COLLEGE PARK, Md. - The University of Maryland and the Terrapin Development Company (TDC) welcome Trader Joe’s to College Park, as the grocer confirms its plans to open its first Prince George’s County location in 2022. University leaders credit TDC, County Executive Angela Alsobrooks, Councilmember Dannielle Glaros, Mayor Patrick Wojahn and a partnership with Bozzuto, Willard Retail and JP Morgan for helping bring a store to the university-adjacent, expanding Baltimore Avenue corridor.
“Partnership makes it possible, and we are grateful to city, county and university leadership who have joined forces with Bozzuto to champion this effort every step of the way,” said Ken Ulman, president of TDC and Chief Strategy Officer for Economic Development at the University of Maryland. “We are eager for Trader Joe’s to open its doors to Maryland students, faculty and staff and our College Park neighbors, as we drive even more economic growth in the region.”
Alsobrooks trumpeted the accomplishment at a State of the Economy address earlier today.
“We are all excited to have this new grocery option in Prince George’s County,” she said to cheers from the audience. “This has been a long time coming, and a tremendous amount of work was required to make this happen.”
The latest addition to Greater College Park follows efforts by the TDC, a real estate entity created by the university and the University of Maryland College Park Foundation, to buy and redevelop the land and use a competitive process to identify partners.
“We are delighted that Trader Joe’s will anchor a dynamic retail experience at Aster College Park, giving our residents and the community an extraordinary place to gather,” said Toby Bozzuto, president and chief executive officer of the Bozzuto Group. “Along with our partners, we are so excited to build upon all of the incredible growth taking place in and around College Park.”
“The City of College Park collaborated with the County to help make the case for this location, anchored in a growing community and a thriving college town. “College Park is thrilled to welcome Trader Joe’s to our diverse and vibrant community,” said Wojahn. “This high-quality grocer will provide a great business for our residents and visitors, marking another milestone in our reinvention of downtown College Park.”
Trader Joe’s will be on the first floor of the Aster, a Joint Venture of Bozzuto, JP Morgan, Willard Development and TDC. The location of the store will be 4429 Calvert Road, at the intersection of Baltimore Avenue. It is expected to open later this year.