Walton announced the deal Friday but did not disclose a sale price.
“Walton is committed to offering a variety of residential properties at Westphalia Town Center, and we’re excited that NVR has chosen to partner with us,” John Vick, president of Walton Development & Management, Eastern USA, said in a statement. “We look forward to announcing additional partnerships in the near future as we work with Prince George’s County to create a vibrant community in Westphalia.”
Walton started construction on the project by Pennsylvania Avenue and Woodyard Road in Upper Marlboro over the summer and expects to wrap up site work on the project’s first 348 townhome lots early next year. The $1.3 billion development is slated to include more than 3.2 million square feet of offices and 1.1 million square feet of shops and restaurants when fully built. First-phase plans call for 348 townhouses, 400 apartments, 500,000 square feet of retail space and a 150-room hotel.