University Town Center Homes
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| University of Maryland |
Situated close to the University of Maryland, the University Town Center combines its four existing office building with three new
Maryland residential real estate projects, two of which are nearly completed. The focal point of the new development is a beautiful, bustling town center featuring spacious walkways, indoor/outdoor cafes, condominiums, student housing, shops, sculptures and other art, as well as a children's museum.
In the not too distant future UTC will feature a 57,000 square foot Safeway grocery store along East. This store will showcase the grocer's cutting edge initiative "life style concept shopping" with gourmet and convenient features. Additional retail will be across from Safeway with many floors of condominium apartments above.
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| University Town Center |
UTC's current four office buildings will be surrounded by new, beautifully landscaped sidewalks with retail shops adjacent to them. Central to the shopping area is a grand plaza with amenities including: gardens, seating, fountains, and others. The community also boasts a state of the art 14 screen movie theater and plentiful parking.
Amenities
- Public Art displays/exhibitions
- Class A office space - 3 million square feet
- Retail space - 200,000 square feet
- Formal and informal restaurants and cafes
- "Royale 14 Cinema"
- Garage and outdoor parking
- Outdoor performance areas
- Day Care Center
- Metro Station - directly across the street
- Pre-wired for High Speed Internet service
- Police substation
- Fire department within two blocks
- Post office
- Large shopping mall within one block
- PG Community College site
A Brief History of
Prince George's County Real EstateDuring the Depression Roosevelt initiated the development of three planned communities as part of the New Deal. The idea was to provide home purchase opportunities to bring hope, in the way of
new homes, back to the lives of a downtrodden population. One of these new communities was to be in Greenbelt, Maryland.
The next surge of development brought a significant addition to the initial 1,600 homes built in Greenbelt occurred in Bowie. In the 1960s William Levitt, who later became known as a pioneer in suburban development, built almost 9,000 homes in here. While these vintage homes are not quite as cutting edge as much of the County's new construction, their charm has boosted their value dramatically in recent years.
Other home buying opportunities in both Greenbelt and Bowie include modern condominiums, town homes, and stately mansions. While Roosevelt and Levitt's homes will always bring warmth and value to
Prince George's County, new homes by such nationally recognized builders as NV, University Town Center, and Winchester Homes offer a broad array of amenities.
Prince George's County Quick Facts:
Population - 841,315
Median Household Income - $55,129
Average Home Price - $333,518
High School Graduates Over Age 25 - 84.9%
Undergrate Degrees or Higher - 27.2%
