Skip Navigation

New and Expanding Business List

The following list highlights a selection of business and real estate activity in Baltimore County from January 2018 to May 2019.

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 Circle East

A $30 million mixed-use development planned for the traffic circle at York and Joppa Roads will include 371 mid- and high-rise apartments, over 240,000 square feet of new and refurbished retail space and underground parking. The project, currently in the design review and permitting stages, is expected to be completed in 2020. Some existing retail operations have closed or have been relocated to accommodate the project, which will include underground parking for the retail space.

Towson Residential

Since 2008, over 1,200 new luxury apartments have been completed and almost 400 are under construction. A $60 million, 611-bed, 248-unit student housing project with first-floor retail is planned at 101 York Road. The Flats at 703, a new 105-unit apartment project located at 703 Washington Avenue, is leasing up. Towson Mews, consisting of 34 luxury townhomes being built by Evergreene Homes, is more than half completed.

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, this $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 for student housing and roughly 140,000 square feet of commercial space, including shops, restaurants and a grocery store. The hotel portion of the development is projected to be completed fall 2020.

Stanley Black and Decker Global Tools and Storage

The company signed a lease for an additional 92,000 square feet in the Greenleigh development in Middle River and will hire 400 new employees by December 31, 2020. 600 total employees will be located at Greenleigh; 200 of those employees are moving there from Towson. Investment in the new space is $8.5 million, including real property improvements, furniture, fixtures and equipment. The new space was necessary to accommodate projected employment growth as a result of two major purchases in the past few years—the Newell Brands tool business and the Craftsman line of tools from Sears. These purchases help Stanley Black and Decker push deeper into consumer and industrial equipment 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—the company currently occupies a total of 565,000 square feet in the Towson area, split between the 31-acre campus they own at 701 East Joppa Road and several nearby leased properties. They currently employ 1,600 full-time employees and 350 private contractors.

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 2017. New shops include: Kenilworth Wine & Spirits, longtime local boutique Ruth ShawJ. Jill and Radcliffe Jewelers.

Towson Commons Retail

Affiliates of MFI Realty and Woodmont Properties II are redeveloping 115,000 square feet of retail space along York Road and Pennsylvania Avenue. Seven new retailers—CVS Pharmacy, Chipotle, Hair Cuttery, Brown Rice, Insomnia Cookies, First National Bank—have opened and renovations are underway for others including Salon Plaza and C&R Pub. The certified public accounting firm Rosen, Sapperstein and Friedlander moved its offices from Owings Mills to Towson Commons.

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 and 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 includes a branch of the Baltimore County Public Library, community college branch, and two five-story upscale buildings with 232 apartments that are over 90 percent leased, and ground floor retail and restaurant space. Salontra Select Suites, Suya Spot, World of Beer and Club Pilates are the newest tenants. Construction has started on a new seven-story apartment building, which will bring the total number of apartments at Metro Centre to 350. The 114-unit building will be called The Met at Metro Centre.  A deal has been signed for a new 225-room full service Marriott International hotel with conference facilities and a 1,000-seat ballroom. The project, which represents a $70 million investment, is expected to open in late 2019.

Mill Station

The former Owings Mills Mall site is being redeveloped as an outdoor shopping center called Mill Station, a 575,000-square-foot, $108 million project to be anchored by a new Costco warehouse store. The 148,000 square foot Costco, the retailer’s fifth Baltimore-area location, opened in October 2018, and an 111,000 square foot Lowe’s Home Improvement store opened at the end of January 2019. Other announced tenants include Marshalls, Burlington, Homesense, Five Below and Giant Food, all of which are expected to open in late summer 2019. Plans also call for extensive renovations to the existing AMC Theatre.    

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, Nalley Fresh, Bar Louie, Mission BBQ, Chipotle, La-Z-Boy Furniture, Old Navy, Floyd's 99 Barbershop, Hair Cuttery, Sleep Number, Palio, Muse Paint Bar, Amazing Lash and Home Goods 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, is 95 percent occupied. The Class A apartment building offers a variety of amenities, including a dog park, a gym and a game room. The new apartment community sits above 30,000 square feet of retail.

