St. John Properties Reveals Plans for Glen Burnie Crossing, New 30-Acre Mixed-Use Business Park with Automotive Focus
BALTIMORE, MD (January 8, 2009) – St. John Properties, Inc. has revealed plans for the company’s latest project in Anne Arundel County, a 150,000 square foot mixed-use business community positioned near the intersection of Dover Road and Gov. Ritchie Highway. Groundbreaking for the initial three buildings of Glen Burnie Crossing is expected to occur this spring, with construction on the remaining two buildings timed with leasing velocity at the park.
The regional commercial real estate company intends to target automotive uses for Glen Burnie Crossing, including companies that offer repair services, painting or detailing and entities that sell parts and systems, such as tires, audio equipment and anti-theft devices. A section of the business community will also be reserved for a retail component to service Glen Burnie area businesses and employees.
St. John Properties intends to initially construct three buildings totaling approximately 100,000 square feet of space that is expected to be delivered by the third quarter of 2009. The remaining two buildings, consisting of 50,000 square feet of space, will be started after a substantial portion of leasing is completed.
“Our research shows that there is an untapped demand of automotive uses in the Glen Burnie area that could be benefited by a business community that specifically services this industry,” explained Jerry Wit, Senior Vice President, Marketing and Leasing for St. John Properties. “Coupling these uses together will appeal to like-minded businesses – helping to attract additional customers – and providing local consumers with a one-stop automotive services community. The project will also appeal to a variety of other industries that are looking for a strategic business location in central Anne Arundel County,” he added.
The initial three buildings will feature retail storefronts, 16 foot clear ceilings, and the ability to drive through the building. Bay sizes start at 2520 square feet of space. Free parking is available on the surface lots adjacent to the buildings and special characteristics can also be incorporated into the project that services the unique needs of the automotive industry, such as reinforced concrete flooring.
“We intend to fill the retail space with attractive uses, including fast-casual restaurants and consumer services, that will also drive destination customers to Glen Burnie Crossing. This sub-market is healthy and growing and we are talking with a number of potential tenants to kick-start our leasing,” Wit added.
St. John Properties, Inc., founded in 1971 as MIE Properties, owns and has developed more than 14 million square feet of R&D/flex, warehouse, office and retail space in Maryland, Colorado, Louisiana, Virginia and Wisconsin. For more information about the company, visit sjp.mu9b0uf9-liquidwebsites.com.
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For additional information, Contact:
Al Cunniff, Director of Marketing, St. John Properties Inc.