Major investments are coming to Prince George’s. Is there reason to worry?
Prince George’s County Executive Angela Alsobrooks took the stage in a ballroom at a College Park, Maryland, hotel on Wednesday, speaking for nearly 30 minutes about how much money had poured into the county over the last year — about what one would expect in the annual speech, dubbed the “State of the Economy.”
It was a chance to brag to the local business community about the “over $1 billion of investments along our Blue Line corridor,” as well as how the “redevelopment at Cheverly unlocks a billion dollars in private investment,” after the old Prince George’s Hospital Center is demolished over the coming months.
The county hopes to see significant amounts of work on that project conducted by small, minority-owned businesses based in the county, which would have the opportunity to buy into the project and share some of the profits in the future.
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