Prince George’s County, Maryland, has been the home of both Six Flags and the Washington Commanders for decades, but within a one-week span both entities announced their intention to leave.
The moves are a blow to the county’s economy and reputation, but county leaders are saying the reality might not be so grim.
“Two blows in one week can make people feel hopeless,” council member Wala Blegay said. “But I want people to be clear that there is no hopelessness here. This is opportunity.”
The county said both the Commanders and Six Flags bring in about $12 million in tax revenue every year, which while not insignificant, is also just a sliver of the county’s $5 billion budget. And that’s why some on the council, while not cheering the loss of either organization, aren’t overreacting either.
“We have a lot of opportunity to replace these existing institutions with things that uplift and improve our county overall,” council Chair Ed Burroughs said.
Click here to read the rest of the article written by John Domen over at WTOP
Also as reported by Bisnow:
In March, President Donald Trump said he would halt the planned move of the FBI headquarters to Greenbelt.
The county also lost a major private employer in tech company 2U, which had occupied more than 300K SF in New Carrollton before going into bankruptcy and then moving to a smaller space in Northern Virginia. And it has more than 30,000 federal jobs and additional contracting jobs that could be at risk from Trump’s cuts to federal agencies.
Click here to read the rest of the article written by Jon Banister over at Bisnow
