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

PGCEDC Leadership Outlines Strategic Direction for Business Growth in Prince George’s County

Prince George’s County Economic Development Corporation (PGCEDC) President & CEO Ingrid S. Watson is advancing a focused strategy centered on business attraction, retention, and job creation, reinforcing the County’s position as a competitive destination for growth.

As reported by Prince George’s Suite, Watson recently outlined her priorities to the Greater Prince George’s Business Roundtable—one of the region’s most influential groups of business and community leaders.

“My main goal is to attract new businesses, attract new jobs… [and] take care of the businesses that are here,” Watson said, as reported by Prince George’s Suite.

Strengthening Business Support Systems

A key theme of the discussion focused on improving how businesses navigate the County’s ecosystem—from site selection and permitting to long-term growth support.

“We want to help you get through the process… site selection, permitting and all of that is very important,” Watson noted.

This approach reflects a broader effort to streamline access to resources and position PGCEDC as a central point of entry for businesses looking to establish or expand in Prince George’s County.

Expanding Opportunities for Small and Diverse Businesses

Watson also emphasized the importance of ensuring that small, minority-owned, and women-owned businesses are fully connected to available opportunities.

“We have to make sure that they know there’s an opportunity for them… and we want to continue to support them,” she said.

Strengthening access to resources and networks for these businesses remains a critical component of the County’s economic development strategy.

Driving Economic Impact Through Coordination

The strategy also includes a focus on improving coordination across agencies and partners to accelerate business growth and investment.

“Break down the silos so we can all walk the same walk… and build Prince George’s County as a unit,” Watson stated.

This coordinated approach is designed to enhance efficiency, reduce barriers, and create a more cohesive environment for business development.

Economic Outlook: Growth, Jobs, and Investment

At the core of the strategy is a focus on expanding the County’s commercial base while increasing access to jobs and economic opportunity.

“Our goal is to build a commercial tax base, as well as bring jobs and opportunity… [and] build wealth to the county,” Watson said.

By aligning business support, workforce development, and investment strategies, Prince George’s County is positioning itself to support sustained economic growth and long-term competitiveness.

Learn More

Read the full article as reported by Prince George’s Suite:
https://pgsuite.com/business/2026/3/26/lets-get-started

Prince George’s County Explores Opportunities to Expand Fine Dining Options

Prince George’s County is evaluating new approaches to strengthen its restaurant and hospitality sector, with local lawmakers discussing efforts to support the growth of fine dining establishments.

As reported by NBC Washington, County leaders are considering legislation that would establish a grant and loan program to encourage new restaurant concepts and support existing businesses looking to expand or enhance their offerings.

“The idea of the fund is allowing small businesses to expand… [and] giving an opportunity for small business owners,” said Council Chair Krystal Oriadha, as reported by NBC Washington.

Addressing Market Demand

The discussion reflects a broader interest in diversifying the County’s dining landscape. While Prince George’s County has a strong base of quick-service and casual dining options, there is growing demand for additional full-service and fine dining experiences.

“We do need some fine dining in Prince George’s County,” said Council Member Sydney Harrison, as reported by NBC Washington.

Expanding these offerings could provide residents with more local options while also supporting a more balanced mix of restaurant concepts across the County.

Economic Considerations

Investment in the restaurant sector can contribute to broader economic activity. Fine dining establishments often support job creation across culinary, hospitality, and service roles, while also contributing to surrounding commercial areas.

Additionally, expanding local dining options may help retain consumer spending within the County and support continued growth in the hospitality sector.

Supporting Business Development

The proposed approach places emphasis on supporting small and locally owned businesses, providing opportunities for entrepreneurs to scale or reposition their concepts within a competitive market.

This aligns with ongoing efforts to strengthen the County’s business ecosystem by creating pathways for growth and expansion across industries.

Outlook

As discussions continue, the initiative represents a potential opportunity to further diversify Prince George’s County’s restaurant landscape while supporting business development and enhancing quality of life for residents.

