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UIP Companies Secures Equity and Debt for New $112 Million Ground-Up Multifamily Project in Desirable Suburban Maryland Community

AUSTIN, TX - Washington, D.C.-based UIP Companies, Inc. (UIP) will develop a ground-up apartment and retail building at 5300 Baltimore Avenue in the heart of the downtown Arts District in Hyattsville, Md., which is situated between the District of Columbia line and the University of Maryland, College Park.
Canvas apartments will have 285 units (a mix of studios, one and two-bedrooms), 31,660 square feet of ground-floor retail, and 681 parking spaces with 250 dedicated to neighborhood retail. ....

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