The hospital deal for Largo that health-care system couldn’t pass up

By Jonathan O’Connell and Luz Lazo
 

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 — Borders, Linens ’n Things, Circuit City — into bankruptcy or liquidation. And the Sideline, the restaurant of former Washington Redskins star LaVar Arrington, closed millions of dollars in debt.

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.

Read full article here from The Washington Post