Friday, May 05, 2006
Raising The Bar With Addition Of Timeshare Units To Woodmore
Without disclosing names, Walt Petrie, chairman of Petrie Ross Ventures, said he is in negotiations with other retailers to come to Woodmore. Officials are going to the International Council of Shopping Centers convention in Las Vegas this month, and will have further announcements ‘‘within 30 days” of their return, Petrie said.
Woodmore Towne Centre will have about 700,000 square feet of retail, 1 million square feet of office space, 922 residential units, two hotels with timeshare units and a conference center, according to Petrie Ross.
The Wegmans announcement is the latest in a series of upscale developments in Prince George’s. In late February, Gaylord Hotels announced it would add 500 rooms to its 1,500-room Gaylord National Resort and Convention Center at the National Harbor project along the Potomac. In mid-April, the Peterson Cos. of Fairfax, Va., which is developing National Harbor, announced that five more hotel and timeshare chains were joining the project, bumping the total number of rooms to nearly 3,000.
Arthur Turner, chairman of the Prince George’s Chamber of Commerce’s economic development committee, said Wegmans’ presence may prompt high-end retailers — the Nieman Marcus types some county residents have sought — to give the county a second look.
‘‘Wegmans really raises the bar in terms of the type of retail options that are available to ... the county,” Turner said. Retail and timeshare are hand in hand at Wegmans.
Woodmore Towne Centre will have about 700,000 square feet of retail, 1 million square feet of office space, 922 residential units, two hotels with timeshare units and a conference center, according to Petrie Ross.
The Wegmans announcement is the latest in a series of upscale developments in Prince George’s. In late February, Gaylord Hotels announced it would add 500 rooms to its 1,500-room Gaylord National Resort and Convention Center at the National Harbor project along the Potomac. In mid-April, the Peterson Cos. of Fairfax, Va., which is developing National Harbor, announced that five more hotel and timeshare chains were joining the project, bumping the total number of rooms to nearly 3,000.
Arthur Turner, chairman of the Prince George’s Chamber of Commerce’s economic development committee, said Wegmans’ presence may prompt high-end retailers — the Nieman Marcus types some county residents have sought — to give the county a second look.
‘‘Wegmans really raises the bar in terms of the type of retail options that are available to ... the county,” Turner said. Retail and timeshare are hand in hand at Wegmans.
# posted by John @ 5:12 AM 
