagement within the County

This type of activation demonstrates how cultural programming can translate into measurable economic impact, particularly for small and minority-owned businesses.

Strengthening the County’s Creative and Cultural Economy

In addition to the marketplace, the celebration features live performances on the Rhythm & Roots Stage, presented by MGM National Harbor, with headlining acts including Black Alley and Too Much Talent Band, and hosted by Aladdin.

This integration of music, arts, and education—including a curated Juneteenth history timeline—highlights the County’s growing creative economy, where cultural expression and economic opportunity intersect.

A Model for Inclusive Economic Development

Events like National Harbor’s Juneteenth celebration reflect a broader shift toward intentional, inclusive economic development, where cultural heritage is leveraged as both a community asset and an economic driver.

By creating space for Black-owned businesses to scale visibility and connect with new audiences, Prince George’s County continues to support:

• Entrepreneurial growth

• Equitable access to economic opportunities

• Stronger local business ecosystems

Outlook for Local Businesses

For businesses across Prince George’s County, the Juneteenth celebration represents more than a single-day event—it signals sustained momentum around community-centered commerce and destination-driven growth.

As cultural events continue to draw regional audiences, businesses that align with experiential, community-focused, and culturally relevant offerings are well-positioned to benefit from increased demand and expanded market reach.

Source:
Event details provided by National Harbor:
https://www.nationalharbor.com/events/annual-events/celebrate-juneteenth/

Luminis Health Breaks Ground on Major Women’s Health Facility in Prince George’s County

Prince George’s County continues to strengthen its healthcare infrastructure and economic competitiveness with the groundbreaking of a new Women’s Health Pavilion at Luminis Health Doctors Community Medical Center in Lanham.

As reported by The Daily Record, Luminis Health, alongside local and state leaders, officially launched construction on the 67,000-square-foot, three-story facility designed to expand access to comprehensive care for women and families across the County.

Expanding Access to Care While Driving Economic Activity

The new pavilion will provide critical services including labor and delivery, postpartum care, and specialty women’s health services—addressing a longstanding gap in Prince George’s County’s healthcare system.

Currently, eight in ten women leave the County to give birth due to limited local options, highlighting both a healthcare and economic leakage challenge.

By bringing these services closer to home, the project is expected to:

• Retain healthcare spending within the County

• Reduce travel burdens for residents

• Improve health outcomes, particularly for underserved populations

A Strategic Investment with Broad Economic Impact

Beyond healthcare, this development represents a significant economic driver for Prince George’s County.

Large-scale healthcare investments of this kind generate impact across multiple areas:

• Job creation: Construction activity and long-term clinical and support roles

• Local business engagement: Increased demand for vendors, contractors, and service providers during and after construction

• Population retention and attraction: Strong healthcare systems are a key factor in where people choose to live and work

• Commercial stability: Hospitals and medical campuses act as anchors for surrounding retail and service-based businesses

Construction is already underway, with the facility expected to open in 2028 and serve approximately 2,000 births annually once operational.

Strengthening the County’s Competitive Position

Healthcare infrastructure is increasingly recognized as a core component of economic development strategy. Regions with accessible, high-quality care are better positioned to attract businesses, retain talent, and support long-term growth.

For Prince George’s County, the Luminis Health pavilion signals:

• Continued investment in critical infrastructure

• A commitment to equitable access to care

• Alignment between public health outcomes and economic development goals

Outlook for County-Based Businesses

For businesses across Prince George’s County, this project represents more than a healthcare expansion—it signals sustained economic momentum.

Healthcare developments create consistent, long-term demand for:

• Professional services and suppliers

• Hospitality and food services near medical campuses

• Workforce housing and local retail

As the County continues to invest in infrastructure that supports both residents and employers, projects like the Luminis Health Women’s Health Pavilion reinforce a broader trend: economic growth and community well-being are increasingly interconnected.

Source:
As reported by The Daily Record:
https://thedailyrecord.com/2026/04/28/luminis-health-breaks-ground-on-new-pg-county-facility/

New Joint Venture to Reimagine Former Six Flags Site in Prince George’s County

Prince George’s County is entering a new phase of large-scale development as a joint venture between 35V, co-founded by County native Kevin Durant, and TPA Group moves forward with plans to acquire and redevelop the 515-acre former Six Flags site.

As reported by the Prince George’s Post, the development team has been selected as the future steward of the property, marking a significant step toward unlocking the site’s long-term economic potential.

A Transformational Opportunity for the County

The project represents one of the largest redevelopment opportunities in the region, with a focus on community-centered investment and long-term growth.

