A recent article describes the transit oriented development market in Maryland, where recession blues have given way to a boom.
Natalie Sherman details the state of transit oriented development in Marlyand: "At the end of last year, there were 10 projects in various stages of development that involved Maryland Department of Transportation stations or property, and six associated with Washington Metropolitan Area Transit Authority."
Among the projects currently in the pipeline:
- A new 700-car parking garage and commuter station in Savage, "the first part of an 18.5-acre development anchored by a MARC rail station," broke ground this week.
- "In March, the state court of appeals cleared the lawsuit blocking development of State Center near a Metro and light rail stop."
- "Construction began in April on a new headquarters for the Department of Housing and Community Development near the New Carrollton Metro."
- "[The] completion of the first private buildings near the Owings Mills Metro" occurred last fall.
- "At the Annapolis Junction Town Center in Savage, developers plan to build more than 400 homes, 100,000 square feet of office space, 17,500 square feet of retail and a 152-room hotel by 2016."
FULL STORY: After delays, transit-oriented development starts to arrive
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Transit Oriented Development Planning Funding Awarded to 20 Agencies
The Maryland Department of Transportation was the big winner in the Federal Transit Administration's Transit-Oriented Development Pilot Planning Program, with $2 million in grant funding.
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