Search
 

Local Family Unveils Baltimore Retail Redevelopment Plans

TOWSON, MD—Groundbreaking on the 16,000-square foot is rescheduled to begin later this year.

By Erika Morphy | erikamorphy | | Updated on February 11, 2016
Rendering of new neighborhood center at 1620 York Rd. Rendering of new neighborhood center at 1620 York Rd.
TOWSON, MD—A local family that owns a 1.3-acre site fronting York Road in Baltimore’s Lutherville-Timonium submarket plans to tear down the existing retail store on the site at 1620 York Rd., Watson’s Garden Center, and build a small neighborhood center in its place. The family formed an LLC, Three W Realty, for the project. Groundbreaking is expected this spring with delivery scheduled for spring of 2017, although it is possible it could deliver this fall, Sierra Mid Atlantic broker Mark Mueller told GlobeSt.com. He, and colleague Margaret Meginniss, are the leasing agents. Retail spaces will range from 1,600 to 8,000 square feet of space and the asking rents are $40 per square foot, triple net. Mueller declined to provide the project’s development costs. He said he and Meginniss are speaking with several retailers and expect that a blend of service retailers and more traditional stores will make up the tenant mix.  “We don’t have the necessary parking ratio to accommodate a restaurant.”  

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.