138 UNDEVELOPED ACRES UP FOR GRABS

. . . and did we mention the site is in the City of Aberdeen, by-right zoned for a smattering of commercial uses, and just one traffic light from I-95 (and the home town of Cal Ripken Jr.)? Investors will be dreaming of big-box stores, high-density residential, and Class-A office for the area's intellectual workforce.
Yesterday, MacKenzie Commercial Real Estate principal Tom Fidler (who's marketing it with Joe Bradley) told us the city created the Integrated Business District zoning for the area around Cal Ripken Stadium and HEAT Center. It's been tied up in years of planning for a Presbyterian Home of Maryland continuing care retirement community (now looking for Harford County space beyond city limits). Targeted development includes three big-box retailers, 100k to 200k of commercial use, and the rest residential. The search for a buyer starts with institutional investors. 12 to 18 months of design and entitlement work mean the best hope to lay some bricks would be fall 2013.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Baltimore Newsletters
Related Stories

Google Delays Thompson Center Opening To 2028, Releases New Renderings

Where Capital Meets Opportunity: Navigating The Next Wave Of CRE Financing At Bisnow’s Event On Sept. 30

Discussing Strategic Capital Stack Structuring At Bisnow's Sept. 30 National Finance Event

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

DivcoWest Sells Glendale Office Building For $70M

Bally's Lines Up $560M Loan For Bronx Casino: The N.Y. Deal Sheet

Data Center Spills 5,000 Gallons Of Fuel Into New Jersey River

Historic Brooklyn Hotel To Be Turned Into Ritz-Carlton-Branded Condos

Hines And Rialto Close Office Credit Fund At $1.1B

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Bucks County Mall Closing As Owners Prepare Redevelopment Plans

Sales Of Lower-End Apartments Surge In Philly As Landlords Face Financial Issues