Learn More

Read the full story as reported by NBC Washington:
https://www.nbcwashington.com/news/local/lawmakers-push-for-more-fine-dining-in-prince-georges-county/4080914/

Prince George’s County Strengthens Its Position in the Region’s Growing Senior Living Market

Prince George’s County continues to play a significant role in the region’s expanding senior living industry, with multiple facilities recognized among the largest in Greater Washington.

As reported by the Washington Business Journal, the list—ranked by capacity—highlights the largest assisted living communities based on the number of residents they can serve. Several Prince George’s County facilities were included, including:

  • Riderwood Village (#3)

  • Tribute at Melford (#32)

  • Independence Court of Hyattsville (#40)

  • Arbor Terrace Senior Living (#43)

  • Morningside House of Laurel (#47)

  • The W Assisted Living (#57)

  • Harmony at Enterprise (#71)

  • Brookdale Woodward Estates (#73)

  • The Sky Bridge at Town Center – The Parc (#95)

The ranking highlights the scale and presence of senior living communities across the region, with Prince George’s County emerging as a key contributor to that growth.

“Several Prince George’s County communities ranked among the largest assisted living facilities in Greater Washington,” as reported by the Washington Business Journal.

Driving Economic Activity and Job Creation

Senior living communities are a key driver of economic activity across Prince George’s County. Facilities of this scale generate sustained employment across healthcare, administration, hospitality, and operations.

Beyond direct jobs, these developments support a broader network of local businesses—from food services and transportation to medical providers—creating long-term economic impact throughout the region.

Large-scale senior living communities “generate employment and support a wide range of service-based industries,” reflecting their broader economic impact.

Supporting a Growing and Aging Population

The presence of multiple top-ranked senior living communities positions Prince George’s County to meet the needs of a growing aging population.

Access to high-quality care and housing options strengthens the County’s residential ecosystem, supports families and caregivers, and enhances long-term community stability.

The continued expansion of senior living reflects “growing demand for care and housing solutions tied to an aging population.”

A Strategic Opportunity for Business Growth

Growth in the senior living sector creates opportunities across healthcare services, real estate, workforce development, and technology.

Prince George’s County’s ability to attract and sustain these communities reinforces its competitiveness as a destination for investment in healthcare infrastructure and age-friendly development.

Outlook

With several of the region’s largest assisted living facilities located within its borders, Prince George’s County is well-positioned to support continued growth in this sector.

Aligning economic development efforts with healthcare and workforce initiatives will be critical to maximizing long-term impact and ensuring the County remains a leader in senior living and related industries.

Learn More

Read the full article as reported by the Washington Business Journal:
https://www.bizjournals.com/washington/subscriber-only/2026/04/03/here-are-the-100-largest-assisted-living-facilities-in.html

Prince George’s Stadium Upgrades Strengthen County’s Sports and Entertainment Economy

Prince George’s County is continuing to invest in its sports and entertainment infrastructure, with new upgrades at Prince George’s Stadium designed to enhance visitor experience and drive long-term economic activity.

A recent report from Eye On Annapolis highlights a series of fan-focused improvements unveiled by the Chesapeake Baysox and county partners ahead of the 2026 season. As reported by the journalist and the news source, the upgrades include a new kids zone, enhanced entry features, improved ADA-accessible viewing areas, updated signage, and visual enhancements throughout the ballpark.

The upgrades are aimed at “improving the fan experience ahead of the 2026 season,” the article notes.

These improvements build on a broader $50 million modernization effort to ensure the stadium meets evolving Major League Baseball standards while remaining competitive as a regional destination.

More Than Upgrades—An Economic Strategy

While the enhancements are designed to improve the game-day experience, the broader impact extends beyond the stadium.

Investments like these directly support:

  • Tourism and visitor spending through increased attendance and events

  • Local business activity across the food, retail, and hospitality sectors

  • Job creation tied to operations, events, and facility management

Prince George’s Stadium has long served as a regional entertainment anchor, and continued investment ensures it remains competitive in attracting both residents and visitors.

County leaders emphasized the upgrades will make the stadium “more exciting and welcoming for all,” reinforcing its role as a premier destination.