“We’re looking forward to working with our partners… to create positive economic opportunity for the region,” said Rich Kleiman, Co-Founder of 35V, as reported by the Prince George’s Post.

With its scale and location, the site is positioned to support a range of future uses that can drive sustained economic activity and investment across the County.

Centering Community in Future Development

Leaders emphasized the importance of ensuring the redevelopment reflects the needs and priorities of Prince George’s County residents.

“It’s essential that what comes next honors that legacy by creating new opportunities for residents… and strengthens the community for years to come,” said Wanda Durant, President of the Durant Family Foundation, as reported by the Prince George’s Post.

The project is expected to involve ongoing collaboration with local and state leaders, residents, and stakeholders to shape a vision that balances economic growth with community impact.

Driving Long-Term Economic Growth

Large-scale redevelopment efforts like this play a critical role in supporting economic development by:

• Attracting new investment

• Creating jobs

• Expanding commercial and mixed-use opportunities

• Enhancing destination appeal within the County

“Their emphasis on collaboration and community impact aligns with our goals for sustainable economic growth,” said County Executive Aisha Braveboy, as reported by the Prince George’s Post.

Economic Outlook

The transition of the former Six Flags site into a new, community-focused development signals strong momentum for Prince George’s County’s future.

By attracting experienced development partners and aligning investment with community priorities, the project has the potential to create lasting economic opportunity and strengthen the County’s position as a destination for growth and innovation.

🔗 Learn More

Read the full release as reported by the Prince George’s Post:
http://www.pgpost.com

Planned Soccer Stadium Project Signals Continued Investment in Prince George’s County

Prince George’s County continues to see momentum in large-scale development tied to the University of Maryland, as plans for a new soccer stadium and mixed-use project in College Park receive state support.

As reported by the Washington Business Journal, Maryland has earmarked approximately $18 million toward a proposed soccer stadium project at the University of Maryland, College Park—part of a broader mixed-use development effort in the area.

Advancing Mixed-Use Development in College Park

The proposed project reflects continued investment in College Park as a destination for development, building on the area’s role as a hub for research, innovation, and economic activity.

Mixed-use developments tied to institutional anchors like the University of Maryland help activate surrounding areas by creating spaces that support recreation, retail, and community engagement—while also enhancing the overall business environment.

Supporting Local Business and Economic Activity

Projects of this scale can drive increased foot traffic and economic activity, creating new opportunities for businesses across sectors, including:

• Retail and dining

• Hospitality and entertainment

• Service-based businesses

By strengthening destination-oriented spaces, developments like this contribute to a more vibrant and connected local economy.

Strengthening Prince George’s County’s Competitive Position

Investment in infrastructure and placemaking continues to position Prince George’s County as a competitive location for both business and talent.

College Park, in particular, plays a critical role in this strategy, leveraging its proximity to the University of Maryland and its growing ecosystem of innovation, research, and mixed-use development.

Economic Outlook

Continued investment in projects that combine recreation, development, and commercial activity supports long-term economic growth by attracting visitors, supporting local businesses, and enhancing quality of place.

As development progresses, projects like the proposed soccer stadium further reinforce Prince George’s County’s ability to attract investment and support sustained economic activity.

Learn More

Read the full article as reported by the Washington Business Journal:
https://www.bizjournals.com/washington/news/2026/04/17/maryland-college-park-university-soccer-stadium.html

Prince George’s County Celebrates 330 Years of Growth, Legacy, and Opportunity

Prince George’s County marked a historic milestone as it celebrated its 330th anniversary, highlighting a legacy of community, culture, and continued growth.

As reported by PGProudMag, the celebration recognized the County’s rich history while bringing together residents, leaders, and organizations to reflect on its evolution and future trajectory.

Honoring Legacy While Looking Ahead

Founded in 1696, Prince George’s County has grown into one of Maryland’s most dynamic and diverse jurisdictions, shaped by generations of residents, businesses, and institutions.

Events surrounding the 330th celebration emphasized not only the County’s historical significance, but also its ongoing transformation as a center for economic development, innovation, and community engagement.

Strengthening Community and Economic Identity

Community celebrations like this play a key role in reinforcing the County’s identity and creating shared experiences that connect residents, businesses, and stakeholders.

As highlighted in coverage, the anniversary celebration brought together a wide range of activities, including live entertainment, local vendors, and family-friendly programming—reflecting the vibrancy and diversity of Prince George’s County.

These moments of engagement help support local businesses, increase visibility for community organizations, and contribute to the overall vitality of the County.

