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New and Expanding Business List

The following list highlights a selection of business and real estate activity in Baltimore County from January 2016 to August 2017.

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Towson Square

Towson Square includes a 75,000-square foot, 3,400-seat, 15-screen multiplex cinema atop a three-story, 850-space garage. Seven restaurants are open. The pedestrian-friendly plaza includes 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, which is leveraging $85 million in private investment. The project has brought an estimated 1,530 jobs to the area, 660 construction jobs and another 870 jobs related to the completed project. The project owner, Retail Properties of America, is now redeveloping the former Towson Circle building and the site across the street into Towson Circle East. The two projects will be integrated in design and street-level amenities.

Towson Residential

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’s project—The Flats at 703, a new 105-unit apartment project located at 703 Washington Avenue—will open this fall. Evergreene Homes is constructing Towson Mews, featuring 34 luxury townhomes to be built on two acres bounded by East Pennsylvania, Jefferson and Virginia Avenues.

Towson Row

Towson Row is a 1.2 million-square-foot mixed-use development situated at downtown Towson’s southern gateway, bounded by York Road, Towsontown Boulevard, Chesapeake Avenue, and Susquehanna Avenue. When fully developed, the $350 million project will offer roughly 145,000 square feet of Class A office space, 250 market-rate apartments and condominiums, 220 limited-service and extended-stay hotel rooms, 985 beds of student housing, and roughly 140,000 square feet of commercial space, including shops, restaurants and a grocery store.

Stanley Black and Decker Global Tools and Storage

Stanley Black and Decker Global Tools and Storage has leased 48,000 square feet in the Towson Commons building to relocate employees while the company is enlarging the parking lots at the headquarters location in Towson. The parking lot project is necessary to accommodate projected employment growth as a result of two major purchases in the past year: the recently-completed acquisition of Newell Brands’ tool business and the acquisition of the Craftsman line of tools from Sears. These purchases help Stanley Black and Decker push deeper into consumer and industrial equipment markets and extend its reach into retail markets with a household name brand. Towson will continue to be the headquarters for Stanley Black and Decker's Global Tools and Storage business, and the company’s presence here is expected to grow by 300 to 400 positions over the next two to five years.

The Shops at Kenilworth

Greenberg Gibbons is completing work on a $20 million renovation to The Shops at Kenilworth, a landmark shopping destination in Towson, originally built in 1979. Stebbins Anderson’s new store is now located on the lower level, and Trader Joe’s opened on the upper level in March. New shops include Amaryllis, Kenilworth Wine and Spirits, Liza Byrd Boutique, Lou Lou Boutiques, Quiet Storm Surf Shop, TAC at Kenilworth (Summer Gallery), Wilkes and Riley, and ZenLife Yoga Boutique and Juice Bar. Long-time local boutique Ruth Shaw will join these retailers in the fall of 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. Four new retailers—Boho Nation, CVS Pharmacy, Chipotle and Hair Cuttery—have opened and renovations are underway for four others—Brown Rice, First National Bank, the CPA firm Rosen, Sapperstein and Friedlander, and a shoe store.

Nacho Mama's

The Tex-Mex restaurant Nacho Mama's opened its 6,700-square-foot restaurant in December 2016 in the former S and G Crab Ranch space on Pennsylvania Avenue.

Metro Centre at Owings Mills

Metro Centre at Owings Mills is a $550 million mixed-use, transit-oriented special taxing district that is being developed by Owings Mills Transit, LLC. 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, 700 residential units and a full-service, 225-room hotel amenity. The project adjoins the Owings Mills Metro stop and two commuter parking garages with a total of 5,277 spaces. The project already completed a 120,000-square-foot County Campus that includes a County library, community college branch, and two five-story upscale buildings with 232 apartments that are 85 percent leased as well as ground-floor retail and restaurant space that is 60 percent leased. Honey House and Eggspectation are the newest retail tenants.


Carefirst has renewed their leases in six buildings in Owings Mills and are keeping 2,200 employees in 655,000 square feet there. The company conducted an RPF for space in the region and was considering other options before electing to stay in Baltimore County.

