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Bank of America continues to add Baltimore County jobs

Bank of America is adding 600 new jobs to its Hunt Valley complex in Baltimore County.

The new jobs will primarily be call center and support positions. Bank of America, according to Baltimore County, intends to employ 1,500 people in Hunt Valley by 2020.

Bank of American added 300 jobs at the site last year.

“Adding 900 new jobs in three years is a big boost for our economy,” Baltimore County Executive Kevin Kamenetz said in a statement. “Bank of America chose to expand in Baltimore County because we provided what the company needed — a talented financial services workforce and responsive local government that expedited approvals to meet the expansion timeline.”

Bank of America currently has two buildings at its complex that total 377,000-square-feet. Those properties were recently improved. Those upgrades include additional space and parking as well updated interiors.  Both the county and the Maryland Department of Commerce touted the location’s access to amenities at the nearby Hunt Valley Towne Center and transportation options via Interstate 83 and the Hunt Valley light rail stop.

According to a report, by MacKenzie Commercial Real Estate Services LLC, on the Baltimore metro area’s office market the I-83 corridor running from north of the city through the county, has among the lowest vacancy rates among suburban office submarkets.  In the final quarter of last year the corridor posted a 9.1 percent direct vacancy rate compared to 10 percent in Columbia, 13.3 percent in Towson and 16 percent in the area around Baltimore Washington International Thurgood Marshall Airport.

“We are pleased to expand our base of operations in Baltimore County and the great state of Maryland, and we are appreciative of our public servants who work tirelessly on behalf of the community we are proud to serve,” Bank of America Greater Maryland Market President Sabina Kelly said in a statement.

In recent years, Baltimore County has attracted several high-profile investments from companies expanding or relocating to the area.

Spice maker McCormick & Company Inc. is relocating and expanding its headquarters in Hunt Valley after considering the idea of moving out of state. Last month Towson-based Stanley Black & Decker announced plans to expand to Greenleigh at Crossroads in White Marsh by adding 92,000 square feet at one of the jurisdiction’s largest mixed-use projects.  Tradepoint Atlantic is in the process of converting a  3,100 acre former steel making site in Sparrows Point into a global multi-modal and logistics hub with tenants including  Fed Ex, Under Armour and Amazon.

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