Report: Partnership Behind Konterra Development in Prince George's Collapses

The partnership behind the ambitious Konterra town center development proposed for Prince George's County has fallen apart, The Washington Post reported.

The Gould Family, owner of Gould Property Co., had partnered with Forest City Washington on the planned multibillion-dollar project near Interstate-95 and the Intercounty Connector that would have totaled nearly two-thirds the size of Tysons Corner, the report said.

But Deborah Ratner Salzberg, president of Forest City Washington, said at the end of last week that the two companies have parted ways, the Post reported.

Kingdon Gould III, of Gould Property, told the Post that Konterra would proceed and that housing and retail will begin to be built "organically."

Gould also reportedly said the dissolution of the partnership was amicable.