McCormick and Company

The international spice manufacturer, currently located in Sparks, occupied their new 340,000 square foot headquarters building at 99 Shawan Road in October 2018. A former telephone company building was completely renovated and retrofitted, creating a state-of-the-art corporate campus for McCormick. The building, home to 1,100 employees, houses corporate functions, the company’s U.S. consumer and industrial divisions, and a health and wellness center.

Green Valley Market

In December 2018, B Green, a local grocery store operator, opened their first Baltimore County project, a Green Valley Marketplace store, in the former Mars Supermarket space at 15 E. Padonia Rd. The store employs 120 people.

Paul Fredrick Menstyle LLC

An online men’s clothing retailer, relocated its corporate headquarters from Pennsylvania to Sparks in Baltimore County. The company leased 7,200 square feet and invested $1 million in improvements. They will employ 60 people at that location and expect to add additional operations in the future.

Conveyor Automation Technologies

A developer and provider of production-line technology to the manufacturing and packaging industry, purchased a 47,000-square-foot building on Loveton Circle in Sparks to expand their business. They employ 27 at the facility and invested over $4 million in the purchase and renovation of the building.

Bank of America

Bank of America plans to add 600 jobs at its call center in Hunt Valley by 2020. These jobs will join the 300 jobs that the bank added at the two-building complex in 2017. The new positions—primarily call center and staff support positions—will bring the bank’s employee count at the site up to 1,500 over the next two years. Bank of America has taken over new space, upgraded interiors and increased parking at the 377,000-square-foot complex they own at 11333 McCormick Road. Merrill Lynch, Bank of America’s wealth management division, also has offices at the site.

MedStar Health Timonium

MedStar Health is consolidating several of its orthopedic offices into a 48,000-square-foot building at 2118 Greenspring Drive, off Interstate 83 in Timonium. The $10 million renovation, will also add 8,000 square feet to the second and third floors of the building. The new Timonium office 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.

Johnson, Mirmiran & Thompson (JMT)

This nationally ranked employee-owned architectural and engineering firm has occupied its new headquarters building in Hunt Valley. Five hundred employees moved in March 2017 to the five-story 130,000 square foot building on Wight Avenue.

Tradepoint Atlantic

In 2014, Tradepoint Atlantic acquired the former steel production facility at Sparrows Point. The 3,250-acre property is being redeveloped for industrial and distribution use. In summer 2018, Tradepoint Atlantic purchased Sparrows Point Shipyard for $33.5 million to expand its maritime operations.

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 Lockheed’s 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. 

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 10 to 15 years. Greenleigh plans currently include 1,800 detached homes and townhomes, 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. 

Eisai Inc.

The U.S. pharmaceutical subsidiary of Tokyo-based Eisai Company signed a 40,000-square-foot building lease within Greenleigh at Crossroads. The company is relocating approximately 55 employees from its existing location in Baltimore City in 2019 after construction is completed.

MedStar Franklin Square Hospital

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 began in October 2017 with the demolition of an old building that sat 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. In January 2018 MedStar Orthopedic Institute opened the Orthopedic and Sports Medicine Center at MedStar Franklin Square Medical Center. Located in 10,043 square feet of space, the practice is dedicated to bone, joint, and soft tissue injuries, and includes seven orthopedic and sports medicine experts, along with rehabilitation therapy, in one centralized location. The new center is located in the Medical Arts building across from the main hospital on Franklin Square Drive. It will include 18 exam rooms, two imaging suites, and an expansive waiting room with an area for children to play. The location is convenient to communities of Harford County and Eastern Baltimore County—including Perry Hall, Nottingham, Dundalk, Middle River and Parkville.

Under Armour Omi Distribution House

Under Armour signed a deal with Tradepoint Atlantic to build a one-million-square-foot distribution warehouse that will employ 1,000 people, and be part of an overall $175 million capital investment. The facility opened in May 2019 and will serve as the company's national hub to fulfill consumers' online orders.

