Baltimore Real Estate Investing

Baltimore Real Estate Investing
Baltimore Inner Harbor

Monday, May 25, 2015

JMT to build bigger Hunt Valley HQ



Baltimore County engineering firm Johnson, Mirmiran Thompson said Tuesday it expects to start construction of a new, larger headquarters in Hunt Valley later this year.

The firm, which has about 1,200 employees, has outgrown its existing headquarters at Loveton Circle, where it has been located for 25 years, JMT president Jack Moeller said in a statement. The new building at 40 Wight Avenue would be five stories and have about 130,000 square feet of offices, enough to allow the firm's 600 Baltimore County employees, currently scattered in three different locations, to work in one place.



JMT has expanded significantly in recent years, with four acquisitions in 2014 alone, bringing its workforce up from 950 in March last year. Founded in 1971, the employee-owned company has offices in 10 states and Washington, DC.



JMT is working with developer Greenfield Partners and architecture firm Design Collective on plans for the property, with a move anticipated in early 2017. A spokeswoman for JMT declined to provide an estimate of project cost, saying it has not been set yet.

The announcement follows McCormick Co.'s decision to remain in the county. U.S. Lacrosse also is building a new headquarters nearby, while Kelly Associates Insurance Group is renovating a building for a larger headquarters in Sparks.

nsherman@baltsun.com

Copyright © 2015, The Baltimore Sun

http://www.baltimoresun.com/business/real-estate/bs-bz-jmt-hq-20150512-story.html?track=rss

No comments:

Post a Comment