The city of Mount Rainier approved the sale of a long-empty piece of land to a developer planning a $30 million apartment building with ground-floor shops.
Currently a pop-up dog park, the land at the corner of Eastern and Rhode Island avenues has long been eyed for this kind of a project, but the city struggled to find a developer.
The city council approved the sale of the land to IFG Group LLC for $1.5 million at a recent meeting, as first reported by Route 1 Reporter.
According to IFG Group’s website, the project would feature 110 high-end apartments, with one-bedrooms, one-bedrooms with a den and two-bedrooms.
Conceptual drawings show a ground level with shops and restaurants and a setback sidewalk to improve walkability. There would be a 50-spot parking garage and bike storage on site
The project is slated to open in the spring of 2025, but the project would need to get permits and other approval before that date can be set.
3200 Rhode Island would join other big apartment and retail developments along the Route 1 corridor, such as Studio 3807 and Artisan 4100 in Brentwood and the Palette at Arts District in Hyattsville and the upcoming Residences at Riverdale Park Station.
2 Responses to $30 Million Mixed-Used Development Planned in Mount Rainier