The City of Hyattsville is home to three active business development corridors.
The Prince George's Plaza Transit Districtis zoned to promote higher density, pedestrian and transit-oriented mixed-use development. It includes University Town Center, Belcrest Center, The Mall at Prince George's and The Shops at Metro.
The West Hyattsville Metro corridor consists of the Queens Chapel Shopping Center, and is expected to experience considerable high-density, transit-oriented development in the near future.
The Gateway Arts & Entertainment District starts north at the Riverdale Park border and continues south through the EYA development, Franklin's Restaurant, Melrose Park, and includes the Melrose Park Industrial Area. This area is a designated Arts and Entertainment District by the State of Maryland.
City Support Programs for Business
The City offers numerous programs to support businesses and developers.
The City's Revitalization Tax Credit provides financial incentives to economic development and redevelopment in the three business development districts.
The U.S. Small Business Administration exists to aid, counsel, assist, and protect the interests of small business concerns, to preserve free competitive enterprise, and to maintain and strengthen the overall economy of our nation. It works through a network of field offices and partnerships with public and private organizations including the Maryland Small Business Development Center.