Three companies to join Howard County business community

Through a joint venture between Baltimore-area real estate firms Greenebaum Enterprises Inc. and St. John Properties Inc., two educational institutions and a medical center will be joining Montpelier Research Park in Laurel, occupying a 12.5-acre section of the business community.

The three leases signed by Greenebaum and St. John Properties will give The Goddard School, Chelsea School and Howard County Gastrointestinal Diagnostic Center a combined more than 56,000 square feet of space at Montpelier Research Park. The property that the three tenants will occupy was acquired by a partnership between St. John Properties and Greenebaum in 2024, a release says. 

As the new Goddard School opens its second location at the research park, Chelsea school is relocating its campus from Hyattsville. Similarly, Howard County Gastrointestinal Diagnostic Center is relocating from nearby Columbia.

 According to Chelsea School Executive Director Frank Mills, the new Howard County location and its immediate surroundings are conducive to a quality learning environment. The building’s size will enable the school to expand its student population from 70 to roughly 100, he said.

“We absolutely love the green space which will allow students and faculty to enjoy the serene setting and possibly conduct some classroom work outdoors,” Mills said in a release. “The business community’s setting will also enable us to expand our radius farther north and serve students and families from the Columbia and Baltimore areas.”

The transaction includes a 13,510-square-foot lease with The Goddard School; a 10,078-square-foot lease with Howard County Gastrointestinal Diagnostic Center; and a full-building 32,488-square-foot lease at for Chelsea School, which is expected to open in time for the 2026-2027 school year, according to a release.

Established in the 1980s, The Goddard School aims to support children’s social, emotional and academic development while fostering skills needed for long-term success, personally and academically. The school’s inquiry-based education program, Wonder of Learning, seeks to encourage children to “explore their curiosities and interests as they discover the joy of learning.” 

The institution serves nearly 100,000 students from 6 weeks to 6 years old in 37 states and Washington, D.C.

Howard County Gastrointestinal Diagnostic Center expects to be settled in its new location at Montpelier Research Park in late 2027, according to a release. The endoscopy center specializes in a range of gastrointestinal procedures. 

Montpelier Research Park, a 605-acre mixed-use community, features more than 1,300 homes, 1.8 million square feet of office and flex/research and development space, and 215,000 square feet of supporting retail amenities.