Another College Park development is moving ahead amid the coronavirus pandemic.
The Prince George’s County planning board will hold an online hearing later this month on the Greystar proposal for a nine-story building with ground-floor retail and off-campus housing for University of Maryland students, according to Bisnow.
The building would have 343 apartments and 24,000 square feet of shops, which the South Carolina-based developer has said would include current tenants of the strip mall being torn down, including Krazi Kebab, Marathon Deli and C.B. Chinese Grill.
Though the developer is working with the businesses that currently call the shopping strip home to help them set up shop again once the project is completed including Marathon Deli, which is scheduled to move around the corner.
Greystar CEO Bob Faith has said in the past that student housing is recession-proof and even countercyclical because people tend to go back to school to learn new skills during poor economic times.
The pandemic is different, however, in that the university has canceled in-person classes for the remainder of the year and the status of fall classes is still unclear.
With construction on the $100 million Southern Gateway project down the street slated for groundbreaking, developers appear to remain confident in College Park’s future.
