Maryland
Tradepoint Atlantic, Maryland: Logistics Simplified: Putting Industry into Motion on the East Coast
et’s say you’re a producing, marine logistics or e-commerce firm in search of an East Coast location with onsite entry to Interstates, proximity to a serious seaport with deep-water berths, rail service and a close-by worldwide airport. Your guidelines additionally features a Overseas Commerce Zone, a marine terminal, a deep labor pool and a wholesome menu of incentives. Your web site search will possible deliver you to Tradepoint Atlantic, a 3,300-acre industrial heart in Baltimore County, Maryland, on the positioning of the previous Sparrows Level Metal Mill as soon as operated by Bethlehem Metal.
That’s the place — for a similar causes — BMW, Amazon, Ground & Decor, McCormick and greater than 30 different firms have established operations lately, including greater than 12,000 jobs to the native economic system.
One latest investor is bringing metal fabrication again to Sparrows Level — and considerably boosting Maryland’s offshore wind business on the identical time. In August 2021, US Wind introduced the 22-turbine MarWin mission, its first main offshore wind mission, and a port facility settlement with Tradepoint Atlantic to develop 90 waterfront acres into a brand new offshore wind deployment hub. The corporate will initially make investments $77 million and has enlargement plans for growth of as much as a further 1,200 MW of offshore wind power. This mission, referred to as Momentum Wind, will embrace a brand new metal fabrication facility at Tradepoint Atlantic and as much as 82 extra generators.
‘A Distinctive Waterfront Asset’
“We’ve got lengthy been evaluating port choices on the East Coast of the US for our offshore wind-related actions and are accustomed to a lot of the main ports,” says Jeff Grybowski, US Wind CEO. “We’ve identified about Tradepoint Atlantic for numerous years, and we decided that for our functions, that is the perfect port facility on the East Coast. It’s distinctive in that it’s a spacious industrial web site on the waterfront. The quantity of room that was accessible to us was fairly necessary, as a result of our actions are substantial in nature. That was the important thing driving issue.
Arnold Packaging consolidated operations at Tradepoint Atlantic in January 2022.
Picture courtesy of Arnold Packaging
“Industrial infrastructure can be crucial to us — the waterfront infrastructure in addition to rail and proximity to main highways on the East Coast,” provides Grybowski. “It’s a facility the place substantial funding has beforehand been carried out to handle a number of the vital growth considerations {that a} leaseholder might need, together with a substantial amount of environmental work. This made our assessment of the positioning comparatively simple.”
Groundbreaking for the metal fabrication facility for establishing monopiles is scheduled for early 2023. When operational, metal plate will likely be rolled into tubular buildings used as the muse for the offshore generators. Grybowski says metal fabrication on the web site could sooner or later broaden past monopile manufacturing, however primarily for offshore wind purposes. In the meantime, he says, Tradepoint Atlantic is “a novel waterfront asset on the East Coast.”
Arnold Packaging commenced operations at a brand new, 91,200-sq.-ft. facility at Tradepoint Atlantic in January to accommodate the necessity for elevated capability. The container maker has doubled its enterprise previously 5 years and required more room to satisfy demand. Consolidating firm divisions into one web site was a precedence, as was discovering a location that may retain staff. Appropriate area in Baltimore was scarce, says firm president Mick Arnold, however not at Tradepoint Atlantic, the place a build-to-suit facility checked all of the containers.
“Because the lease in our prior location was coming to an finish, we checked out many websites, primarily within the metropolis of Baltimore,” Arnold relates. “Pre-pandemic, it was a really tight market with excessive occupancy ranges. We would have liked greater ceiling heights for our distribution enterprise and manufacturing area with higher stream and extra storage. Additionally, a variety of the Baltimore stock was older with decrease ceilings, and Amazon had taken over a variety of the newly flipped buildings.”
Tradepoint Atlantic provides the corporate room to broaden, proximity to the Port of Baltimore, logistical assist and entry to 33% of the U.S. inhabitants in a one-day drive. The placement additionally paves the best way for brand spanking new collaborations with different tenants, resembling Beneath Armour, Amazon, Volkswagen and The House Depot.
“A part of our resolution to maneuver right here to the biggest piece of commercial land in North America was strategically to be the packaging firm on this web site,” Arnold explains. “United Security Know-how goes to construct a glove manufacturing plant right here, and we’re engaged with them. Slowly however absolutely, we’re beginning to interact our neighbors and convert them into clients. This location has completely given us a bonus.”
This Funding Profile is ready beneath the auspices of Tradepoint Atlantic. For extra info, go to www.tradepointatlantic.com