Driving Year-Round Economic Activity

The stadium’s evolving role goes beyond baseball. In addition to Baysox games, the venue is expected to host large-scale events, including the Banana Ball World Tour, which is expected to bring new audiences and increased regional visibility.

This reflects a broader economic development trend: sports and entertainment venues are no longer single-use assets—they are multi-purpose economic drivers.

The investment reflects a “long-term commitment” to Prince George’s County and its role as a hub for family-friendly entertainment and community engagement.

Economic Development Takeaway

The takeaway is clear: experience-driven infrastructure drives economic impact.

By investing in assets like Prince George’s Stadium, the County is:

  • Strengthening its tourism and entertainment ecosystem

  • Increasing local spending and business engagement

  • Enhancing the quality of place—an essential factor in attracting both residents and employers

As Prince George’s County continues to grow, strategic investments in destinations like this position the County not just as a place to live, but as a place people choose to visit, spend, and invest.

Read the Full Story

Explore the full article from Eye On Annapolis for more on the stadium upgrades and upcoming season:

Outdoor Recreation Drives $10.6 Billion in Maryland—Creating Growth Opportunities for Prince George’s County Businesses

Prince George’s County businesses are well-positioned to benefit from the continued expansion of Maryland’s outdoor recreation economy—an industry now generating billions in economic impact across the state.

A recent report highlighted by The BayNet, citing data from the U.S. Bureau of Economic Analysis, shows that Maryland’s outdoor recreation sector contributed $10.6 billion to the state’s economy in 2024, accounting for 1.9% of total GDP. According to the journalist and the news source, the industry supported more than 85,000 jobs and generated over $5 billion in compensation statewide.

“Outdoor recreation is an economic engine and a quality-of-life asset,” said Sandi Olek, Director of the Maryland Office of Outdoor Recreation.

What This Means for Prince George’s County

While much of Maryland’s outdoor economy is often associated with waterfront regions, the implications for Prince George’s County are significant—and growing.

The sector spans a wide range of business activity, including:

  • Outdoor equipment and retail

  • Tourism and hospitality

  • Parks, trails, and recreational programming

  • Agritourism and local food experiences

With Prince George’s County’s proximity to regional parks, trail systems, and national assets, local businesses are positioned to capture increased demand driven by outdoor recreation and experiential tourism.

A Growing Industry with Local Impact

The data shows that Maryland’s outdoor recreation economy is not only large—but expanding faster than the national average, growing 5.6% year-over-year.

This growth creates downstream opportunities for County-based businesses, particularly those aligned with:

  • Wellness and lifestyle services

  • Hospitality and food-based experiences

  • Event programming and seasonal attractions

Additionally, statewide initiatives like the Maryland Outdoor Recreation Business Directory—featuring more than 650 businesses—are designed to connect consumers directly with local companies and drive economic activity.

The directory aims to “connect the public with Maryland businesses to amplify economic growth,” the report notes.

Economic Development Takeaway

The takeaway is clear: outdoor recreation is not just a leisure activity—it is a scalable economic sector.

For Prince George’s County, this presents an opportunity to:

  • Expand tourism-driven business activity

  • Support small businesses tied to recreation and wellness

  • Leverage natural and community assets for economic growth

As consumer demand continues to shift toward experiences, wellness, and outdoor access, jurisdictions that align business development with these trends will be better positioned to compete.

In Prince George’s County, that alignment represents not just opportunity—but strategy.

Venture X College Park Ribbon Cutting Highlights Continued Investment in Prince George’s County’s Business Ecosystem

Prince George’s County continues to strengthen its entrepreneurial infrastructure, as leaders and partners gathered to celebrate the official ribbon-cutting of Venture X College Park.

PGCEDC President & CEO Ingrid S. Watson joined stakeholders, partners, and members of the business community to mark the opening of the flexible workspace—reinforcing the County’s commitment to supporting business growth, innovation, and long-term economic development.

Local media coverage of the event further amplified this milestone. We appreciate CTV News for highlighting the ribbon-cutting and continuing to spotlight the developments shaping Prince George’s County’s economy.

