The real estate deal one health system couldn't pass up
The Boulevard at the Capital Centre in Largo was supposed to be the savior, a shopping attraction that would bolster central Prince George's County after the 2002 demolition of the arena where the Washington Bullets and Capitals once played. Instead, the shopping center's owners watched as the recession forced some of its biggest stores into bankruptcy or liquidation. A decade later, when the chance arose to secure a $645 million regional hospital campus, the owners of the complex were ready to make a deal so sweet that it would beat that of one of the Washington area?s biggest real estate titans. On Thursday, the board of Dimensions Healthcare System, which oversees medical facilities owned by the county, voted unanimously to build a 259-bed hospital and medical campus adjacent to the shopping center.
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