Front Cover

page 2

Introduction
The Economic Alliance of Greater Baltimore is a partnership
of government, industry, and higher education promoting
Greater Baltimore as a world-class market in which to live,
work, learn, and invest.
The organization promotes regional economic
development through marketing, business retention,
business attraction, partnership, and thought leadership.
The Economic Alliance tracks the Baltimore Metropolitan
Statistical Area (MSA) annually using key economic
indicators. Throughout this report, Greater Baltimore is
compared to the average of every US metropolitan region
and to the US national average. Where specified, Greater
Baltimore is ranked among the 25 most populous US
metropolitan areas or benchmarked among select metro
areas, determined to be comparable to the Greater
Baltimore region.
The Greater Baltimore Regional Report includes year-end
data from sources such as the Bureau of Labor Statistics,
the Census Bureau, the Bureau of Economic Analysis,
and the National Science Foundation.
A note regarding sources and timing: Data sources often
lag for several months or years. The report uses the most
recent year-end and monthly data available at the time
the analysis is completed.

Defining the Region

Greater Baltimore and

the Baltimore-Washington Corridor

Population 5
Demographics 6
Educational Attainment

The Regional Economy

Employment & Productivity

Entrepreneurship and Innovation

10

Quality of Life

11

Homeownership and Home Prices

11

Wage Growth and Purchasing Power

12

Climate & Amenities

13

Jobs & Investment

14

Expansion, Retention, and Relocation

14

New Development

15

This report is made available for reference and your

own purposes. Contact us at 888.298.4322 or info@
greaterbaltimore.org with any questions. For more data,
news, and updates on the Economic Alliance of Greater
Baltimore, please visit us at www.greaterbaltimore.org.

page 3

Defining the Region

Greater Baltimore and the Baltimore-Washington Corridor
The federally defined Baltimore Metropolitan Statistical Area (MSA) includes Baltimore City and the surrounding
counties of Anne Arundel, Baltimore, Carroll, Harford, Howard and Queen Annes. Cecil County is a partner of the
Economic Alliance, but is not included in official metropolitan data for Greater Baltimore. Where possible, Cecil County
information is included in EAGB reporting.
Additionally, the larger Baltimore-Washington Combined Statistical Area (CSA) is comprised of the Baltimore MSA, the
Washington, DC MSA, and other small metro and micropolitan areas and is referred to as the Baltimore-Washington
Corridor.
Greater Baltimore is unique among the markets it is commonly compared to because of it borders with the Washington, DC MSA, which allows the region to draw employees from a larger workforce than exists within its defined boundaries. Commuting patterns support the notion of an expanded workforce region, as many residents of either region
commute every day to work across metropolitan boundaries.

Regional Commuters
Greater Baltimore
MD/DC Suburbs
DC
Northern VA
page 4

From
Greater Baltimore to:

From
MD Suburbs of DC to:

From
DC to:

From
Northern VA to:

945,626

117,791

7,150

20,563

149,284
30,511

471,745
202,233

37,132
169,915

86,470
179,428

22,260

94,160

35,564

941,196

Defining the Region

Population
Greater Baltimore is home to more than 2.7 million
residents, making it one of the 25 largest metropolitan
regions in the United States. The regions population has
grown 2.6 percent since 2010, faster than the New York,
Chicago, Pittsburgh, and Detroit MSAs, but not as rapidly
as the US metro average at 3.7 percent.

The median age for residents in Greater Baltimore is 38.2,

the ninth-oldest age among the 25 largest metropolitan
regions.
Greater Baltimore has a typical age distribution, and the
counties in the region are generally similar in terms of age
distribution. Only Baltimore City stands out as having a
large population of 22- to 29-year-olds. Greater Baltimore
itself does not have a particularly large population of
residents in any age group.

Greater Baltimore is a diverse region. Twenty-eight percent

of residents are black/African American; 5 percent are
hispanic; and 5 percent are Asian.
Race in Greater Baltimore
2014

5%

Foreign-born residents of Greater Baltimore make up

otherof the regions population, below the
roughly 10 percent
share of foreign-born residents nationally and among all
US metros.

