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Liberty Road Business Community
Northwest Hospital anchors the eight mile-long Liberty Road Corridor, which also offers a lively mix of national and locally-owned retailers. Northwest Hospital has invested over $120 million in renovations and expansions over the past 10 years, including a new 55,000-square-foot Class A medical office building. With 1,600 employees, the hospital, along with six nearby mega churches with approximately 18,000 parishioners, drive demand for Liberty’s 14 shopping centers and over two million square feet of retail space. Strong median household incomes and high average daily traffic counts position the corridor for further growth.
Competitive Advantages
The Liberty Road business community has several competitive advantages, including:
- Northwest Hospital Center
- Comparatively low acquisition and lease costs
- Easy access to I-695 with newly renovated interchange
- Variety of housing options
- Increasing population
- Bus line for workforce transit
- Commercial revitalization incentives
- Strong faith-based community of six large churches
- Generally strong support for development in this area
- County growth management policies (URDL) encourage new retail in redevelopment areas rather than greenfields
- Liberty American Job Center
- Community College of Baltimore County training facility
Select Business Locations
Savoy Plaza Shopping Center
- 8511 to 8521 Liberty Road
- 11,000 square feet available
9631 Liberty Road
- Flex space
- 9,000 square feet available
Liberty Plaza
- 8700 to 8724 Liberty Road
- 11,300 square feet available
Resources and Incentives
Along with site location assistance, the Department of Economic and Workforce Development facilitates the following assistance programs:
Finance
- Loans and loan guarantees
- Tax-exempt industrial revenue bonds
Tax Credits
- Job creation tax credits
Workforce
- Recruitment assistance
- Customized training
Employers and Institutions
Select Employers | Business Sector |
---|---|
Genesis HealthCare | Healthcare |
Home Depot | Retail |
Marshall's | Retail |
Northwest Hospital | Medical center |
Randallstown Community Center and YMCA | Community and recreation center |
Liberty American Job Center | Workforce center |
Walmart | Retail |
Demographics
2015 Area Population and Income
| One-Mile | Three-Mile | Five-Mile |
---|---|---|---|
Population | 16,696 | 94,800 | 218,264 |
Households | 6,161 | 37,294 | 86,171 |
Median Household Income | $64,883 | $69,174 | $65,659 |
Estimated Average Household Income | $76,182 | $82,718 | $82,603 |
Median House Price | $244,762 | $247,230 | $247,127 |
Demographics were measured using a one-, three- and five-mile buffer drawn around the intersection of Liberty Road and Old Court Road. Source: 2015 Nielsen Population Data
More Information
Contact Todd Dolbin, Business Development Representative, at tdolbin@baltimorecountymd.gov or call 410-887-4096 for more information.
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