Perdue AgriBusiness

A division of Perdue Farms, is investing $30 million to open an organic grain receiving and storage facility at Tradepoint Atlantic. The facility includes grain and oilseed processing and milling, and will support more than 25 new jobs. The facility will open sometime in late 2019 or early 2020.

Empire Resources

In July 2018 Empire Resources converted its 200,000-square-foot building in Essex into a “cold rolling” mill for aluminum and steel. Capital Investment in the project is $40 million. The company still anticipates creating 150 new manufacturing related jobs within two years of opening.

Netzer Metalcraft

This fabricating and machining company purchased a site in Essex to manufacture aerospace parts. They relocated from Baltimore City in late 2018.

Advantage Book Binding

This industry-leading trade bindery for over 30 years purchased a site at 2 Nashua Court in Essex. They relocated from Anne Arundel County with 30 existing jobs and 3 to 5 new positions. The approximate capital investment is $3.5 million.

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 attracted LKQ Corporation, the largest provider of alternative collision auto parts, to Baltimore County in 2017 and occupied the space in early 2018.

ATI Performance

In 2017, ATI Performance purchased 6747 Whitestone Rd for $3 million to remain in Baltimore County and expand their business.

Social Security Administration

Social Security Administration (SSA) headquarters in Woodlawn announced they will receive a $150 million Congressional Appropriation for major renovations of their main administrative building. SSA employs approximately 11,000 at this site and this significant investment ensures that Baltimore County remains home to the Social Security Administration for decades to come.

Guinness Open Gate Brewery and Barrel House

In 2017, Diageo began work on their Relay Campus to produce experimental beers, Guinness Blonde Lager and a visitor center. The $80 million brewery project will create approximately 200 production and hospitality jobs. The tap room opened in 2017, with full brewing operations completed in October 2018, with more to come.


Located at the University of Maryland Baltimore County (UMBC) business incubator, the iCyberCenter is the first global cyber incubator that will attract international companies to the Maryland market and offer connections with existing organizations. Currently, there are eight national and international companies participating in the program. 

Beltway Business Park

Merritt Properties constructed two new buildings on Twin Springs Road in fall 2017 and spring of 2018. Both buildings are about 40,000 square feet each, and the total investment including land was $6.2 million. They are expected to be open for new tenants fall of 2019.

Saval Foods

Saval Foods opened a meat slicing and packaging facility on Twin Springs Road in Halethorpe. They created 38 new jobs, with an investment of $1.9 million in new equipment and buildout.

Good Wrappers

Good Wrappers recently purchased 3901 Washington Boulevard for expansion of their operation. The $2.6 million expansion will provide 160,000 square feet of additional space. As a result of the expansion, they expect to increase their employment from 50 to 60 employees.

Heavy Seas

This brewery announced they will be expanding and renovating their brewery in Halethorpe. They expect to add four more positions to their existing 55 employees.

U.S. Census Office

Towson was selected as a location for a 2020 U.S. Census office. The office is expected to create 50 new jobs in an 8,000 square-foot office building. This will be an 18-month term assignment for this operation.


LKQ distributes and sells vehicle parts, collision paint and supplies, and car service items. In April 2018, they began hiring 25 new positions to add to their existing 113-person workforce. They are in a lease agreement at the newly constructed Hollins Ferry Logistics Center.

Vanns Spice

In December 2018, Vanns Spices relocated to a new facility in Baltimore County which doubled their existing space from 30,000 square feet to 60,000 square feet.  They expect to increase the number of employees from 45 to 65 within the first few months of operation in early 2019.  The new facility will require over a $1 million buildout and renovations.

List of New Employers

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.

Contact us with questions at

Revised August 25, 2020         


A new website for Baltimore County

We're working to provide you with a better experience, and want your feedback. Learn more about our project and give your feedback.

Department of Economic and Workforce Development

Did This Page Help?
Fields marked with * are required.
Page Rating*