MRP Industrial, Hillwood Development Plan 3.7 MSF Bainbridge Logistics Center in Port Deposit, Maryland
PORT DEPOSIT, MD. — A joint venture between MRP Industrial and Hillwood Development Co. has announced plans for Bainbridge Logistics Center, a 3.7 million-square-foot industrial development in the town of Port Deposit, located in Maryland’s Eastern Shore region.
Bainbridge Naval Training Center formerly occupied the 440-acre site, which is located three miles from Interstate 95, approximately 42 miles from Baltimore and 40 miles from Wilmington, Delaware. The project’s first phase of development will include two single-story, speculative, Class A warehouse and logistics buildings totaling 1 million square feet and 605,280 square feet, respectively.
The developers are seeking LEED certification for both buildings, which will include LED lighting and white reflective roofs, among other energy-saving design features. Both assets will offer deep truck courts to support the movement of large tractor trailers; parking fields for both employees and visitors; and large floor plates to accommodate a range of uses, including light manufacturing, warehouse, logistics and last-mile operations.
The development will also feature $30 million worth of infrastructure improvements, including expansion of both water and sanitary services to support the logistics center and the surrounding community; the construction of three miles of public roads to connect the park to three highways; and the dedication of 96 acres into a permanent forest conservation easement.
The project’s second phase of construction will include the development of two additional logistics buildings, details of which were undisclosed.
Phase I of development is scheduled for delivery during the first quarter of 2023. At full build-out, the project is expected to add upwards of 2,000 news jobs to the community.
“The mission of our state government continues to be keeping Maryland open for business. Today represents the culmination of decades of effort to do just that as we officially kick off the redevelopment of more than 400 acres of land in this key location along the I-95 corridor,” says Maryland Governor Larry Hogan. “There is a major distribution and logistics market in this region. The development of Bainbridge will be a tremendous asset and help us continue to meet the need for more and more companies seeking to do business in our state.”
The Bainbridge Logistics Center development team includes civil engineers Bohler Engineering and G.W Stephens & Associates, architect MacGregor Associates, general contractor The Conlan Company and site contractor DXI Construction. Bill Pellington and Toby Mink of CBRE have been tapped to lease the buildings upon completion.
Baltimore-based MRP Industrial is a commercial real estate development and investment group. The firm has developed 45 buildings comprising 20 million square feet of space, and boasts a current development pipeline of 1,100 acres.
Dallas-based Hillwood Development Co. has developed or acquired 210 million square feet of industrial and logistics properties across the U.S., U.K., Canada and Europe since its inception in 1988.