BJ's Wholesale Club Expands in Baltimore
BJ’s Wholesale Club is planning to expand into Baltimore. Officials at Chesapeake Real Estate Group, who are partners in the Canton Crossing shops, said the company has an agreement with BJ's to locate on a 6.58-acre site, according to The Baltimore Sun.
The property contains a nearly 122,000-square-foot warehouse and was formerly occupied by a specialty paint company, which announced plans to close last year.
"As developers we eat [and] sleep … looking at properties that can be converted and this is one we've been tracking for a long time," said Doug Schmidt, a principal at Chesapeake.
Neil J. Tucker, a partner at Chesapeake, said, “We think we’ve hit the tipping point where downtown Baltimore is perceived as an excellent place to locate stores.” Baltimore Mayor Stephanie Rawlings-Blake has also recently said that grocers are showing increased interest in the city, according to the Baltimore Business Journal.
With this "increased interest," can we expect further competition or more expansion to come? Stay tuned to AndNowUKnow as we continue following any further developments in this mid-Atlantic city.
