New and Expanding Business List
The following list highlights a selection of business and real estate activity in Baltimore County from January 2016 to January 2017.
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This mixed-use project in Towson is a pedestrian-friendly plaza including a traffic circle with a European-style fountain, bistro-style outdoor dining areas and landscaping. The County invested $6.2 million toward the parking garage and $2 million for infrastructure improvements. The project has brought an estimated 1,530 jobs to the area, 660 construction jobs and another 870 jobs related to the completed project.
Since 2008, over 1,200 new luxury apartment units in three major projects have been completed. A $60 million, 611-bed, 248-unit student housing project with first floor retail is planned at 101 York Road. Federal Realty Investment Trust has broken ground on The Flats at 703, a new 105-unit apartment project located at 703 Washington Avenue. Evergreene Homes is constructing Towson Mews, 34 luxury townhomes to be built on two acres bounded by East Pennsylvania, Jefferson and Virginia Avenues.
Demolition is complete on this transformative, $239 million mixed-use development at the southern gateway to downtown Towson, one block from Towson University. The development program calls for 134,000 square feet of Class A office space, 250 luxury residential units, 220 limited service hotel rooms, 905 quality student housing units and more than 100,000 square feet of retail, shops, restaurants and anchored by the 45,000 square-foot Whole Foods Market grocery chain.
The Shops at Kenilworth
Greenberg Gibbons has begun work on a $20 million renovation to The Shops at Kenilworth, a landmark shopping destination in Towson, originally built in 1979. Project completion is targeted for 2017. Stebbins Anderson has already opened their new store, now completely located on the lower level of Kenilworth. Trader Joe’s will open in The Shops at Kenilworth in spring 2017.
Towson Commons Retail
Affiliates of MFI and Woodmont Properties II have taken control of, and are redeveloping 115,000 square feet of retail space along York Road and Pennsylvania Avenue.
In December 2016, Nacho Mamas opened a 6,700 square foot restaurant in the former S and G Crab Ranch space on Pennsylvania Avenue in Towson.
Metro Centre at Owings Mills
Metro Centre at Owings Mills is a $550 million investment in a mixed-use, transit-oriented special taxing district. At completion, the project will support more than 1.2 million square feet of commercial office space, 300,000 square feet of complementary retail space and 700 residential units and a full-service 225-room hotel amenity.
Carefirst has renewed their leases in six buildings in Owings Mills and are keeping 2,200 employees in 655,000 square feet there.
This $140 million mixed-use development in Owings Mills, anchored by a Wegman’s grocery store, includes 356,000 square feet of retail space and 48,000 square feet of office space. Thus far the following key tenants have joined Wegmans: LifeBridge Health, LA Fitness, DSW, Ulta Beauty, Bagby Pizza, Panera Bread, Zoe's Kitchen, Smashburger, Nally Fresh, Bar Louie, Mission BBQ, Chipotle, La-Z-Boy Furniture, Old Navy and a Floyd's 99 Barbershop, Hair Cuttery and Sleep Number.
Hunt Valley Towne Centre
Avalon Hunt Valley, a $70 million upscale apartment complex on the eastern end of Hunt Valley Towne Centre, began renting its units in August of 2016. The Class A apartment building offers a variety of amenities, including a dog park, a gym and game room.
McCormick and Company
The international spice manufacturer, currently located in Sparks, will consolidate 900 office employees from several area locations into a 340,000 square foot headquarters project at 99 Shawan Road, to be completed in 2018.
Johnson, Mirmiran and Thompson
This nationally-ranked architectural and engineering firm will move its headquarters from Sparks to a new, five-story 130,000 square foot building on Wight Avenue in Hunt Valley that will employ 600 people.
Sylvan Learning System
Sylvan has moved its corporate headquarters and 125 employees from downtown Baltimore City to 25,000 square feet at 4 North Park Drive in Hunt Valley.
The world renowned game development studio has expanded into 9,000 square feet of additional space at 12 Loveton Circle in Sparks and employs 170 at that location.
Savills Studley opened its newest office at 102 West Pennsylvania Avenue in Towson, expanding its presence in the Mid-Atlantic region.
The startup, founded in 2014, is moving into a 4,000 square foot space at 9 West Aylesbury Road in Timonium and will employ four people.
Whitney, Bailey, Cox and Magnani, LLC
This engineering and architecture firm signed a lease for 37,244 square feet at 300 East Joppa Road in Towson.
U.S. Lacrosse Headquarters
The 450,000-member national lacrosse organization recently occupied its new headquarters in Sparks. The $15 million project includes a 45,000 square foot headquarters building, an outdoor training facility for the U.S. National men’s and women’s teams, the National Lacrosse Museum and the National Lacrosse Hall of Fame, and classrooms and offices for 89 staff. The expected economic impact of this project will be over $6 million.
Apex IT Services
This IT solutions provider to federal, state and commercial clients relocated from Columbia, Maryland to leased office space on Lord Baltimore Drive in Woodlawn. Plans include adding 53 jobs.