Foundry Row

This $140 million mixed-use development in Owings Mills, anchored by a Wegmans grocery store, includes 356,000 square feet of retail space and 48,000 square feet of office space. Businesses including 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, Floyd's 99 Barbershop, Hair Cuttery and Sleep Number have all joined Wegmans as tenants.

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 2016. The Class A apartment building offers a variety of amenities, including a dog park, gym and game room. The new apartment community sits above 30,000 square feet of retail space.

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 at 99 Shawan Road, to be completed in 2018. A former telephone company building on the site will be completely redone, creating a state-of-the-art corporate campus for McCormick. The building will house corporate functions, the company’s U.S. consumer and industrial divisions, and a health and wellness center.

Johnson, Mirmiran and Thompson

This nationally-ranked, employee-owned architectural and engineering firm has moved into its new headquarters building in Hunt Valley. Five hundred employees relocated to the five-story, 130,000-square-foot building on Wight Avenue in March.

Sylvan Learning

Sylvan Learning Inc. has moved its corporate headquarters and 125 employees from downtown Baltimore City to 25,000 square feet of space at 4 North Park Drive in Hunt Valley.

Savills Studley

Savills Studley opened its newest office at 102 West Pennsylvania Avenue in Towson, expanding its presence in the Mid-Atlantic region.

Floors Etc.

This Timonium-based flooring company added 20,000 square feet of space to its 70,000-square-foot lease at 9603 Deereco Road and opened an outlet store selling designer tile, stone, mosaics, carpet vinyl and hardwood. The business has grown 25 percent over the last three years.

Mouth Party Caramels

This manufacturer and wholesaler of handmade caramels has signed an 8,000-square-foot lease at 1946 Greenspring Avenue in Timonium.

Mobtown Fermentation

This startup, founded in 2014, moved into a 4,000-square-foot space at 9 West Aylesbury Road in Timonium and will employ four people. In FY17, Baltimore County provided Mobtown Fermentation with a $100,000 Boost Loan for the purchase of an automated bottling line, which will help them bottle more product to increase revenue and profitability.

Whitney, Bailey, Cox and Magnani, LLC

This engineering and architecture firm has moved into 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, the National Lacrosse Hall of Fame as well as classrooms and offices for 89 staff members. The expected economic impact of this project is more than $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.

Tradepoint Atlantic

Formerly Sparrows Point LLC, Tradepoint Atlantic recently acquired the 3,100-acre former steel production facility at Sparrows Point. The new owners agreed to $48 million in assurances to pay for the environmental clean-up. The property is being redeveloped for industrial and distribution use. For more information about current tenants at Tradepoint Atlantic, see the Industrial Redevelopment section.

Lockheed Martin

Lockheed Martin’s contract with the U.S. Navy was renewed for $235 million to manufacture missile-firing systems used on warships at their facility in Middle River. The deal extends through 2022 and could be worth as much as $356 million if the Navy adds optional orders. The flexible missile system can launch a variety of missiles.

RPM Warehouse

RPM leased the 435,000-square-foot Chesapeake Real Estate facility on Tangier Drive in Crossroads at 95, expanding from its previous 238,000 square feet at the same location.     

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 was made available 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 the next 10 to 15 years. Greenleigh's plans currently include 1,800 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. Tokyo-based Eisai Co. Ltd. will be leasing a 40,000-square-foot building within Greenleigh and relocate 55 employees from its existing location in Baltimore City in 2019.

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. In May 2017, Franklin Square Medical Center opened the new High-Risk Assessment and Cancer Prevention Clinic, dedicated to identifying and caring for individuals who have an increased risk of cancer due to family history, medical and genetic factors or lifestyle influences. In July 2017, MedStar Franklin Square Medical Center was approved by the Maryland Health Care Commission to move forward with a $70 million project to replace old surgical facilities with a new two-story 75,000-square-foot building and 14 operating rooms to be constructed on the hospital's Rosedale campus. The work will begin in October 2017 with the demolition of an old building that currently sits on the site. About $40 million for the project will come from tax-exempt debt financing, $10 million cash will come from hospital operations and the other $20 million will come from several private and public investments. The project is intended to replace Franklin Square's current surgical facilities and will be constructed over the next two years. 