Supporting Long-Term Growth and Investment

Milestones like the County’s 330th anniversary also serve as an opportunity to reinforce its position as a competitive destination for business and investment.

Prince George’s County continues to build on its strengths—strategic location, diverse workforce, and expanding industries—to attract new opportunities across sectors including retail, technology, life sciences, and advanced manufacturing.

Economic Outlook

As Prince George’s County celebrates 330 years, the focus remains on the future—continuing to invest in communities, support businesses, and drive sustainable economic growth.

By honoring its history while advancing innovation and development, the County is well-positioned to remain a leader in regional and national economic competitiveness.

Learn More

Read the full article as reported by PGProudMag:
https://pgproudmag.com/2026/04/20/prince-georges-county-celebrates-330-years/

New Leasing Effort Signals Retail Growth Opportunity in Prince George’s County

Prince George’s County continues to see momentum in its retail and commercial real estate sector, as a new leasing initiative positions a key Capitol Heights property for future business activity and investment.

As reported by Citybiz, Friend Commercial Real Estate has been retained as the exclusive leasing agency for the Shoppes at Park Central, a retail center located in Capitol Heights. This move reflects continued efforts to activate commercial space and attract new tenants to the area.

Activating Commercial Space for Business Growth

Strategic leasing plays a critical role in economic development by connecting businesses to available retail spaces and supporting the activation of underutilized properties.

With a focused leasing strategy in place, the Shoppes at Park Central is positioned to attract a mix of tenants that can serve local demand while contributing to the County’s broader commercial landscape.

Supporting Retail Expansion and Local Access

Retail developments like this provide opportunities for both national brands and local businesses to expand into new markets. Increased leasing activity can drive:

• New business openings

• Job creation

• Expanded access to goods and services for residents

These types of projects strengthen commercial corridors and enhance the overall business environment in Prince George’s County.

Reflecting Continued Investment in Prince George’s County

The engagement of a dedicated leasing agency signals confidence in the market and a commitment to long-term retail growth in Capitol Heights.

As leasing efforts move forward, projects like the Shoppes at Park Central contribute to a more vibrant, accessible, and economically active community.

Economic Outlook

Retail and commercial leasing initiatives are key drivers of economic activity, helping to attract businesses, fill vacancies, and increase local investment.

For Prince George’s County, continued activation of retail spaces supports business attraction, strengthens neighborhood economies, and creates new opportunities for growth across the County.

Learn More

Read the full article as reported by Citybiz:
https://www.citybiz.co/article/835320/friend-commercial-real-estate-retained-as-exclusive-leasing-agency-for-the-shoppes-at-park-central-in-capitol-heights/

New Ownership Brings Redevelopment Opportunity to Former Six Flags Site in Prince George’s County

Prince George’s County is entering a new phase of economic opportunity as a new ownership group—including NBA star and local native Kevin Durant—moves forward with plans to redevelop the former Six Flags America site.

As reported by the Washington Business Journal, Durant’s firm 35V and Atlanta-based TPA Group have acquired the approximately 500-acre property, positioning it for future mixed-use development focused on long-term growth and community impact.

A Strategic Opportunity for Destination Development

County leadership has emphasized the site’s potential to evolve into a year-round destination that supports economic activity beyond seasonal operations.

“This is a new chapter for Prince George’s County…” said County Executive Aisha Braveboy, as reported by regional media, highlighting the opportunity to reimagine the site with a community-driven vision.

Early discussions point toward a mixed-use concept that could include entertainment, dining, and experiential offerings—creating a more consistent driver of visitation, spending, and engagement.

Unlocking the Potential of a High-Value Site

The scale of the site presents a significant opportunity for Prince George’s County to attract new investment and expand its commercial footprint.

With approximately 500+ acres available for redevelopment, the property is one of the largest development opportunities in the region—well-positioned to support:

• Mixed-use development

• Entertainment and experiential retail

• Hospitality and dining

• Potential sports and community-driven uses

This type of transformation allows the County to maximize the long-term economic potential of a highly visible and accessible location.

Driving Long-Term Economic Growth

Large-scale redevelopment projects play a critical role in strengthening local economies by creating jobs, attracting private investment, and increasing tax revenue.

County officials have indicated interest in development that operates year-round, which would provide more consistent economic activity and broader benefits for surrounding businesses.

The involvement of a local figure like Kevin Durant also reinforces a broader connection to the community and brings national visibility to the project.

Economic Outlook

The transition of the former Six Flags site into a new mixed-use development represents a significant opportunity to reshape a key asset within Prince George’s County.

