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University releases revived College Park plan

University of Maryland officials have released the latest plans for the long-stalled east campus development plan in College Park and outlined efforts to move ahead with the public-private project anchored by a Birchmere music hall.

The plan to spark development that would help revitalize the College Park Route 1 corridor has been in discussion for at least a decade but has been frozen since developer Foulger-Pratt of Rockville pulled out of the project in 2009. Now the Cordish Cos. of Baltimore is expected to break ground in the spring of 2013 on the 38-acre project, which would include a luxury hotel, graduate student housing complexes and upscale restaurants.

The first development phase will include building a hotel with about 265 beds and 20,000 to 25,000 square feet of conference space. The General Assembly has approved a five-year plan to fund the first stage with $25 million.

Bowie company wins technology grant

Prasidiux of Bowie, which is developing “smart” polymer gel materials to monitor freeze-sensitive products, was the only Prince George’s company to receive a Maryland Industrial Partnerships Program grant in the latest round of awards last week. The University of Maryland program awarded a total of $4.1 million total to 16 new technology product development projects. Of the total, $1.2 million comes from the program, with the winning companies funding the rest.

Prasidiux, which is working with associate professor Srinivasa Raghavan of the University of Maryland, College Park, received $226,000 through the program.

Community foundation names chairman

The Community Foundation for Prince George’s County named William M. Shipp, managing director of O’Malley, Miles, Nylen & Gilmore in Calverton, chairman. The foundation is an affiliate of the Community Foundation for the National Capital Region.

Shipp succeeds Kwasi G. Holman, former CEO of the Prince George’s County Economic Development Corp., who was chairman since 2008. Shipp has been on the board since 2007.

“Bill’s commitment to the greater Prince George’s community — not only through his professional work but volunteer efforts including citizen boards and commissions, business and charitable organizations — make him an asset to The Community Foundation, our donors and the nonprofit organizations we serve,” Desiree Griffin-Moore, executive director of the foundation, said in a statement.

Revere Bank opens Severna Park location

Revere Bank of Laurel has opened its third full-service branch office, at 8529 Veterans Highway, Severna Park.

“As a local community bank headquartered in Laurel, we are pleased to complement business development efforts already underway in the Anne Arundel county market,” CEO Andrew Flott said in a statement.

County to host fund information session County Executive Rushern L. Baker III (D) and his economic development team will offer business owners the opportunity to learn more about the county’s Economic Development Incentive Fund from 7 to 9 p.m. Feb. 29 at Roosevelt High School, 7601 Hanover Parkway, Greenbelt.

The session is free. Information: edifund@pgcedc.com or 301-583-4601.

Names & Notes items may be mailed to Lindsey Robbins, The Gazette, 13501 Virginia Manor Road, Laurel, MD 20707; faxed to 240-473-7501; or emailed to lrobbins@gazette.net.