St. John Properties Breaks Ground on 3 Buildings in MD
- Dec 06, 2018
St. John Properties has broken ground on three buildings totaling nearly 200,000 square feet of space in Frederick, Md. The properties will provide flex/R&D and bulk/warehouse space. Each of the three buildings will be completed in the summer of 2019.
The properties are part of Phase I of the construction of Arcadia Business Park, a 61-acre business park situated at MD Route 85 and Arcadia Drive. Once all phases are complete, the project will house 600,000 square feet of space spread throughout eight buildings.
Two of the buildings will be single-story flex/R&D properties that will consist of 37,080 square feet and 45,120 square feet. The structures will feature 16- to 18-foot clear ceiling heights, dock and drive-in loading and suite sizes starting at 2,520 square feet.
The third building is a bulk/warehouse facility consisting of 112,000 square feet of space. The property will feature 32-foot minimum clear heights, 50 by 52-foot column spaces, abundant glass and skylights and suite sizes beginning at 10,400 square feet of space.
“Arcadia Business Park is in an economically-robust and vibrant region with rapidly-expanding employers, diverse amenities and a range of available housing choices. With this Phase I of development, we intend to contribute significantly to the momentum and business growth in Frederick County,” said Matt Holbrook, regional partner for St. John Properties, in prepared remarks.
In October, St. John Properties completed three new leases totaling more than 35,000 square feet of office space in Baltimore County, Md.
Image courtesy of St. John Properties