Springfield Town Center Redevelopment
Update
01/09/24
Springfield Town Center Development Site Acquired for $15.3M
The Hanover Company has acquired a roughly 6-acre site along Spring Crest Drive in Springfield for $15.3M from PREIT. Part of the Springfield Town Center redevelopment, plans call for a 460-unit apartment building. PREIT's overall vision is to transform Springfield Town Center into a vibrant, multi-use hub and take advantage of its unrivaled location to create the preeminent family entertainment destination in the Washington, DC market.
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