County and federal officials hope to see it redeveloped into a mixed-use project emphasizing its historic origins. The GSA warehouse is eligible for listing on the National Register of Historic Places and is already on Maryland Historical Trust's Inventory of Historic Properties. Baltimore County has said it would work with developers to get permits, financing, tax incentives, and possibly be included in the North Point Enterprise Zone.
The redevelopment is part of a larger revitalization of East Baltimore County under the Renaissance Redevelopment Pilot Program. An infusion of $800 million of public and private funds has led to infrastructure upgrades, streetscape improvements, new parks, and housing in the surrounding area. "With employment intensive development, the Middle River Station can be truly catalytic and produce significant local and regional economic benefits for the area," says GSA's Public Buildings Service Commissioner David L. Winstead.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
