BALTIMORE--(BUSINESS WIRE)--Tradepoint Atlantic, a 3,100-acre multimodal industrial site in Baltimore, Maryland, that features a unique combination of access to deepwater berths, railroads and highways, today announced its development of a 130-acre mixed-use retail park.
The Shoppes at Tradepoint Atlantic will feature a unique combination of retail, food, entertainment, and possibly hotels, on the largest privately-owned business and multi-modal industrial tract on the eastern seaboard.
Retail tenants will be able to take advantage of over 3,000 feet of frontage on I-695, ease of accessibility to the site, proximity to BWI, and exposure to over 43,000 households in the immediate area.
Included in the proposed development are:
- Two potential hotel sites
- Seven free-standing retail pads with one designated site for a gas station/convenience store
- 150,000-square-feet of additional proposed retail space featuring 14- to 16-foot clear heights, exposed brick, modern storefronts, and designated green space for customers
“Tradepoint Atlantic continues to welcome world-class tenants to its site from within the retail space, as well as those from the industrial, manufacturing, commercial, and office sectors,” said Eric Gilbert, Executive Vice President of Tradepoint Atlantic. “Today’s announcement—which brings amenities for our tenants’ employees—will further our ability to reinvigorate the region with thousands of jobs in coming years.”
To date, FedEx has signed a lease for a 300,000-square-foot distribution facility and Harley-Davidson of Baltimore is relocating a training center to several acres in the industrial park at Tradepoint Atlantic. Pasha Automotive Services also recently announced plans for an automobile processing terminal. Potential tenants of the retail development such as fast-food restaurants, a gym, drug store, gas and convenience stores, and a 50,000-square foot grocery store are targeted for the site, providing jobs and a wide range of shopping options for customers.
According to Greg Ferrante, Senior Vice President of JLL, who has been retained for retail leasing of the property, JLL research shows that $68 million leaves the Dundalk area each year because of a lack of retail options. “This new development will revitalize this area so residents can shop near home and enjoy a first-rate buying experience without a long commute,” said Ferrante.
About Tradepoint Atlantic
Tradepoint Atlantic is the developer, manager and owner of the former Bethlehem Steel Mill, a 3,100-acre industrial site in Baltimore, Maryland that offers a gateway to markets around the United States and the world, featuring a unique combination of access to deep water berths, rails and highways. Ground-breaking agreements signed with federal and state environmental regulators in 2014 to remediate the legacy from a century of steel-making enable the redevelopment of the site with the potential to become one of North America’s most strategic multi-modal, multi-commodity terminals. For more information visit: www.tradepointatlantic.com.