The City of New Carrollton remains a vibrant small city within Prince George’s County. In an effort to ensure the City of New Carrollton’s continued economic vitality with sustainable development, the city partnered with The Maryland-National Capital Park and Planning Commission and hired a consultant to prepare an economic development strategy. The economic development strategy reflects the community vision and local stakeholders’ feedback on current economic conditions and future goals.
This economic development strategy addresses many issues including commercial tenant retention and attraction, assistance to enhance retailers’ ability to compete, and assistance to retailers as they recover from the COVID-19 pandemic. The strategy proposes ways to better link New Carrollton businesses and sites to the enhanced activity and investment at the New Carrollton Metro Station, identifies potential redevelopment sites in and adjacent to the city, and highlights tools to support existing businesses and attract additional businesses. The consultant team prepared an implementation plan with step-by-step actions, identifying the roles and responsibilities of specific parties, timelines, relative priorities, and performance measures.