The EcoDistrict seeks to support existing and attract investment in Prince George's Eco-Industrial hub, the Port Towns.
The EcoDistrict seeks to be a regional leader in recycling, reuse and repurposing of building and organic waste by transforming industrial space and creating a leading edge facility and to help incubate and accelerate the development of green and sustainable businesses.
The Port Towns
Ideally located adjacent to the District of Columbia and its increasingly vibrant economy, the Port Towns area benefits from a shared vision of environmental stewardship within the four local jurisdictions: Bladensburg, Colmar Manor, Cottage City and Edmonston, as well as from political support from experience and innovative community-based sustainability organizations and businesses.
The Port Towns is the most historic, ethnically diverse enclave in Prince George's County. Covering 2.18 square miles, the area has 13,331 residents with a median household income of $42,570, significantly less than the $73,538 median household income for the County. The Port Town's population is 47% Black, 26% White, 4% Asian and 31% Hispanic of any race. There is easy access to public transportation, major highway and environmental assets including the Bladensburg Waterfront Park and the Anacostia Hiker-Biker Trail.
View a live GIS map of the Port Towns area.
The Prince George's County Economic Development Corporation is available to help businesses locate or grow in the EcoDistrict. Services include business consulting, analytics, workforce development and a series of tax incentives for eligible businesses. More Information on Prince George's County Economic Development Corporation.
Some of the incentives available to businesses locating or expanding in the Port Town's EcoDistrict include:
- Job creation tax credit
- Enterprise zone tax credit
- High-tech tax credit
- Revitalization area tax credit
- New jobs tax credit
- foreign trade zone designation
- Economic Development Incentive Fund - traditional and conditional loans
- Tax increment financing (TIF)
- Payment in lieu of taxes (pilot)
- SBA 504 Loan Term Fixed Asset Program
- Small Business Growth Fund Loan
- Incentive Leverage Fund Loan
- DHCH Neighborhood Business Works Loan
- Green Business Real and Personal Property Tax Credit Application