Baltimore County Now
Baltimore County Executive
One of the great pleasures as Baltimore County Executive is the opportunity to share great news that will have a positive impact on everyone living in our County. I just had the pleasure of unveiling Towson Row, a $300 million development project at the southern gateway to downtown Towson.
There are a lot of things I particularly love about this announcement. First, this is truly a transformational private investment in downtown Towson and in our County. The offices, apartments, student housing, hotel, shops, restaurants, an upscale grocery with plenty of parking will truly transform our County seat into a vibrant downtown center.
It’s a bit difficult to visualize where all this development fits into downtown Towson. Towson Row will be bounded by York Road, Towsontown Boulevard, Chesapeake, Susquehanna, and Washington Avenues. Right now, there are mostly older office buildings and parking lots on these five acres, but since they sit behind other buildings, it’s a bit hard to see from the major roads. But don’t worry, once the project is built, you won’t be able to miss it! You’ll start to see construction in 2015.
Second, Towson Row will be developed, owned and managed by Caves Valley Partners. This is the team that transformed the former Investment Building at the Towson traffic circle into the gleaming, fully leased Towson City Center. Caves Valley Partners is based in Baltimore County and brings development expertise and success, plus a vision and commitment to excellence from a team that lives and works here.
Third, Towson Row is $300 million in private sector investment. This project will bring millions in new property tax revenue to Baltimore County, which will help us support public safety, public education, and restore our aging infrastructure, and help us continue to hold the line on income and property tax rates. It will also provide construction jobs and new employment opportunities.
Fourth, Towson has become a “hot spot” for new development. Over $600 million in private investment is taking shape in downtown Towson just in the past three years. We now add Towson Row to Towson City Center, residences at The Palisades and 101 YORK, and the Towson Square movies theatres and restaurants. Take a virtual video tour of new development in downtown Towson.
I’m pleased and proud to say “it’s Towson’s Time.”
County Executive Kevin Kamenetz
‘Dinner and a movie’ will soon have a whole new meaning in downtown Towson. I was excited to announce that three restaurants – all new to Baltimore County – are the first of eight best-in-class restaurants joining Cinemark Theatres in the new Towson Square entertainment center coming to downtown Towson. Towson Square is an expansion of the successful Towson Circle development which features Barnes & Noble, Trader Joe’s and Pier 1 Imports.
La Tagliatella, with restaurants throughout Europe, features generous portions of northern Italian cuisine. Towson will be one of their first U.S. restaurants. Nando’s Peri-Peri, a South African-owned restaurant with locations in 34 countries on five continents, specializes in Portuguese flame-grilled chicken. On the Border Mexican Grill & Cantina is known for its mesquite-grilled cuisine and lively outdoor patio.
Cinemark Theatres also is bringing their new VIP-level seating concept to Towson, featuring full bar service and premium food choices for over-21 movie patrons. There will be a total of 15 state-of-the-art screens with 3,400 stadium-style seats, bringing the latest films and theatre experiences to downtown Towson.
We expect Towson Square to draw people from throughout the Baltimore area, so we’re getting ready right now. Construction is underway on a new 650-space underground parking garage to be operated by the Baltimore County Revenue Authority. The movie theatres and restaurants will be open in 2014.
Stay tuned – there’s more coming soon to a downtown near you.