Carpet Consultants

Carpet Consultants, 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 the Crossroads at 95 Business Park. The company intends to relocate its entire operation to the new building.

Pro Transport Inc.

Pro Transport, a leading national trucking and transportation provider, has signed a 51,100-square-foot lease to expand at 11630 Crossroads Circle in the Crossroads at 95 Business Park. The company will lease the entire building, which features 16-foot ceiling heights and drive-in loading capabilities.

MedStar Health Timonium 

MedStar Health is consolidating several of its orthopedic offices into a 48,000-square-foot building at 2118 Greenspring Drive off of Interstate 83 in Timonium. The $10 million renovation, which will also add 8,000 square feet to the second and third floors of the building, is expected to be completed by August 2017. The new Timonium offices will hold orthopedic surgeons, some occupational therapy and physical therapy services, as well as X-ray and imaging services. The building will also be home to MedStar's sports medicine services, where it often works with Ravens and Orioles players. 

C. Steinwig Group

C. Steinwig, a service provider in the fields of storage, purchased a 230,835-square-foot industrial building at 4505 North Point Boulevard in Edgemere.

Ruxton Chocolates

In November 2016, Ruxton Chocolates, the maker of Mary Sue, Naron and Glauber’s candies, began construction 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. Baltimore County helped Ruxton reduce the cost of borrowing by supporting an $8 million industrial revenue bond.

Host Terminals 

In April 2017, Tradepoint Atlantic announced a 10-year agreement with Host Terminals to oversee marine cargo operations at the Baltimore County site, which includes $30 million in combined investment toward infrastructure improvements to the site. It is expected to bring 9,500 jobs to the region. The International Union of Operating Engineers' Local 37 will provide union labor for the facility.

Fed Ex Ground

FedEx Ground secured a long-term lease and, in July 2017, opened a new 300,000-square-foot distribution center at Tradepoint Atlantic that will employ up to 300 employees.

Atlantic Forest Products

In October 2016, Tradepoint Atlantic signed a long-term land lease with Atlantic Forest Products to bring its corporate headquarters and wholesale distribution of building products to Sparrows Point. Atlantic Forest Products will be leasing two storage buildings totaling 160,000-square feet on 16 acres for staging of building products. In addition, the lease includes 6,500 square feet of office space for Atlantic Forest Products to locate its corporate headquarters to Sparrows Point.

Under Armour

In August 2016, Under Armour signed a deal with Tradepoint Atlantic to build a 1 million-square-foot distribution warehouse that will employ 1,000 people and be part of an overall $175 million capital investment. The facility will serve as the company's national hub to fulfill consumers' online orders.

Hollins Ferry Logistics Center

Hollins Ferry Logistics Center completed construction on a 285,000-square-foot, Class A warehouse and logistics center. Located at 4803 Hollins Ferry Road in Halethorpe, this new facility will continue to attract major tenants to Baltimore County throughout 2017.

Security Square Mall

The Seoul Plaza section of Security Square Mall will be undergoing a major redevelopment to attract national tenants to revitalize this shopping center.  

Social Security Administration

Social Security Administration (SSA) 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 people at this site, and this significant investment ensures that Baltimore County remains home to the Social Security Administration for decades to come.

ATI Performance

ATI Performance recently purchased 6747 Whitestone Road for $3 million to remain in Baltimore County and expand their business.  

Amethyst Technologies

A provider of quality program development and comprehensive compliance services, Amethyst Technologies expanded their Bwtech space to include a new 3,000-square-foot lab and increase their line of services to include Advent Laboratories.

Rolling Run Tech Park

Located at 2270 Rolling Run Road, this 58,000-square-foot Class A office building is situated next to the Center for Medicare and Medicaid Services headquarters. With construction completed at the end of 2016, the tech park is almost fully leased with tenants moving in fall 2017.

Lifebridge Health

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. The building is part of a larger campus expansion at Northwest Hospital that is expected to cost between $20 million and $25 million. The Liberty Road project itself cost $5 million.

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.

Revised October 31, 2017         


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