CONSTRUCTION TO BEGIN ON PHASE I OF METRO CENTRE

OWINGS MILLS, MD. — Owings Mills Transit has plans to break ground on Phase I of the 1.2 million-square-foot Metro Centre at Owings Mills, a mixed-use development located on 45 acres at the intersection of Interstate 795 and Painters Mill Road in Owings Mills. Owings Mills Transit is developing the project and David S. Brown Enterprises will oversee construction and management. The first phase will include 300,000 square feet of office space, up to 100,000 square feet of retail space and approximately 250 apartment units. Additionally, the 120,000-square-foot Owings Mills Learning Center, which is currently under construction, is included in Phase I. The Baltimore County Public Library has signed a lease for 40,000 square feet of the space and the Community College of Baltimore County has leased the remaining 80,000 square feet. Completion for the first phase is slated for the spring of 2013. The State of Maryland and Baltimore County have currently invested more than $57 million in Metro Centre at Owings Mills.