New Carrollton Joint Development

New Carollton Joint Development Aerial PhotoOverview

The New Carrollton joint development will create mixed-use development to transform New Carrollton Metro Station into a 2.3 million square foot, mixed-use transportation hub and gateway to the National Capital Region and Northeast Corridor.


Built in 1983, the station is home to Metrorail, Metrobus, Amtrak, Maryland Area Regional Commuter (MARC) Train Service and Prince George’s County TheBus. In the future, the station will also serve the Maryland Department of Transportation (MDOT) Maryland Transit Administration’s (MTA) Purple Line.

In the early 2000s, Metro and Prince George’s County embraced a unified vision to transform New Carrollton Metro Station – which serves the county’s largest employment center – into transit-oriented development. In 2015, Metro and Urban Atlantic entered into a joint development agreement to develop Metro’s property at the New Carrollton Metro Station in New Carrollton, Maryland.


  • Transform the New Carrollton Metro Station into a 2.3 million square foot mixed-use commercial, residential, and entertainment destination.
  • Create a walkable and bikeable community. 
  • Promote climate resiliency through sustainable buildings.
  • Boost economic development in Prince George’s County.
  New Carollton Joint Development Aerial Photo 3 
Artist rendering of New Carrollton joint development.


Phase 1 (Complete): 

  • April 2019: Kaiser Permanente office building opened. 
  • April 2021: The Stella multi-family building opened.
Phase 2 (In Progress): 

  • June 2022: Groundbreaking of The Margaux, a new housing development that will offer modern, transit-oriented housing at below-market rates.
  • August 2022: The county parking garage was demolished.
    • The area will be replaced with a new 1,900-space parking garage and bus loop slated to open in Fall 2024.
    • The new parking garage and bus loop will replace existing surface parking spaces while transforming land at the station into transit-oriented development.
  • December 2022: Metro’s new office building opened.
Future Phases: 
Future phases of the New Carrollton joint development are currently envisioned to include a mix of office buildings, residential apartment buildings and/or condominiums, and ground floor retail adjacent to New Carrollton Metro Station.