H and E Equipment
The rental provider of new and used construction equipment is leasing a new 38,000 square foot facility on Gray’s Road in Dundalk and will bring 30 jobs.
Loomis Armored U.S.
The largest integrated cash distribution network in the United States has signed a 50,000 square foot lease at 4979 Mercantile Road in the White Marsh Business Community. Loomis plans to double its workforce from 100 to 200 people after it moves from its location near Golden Ring Park in Rosedale.
Lockheed Martin’s contract with the U.S. Navy was renewed for $235 million to manufacture missile-firing systems used on warships at Lockheed’s facility in Middle River.
The flexible packaging specialist acquired a 46,000 square foot building at 917 Middle River Road, where the company relocated 15 employees in October 2016. Vac Pac generates between $5 million and $10 million in annual revenue.
Bottling Group, LLC
Bottling Group signed a lease for 25,400 square feet in a new 60,000 square foot warehouse and distribution facility under construction in the White Marsh Business Park on Days Cove Road. Products such as Pepsi, 7-Up and Gatorade moved into the new facility in November 2016.
Aging Barns, LLC
Part of Sagamore Development, Aging Barns purchased the parcel at 4611 North Point Boulevard to transform it into five aging barns to store up to 80,000 barrels of Sagamore Spirit Rye Whiskey. The first building is scheduled for availability in March 2017.
Greenleigh at Crossroads
Greenleigh at Crossroads broke ground in May 2016 on a $750 million mixed-use community of offices, shops, apartments, single-family homes and a hotel. The project will occupy 250 acres of the 1,000 acre Baltimore Crossroads and is expected to build out over 10 to 15 years. Greenleigh will include 1,000 detached homes and townhouses, three midrise office buildings totaling 300,000 square feet, another 350,000 square feet in single-story office buildings, 116,000 square feet of retail and a 120-room Springhill Suites by Marriott hotel.
A provider of residential and commercial flooring products, has signed a lease for approximately 18,000 square feet of space at 11501 Pocomoke Circle in Crossroads @95 Business Park. The company intends to relocate its entire operation to the new building.
An import supplier of organic animal grain, signed a fully-executed five-year lease at 8907 Bethlehem Blvd. Future plans include a soybean milling and crushing manufacturing operation, resulting in an oil product for export.
Pro Transport Inc.
A leading national trucking and transportation provider has signed a 51,100 square foot lease to expand at 11630 Crossroads Circle in Crossroads @95 Business Park. The company will lease the entire building, which features 16-foot ceiling heights and drive-in loading capabilities.
Medstar Franklin Square Hospital
The hospital opened a new $7.8 million neonatal intensive care unit. The 16,000 square foot newly constructed facility has 23 beds.
A service provider in the fields of storage, purchased a 230,835 square foot industrial building at 4505 North Point Boulevard in Edgemere.
The maker of Mary Sue, Naron and Glauber’s candies began construction in November 2016, of a new 100,000 square foot, $8 million headquarters and manufacturing plant facility at 1412 Tangier Drive in Middle River. Ruxton will bring 43 new jobs to Baltimore County when the facility opens in summer 2017.
Hollins Ferry Logistics Center
Completed construction on a 285,000 square foot, Class A warehouse and logistics center that will attract major tenants in Baltimore County throughout 2016 and 2017.
Security Square Mall
The Seoul Plaza section of the shopping mall will be undergoing a major redevelopment to attract national tenant to revitalize this shopping center.
A producer of high quality state-of-art race products, purchased 6747 Whitestone Road for $3 million to remain in Baltimore County and expand their business.
A provider of quality program development and comprehensive compliance services, expanded their bwtech space to include a new 3,000 square foot lab and increase their line of services to include Advent Laboratories.
Social Security Administration (SSA)
Social Security headquarters in Woodlawn announced that they will receive a $150 million Congressional Appropriation for major renovations of their main administrative building. SSA employs approximately 11,000 at this site.
Rolling Run Tech Park
A groundbreaking took place on April 19, 2016 located at 2270 Rolling Run Road. They are constructing a 58,000 square foot Class A office building next to the Center for Medicare Medicaid Services headquarters.
Merritt Beltway Business Park
A major expansion and renovation is taking place at 1730 Twin Springs Drive, home of the Living Legacy Foundation.
In February 2016, Northwest Hospital System opened a new facility at 8600 Liberty Road. The 13,500 square foot building houses an ExpressCare urgent care center and offices for primary care doctors and specialists.
List of New Corporations
The Department of Economic and Workforce Development maintains a listing of the top Baltimore County employers. However, to find a directory of the more than 20,500 businesses in Baltimore County, the Baltimore County Public Library provides access to Reference USA as a free service to residents. Reference USA allows customized searches to create a listing of businesses that meet your criteria. To learn more, contact the Baltimore County Public Library at 410-887-6100.
The Maryland State Department of Assessment and Taxation (SDAT) provides copies of its data sets through a private contractor, Specprint Inc. Obtain prices, formats, production schedules and more by calling Specprint at 410-561-9600.