The Redevelopment Authority (RDA) of Prince George’s County, Maryland, is seeking proposals from qualified development teams for adaptive reuse of the 60 acre Historic Glenn Dale Hospital Campus as a Continuing Care Retirement Community (CCRC) with complementary uses. The RDA is issuing the RFQ on behalf of the Maryland-National Capital Park and Planning Commission (M-NCPPC), the current owner of the Glenn Dale Hospital site.
The Property
The Glenn Dale Hospital site is listed on the National Register of Historic Places and in the Prince George’s County Historic Sites and Districts Plan. It is located in Prince George’s County, the second largest county in Maryland with nearly 900,000 residents. Prince George’s County borders east, north and south of Washington, D.C. The Glenn Dale Hospital site is approximately 25 minutes from Washington, D.C. and Annapolis, the capital city of Maryland. It contains approximately 450,000 square feet in 25 buildings including a five-story adult hospital, a three-story children’s hospital and many small structures. The property is zoned Open Space (OS). Use of the property is currently limited to a CCRC. An inventory of all of the buildings is included in a Field Observations Report, provided as an exhibit to the RFQ.
Development Efforts
To encourage redevelopment of the site, the RDA conducted a study in 2015 to determine market depth for a CCRC at the Glenn Dale property. Brecht Associates, Inc., a national senior housing consultant, was engaged to perform an in-depth market study and competitive product analysis; culminated in a finding that there is sufficient market depth to support a CCRC; and, recommended a CCRC, with 325-375 units at all levels of care.
The Market Study included an evaluation of existing competitive independent living, assisted living, memory care and nursing bed facilities in the market area of the site. It included the two existing CCRCs in the Glenn Dale site market, Collington, owned by Episcopal Life Care and Kendal, and the EricksonLiving Riderwood community.
Request for Qualifications Process
The RFQ is the initial phase of a two-step process to select a qualified development team and explore the financial feasibility of a CCRC use. Key selection criteria include; a diverse team encompassing a CCRC ownership and operating entity; significant experience implementing historic preservation and adaptive reuse projects; success with mixed financing including historic preservation tax credits and tax exempt bonds; and demonstrated capacity to develop a property of this scale.
If selected, in Phase II, the development team will execute a letter of intent and be required to make a $25,000 refundable deposit to explore the feasibility of adaptively reusing the property as a CCRC with complementary uses. The exploration period is five (5) months with key benchmarks to include building conditions and adaptive reuse assessments, community engagement, project budget with sources and uses, CCRC operation and programming proposal, financial feasibility analysis and more. This exploration period will culminate when it is determined that the adaptive reuse of the property as a CCRC is feasible or infeasible. The exploration period may also be extended with the mutual agreement and may require an additional non-refundable $25,000 deposit after all key benchmarks are met.
If the project is deemed feasible, the development team will be required to obtain final project approval from the M-NCPPC and negotiate and execute a development agreement with an approved project concept plan, budget, development timeline, acquisition price and property transfer schedule.
A tour of the site will be conducted from 1:00 p.m. – 3:30 p.m. on April 7, 2016 after the Senior Housing News Summit in Washington D.C. If you plan to attend the April 7th Summit and would like to participate in the tour, please contact [email protected] by March 29, 2016.
The RFQ, Market Study and all relevant Exhibits can be accessed at:
M-NCPPC, Current Solicitations
RDA, Current Redevelopment Projects
