Metro Centre, a TOD in Owings Mills, on Baltimore’s Metro Line, is being developed by a partnership between the Maryland Transit Administration (MTA), Baltimore County and a private developer. Baltimore County has designated Owings Mills as a growth area and has helped fund a community college and library on the 46-acre site surrounding the station.
MTA leased land to a developer for 99 years and expects additional annual ridership revenue of $3.6 million. In such a partnership, the initial risk and financial investment is reduced and spread among each group, with the expectation that public investment in a major tenant like a college or library will attract additional mixed-use development.
Two five-story buildings house 232 apartments, ground floor retail and restaurant space. The development creates a new “main street” along Grand Central Avenue next to the Owings Mills Metro Station and the new library and community college building.
301 W. Preston Street, Suite 1101, Baltimore, MD 21201
(410) 767-4500 Email Us