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Keyword: kamenetz

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.


New Middle River jobs, residents and businesses are coming to eastern Baltimore County as construction begins for Greenleigh at Crossroads, a $750 million mixed-use community along Maryland Route 43.

The 200-acre development incorporates many new urbanism design elements including a compact design where you can walk to work, shop or play; a mix of shops, offices, apartments and homes; pedestrian-scaled neighborhoods and a network of open spaces for more walking and less driving.

Placemaking at its best

“Greenleigh is placemaking at its best,” said Baltimore County Executive Kevin Kamenetz. “Greenleigh’s design and mix of homes will attract young professionals who want to live in a 21st century lifestyle community near their jobs.  I-95 is minutes away, with the Middle River MARC station just down the road. Residents can bike to the waterfront. This is the perfect complement to the business development already in Baltimore Crossroads.”

St. John Properties, Somerset Construction and Elm Street Development are the developers of the $750 million project off Maryland Route 43 in Middle River.

When completed, Greenleigh at Crossroads will include about 1,500 single family homes, townhomes, apartments and condo units; 428,000 square feet of office space in three new mid-rise office buildings and four single-story office buildings that are already completed; 128,000 square feet of new retail space; a 120 room Marriott SpringHill Suites hotel plus walking trails, parks and places to gather.  

“Greenleigh will be a tremendous addition to all that White Marsh and Middle River has to offer. It will be a great live-work-play community and I’m excited to move it forward,” said Councilwoman Cathy Bevins. 

Office, home construction underway

Greenleigh at Crossroads renderingIn May, St. John Properties begins construction on a three-story commercial office building and Elm Street Development starts building the single-family houses and townhomes, with models expected to open in spring 2017. This fall, Somerset Construction begins building The Berkleigh, an ultra-luxury apartment community featuring 317 residential units. A Marriott SpringHill Suites hotel starts construction late fall 2016. 

“We thoughtfully and carefully designed this new live-work-play community to create a 24-hour environment. It includes best-in-class offices and retail that satisfy the day-to-day needs of business people and residents,” said Ed St. John, Chairman of St. John Properties. 

St. John Properties, Inc., headquartered in Baltimore County, was founded in 1971 and has developed and owns more than 17 million square feet of R&D/flex, office, retail and warehouse space in Maryland and seven other states. They have built 20 buildings at Baltimore Crossroads, the 1,000 acre mixed-use business community between White Marsh and Middle River.   

People-centered approach to design 

“Greenleigh at Crossroads incorporates a people-centered approach to the planning, design and management of public spaces,” stated Mike Caruthers, Principal of Somerset Construction. “We intend to develop a distinguished, one-of-a-kind community.”  

Somerset Construction Company developed The Arbors at Baltimore Crossroads, a 365-unit luxury apartment complex that was the first residential development in Baltimore Crossroads. 

Elm Street Development, headquartered in McLean, Virginia, has created more than 39,000 residential lots in more than 250 communities throughout the Baltimore-Washington region since 1977. The single-family homes in Greenleigh at Crossroads will be constructed by Williamsburg Homes. Ryan Homes and NV Homes will build different varieties of townhomes, plus a community center, outdoor pool and community open space.

Jobs and new business at Baltimore Crossroads

Greenleigh at Crossroads is the next development phase of Baltimore Crossroads, a 1,000-acre mixed-use business community between White Marsh and the Middle River waterfront in eastern Baltimore County. Key companies in Baltimore Crossroads include Social Solutions, Synagro, Danfoss, Pevco, BGE HOME, Atlantic Design and Breakthru Beverage Maryland (formerly Reliable Churchill). Over 2,500 people currently work in Baltimore Crossroads, with 10,000 jobs expected when development is completed.  


 
 

Revised April 6, 2016