Curated News
By: NewsRamp Editorial Staff
September 09, 2025
$1.3B South Lake Development Powers Maryland's Economic Growth
TLDR
- South Lake's $1.3 billion development offers businesses prime retail access to 344,000+ annual sports park visitors and affluent new residents.
- The 381-acre mixed-use project combines 1,600 residences with 600,000 sq ft retail space, phased leasing, and strategic highway access for sustained growth.
- This development creates housing, jobs, and local business opportunities while fostering community prosperity and economic mobility for Prince George's County.
- Former NBA player Quinn Cook's sports bar joins Giant Food, Sheetz, and Louisiana-inspired dining in this vibrant new community hub.
Impact - Why it Matters
This development matters because it represents a significant economic stimulus for the Maryland region, creating jobs, housing, and business opportunities that benefit both residents and the broader economy. The mixed-use approach combining retail, residential, and recreational spaces addresses multiple community needs simultaneously, while the inclusion of minority-owned businesses promotes economic equity. Such large-scale projects can transform local economies, increase property values, and provide sustainable growth that extends beyond immediate construction phases into long-term community prosperity.
Summary
Maryland Governor Wes Moore and Prince George's County Executive Aisha Braveboy visited the South Lake development in Bowie, highlighting its transformative $1.3 billion investment as a regional economic engine. The officials emphasized how this massive mixed-use project is generating substantial housing, retail opportunities, and long-term economic growth for the entire state. Governor Moore praised South Lake as a model for how Maryland thrives, noting it creates not just jobs but ripple effects throughout the economic corridor, while County Executive Braveboy celebrated it as representing "dreams realized" for local entrepreneurs and small businesses.
Developed by NAI Michael President Gary Michael, the 381-acre South Lake development features the South Lake Marketplace retail district with both national and local businesses. Major tenants include Giant Food & Pharmacy, Sheetz, McDonald's, Chase Bank, Jersey Mike's Subs, and Tropical Smoothie Café, alongside minority-owned establishments like Ma Pearl's Louisiana-inspired restaurant and Mi Lindo Cancun Grill. The project also includes 1,600 residences ranging from luxury apartments to single-family homes, with strong residential demand and multiple home categories already sold out. The community connects to Liberty Sports Park, which attracted over 344,000 visitors in its first year, creating a steady customer base for retailers and restaurants.
During the event, Michael announced the pending completion of Phase I retail leasing and noted that home sales are expected to wrap up within the next year. The development's strategic location at U.S. 301/Crain Highway and MD Route 214 provides easy access to the D.C. metro area, positioning South Lake as a cornerstone for economic development in Prince George's County and beyond. The project represents one of the largest mixed-use developments in the region, combining retail, residential, and recreational elements to create a comprehensive community hub that serves both residents and visitors alike.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, $1.3B South Lake Development Powers Maryland's Economic Growth
