Towson, Md. (June 6, 2008) MEDA, the Maryland Economic Development Association, has awarded the Baltimore County Department of Economic Development "Maryland's Best Economic Development Project " honors for the extension of Maryland Route 43 and Baltimore Crossroads @ 95 business park in eastern Baltimore County. The third annual MEDA Economic Development Awards were presented at the 2008 MEDA Annual Conference, held June 1-3. The awards recognized outstanding efforts to attract new businesses, assist existing businesses, redevelop business districts, market communities, and support workforce development initiatives, tourism activities, and agricultural programs. After more than 10 years of planning and construction, the extension of Maryland Route 43 in eastern Baltimore County was officially open for traffic in October 2006. This new $64.5 million, 3.8 mile highway extends from MD Route 43 in White Marsh to Eastern Boulevard near Middle River, linking the White Marsh area with the eastern Baltimore County waterfront. "We are pleased to receive statewide recognition for an initiative that already is bringing new jobs and investment to eastern Baltimore County," stated David S. Iannucci, Executive Director for the Baltimore County Department of Economic Development. The extension of MD Route 43 gave access to a 1,000 acre land tract, the largest available manufacturing-zoned property in Baltimore County. Fourteen companies already have located to the Baltimore Crossroads @ 95 business park, including corporate headquarters for Alexander’s Mobility, BGE HOME, and Pevco. Over 475,000 square feet of office, flex, warehouse and retail space have been completed by St. John Properties, Chesapeake Real Estate Group, and First Industrial Realty Trust. Somerset Construction is master developer of the business park. Once completed, Baltimore Crossroads @ 95 will feature nearly 5.5 million square feet of space, including 2.5 million square feet of R&D/flex/office space, 2.5 million square feet of manufacturing/industrial space and 50,000 square feet of retail space. MEDA enhances the knowledge and skills of its more than 500 members and encourages partnerships and networking among those committed to bringing jobs and investment to Maryland. Since 1961, MEDA has operated as a nonprofit organization of economic development professionals, whose members promote the economic well being of Maryland and work to improve the state’s business climate. Read more business headlines Read more about Baltimore County Business Communities Back to top Baltimore County
Department of Economic Development
400 Washington Avenue Towson Maryland 21204
Phone 410-887-8000 For additional information contact businesshelp@baltimorecountymd.gov Revised June 12, 2008 | 
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