Tuesday, November 13, 2007

Metro Sells Land at Takoma Metro

This past week WMATA agreed to the sale of a 6.8 acre parcel at the Takoma Park Metro stop to famed developer EYA. While the project plans that EYA must be approved by both the Federal Transit Administration and the District’s Office of Planning, EYA's history of successful planning and development should prove them worthy to continue. Their plans include 85 townhouses, each with two-car garages. Under Federal Law, Metro is allowed to sell their surplus land only if the buyer's development will increase ridership and therefore income for the system.

While some local residents felt that the sale and future development will only increase traffic congestion and endanger residents who walk to the metro, others felt that the sale should improve the neighborhood and local businesses.

EYA's current, future and past projects include
Hyattsville Arts District (Current)
Centerpointe (Current)
National Park Seminary (Current)
The Brownstones at Park Potomac (Current)
Harrison Square (Past)
Capitol Square (Past)
McMillian Reservoir Development (Future)

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