3%

5%

asian

hispanic

white
black
hispanic

28%

black

asian
other

59%

white

page 5

s,

Defining the Region

Demographics
Economies compete to attract talent. Skilled young
professionals are the next generation of entrepreneurs
and executives, and establishing a lifestyle and workplace
culture that attracts young professionals can be beneficial
to continued economic prosperity.
Greater Baltimore ranks eighth among the 25 largest US
metros for the growth of young professionals. Over the
last five years, the number of young professionals in the
region has grown just over 10 percent, similar to the rate
of young professional growth in San Diego, San Francisco,
and Houston.

professionals with a Bachelors degree or higher. This

subset of the population has grown roughly 22 percent
since 2010, a rate competitive with Seattle, San Antonio,
and San Francisco.
s,

s,

While the young professional age group does include 18to 24-year-olds, the residency of subset of the population
is particularly unstable. Many 18- to 24-year-olds have
changed residence due to going to college in a different
county or state, and have little desire to remain in the
area following their graduation or after gaining experience
at a first job. The 25- to 34-year-old subset of young
professionals is slightly more stable, and as a result,
is used to gauge the regions ability to attract young,
qualified workers with job opportunities and quality of life.
Greater Baltimore would benefit from not only attracting
18- to 24-year-olds interested in the regions world-class
educational institutions but also from retaining them in
the workforce following graduation.
The region is attractive to college-educated young
professionals. Greater Baltimore ranks seventh among
the 25 largest US metros for the growth in young
page 6

Additionally, this population has degrees in relevant fields.

Among the 25 largest US metros, Greater Baltimore has
experienced the third-fastest growth of 25- to 39-yearolds with Education degrees; the fourth-fastest growth
with Science & Engineering Related Fields, which lead
to occupations as architects, clinical lab technicians,
and pharmacists; and the fifth-fastest growth of young
professionals with Business degrees.
s,
Greater Baltimore is particularly popular
among young
professionals with advanced degrees. While the total
number of Greater Baltimore residents with advanced
degrees has grown over 12 percent over the last five
years, the number of 25- to 34-year-old residents with
Masters and Doctorate degrees in Greater Baltimore
has grown over 30 percent over the same time period.
Greater Baltimore has experienced the fourth fastest rate
of growth of young professionals with advanced degrees
among the 25 largest US metros, while overall growth of
residents with advanced degrees has been slower than
the US average.

Defining the Region

Educational Attainment
Greater Baltimore is home to one of the most educated
populations in the country. The region ranks fourth
among the 25 largest US metros with over 16 percent of
residents holding graduate or professional degrees and
eighth with over 37 percent of residents with a Bachelors
degree or higher. Greater Baltimore is significantly more
dense with highly educated residents than the national
average and the average US metro area.

service members and veterans. Johns Hopkins University

was named one of the best value schools in the country.
Maryland Institute College of Art is listed as the #7 fine
arts school in the country, and was ranked #3 in graphic
design.
Other media outlets have recognized the unparalleled
higher education assets in Greater Baltimore. UMBC was
one of just 20 public universities to be named a best
buy in Fiskes 2016 Guide to Colleges. Seven Greater
Baltimore colleges and universities were named to the
Princeton Reviews list of The Best 380 Colleges.

10
156

The nearby DC Metro has the highest concentration

of college graduates in the country. Because the two
metropolitan areas share a fluid workforce, employers in
both regions have access to a combined talent pool of
highly-skilled and well-educated people.
Greater Baltimores universities are graduating students
into high-wage jobs. The highest starting salaries for
recent graduates are in computer science, engineering,
and mathematics degree fields, and nearly 15 percent
of Greater Baltimore residents have four-year degrees in
computer science or engineering. Four-year universities
in Maryland conferred over 11,700 degrees in STEM
fields in 2014, including 4,200 degrees in technology
fields, 3,000 degrees in engineering, and 550 degres in
mathematics.
US News and World Report recognizes Greater Baltimore
colleges and universities as among the best regionally
and nationally. Seven regional universities are also listed
among the 100 best colleges for veterans in the US due
to their participation in federal programs that serve active

9
55
112
4
6
3
43
58
79
122
1
12
37
84

US News and World Report

Undergraduate Education Rankings
2016
National Universities
Johns Hopkins University
University of Maryland, Baltimore County
National Liberal Arts Colleges
US Naval Academy
St. Johns College
Goucher College
Most Innovative Schools
University of Maryland, Baltimore County
Goucher College
Regional Universities (North)
Loyola University Maryland
Towson University
Notre Dame of Maryland University
Stevenson University
University of Baltimore
Public Schools
US Naval Academy
Towson University
University of Baltimore
University of Maryland, Baltimore County

page 7

The Regional Economy

Employment & Productivity
Greater Baltimore has exhibited strong employment
growth over the last decade. The region has grown by
59,200 jobs since 2005, just over 4.5 percent in the
ten-year period. This rate ranks thirteenth among the 25
largest US metros and is comparable to the growth of
nearby Washington, DC, New York, and San Diego. The
25 largest US metros grew by an average of 5.8 percent
between 2005 and 2014, 1.3 points faster than Greater
Baltimore.

Meanwhile, more residents than the national average

in Greater Baltimore are part of the labor force, defined
as employed or actively looking for work, which is
an indication that residents are optimistic about job
prospects. A declining unemployment rate coupled with
low rates of labor force participation would signify that
people are no longer searching for jobs.

Despite the regions steady ten-year growth, employment

growth since 2013 is slower than the US average and
significantly slower than fast-growing large metropolitan
regions. Between 2013 and 2014, Greater Baltimore
employment grew 0.9 percent, a full point below the US
average of 1.9 percent. The average one-year growth in
employment among the 25 largest US metros in the same
period totaled 2.3 percent, nearly 1.5 points greater than
Greater Baltimores one-year growth rate.
The Greater Baltimore unemployment rate of 5.5 percent
has declined slowly from its peak in early 2010. The US
unemployment rate, which sits at 4.9 percent, is below
the unemployment rate in Greater Baltimore after having
been multiple percentage points higher in the late
2000s. The unemployment rate in Greater Baltimore
continues to trend nearly identically to the national rate
of unemployment.
page 8

The Regional Economy

Employment & Productivity
Greater Baltimores economy was resilient through
the recession of the late 2000s and has since grown
steadily. The region experienced only a minor decrease
in real output in the late 2000s while the average US
metro suffered a nearly 3 percent decline in productivity
during the financial crisis. After showing 3 percent growth
immediately following the financial crisis, the regional
economy has grown at roughly 1.5 percent annually. This
rate of growth is slower, but remains more consistent,
than that of the US and the average US metro.

Greater Baltimore was responsible for nearly half of the

States exports, amassing $5.9 billion in international
sales in 2014.
Greater Baltimore benefits greatly from its proximity to the
federal government. Federal expenditure is responsible
for roughly 12 percent of the regions output, a figure
that has risen slowly but steadily since 2001. The typical
US metropolitan region generates about 4 percent of its
output through federal expenditure. This economic activity
generated by the federal government is generally reliable,
and was key to Greater Baltimores steady economy
through the last decade.
Government expenditure now accounts for nearly $35
billion of output in Greater Baltimore, with over half of
that total coming from federal expenditure.

Exports from the State of Maryland reached historic highs

in 2014. Over $12 billion worth of goods and services
were exported from Maryland, $400 million more than in
2013.

While the region should seek to capitalize on its proximity

to the federal government, a natural advantage to many
businesses in the region, it is wise to continue to mix
commercialization and entrepreneurship into the Greater
Baltimores economic base. Attempts to manage the
federal budget, like those seen during sequestration,
may have too large an impact on an economy that relies
heavily on government contracts.
Recently, the region and the State of Maryland have
placed greater emphasis on commercialization of
research and development projects that exist throughout
the region as well as government technologies that could
serve both public and private enterprise. In this way, firms
in Greater Baltimore, and the region as a whole, have an
opportunity to capitalize on the acyclical nature of the
federal government while also realizing returns in the
commercial market.

page 9

The Regional Economy

Entrepreneurship and Innovation
An emphasis on innovation and entrepreneurship has
led to increased productivity and job creation in Greater
Baltimore and elsewhere. Because a majority of net
new jobs are created by firms less than five years old,
it is important to ensure that the infrastructure for the
sustained success of new ventures is in place.

Maintaining a growth in the rate at which startups are

formed is critical to the productivity in Greater Baltimore.

Greater Baltimore and Maryland are consistently rated

among the best places to launch a business. The US
Chamber of Commerce rates Maryland as the #3 state in
the country for innovation and entrepreneurship, noting
the states dedication to research and development
in BioHealth and Cyber Security and the abundance of
STEM professionals in the State as key to its success as a
top economic performer.

The entrepreneurial environment fostered around the

region has helped to generate strong young firms. Fiftyone companies from Greater Baltimore were listed on
the 2015 Inc. 5000, a comprehensive list of the fastestgrowing private companies in the country. Many of the
regions fastest growing firms are in high-tech sectors; 15
of the regions firms are in the IT services and software
industries. Government services firms on the Inc. 5000
employ more people in Greater Baltimore than any other
industry.
According to the Kauffman Foundation, Greater Baltimore
ranks second among US metros for the opportunity
share of new entrepreneurs, defined as the number of
new entrepreneurs that were not unemployed before
launching their new business. New startups in the region
are overwhelmingly founded by the already-employed.
The Kauffman Foundation considers this a key metric in
determining where entrepreneurship is being driven by
market opportunity.
The rate of startup formation, defined as the percentage
of firms that are less than one year old, fell rapidly
across the US following the financial and housing crises.
Greater Baltimore has increased startup activity by 7.4%
since 2010, compared to the US metro average of 3.1%
and the national average of 3.5% over the same period.
page 10

Quality of Life
Homeownership and Home Prices
Greater Baltimore residents often own their own homes.
Since 2009, the rate of homeownership in Greater
Baltimore has been roughly that of the US, but with
more quarterly variation. Greater Baltimore has the
seventh-highest rate of homeownership among the
twenty-five largest US metros, and the fifth-highest rate of
homeownership among select comparison markets.

The rate of homeownership in Greater Baltimore is similar

to that of Washington, DC, just below that of Philadelphia,
and just above homeownership rates in Boston. New
York has an unusually low rate of homeownership in
the Northeast Corridor, likely due to the high cost of
ownership and the frequency of young adults renting in
New York City.

median income, median home price, and the prevailing

mortgage interest rate to determine where residents are
most likey to be able to afford a home.
Among the 25 largest US metros, Greater Baltimore
ranks eighth in this measure of home affordability. With a
2014 Affordability Index of 185.1, the Affordability Index
indicates that a Greater Baltimore family earning the
median family income and making a 20 percent down
payment has 185 percent of the income necessary to
qualify for a conventional loan.

Among select comparison markets, Greater Baltimore

residents earn wages that are most likely to afford them
the opportunity for homeownership. The region is one of
the most afforable regions among these similar markets.

Homeownership in Greater Baltimore is high in part

because the region is relatively inexpensive compared to
its large-market peers. As of Q2 2015, the median home
price in Greater Baltimore is $254,500, twelfth among
the twenty-five largest metro areas.
Like most major metro areas, rental properties are
available throughout the region, and rent prices are
similar to those in nearby metro areas. As a result,
Greater Baltimore is often named among cities in which it
is cheaper to buy a house than to rent.
The National Association of Realtors has established
a Home Affordability Index according to metropolitan
page 11

Quality of Life
Wage Growth and Purchasing Power
Greater Baltimore residents enjoy a low cost of living
relative to those living in other large US markets. While
the cost of living in the Baltimore-Washington corridor has
risen over the last decade, it is still well below that of the
US City Average.
The Consumer Price Index (CPI) allows for measuring
the price of goods over time. Prices in the BaltimoreWashington corridor and all US cities have risen nearly
55 percent since 1997, the reference year used for the
Baltimore-Washington regions CPI calculation. However,
wages in Greater Baltimore have increased faster than
the cost of living in the region, so that residents of the

page 12

region have more buying power today than at nearly any

other time in the last twenty years.
Residents of Greater Baltimore generally have greater
buying power than people in other markets due to steady
inflation but faster wage growth than the average in other
US cities.
Residents of the region enjoy not only access to Greater
Baltimores picturesque waterfront and world-class health
care system, but do so at a far lower cost than residents
of other cities like Boston and New York.

Quality of Life
Climate & Amenities
As a historic port city, Greater Baltimores economy used
to rely on water access. While the Port of Baltimore
remains a strong economic engine, Greater Baltimores
coastline has become as much a recreation feature and
tourist attraction as a generator of productivity.

The region sits on the Chesapeake Bay, and six of the eight
municipalities that make up the region sit on the water.
In total, Greater Baltimore features over 1,680 miles of
shoreline that is used for trade, recreation, sightseeing,
and natural environmental areas, all of which allow for
unique activities and stunning views that benefit the
regions residents.
Parkland Density in Maryland Counties

Maryland is home to nearly 9,900 square miles of

federal and state parkland, which covers over 6 percent
of the states surface. Each municipality manages local
parklands not counted in this total as well; Baltimore
City alone has 7.6 square miles of green space, which

represents over 8 percent of the Citys area. Counties

shown here in darker green are more dense with public
park space. Because of the abundance of nearby federal,
state, and local parkland, residents of Greater Baltimore
and the State of Maryland can easily partake in outdoor
recreational activities or simply engage with the natural
environment of the region.

Greater Baltimores moderate climate offers a true four

seasons and plenty of sunshine. The region sees an
estimated 2,496.6 hours of sunshine every year, or 6.84
hours of sunshine per day. Residents of Greater Baltimore
get as much sunshine as Houston and enjoy more hours
of sunlight than Chicago, Detroit, and Portland. With 105
clear days every year, residents of Greater Baltimore have
plenty of opportunities to enjoy the outdoor amenities
available throughout the region.
Greater Baltimore is home to a number of world-class
hospitals, and residents have access to a standard of care
that is unmatched elsewhere. Johns Hopkins Hospital
was ranked the third best hospital in the country by US
News and World Report and is nationally ranked in 15
adult specialties and 10 pediatric specialties. University
of Maryland Medical Center is ranked nationally in two
adult specialties and is home to the R Adams Cowley
Shock Trauma Center, the first facility in the world to treat
shock.

page 13

Jobs & Investment

Expansion, Retention, and Relocation
New and expanding firms in Greater Baltimore have generated nearly 9,900 jobs in 2014 and 2015. The region has
grown to be a popular destination for firms across a variety of industries, including information technology and cyber
security as well as logistics and distribution. Below are thirty notable firms with new and expanding operations in the
Greater Baltimore region using data provided by jurisdictions within the region.

Company

New and Expanding Firms in Greater Baltimore

2014 - First Half 2015
County
Jobs Expansion or Relocation

Amazon
Exelon
McCormick & Co.
Towson Square
Johnson, Mirmiran & Thompson (JMT)
Coastal Sunbelt Produce
Kelly & Associates
Reliable Church Hill
IronNet
Pandora
Social Solutions
Cisco/SOURCEfire Inc.
Fuchs North America
BSC America
Flagger Force
Gordon Food Service Inc.
Smith's Detection
Frito-Lay, Inc.
Loomis Armored US
Prime AE
Exelon
Vorbeck Materials Corp.
Accenture Federal Services
Skyline Technologies
Carlisle Etcetera LLC
Fourth Dimension Engineering
idX Expanding
Plan B Technologies
Power Electronics Inc.
BD Diagnostic
IMC

page 14

Baltimore City
Baltimore City
Baltimore
Baltimore
Baltimore
Howard
Baltimore
Baltimore
Howard
Baltimore City
Baltimore
Howard
Carroll
Harford
Anne Arundel
Harford
Harford
Harford
Baltimore
Baltimore
Harford
Howard
Anne Arundel
Anne Arundel
Carroll
Howard
Howard
Anne Arundel
Queen Anne's
Baltimore
Anne Arundel

3,100
1,500
900
870
630
500
500
500
260
250
200
197
160
150
150
150
141
100
100
100
95
85
80
77
75
75
75
65
65
60
60

New
Consolidation/Expansion
Retention
Redevelopment Project
Expansion
Expansion
Expansion
Relocation
New
New/Relocation
Expansion
Expansion
New/Relocation
Expansion
Expansion
New/Relocation
Expansion
Expansion
Expansion
Consolidation/Relocation
Expansion
Expansion
Expansion
Expansion
Expansion
Expansion
Expansion
New/Relocation
Expansion
Expansion
New/Relocation

Jobs & Investment

New Development
YORK

ADAMS

As Greater Baltimore continues to grow and attract

businesses, many developers have invested in new
buildings for office workers, health care, and residence.
Over $2 billion of renovation and new construction has
been proposed, is in progress, or has been recently
completed in the region, creating more space to house
firms and families. Over 11.7 million square feet of office,
warehouse, hospital, and research and development
space is being built in Greater Baltimore.

LANCASTER

CHESTER

PENNSYLVANIA

CECIL

12

HARFORD

BALTIMORE
COUNTY

CARROLL

FREDERICK

18
8

11

13
4

BALTIMORE
CITY
6

While a great deal of development is taking place in

Baltimore City, speculative warehouse space is being
established in Harford County; over 90,000 square
feet of office and laboratory R&D space is being built in
Baltimore County, including the continued growth of the
Metro Centre transit-oriented development project; and
many existing projects in Anne Arundel County are being
VIRGINIA
expanded to accomodate rapid growth.

