Greystar is looking to redevelop the shopping strip north of Knox Road on the west side of Route 1 in downtown College Park. It's seeking to build a multi-use apartment building with 341 student apartments, 32,000 ft² of retail space, and an on-site parking garage.

The upside is a more walkable area that has less surface parking, which is an eyesore in downtown College Park. The downside is the potential for several popular businesses to permanently close or relocate. (As men...tioned, the building will have space for retail, but it's uncertain whether any of those businesses would be able to move back in.)