Open house tonight at Spar­rows Point site

Baltimore Sun - - MARYLAND -

Trade­point At­lantic, the com­pany re­de­vel­op­ing the for­mer Spar­rows Point steel mill site, will host an open house tonight. Econ­o­mist Anir­ban Basu of Sage Pol­icy Group will present an eco­nomic im­pact anal­y­sis of the pro­posed de­vel­op­ment. Trade­point At­lantic bought the closed steel mill in 2014 with plans to re­de­velop it into an in­dus­trial cam­pus with port, rail, lo­gis­tics and light man­u­fac­tur­ing uses. The com­pany also in­tends to build a com­mer­cial cen­ter with a ho­tel, gro­cery store and other shops to serve work­ers as well as lo­cal res­i­dents. Trade­point At­lantic, for­merly known as Spar­rows Point Ter­mi­nal, is a joint ven­ture of lo­cal firm Red­wood Cap­i­tal In­vest­ments and the Chicago-based liq­ui­da­tion and re­de­vel­op­ment firm Hilco. The open house is 6 p.m. un­til 8 p.m. at 1600 Spar­rows Point Blvd.

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