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Terrapin Development Company

Terrapin Development Company (TDC) is a joint venture real estate and economic development entity created by the University of Maryland, College Park and the University of Maryland College Park Foundation.

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Terrapin Development Company

 

TDC’s mission is to turn College Park into one of the nation’s premier college towns and to create long term value for its members by transforming Greater College Park into a vibrant, diverse and walkable community that attracts the best faculty, staff, and students, and galvanizes a culture of research and entrepreneurship.

TDC’s primary responsibilities include real estate strategy, acquisition, development, leasing, and management of properties in the Greater College Park area, with a particular focus on “placemaking”—a people-centered approach to planning, designing, and managing public spaces. TDC supports local economic vitality by creating housing options, stores, restaurants, and green spaces that strengthen the University community and enhance recruitment and retention. TDC works across multiple disciplines and leverages partnerships to help Greater College Park continue to grow as a vibrant college town.

Our team can help your business, large or small, find a home in Greater College Park. Our partners have an inventory of Class-A office, flex research and development (R&D), and retail/storefront space that could be your business’s next home. If you are a real estate developer looking to invest in Greater College Park, the TDC can help identify opportunities for investment, including land located in Opportunity Zones.

TDC also works to support the existing community by supporting events, programs, public art, and philanthropy that make Greater College Park a great place to work, live, and play.  

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Southern Gateway Rendering
Rendering of Southern Gateway Development
Southern Gateway Mixed-Use Development
TDC has partnered with Bozzuto to bring a vibrant mixed-use development to the site of the former Quality Inn and Plato's Diner. The development will contain 393 units of market rate housing with an extensive amenity package, aimed at providing UMD faculty and staff, graduate students and alumni a convenient and desirable place to live. The development will include 70,000 square feet of ground floor retail, as well as public improvements in the form of an extension of Calvert Road.
4600 River Road COPT
Rendering of 4600 River Road
4600 River Road project with COPT
The fourth building in a joint venture between COPT and UMD will be located at 4600 River Road and will have four stories of Class A office space and on-site parking. It will be minutes away from a Green Line Metro station and a future Purple Line station.
The Hotel at UMD
View of The Hotel at UMD on Baltimore Avenue
The Hotel at UMD
The Hotel at the University of Maryland is the first of many transformational projects of the Greater College Park initiative. The four diamond hotel is owned and operated by Southern Management Company, and is home to 297 guest rooms, 43,000 square feet of conference and meeting room space, and four eateries. The eastern ground floor of The Hotel is home to Diamondback Garage, a collection of collaborative office spaces, including Capital One's Tech Incubator, data management company Immuta, software company Adobe's Research Lab and the Startup UMD Suite, a suite of UMD offices dedicated to fostering innovation and entrepreneurship on campus and in the College Park community.

Use Terrapin Development Company to…

  • Find a lab/office for my venture

    Looking for the right space for your venture in Greater College Park? Whether you need a small or short-term office, Class-A office space in the Discovery District, or flexible R&D space for creating and making, there are options to fit companies of all sizes. The Discovery District continues to thrive as more businesses relocate here, drawn to its connections with the University of Maryland and strong ecosystem of innovation. Not sure what type of space you need? Contact Terrapin Development Company at info@terrapindevelopment.com to discuss your venture and explore the best fit for your office, lab, or relocation needs.

  • Find a lab/space for creating/making

    Looking for the right space for your venture in Greater College Park? Whether you need a small or short-term office, Class-A office space in the Discovery District, or flexible R&D space for creating and making, there are options to fit companies of all sizes. The Discovery District continues to thrive as more businesses relocate here, drawn to its connections with the University of Maryland and strong ecosystem of innovation. Not sure what type of space you need? Contact Terrapin Development Company at info@terrapindevelopment.com to discuss your venture and explore the best fit for your office, lab, or relocation needs.

  • Relocate my venture to College Park

    Looking for the right space for your venture in Greater College Park? Whether you need a small or short-term office, Class-A office space in the Discovery District, or flexible R&D space for creating and making, there are options to fit companies of all sizes. The Discovery District continues to thrive as more businesses relocate here, drawn to its connections with the University of Maryland and strong ecosystem of innovation. Not sure what type of space you need? Contact Terrapin Development Company at info@terrapindevelopment.com to discuss your venture and explore the best fit for your office, lab, or relocation needs.