MOUNT RAINIER, MD—The Redevelopment Authority of Prince George's County has selected The Menkiti Group for a mixed-use development at the 3300 block of Rhode Island Avenue here.
The plan calls for a mix of commercial and residential space. The Menkiti Group is hoping to finalize a land disposition agreement with the Redevelopment Authority and expects to begin construction on the $4-million project in mid-2015, according to the Washington Business Journal.
"We're based in Brookland, we've been here for 10 years, but we have been wanting to do something in Prince George's for a while," Menkiti Group vice president of development Mark Rengel says. "We're looking to have this project be one of many in the neighborhood."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
