Baltimore Grows

An article last week in the Baltimore Business Journal said that performance apparel maker Under Armour had signed a deal to not only stay at Tide Point through 2012, but also to expand their current space.  This is a great sign for the waterfront Tide Point complex, and Baltimore business in general.  It would not have been surprising to see Under Armour pack up and move out of the city to expand in a cheaper area.  They currently employ 610 at their headquarters.  I’m not sure how they plan to expand at Tide Point - because the 400,000 square foot complex already seems to be 100% rented.

One thing that may have helped make Under Armour’s decision easier, is the soon to be completed, and long overdue, access “loop” road.  The road will connect Tide Point directly to Key Highway.  This puts employees 2 minutes away from 95 and allows them to avoid the bottlenecks that currently occur in Locust Point.