News
Berman Receives $2.5M From State for Phase 2 of New Carrolton Project
October 21, 2015
Gensler
Berman Enterprises is preparing to begin development of the second phase of its New Carrollton project after receiving $2.5M from the state’s Economic Development Incentive Fund.
Development should begin within the next three months, GlobeSt. reports. As part of the project’s first phase, Berman landed the project for the HQ of Maryland’s Department of Housing and Community Development, a four-story, 97k SF office building at the site. Phase 2’s plans call for two luxury apartment buildings with 20k SF of ground-floor retail.
