Tradepoint Atlantic CEO retires
Tradepoint Atlantic CEO Michael Moore has retired, the company announced Monday morning. Moore is departing to handle “important family matters,” the company said. Tradepoint Chairman Michael Mullen will serve as the company’s interim CEO. Tradepoint is transforming a 3,100-acre site at Sparrows Point from steelmaking to a multi-modal hub. “When I first came out of […]
Maryland ascends rankings, drawing new business, jobs
Like any player, Maryland has had some wins and losses on the business and economic fronts. But things have been looking up for the state, long ranked at, or among, the top for household income and education of its workforce. Maryland gained 34,700 jobs over the last year and the state’s unemployment rate of 4.2 […]
Tradepoint Atlantic CEO: Manufacturer interested in 150 acres
Tradepoint Atlantic CEO Michael Moore said his company, which is overhauling 3,100 acres of what was a steelmaking site in eastern Baltimore County, is in early talks for a light-to-medium manufacturer to move to the site. Moore’s did not go into specifics about the potential manufacturer during his comments on Wednesday morning at a Greater […]
Report: Tradepoint Atlantic to provide $2.9B economic impact
(Photos by Maximilian Franz / The Daily Record) The 3,100-acre multimodal industrial site Tradepoint Atlantic could mean as much as $2.9 billion in regional economic impact, according to a new report. Sage Policy Group’s analysis of the multimodal industrial hub in eastern Baltimore County found the project is expected to create 17,000 direct and indirect […]
Atlantic Forest Products signs Tradepoint Atlantic lease
Tradepoint Atlantic in Sparrows Point has signed a deal bringing Atlantic Forest Products to the massive multimodal logistics and distribution hub. Atlantic Forest Products will lease two storage buildings that total 160,000 square feet on 16 acres that will be used for staging products, according to a news release from Baltimore County Executive Kevin Kamenetz’s […]
Under Armour opening distribution facility in Sparrows Point
Under Armour is opening a 1.3 million-square-foot distribution and warehouse facility at Sparrows Point. An addition to the Tradepoint Atlantic redevelopment project, the facility will be the Baltimore sportswear maker’s second distribution center in the region and fourth in the United States, the company announced Tuesday. Eyeing an opening date in summer 2018, the company said […]
Roughly 85 retailers interested in former Bethlehem Steel site
JLL is in conversations with roughly 85 retailers interested in leasing space as part of Tradepoint Atlantic’s transformation of the former Bethlehem Steel site at Sparrows Point. Greg Ferrante, senior vice president of JLL, which handles leasing for the 3,100-acre property, couldn’t discuss specific retailers, but a grocery store is expected to be part of […]
New automotive terminal opening at Sparrows Point
Pasha Automotive Services is leasing 21 acres and will operate an auto terminal at Tradepoint Atlantic at Sparrows Point. The operation will create between 40 and 50 jobs at first. Pasha, a global logistics and transportation company, has the ability to expand to 150 acres at the terminal on the 3,100-acre site. “I think it’s […]
Kamenetz urges federal funds for Howard Street Tunnel
Baltimore County Executive Kevin Kamenetz is supporting the state’s pursuit of federal funds to improve a tunnel in the city that would benefit the redevelopment of Sparrows Point peninsula. Kamenetz sent a letter to U.S. Department of Transportation Secretary Anthony Foxx backing the Maryland Department of Transportation’s application for $160 million in FASTLANE funds for […]
Harley-Davidson coming to Tradepoint Atlantic in Baltimore County
Sparrows Point has added some horsepower. Harley-Davidson of Baltimore has agreed to a long-term lease to locate its riding academy at the Tradepoint Atlantic global logistics center at Sparrows Point. The new facility is expected to be open in May. “Harley-Davidson of Baltimore is excited to be a part of the change and development of […]