As planning progresses, the project has the potential to support long-term economic growth by attracting investment, creating jobs, and establishing a new destination that reflects the evolving needs of residents, businesses, and visitors.

Learn More

Read the full article as reported by the Washington Business Journal:
https://www.bizjournals.com/washington/news/2026/04/09/six-flags-kevin-durant-tpa-group.html

IQM Quantum Computers to Establish Technology Center in Prince George’s County

Prince George’s County continues to strengthen its position as a hub for advanced technology and innovation, as Finland-based IQM Quantum Computers announces plans to open a quantum technology center in College Park’s Discovery District.

As reported by the Washington Business Journal, the new center will serve as a hub for collaboration—connecting IQM with local startups, academic institutions, and federal partners to accelerate the deployment of quantum technologies.

“College Park connects us to the federal research community, and the quantum ecosystem being built around it… This is the right place to grow our U.S. presence,” said Jan Goetz, CEO and co-founder of IQM, as reported by the Washington Business Journal.

Advancing the County’s Innovation Ecosystem

The project is part of Maryland’s Capital of Quantum initiative—a public-private partnership involving the state, the University of Maryland, and federal and private partners focused on growing the quantum economy.

Located within the Discovery District, the center will operate in a 151,000-square-foot facility, positioning IQM alongside leading research institutions and federal agencies, including:

• National Institute of Standards and Technology (NIST)

• NASA Goddard

• Army Research Laboratory

• University of Maryland research institutions

This proximity creates a highly collaborative environment designed to drive innovation and accelerate commercialization.

Driving Growth in High-Impact Industries

IQM specializes in superconducting quantum computers, serving research institutions, universities, and national laboratories worldwide. Its expansion into Prince George’s County reinforces the region’s growing concentration of companies working at the forefront of emerging technologies.

Quantum technology has the potential to transform industries such as:

• Healthcare

• Defense

• Artificial Intelligence

• Advanced manufacturing

By attracting global companies like IQM, Prince George’s County continues to position itself within high-growth, future-focused sectors.

Strengthening a Nationally Competitive Quantum Hub

The announcement builds on a series of investments and initiatives advancing Maryland’s quantum ecosystem, including:

• State funding to support quantum companies and infrastructure

• Expansion of research and testing facilities

• Strategic partnerships with federal agencies and global technology leaders

Discovery District’s growing ecosystem reflects a coordinated effort to establish the region as a leading destination for quantum innovation on the East Coast.

Economic Outlook

Investment in advanced technology infrastructure plays a critical role in driving long-term economic growth. By attracting global companies, fostering research collaboration, and supporting innovation-driven industries, Prince George’s County continues to build a competitive, future-ready economy.

The addition of IQM Quantum Computers further strengthens the County’s ability to attract talent, support high-value industries, and lead in next-generation technology development.

Learn More

Read the full article as reported by the Washington Business Journal:
https://www.bizjournals.com/washington/news/2026/04/13/iqm-quantum-computers-college-park.html

Shore United Bank Expands into Prince George’s County, Strengthening Financial Access

Prince George’s County continues to attract strategic investment in its financial services sector, as Shore United Bank expands its footprint with new branch locations in the region.

As reported by the Washington Business Journal, the Easton-based bank will open its first two branches in Prince George’s County later this year, marking a significant step into a market recognized for its strong business activity and growth potential.

The bank was drawn to Prince George’s County for its “high concentration” of businesses and potential retail customers, according to CEO James Burke, as reported by the Washington Business Journal.

Expanding Access to Capital and Financial Services

The expansion introduces a hub-and-spoke model, with a primary branch planned for Clinton and a micro-branch in Bowie—enhancing accessibility for businesses and residents across key commercial areas.

Increased access to financial institutions supports small businesses, entrepreneurs, and commercial development by providing essential lending, banking, and financial services that enable growth and long-term success.

Supporting Business Growth in a High-Opportunity Market

Shore United Bank’s expansion reflects a strategic, market-driven approach to growth, focused on serving areas with strong economic activity and business density.

“We will have to do this expansion more methodically,” Burke noted, as reported by the Washington Business Journal, highlighting a deliberate investment strategy aligned with long-term growth.

Prince George’s County’s dynamic business environment continues to position it as an attractive location for institutions seeking to expand their reach and support a growing customer base.

Reinforcing Confidence in Prince George’s County

The decision to expand into Prince George’s County signals continued confidence in the region’s economic trajectory.

With a diverse and expanding business community, the County offers strong opportunities for financial institutions to support both commercial and consumer growth.

