A plan to add large-scale developments to state-owned properties near MARC stations could bring thousands of new residents to Maryland’s suburbs and add up to $800 million in tax revenue over the next three decades.
That’s the upshot of a development study released by state transportation officials about a push to overhaul the MARC Penn Line with private development. The plan would add new life to many of the line’s 13 stations with up to 2,600 new residential units and a reshaping of 260 acres along the busy commuter line.
It is the latest in a statewide effort to create transit-oriented developments (TODs) around Maryland as a way to pump up transit ridership and ease road congestion.
David Zaidain, chief of transit-oriented development for the Maryland Department of Transportation, said the project is still in the early stages with no investment or cost estimates. A portion is planned to kick off later this year with a request for qualifications to redevelop MARC-related land in Odenton, where plans for a large parking garage have been in the works for years.
