Projects
RCP Development Company Projects
Hillcrest Hotel
A 2.54 acre redevelopment project in College Park, Md, just one mile north of the University of Maryland. RCP purchased the property in partnership with First Worthing and Principal Financial Group. RCP was responsible for demolishing the existing hotel, designing and obtaining the necessary approvals for 140 unit residential building, 7,000 of retail and a four story parking garage. The developer’s stake was later sold to its financial partners.