Owned and operated by entrepreneur Moniesha Jackson Shorter, Venture X College Park introduces a high-quality, flexible workspace designed to support startups, remote professionals, and growing companies.

A Strategic Investment in Business Growth

The opening of Venture X College Park represents more than a ribbon-cutting—it reflects a broader strategy to expand the County’s economic ecosystem by investing in spaces that enable businesses to launch, scale, and collaborate.

Located in the Discovery District, the space provides critical infrastructure for:

  • Entrepreneurs and early-stage businesses

  • Remote and hybrid professionals

  • Companies seeking scalable workspace solutions

PGCEDC’s role in supporting this project reflects its commitment to providing end-to-end business support that extends beyond initial engagement.

“We are here to support from the beginning to the end—and there’s no end, actually—because we’re here all the way through,” said Ingrid S. Watson, President & CEO of PGCEDC. “We look forward to helping her market her business and bring small businesses to you.”

This approach underscores a key differentiator in the County’s economic development strategy: ongoing partnership, not one-time support.

Strengthening the County’s Innovation Ecosystem

Flexible workspaces like Venture X play a key role in modern economic development by lowering barriers to entry and fostering collaboration across industries.

By supporting projects like this, Prince George’s County is:

  • Expanding opportunities for business formation

  • Retaining talent within the region

  • Creating environments that support innovation and growth

These investments contribute to a more connected, resilient, and competitive local economy.

Watch the Coverage

Watch highlights from the ribbon cutting and hear directly from leadership on the impact of Venture X College Park:

https://www.youtube.com/watch?v=Re6HME1houk

Economic Development Takeaway

The takeaway is clear: sustained business support drives sustained economic outcomes.

By investing in both infrastructure and long-term partnerships, Prince George’s County is not only supporting today’s businesses—it is building a stronger, more scalable economic ecosystem for the future.

Prince George’s County Earns National Recognition for Data-Driven Environmental Planning

Prince George’s County is gaining national recognition for its use of advanced data and technology to support smarter planning and long-term economic resilience.

A recent announcement from Business Wire highlights that a collaborative project between Sanborn, the Maryland-National Capital Park and Planning Commission (M-NCPPC), and Prince George’s County has earned a Geospatial Excellence Award from MAPPS, the national association for geospatial firms. As reported by the journalist and the news source, the award recognizes innovative use of geospatial data to analyze and manage tree canopy across the County.

The project delivers a “comprehensive, top-down view of tree cover,” identifying areas for expansion and preservation, according to Sanborn’s Chief Strategy Officer.

At its core, the initiative goes beyond traditional mapping—leveraging high-resolution data to provide actionable insights that support planning, sustainability, and equitable investment across communities.

More Than Environmental Data—An Economic Strategy

While tree canopy analysis may appear environmental in nature, its economic implications are significant.

As outlined in the report, tree canopy plays a critical role in:

  • Reducing urban heat and improving livability

  • Managing stormwater and infrastructure strain

  • Enhancing community health and quality of place

These factors directly influence business attraction, workforce retention, and real estate development, making environmental data a strategic economic tool—not just a planning resource.

The project is designed to deliver “actionable information that supports informed planning and equitable investment.”

Positioning Prince George’s County for Smarter Growth

This recognition signals a broader shift in how Prince George’s County approaches growth—through data-driven decision-making and forward-looking infrastructure planning.

By investing in geospatial intelligence, the County is:

  • Improving how land and resources are managed

  • Identifying high-impact areas for future investment

  • Strengthening resilience in the face of climate and development pressures

National recognition through the MAPPS award underscores that these efforts are not only effective—but leading-edge.

Economic Development Takeaway

The takeaway is clear: data is infrastructure.

Counties that leverage high-quality, actionable data are better positioned to:

  • Make smarter investment decisions

  • Enhance quality of place

  • Compete for businesses and talent

For Prince George’s County, this project demonstrates how integrating technology, planning, and sustainability can drive both environmental and economic outcomes.