Economic Outlook

Investment in financial services infrastructure strengthens the County’s economic foundation by improving access to capital, supporting business expansion, and enabling new opportunities across industries.

As Shore United Bank enters the Prince George’s County market, its presence contributes to a more robust financial ecosystem—supporting entrepreneurship, attracting investment, and driving sustained economic growth.

Learn More

Read the full article as reported by the Washington Business Journal:
https://www.bizjournals.com/washington/news/2026/04/14/shore-united-expansion-prince-georges-branches.html

Federal Innovation Funding Reopens, Creating New Opportunities for Prince George’s County Businesses

Prince George’s County businesses may see expanded opportunities for growth and innovation following the reauthorization of key federal funding programs designed to support small business development.

As reported by The Business Journals, the U.S. Small Business Administration’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs—collectively known as “America’s Seed Fund”—have been reauthorized, reopening billions of dollars in funding for eligible businesses.

Expanding Access to Capital for Innovation

The reauthorization extends these programs through 2031, continuing a long-standing federal investment in small business innovation and commercialization.

“Driven by innovative startups, the United States leads the world in scientific breakthroughs and transformative technology…” said SBA Administrator Kelly Loeffler, as reported by The Business Journals.

These programs are designed to help businesses move ideas from concept to market—supporting industries such as biotechnology, energy, defense, and advanced technology.

Supporting Small Business Growth in High-Impact Sectors

With more than $81 billion invested in over 34,000 small businesses since inception, the programs play a critical role in advancing innovation and strengthening the national economy.

For Prince George’s County, where emerging industries and technology-driven businesses continue to grow, expanded access to federal funding creates new pathways for:

• Research and development

• Commercialization of new technologies

• Business expansion and job creation

Strengthening the Innovation Ecosystem

The updated legislation introduces new funding opportunities, including the potential for awards of up to $30 million for businesses demonstrating market-ready technologies.

This type of investment aligns with ongoing efforts to position Prince George’s County as a hub for innovation—supporting entrepreneurs, startups, and established businesses operating in high-growth sectors.

Economic Outlook

Access to capital remains a key driver of economic development. Federal programs like SBIR and STTR provide critical resources that enable businesses to innovate, scale, and compete in global markets.

For Prince George’s County, the reauthorization of these programs reinforces opportunities to attract and support companies focused on research, technology, and advanced industries—contributing to long-term economic growth and competitiveness.

Learn More

Read the full article as reported by The Business Journals: www.bizjournals.com/washington/news/2026/04/14/sba-seed-fund-renewed-sbir-sttr-programs.html

District Heights Site Positioned for New Commercial Development Opportunity

A commercial property in Prince George’s County is being repositioned for future use, signaling continued activity within the County’s retail and real estate landscape.

As reported on April 6, 2026 by the Washington Business Journal, a 1.4-acre parcel in District Heights owned by Aldi has been listed for auction with an opening bid of $230,000. The site is being marketed as excess land, creating an opportunity for new ownership and potential redevelopment.

The property is being offered for sale as “excess land,” opening the door for new investment and alternative uses, as reported by the Washington Business Journal.

Creating Opportunities for Investment and Reuse

The availability of the District Heights site introduces new possibilities for commercial activity. Properties of this scale can support a range of uses, including retail, service-based businesses, or community-oriented development.

The auction process allows market-driven redevelopment, enabling entrepreneurs, developers, and investors to reimagine the site’s future use within the County’s evolving commercial corridors.

Reflecting Retail and Real Estate Market Shifts

The repositioning of underutilized retail land reflects broader shifts in how companies manage real estate portfolios. Businesses are increasingly optimizing space and reallocating assets to align with changing consumer behavior and operational needs.

For Prince George’s County, these transitions can create opportunities to:

• Attract new businesses

• Support small business entry

• Diversify the retail landscape

Economic Impact and Business Potential

Redevelopment of sites like this can generate measurable economic activity by activating underutilized land and supporting new commercial uses.

Strategic reuse of commercial properties contributes to:

• Job creation

• Increased local services

• Revitalization of key corridors

These types of opportunities are critical in maintaining a dynamic and competitive business environment across the County.

Outlook

As the commercial real estate market continues to evolve, properties like the District Heights site highlight the importance of adaptive reuse and reinvestment.

With the right development approach, this site has the potential to support new business activity and contribute to ongoing economic growth in Prince George’s County.

Learn More

Read the full article as reported by the Washington Business Journal:
https://www.bizjournals.com/washington/news/2026/04/06/aldi-auction-district-heights-excess-land.html