Sunday, July 21, 2024 | Baltimore, MD

Towson University pays $8.6M for historic Maryland National Guard armory

March 7, 2023

The historic Towson armory has a new owner. Towson University has acquired the landmark at the corner of Chesapeake and Washington avenues for $8.6 million. The deal capped a three-year effort to turn the once-vacant Maryland National Guard armory into new incubator space for the fast-growing university that also owns 401 Washington Ave., a former office tower, next door. For the past three years, Towson University and partner Greenberg Gibbons have worked to convert the 26,000-square-foot armory into a job growth center called StarTUp at the Armory with space for a public business incubator. 

Article Source: Baltimore Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.