Read the Full Story

Explore the full announcement from Business Wire to learn more about the award-winning project:

Prince George’s hospital targets April groundbreaking for long-awaited women’s health pavilion

Luminis Health Women’s Pavilion Signals Major Healthcare Investment in Prince George’s County

Prince George’s County is poised to strengthen its healthcare infrastructure with a major new investment in women’s health—further positioning the County as a growing hub for medical services and long-term community wellness.

A recent Washington Business Journal report highlights that Luminis Health is preparing to break ground on a long-awaited women’s health pavilion at Doctors Community Medical Center in Lanham. As reported by the journalist and the Washington Business Journal, the project represents a significant expansion of healthcare access in the County, particularly in maternal and obstetric services.

The hospital is “preparing to break ground on a long-awaited women’s health pavilion,” marking a major step forward for local care access.

The development is expected to introduce inpatient obstetrics services—including labor, delivery, and postpartum care—for the first time at the facility, addressing a longstanding gap in the County’s healthcare system.

The pavilion will bring “labor, delivery, and postpartum services” to the hospital as part of a broader expansion of care.

Strategic Impact for Prince George’s County

Beyond healthcare, the project represents a significant economic and workforce investment in Prince George’s County:

  • Healthcare access expansion: Reduces the need for residents to leave the County for essential maternal care

  • Job creation: Large-scale healthcare developments drive both construction and long-term clinical employment

  • Economic stability: Strong healthcare infrastructure supports population growth and business attraction

Once operational, the facility is expected to handle up to 2,000 deliveries annually—reinforcing its role as a key regional healthcare asset.

The project is designed to expand “comprehensive, community-based care” in Prince George’s County.

A Broader Economic Development Signal

This investment reflects a larger trend: healthcare infrastructure is a critical driver of economic competitiveness. Regions with strong, accessible care systems are better positioned to attract residents, retain talent, and support business growth.

For Prince George’s County, the Luminis Health pavilion underscores a clear takeaway—strategic investments in healthcare are not just about services, they are about building a more resilient and attractive economy.

As the County continues to prioritize growth across key sectors, projects like this demonstrate how infrastructure, health outcomes, and economic development are increasingly interconnected.

Read the Full Story

Explore the full report from the Washington Business Journal for more details on the project and its timeline:

Venture X Brings First Flexible Office Space to Prince George’s County, Strengthening Innovation Economy

Prince George’s County continues to build out its entrepreneurial infrastructure with the introduction of its first flexible office and coworking space—marking a strategic investment in the County’s innovation ecosystem.

According to a recent article published by Franchising.com, Venture X College Park, developed in partnership with the Prince George’s County Economic Development Corporation (PGCEDC) and the Prince George’s Chamber of Commerce, will officially open in the Discovery District, creating new opportunities for startups, small businesses, and growing companies.

“Venture X College Park represents the kind of entrepreneurial infrastructure that helps businesses launch, scale, and thrive in Prince George’s County,” said Ingrid S. Watson, President & CEO of PGCEDC.

The facility represents more than a workspace—it is a strategic asset designed to accelerate business growth. Featuring private offices, coworking areas, conference rooms, and collaborative environments, the space is built to support companies at every stage of development while fostering connectivity and resource access.

Located within the University of Maryland’s Discovery District, the development sits at the intersection of research, talent, and industry—positioning Prince George’s County as a competitive hub for innovation-driven businesses.

“Spaces like this foster collaboration, innovation, and opportunity by bringing together entrepreneurs, startups, and growing companies in one supportive environment,” Watson added.

Owned and operated by entrepreneur Moniesha Jackson Shorter, the concept emphasizes community as a core driver of business success—an increasingly critical factor in today’s economy.

The space was created to provide “not just an office, but a true community of support” for entrepreneurs and small business owners, the article notes.

Economic Impact for Prince George’s County

The addition of Venture X College Park signals a broader shift in how economic development is being delivered:

  • Business formation & scalability: Flexible office environments lower barriers to entry for startups and early-stage companies

  • Talent retention: Proximity to the University of Maryland strengthens pipelines between education and industry

  • Innovation clustering: Concentrating entrepreneurs and businesses in one ecosystem accelerates collaboration and growth

This aligns with Prince George’s County’s long-term strategy to create sustainable, innovation-driven economic growthby investing in infrastructure that supports entrepreneurs beyond initial launch.

