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Keyword: downtown towson

CVS Pharmacy is coming to downtown Towson.  The store will be at the center of downtown at Towson Commons, at the corner of York Road and Chesapeake Avenue.  The more than 9,000 square foot store will include a full service pharmacy, and a wide range of high quality health, beauty and personal care products.

Towson Commons“Downtown Towson has many amenities – shopping, restaurants, entertainment and parks. But for those who live, work and visit here, what’s missing has been the convenience of a pharmacy and drug store,” said Baltimore County Executive Kevin Kamenetz. “CVS fills that need at Towson Commons. This is a prime retail location with a growing customer base. Over 3,000 new apartments and townhomes are built or under construction in downtown Towson.”

The new CVS Pharmacy is expected to open in fall 2016.

Retail-focused brokerage firm MFI Realty is the leasing agent for the 115,000 square feet of retail space at Towson Commons.  “Towson Commons is in the heart of a prestigious retail market with pent-up demand. We envision a mix of amenities to serve the many different customers in downtown Towson—residents, students, professionals and destination shoppers alike,” said Michael Stoltz, director of leasing for MFI Realty.

"CVS will fill a need in downtown Towson, which is growing with new homes, restaurants and other businesses.  It will occupy a long-vacant corner and help bookend the redeveloping Towson Commons complex,” said Councilman David Marks.

Downtown Towson has seen more than $1 billion in recent private investment, including more than 3,000 apartments and townhomes that have been recently built or are under construction. New residential projects include The Palisades, Promenade, Towson Green, The Flats at 703, Towson Mews, The Winthrop and Southerly Square, plus residential towers in the mixed-use Towson Row development.

More than 55,000 people live in greater Towson, with over 48,000 people working at companies including GBMC, General Dynamics, Goucher College, MileOne, Sheppard Pratt, Stanley Black & Decker, Towson University, University of Maryland St. Joseph Medical Center and Whiting Turner.


Shovels are in the ground again in downtown Towson as construction begins for the Flats@703 apartments.

A seven story building at 703 Washington Avenue will have five floors with 105 apartments plus two floors of parking. An elevator wisks residents to a rooftop deck that overlooks downtown Towson, with a relaxing gazebo, water feature and seating. Residents will enjoy an open and airy fitness center with strength and cardio equipment and a resident club room with areas for gaming, lounging and charging up. Street level features include landscaping, bike racks and benches echoing the style of the downtown Towson streetscape.  

Federal Realty Investment Trust is developing the downtown Towson property bounded by West Joppa Road, Washington Avenue and York Road. 

3,000 new apartments and townhomes in downtown Towson

Flats@703 rendering"It’s exciting to see the momentum for downtown Towson living growing, with more than 3,000 new apartments and townhomes already built or under construction,” said Baltimore County Executive Kevin Kamenetz. “People living in the Flats@703 will enjoy all the downtown Towson lifestyle has to offer -- walking to shopping, restaurants and entertainment, strolling through the Historic Courthouse gardens and biking to your job at GBMC or Stanley Black & Decker.”

“Federal Realty is very excited to break ground on this project,” said Brian Donley, Director of Development for Federal Realty Investment Trust.  “We greatly appreciate working with Baltimore County and local community members to achieve a complex well-suited for the area.”

Federal Realty Investment Trust (NYSE: FRT) owns and develops properties nationwide, including The Avenue at White Marsh and Bethesda Row.  Federal Realty's 90 properties include over 2,600 tenants in approximately 21 million square feet, and 1,500 residential units.  

“You can really feel the energy when construction starts on a new project. This particular project was finalized after lengthy discussions with the community, and it will be a strong addition to the northern arc of downtown Towson,” said Councilman David Marks.

Over $1 billion in new private investment

Flats@703 adds to the more than $1 billion in recent private investment in downtown Towson, including more than 3,000 apartments and townhomes that have been recently built or are under construction. New residential projects include The Palisades, Promenade, Towson Green, The Flats at 703, Towson Mews, The Winthrop and Southerly Square, plus residential towers in the mixed-use Towson Row development. 

More than 55,000 people live in greater Towson, with over 48,000 people working at companies including GBMC, General Dynamics, Goucher College, MileOne, Sheppard Pratt, Stanley Black & Decker, Towson University, University of Maryland St. Joseph Medical Center and Whiting Turner.

About Federal Realty Investment Trust 

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, our mission is to deliver long term, sustainable growth through investing in densely populated, affluent communities where retail demand exceeds supply. Their expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty's 96 properties include over 2,800 tenants, in approximately 22 million square feet, and over 1,800 residential units.


 The Evergreene Companies, LLC has started construction of Towson Mews, a luxury townhome community at the gateway to downtown Towson near Historic East Towson. 

Towson Mews will include 34 luxury townhomes, centralized community green space and upscale streetscape and landscaping. The project will be built on two acres bounded by East Pennsylvania, Jefferson and Virginia Avenues.

“Downtown Towson is fast becoming the place to find upscale townhomes and luxury apartments within walking distance of world-class shopping, restaurants and entertainment,” said Baltimore County Executive Kevin Kamenetz. “These new homes are perfect for young professionals and anyone who wants all the amenities of Towson living without having to mow a lawn.”

More than 3,000 apartments and townhomes have recently been built or are under construction in downtown Towson.

“Towson Mews is our first neighborhood in the Baltimore area. We are thrilled about the opportunity to create Towson’s next great place to live on such a rare and desirable piece of land,” said Josh Mastrangelo of The Evergreene Companies. 

The Evergreene Companies, LLC is a developer and homebuilder based in Chantilly, Virginia, with operations in Virginia, Maryland and Delaware.

"Towson Mews will be a distinctive residential community that will bring more homeowners into one of Baltimore County's most exciting communities.  I am particularly happy how the design bridges the area from the commercial core to historic East Towson," said Councilman David Marks.

"Our three story townhomes offer a unique style for downtown Towson and an appropriate architectural transition between the single-family houses in historic East Towson and the high-rise residential towers,” said Evergreene’s Mastrangelo.

Towson Mews adds to the more than $1 billion in recent private investment in downtown Towson, including more than 3,000 apartments and townhomes that have been recently built or are under construction. New residential projects include The Palisades, Promenade, Towson Green, The Flats at 703, Towson Mews, The Winthrop and Southerly Square, plus residential towers in the mixed-use Towson Row development.

More than 55,000 people live in greater Towson, with over 48,000 people working at companies including GBMC, General Dynamics, Goucher College, MileOne, Sheppard Pratt, Stanley Black & Decker, Towson University, University of Maryland St. Joseph Medical Center and Whiting Turner.


 
 

Revised April 6, 2016