Reference No. CR-079-2019    Draft No. 1
Type: Resolution Status: Adopted
Meeting Body County Council
Meeting Date 10/22/2019
Introduced Date 9/24/2019 Public Hearing Date
Effective date:    
Title: A RESOLUTION CONCERNING REVITALIZATION TAX CREDIT - COLLEGE PARK METRO APARTMENTS for the purpose of approving College Park Metro Apartments multifamily and commercial development proposed by GD CP Metro, LLC as a revitalization project qualifying for a revitalization or redevelopment tax credit, as provided in Section 10-235.02 of the Prince George's County Code.
Proposers/Sponsors: Dannielle M. Glaros, Todd M. Turner, Mel Franklin, Derrick Leon Davis, Deni L. Taveras, Calvin S. Hawkins, Sydney J. Harrison
Attachments: 1. R2019079, 2. CR-079-2019 AIS, 3. CR-79-2019 Report, 4. CR-079-2019 OOL Comment, 5. CR-079-2019 Fiscal Impact
Contact: Colette Gresham, Legislative Officer

Title

A RESOLUTION CONCERNING REVITALIZATION TAX CREDIT - COLLEGE PARK METRO APARTMENTS for the purpose of approving College Park Metro Apartments multifamily and commercial development proposed by GD CP Metro, LLC as a revitalization project qualifying for a revitalization or redevelopment tax credit, as provided in Section 10-235.02 of the Prince George's County Code.

 

Background

The proposed legislation is to approve the College Park Metro Apartments multifamily and commercial development as a revitalization project that qualifies for a revitalization or redevelopment tax credit pursuant to Section 10-235.02 of the County Code.  GD CP Metro, LLC has made application for property consisting of approximately 5.58 acres in the M-U-I/D-D-O Zone located at 4931 Calvert Road, College Park, Maryland to construct 451 multifamily dwelling units and 4,998 square feet of retail commercial space.



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