The takeaway is clear: modern economic development is not just about attracting companies—it’s about building environments where they can grow.

Read the Full Story

Explore the full article from Franchising.com for more on the Venture X College Park opening and its impact:

Drive-thru coffee chain 7 Brew eyes Prince George’s for first D.C.-area location

Prince George’s County continues to position itself as a destination for national retail expansion, as a fast-growing drive-thru coffee brand targets the county for its first location in the Greater Washington region.

A recent Washington Business Journal report highlights that Arkansas-based 7 Brew Coffee is exploring a site in Prince George’s County as part of its rapid national growth strategy. As reported by the journalist and the Washington Business Journal, the company is “looking at setting up its first location in Greater Washington,” signaling confidence in the County’s retail market and consumer demand.

“A fast-growing Arkansas drive-thru is looking at setting up its first location in Greater Washington,” the article notes, pointing directly to Prince George’s County as the targeted entry point.

The proposed concept reflects a broader shift in the retail landscape—toward convenience-driven, high-volume formats. 7 Brew’s model focuses on compact, drive-thru-only locations designed for speed, accessibility, and scalability, aligning with evolving consumer behavior and traffic patterns.

For Prince George’s County, this type of investment signals more than a single retail addition. It represents continued validation of the County as a viable market for national brands, particularly those seeking strategic locations outside of traditional urban cores.

The company is “eyeing a corner of Prince George’s County” for development, underscoring the County’s role in regional expansion strategies.

The economic implications are clear:

  • Retail attraction: National brands entering the County increase visibility and signal market strength to other investors

  • Job creation: Drive-thru models like 7 Brew typically support local hiring and workforce entry opportunities

  • Commercial corridor activation: Strategic site placement drives traffic and supports surrounding businesses

This aligns with Prince George’s County’s broader economic development strategy focused on business attraction, retention, and corridor revitalization. As more brands look beyond traditional D.C. locations, the County is increasingly competitive in capturing that growth.

At a time when consumer behavior continues to favor convenience and speed, developments like this reinforce a key takeaway: Prince George’s County is not just participating in regional growth—it is actively capturing it.

Read the Full Story

To explore the full report from the Washington Business Journal and learn more about the proposed development:

Capital + coaching + community: The formula for small business success

Prince George’s County Businesses Gain Momentum Through Capital + Coaching Model

Prince George’s County small businesses are seeing measurable growth through a model that combines funding with hands-on business support—an approach that is reshaping how economic development is delivered locally.

A recent Washington Business Journal article highlights the success of the “capital, coaching, and community” model, which pairs financial investment with technical assistance and peer networks. As reported by the journalist and the Washington Business Journal, this approach is helping small businesses not only access capital but use it more effectively to scale operations and increase revenue.

“The combination of capital, coaching, and community is what drives small business success,” the article notes, emphasizing that funding alone is often not enough to create sustainable growth.

In Prince George’s County, this model is already producing results. Through a regional initiative supported by philanthropic partners, 17 small businesses received grants and structured coaching—leading to reported revenue increases of 15% to 25%.

“When entrepreneurs are supported with both funding and guidance, they are better positioned to stabilize and grow,” the article explains, underscoring the importance of pairing financial resources with strategy.

This reinforces a key economic development takeaway: capital without capacity limits impact. Businesses that receive funding but lack operational guidance often struggle to scale. By contrast, those supported with coaching—ranging from financial planning to marketing and operations—can convert investment into measurable outcomes.

For Prince George’s County, the implications are clear. Small businesses are a primary driver of job creation, local spending, and community stability. Strengthening their ability to grow is not just support—it is a strategic economic investment.

“This model is designed to help businesses move from survival to sustainability,” the article states, pointing to long-term ecosystem benefits beyond individual firms.

As Prince George’s County continues to prioritize business attraction, retention, and expansion, this model provides a clear blueprint: integrated support systems deliver stronger economic outcomes.

Read the Full Story

Explore the full article from the Washington Business Journal to learn more about how this model is driving small business success across the region: