3. page 3
Introduction
TheEconomicAllianceofGreaterBaltimoreisapartnership
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.
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.
Defining the Region 4
Greater Baltimore and
the Baltimore-Washington Corridor 4
Population 5
Demographics 6
Educational Attainment 7
The Regional Economy 8
Employment & Productivity 8
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
4. page 4
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 Anne’s. 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 Washing-
ton, DC MSA, which allows the region to draw employees from a larger workforce than exists within its defined bound-
aries. 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
From
Greater Baltimore to:
From
MD Suburbs of DC to:
From
DC to:
From
Northern VA to:
Greater Baltimore 945,626 117,791 7,150 20,563
MD/DC Suburbs 149,284 471,745 37,132 86,470
DC 30,511 202,233 169,915 179,428
Northern VA 22,260 94,160 35,564 941,196
5. page 5
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 region’s 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.
Greater Baltimore is a diverse region. Twenty-eight percent
of residents are black/African American; 5 percent are
hispanic; and 5 percent are Asian.
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.
Foreign-born residents of Greater Baltimore make up
roughly 10 percent of the region’s population, below the
share of foreign-born residents nationally and among all
US metros.
other
asian
hispanic
black
white
white
black
hispanic
asian
other 59%
28%
5%
5%
3%
Race in Greater Baltimore
2014
6. page 6
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.
While the young professional age group does include 18-
to 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 region’s 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 region’s 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
professionals with a Bachelor’s 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.
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-year-
olds 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.
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
Master’s 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.
s,
s,
s,
s,
7. page 7
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 Bachelor’s
degree or higher. Greater Baltimore is significantly more
dense with highly educated residents than the national
average and the average US metro area.
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 Baltimore’s 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
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 Fiske’s 2016 Guide to Colleges. Seven Greater
Baltimore colleges and universities were named to the
Princeton Review’s list of The Best 380 Colleges.
US News and World Report
Undergraduate Education Rankings
2016
National Universities
10 Johns Hopkins University
156 University of Maryland, Baltimore County
National Liberal Arts Colleges
9 US Naval Academy
55 St. John’s College
112 Goucher College
Most Innovative Schools
4 University of Maryland, Baltimore County
6 Goucher College
Regional Universities (North)
3 Loyola University Maryland
43 Towson University
58 Notre Dame of Maryland University
79 Stevenson University
122 University of Baltimore
Public Schools
1 US Naval Academy
12 Towson University
37 University of Baltimore
84 University of Maryland, Baltimore County
8. page 8
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.
Despite the region’s 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 Baltimore’s 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.
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.
9. page 9
The Regional Economy
Employment & Productivity
Greater Baltimore’s 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.
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.
Greater Baltimore was responsible for nearly half of the
State’s 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 region’s 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 Baltimore’s 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.
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
Baltimore’s 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.
10. page 10
Maintaining a growth in the rate at which startups are
formed is critical to the productivity in Greater Baltimore.
The entrepreneurial environment fostered around the
region has helped to generate strong young firms. Fifty-
one companies from Greater Baltimore were listed on
the 2015 Inc. 5000, a comprehensive list of the fastest-
growing private companies in the country. Many of the
region’s fastest growing firms are in high-tech sectors; 15
of the region’s 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.
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.
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 state’s 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.
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.
11. page 11
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.
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
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.
12. page 12
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 Baltimore-
Washington corridor and all US cities have risen nearly
55 percent since 1997, the reference year used for the
Baltimore-Washington region’s CPI calculation. However,
wages in Greater Baltimore have increased faster than
the cost of living in the region, so that residents of the
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
Baltimore’s 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.
13. page 13
Quality of Life
Climate & Amenities
As a historic port city, Greater Baltimore’s economy used
to rely on water access. While the Port of Baltimore
remains a strong economic engine, Greater Baltimore’s
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
region’s residents.
Maryland is home to nearly 9,900 square miles of
federal and state parkland, which covers over 6 percent
of the state’s 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 City’s 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 Baltimore’s 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.
Parkland Density in Maryland Counties
14. page 14
Jobs & Investment
Expansion, Retention, and Relocation
New and Expanding Firms in Greater Baltimore
2014 - First Half 2015
Company County Jobs Expansion or Relocation
Amazon Baltimore City 3,100 New
Exelon Baltimore City 1,500 Consolidation/Expansion
McCormick & Co. Baltimore 900 Retention
Towson Square Baltimore 870 Redevelopment Project
Johnson, Mirmiran & Thompson (JMT) Baltimore 630 Expansion
Coastal Sunbelt Produce Howard 500 Expansion
Kelly & Associates Baltimore 500 Expansion
Reliable Church Hill Baltimore 500 Relocation
IronNet Howard 260 New
Pandora Baltimore City 250 New/Relocation
Social Solutions Baltimore 200 Expansion
Cisco/SOURCEfire Inc. Howard 197 Expansion
Fuchs North America Carroll 160 New/Relocation
BSC America Harford 150 Expansion
Flagger Force Anne Arundel 150 Expansion
Gordon Food Service Inc. Harford 150 New/Relocation
Smith's Detection Harford 141 Expansion
Frito-Lay, Inc. Harford 100 Expansion
Loomis Armored US Baltimore 100 Expansion
Prime AE Baltimore 100 Consolidation/Relocation
Exelon Harford 95 Expansion
Vorbeck Materials Corp. Howard 85 Expansion
Accenture Federal Services Anne Arundel 80 Expansion
Skyline Technologies Anne Arundel 77 Expansion
Carlisle Etcetera LLC Carroll 75 Expansion
Fourth Dimension Engineering Howard 75 Expansion
idX Expanding Howard 75 Expansion
Plan B Technologies Anne Arundel 65 New/Relocation
Power Electronics Inc. Queen Anne's 65 Expansion
BD Diagnostic Baltimore 60 Expansion
IMC Anne Arundel 60 New/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.
15. page 15
Map of development sites
Jobs & Investment
New Development
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
Developer: Beatty Development
2. Canton Crossing
Status: Architecture Review
Capital Investment: $1 billion
Size: 1.1 million square feet office
Type: Office, Residential, Retail, Recreational
Developer: COPT
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.
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
expanded to accomodate rapid growth.
A map of the largest active projects is shown to here, and
each project is listed below with additional details where
available.
ChesapeakeBay
Patapsco River
ANNE
ARUNDEL
BALTIMORE
COUNTY
CALVERT
CAROLINE
CARROLL
CECIL
CHARLES
DORCHESTER
FREDERICK
HARFORD
HOWARD
MONTGOMERY
PRINCE
GEORGE’S
QUEEN
ANNE'S
ST. MARY'S
SOMERSET
TALBOT
BALTIMORE CITY
DISTRICT
OF COLUMBIA
ADAMS CHESTERYORK LANCASTER
FAIRFAX
WESTMORELAND
KING GEORGE
PRINCE
WILLIAM
STAFFORD
LOUDOUN
PENNSYLVANIA
VIRGINIA
KENT5
4
1
3
210
9
6
7
8
18
11
12
13
14
15
16
17
19
20
21
16. page 16
5. Johns Hopkins Skip Viragh Outpatient Cancer Building
Status: In Progress
Capital Investment: $100 million
Size: 184,000 square feet
Type: Medical
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
3. Canton Crossing
Status: Approved
Capital Investment: $60 million
Size: 13-story office tower
Type: Office, Retail
Developer: Merritt Properties LLC
4. Baltimore Crossroads
Status: In Progress
Size: 3 buildings, 89,310 square feet total
Type: Office, Research and Development
Developer: St. John Properties
17. page 17
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
New Development
Business Growth
7. Port 95 Industrial Park
Status: In Progress
Capital Investment: $47.2 million
Size: 2 buildings, 500,000 square feet total
Type: Warehouse
Developer: Chesapeake Real Estate Group
8. Perryman Logistics Center
Status: In Progress
Capital Investment: $40 million
Size: 571,000 square feet
Type: Warehouse
Developer: Chesapeake Real Estate Group
18. page 18
13. Towson Row
Status: In Progress
Capital Investment: $350 million
Size: 1 million square feet total
Type: Office, Residential, Hotel, Retail
Developer: Caves Valley Partners
14. Little Patuxent Square
Status: In Progress
Size: 160 units, 160,000 square feet
Type: Office, Residential
Developer: Costello Construction & CORE Group
New Development
Business Growth
11. Metro Centre
Status: In Progress
Capital Investment: $50 million
Size: 200,000 square feet total
Type: Office, Retail
Developer: David S. Brown Enterprises
12. Principio Business Park
Status: Permitted
Size: 1.2 million square feet
Type: Warehouse
W Old Philadelphia Rd
7
Gonce Rd
Pulaski Highway
BelvidereRd
Perryville
Cold Storage
1 Principio Pkwy
Subject property
1.2 million SF
19. page 19
17. 8115 Maple Lawn Boulevard
Status: In Progress
Size: 138,900 square feet
Type: Office
Developer: Greenbaum Enterprises
18. Eastgate
Status: Seeking Entitlements
Size: 2,275,500 square feet
Type: Warehouse, Industrial
Developer: MRP Industrial
New Development
Business Growth
15. The Metropolitan Downtown Columbia
Status: In Progress
Size: 380 units, 14,000 square feet of retail
Type: Residential, Retail
Developer: Howard Hughes & Kettler
16. Columbia Gateway Business Park
Status: Completed, 2015
Size: 52,000 square feet
Type: Office
Developer: COPT & Manekin LLC
20. page 20
21. Arundel Preserve Town Center
Status: In Permitting
Size: 242 apartments
Type: Residential, Retail
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.
20. National Business Park North
Status: In Progress, Planned
Size: 350,000 square feet total
Type: Office
Developer: COPT
New Development
Business Growth