Hundreds Of New Jobs Coming To Howard County With Business Development

HOWARD COUNTY, MD — At least 500 new jobs will be created in Howard County with the establishment of a new location by Tradepoint Atlantic along Route 1 in Savage, officials announced Tuesday.

This is the company’s first expansion beyond its flagship campus in Baltimore County. Tradepoint will invest millions to revitalize the existing commercial property at 9299 Washington Boulevard in Savage, company leaders said at a news conference.

Tradepoint Atlantic, a company known for the multi-billion-dollar redevelopment of the former Bethlehem Steel site at Sparrows Point, will soon expand its international logistics operations to Howard County. Tradepoint will invest upwards of $100 million to create an inland office industrial park to be named Tradepoint at Savage Crossing. Tradepoint Atlantic at Savage Crossing is expected to generate an estimated 500 new family-supporting supply chain and logistics jobs in Howard County. The project should be completed in about three years.

“A company like Tradepoint Atlantic could have chosen any variety of jurisdictions to site its first expansion, but Howard County’s strategic location and business friendly approach made this an ideal partnership,” Howard County Executive Calvin Ball said at the news conference. “We are excited for this locally grown powerhouse of a company to bring needed investment and revitalization to this stretch of the Route 1 corridor.”

The development will include 500,000 square feet of Class A flex warehousing and industrial facilities across three buildings, creating new opportunities for shipping, storage and local manufacturing.

“Tradepoint at Savage Crossing presents a great opportunity to leverage our industrial development platform and expand our footprint of logistics focused assets in key supply constrained submarkets,” said Marc Salotti, Tradepoint Atlantic’s managing director. “The Route One corridor is ideally positioned for re-investment and growth in our sector, which promises to bring new jobs and substantial investment as Howard County continues to strengthen and diversify its economy.”

The Route One corridor sits inside the Eastern Howard County Enterprise Zone, an incentive program for businesses along Route 1 and in Columbia Gateway that offers tax credits to businesses looking to reinvest in their properties and tax benefits to those looking to grow their employment base. One of just 36 such areas statewide in 20 jurisdictions, Howard County’s new Enterprise Zone encompasses 2,337 total acres of commercial and industrial properties along the Route 1 corridor roughly bounded by I-95 to the west, the Anne Arundel County line to the east, MD 100 to the north and MD 175 to the south.

“As Howard County continues to grow, maintaining a strong and diverse business mix is essential to our long-term economic success,” added Kristi Simon, president and CEO, Howard County Chamber of Commerce. “We’re thrilled to see a major investment like Tradepoint at Savage Crossing choosing to bring new jobs and opportunity to the Route 1 corridor.”