HOWARD

15

MONTGOMERY

17

10
9

14

KENT

Pat
a

16

psco

19 development sites
21 of
Map
Riv
er

20

QUEEN
ANNE'S

LOUDOUN

DISTRICT
OF COLUMBIA
ANNE
ARUNDEL

PRINCE
GEORGES

A map of the largest active projects is shown to here, and

each project is listed below with additional details where
available.
PRINCE
WILLIAM

CALVERT

CHARLES

Chesapeake Bay

FAIRFAX

TALBOT

CAROLINE

DORCHESTER

STAFFORD

1. Harbor Point Expansion & Regional Headquarters

Status: In Progress/Planned
Type: Office, Residential, Retail, Hotel
Capital Investment: $270 million in Phase I
Size: 3 million square feet mixed use

2. Canton Crossing
Status: Architecture Review
Capital Investment: $1 billion
Size: 1.1 million square feet office
Type: Office, Residential, Retail, Recreational
ST. MARY'S

KING GEORGE

SOMERSET

WESTMORELAND

Developer: Beatty Development

Developer: COPT
page 15

Business Growth
New Development
3. Canton Crossing
Status: Approved
Capital Investment: $60 million
Size: 13-story office tower
Type: Office, Retail

4. Baltimore Crossroads
Status: In Progress
Size: 3 buildings, 89,310 square feet total
Type: Office, Research and Development

Developer: Merritt Properties LLC

Developer: St. John Properties
5. Johns Hopkins Skip Viragh Outpatient Cancer Building
Status: In Progress
Capital Investment: $100 million
Size: 184,000 square feet
Type: Medical

page 16

6. LifeBridge Health and Express Care Urgent Care Center

Status: In Progress
Capital Investment: $2 million
Size: 5,000 square feet
Type: Medical

Business Growth
New Development
7. Port 95 Industrial Park
Status: In Progress
Capital Investment: $47.2 million
Size: 2 buildings, 500,000 square feet total
Type: Warehouse

8. Perryman Logistics Center

Status: In Progress
Capital Investment: $40 million
Size: 571,000 square feet
Type: Warehouse

Developer: Chesapeake Real Estate Group

Developer: Chesapeake Real Estate Group
9. 300 E Pratt
Status: Architecture Review
Size: 200 hotel rooms, 400 residential units,
10,000 square feet of retail
Type: Residential, Hotel, Retail

Developer: Comstock Partners

10. 1 Light Street

Status: Approved
Size: 10 floors of office space, 14 floors of residential
Type: Office, Residential

Developer: Metropolitan Partnership Limited &

J. Joseph Clarke
page 17

Business Growth
New Development
11. Metro Centre
Status: In Progress
Capital Investment: $50 million
Size: 200,000 square feet total
Type: Office, Retail

12. Principio Business Park

Status: Permitted
Size: 1.2 million square feet
Type: Warehouse

Rd
Gonce
Perryville
Cold Storage

Belv
d
re R

ide

Subject property
1.2 million SF

1 Principio Pkwy

ski

W Old Philadelphia Rd

a
Pul

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hw

Hig

Developer: David S. Brown Enterprises

13. Towson Row

Status: In Progress
Capital Investment: $350 million
Size: 1 million square feet total
Type: Office, Residential, Hotel, Retail

14. Little Patuxent Square

Status: In Progress
Size: 160 units, 160,000 square feet
Type: Office, Residential

Developer: Caves Valley Partners

Developer: Costello Construction & CORE Group
page 18

Business Growth
New Development
15. The Metropolitan Downtown Columbia
Status: In Progress
Size: 380 units, 14,000 square feet of retail
Type: Residential, Retail

Developer: Howard Hughes & Kettler

17. 8115 Maple Lawn Boulevard

Status: In Progress
Size: 138,900 square feet
Type: Office

16. Columbia Gateway Business Park

Status: Completed, 2015
Size: 52,000 square feet
Type: Office

Developer: COPT & Manekin LLC

18. Eastgate
Status: Seeking Entitlements
Size: 2,275,500 square feet
Type: Warehouse, Industrial

Developer: Greenbaum Enterprises

Developer: MRP Industrial

page 19

Business Growth
New Development
19. Maryland Live! Casino
Status: Expansion; In Planning
Size: 300-room hotel,
20,000 square foot conference center
Capital Investment: $150 million
Type: Hotel, Retail

Developer: Cordish Cos.

21. Arundel Preserve Town Center

Status: In Permitting
Size: 242 apartments
Type: Residential, Retail

page 20

20. National Business Park North

Status: In Progress, Planned
Size: 350,000 square feet total
Type: Office

Developer: COPT

page 21

Rear Cover

w w w. g r e a t e r b a l t i m o r e . o r g