Posted April 18, 2017

New investment points to revitalization and opportunity!

The fourth Dundalk Housing Fair and Neighborhood Tours is Saturday, April 22 at the new Dundalk High School, produced by Dundalk Renaissance Corporation.  Exhibitors, workshops, credit-building one-on-one appointments, free Kid Zone and narrated bus tours with homes on the market provide a one-stop-shop for home buyers looking for great housing value.  $5,000 homebuyer grants (not for first-time buyers only) and several lenders with attractive loan products for first-time buyers provide powerful  incentives for those wanting to take advantage of County taxes, reasonable mortgage rates and a bigger bang for their housing buck.

New construction, much of it waterfront, and affordable renovations in all 24 neighborhoods indicate more than just revitalized housing stock. The larger Dundalk story currently unfolding is one of new investment, reinvestment and growth in very recent years. Along Merritt Boulevard, a 2-mile stretch of commercial, retail and restaurants, businesses as diverse as Rite-Aid, Texas Roadhouse, Chili’s, Pet Valu, GNC, Chicken Rico, Jalapenos Market, Sterling Liquor, Pediatric Associates, Smiles R Us, Ulery Dental, Choice One Urgent Care,  and other mid-market businesses and services have looked at positive indicators and have opened new doors. Ryan Homes, CalAtlantic Homes and K. Hovnanian Homes all offer new construction, much of that waterfront and water view, with the most reasonable pricing in the County. Regional Management, Continental Realty Corporation and other large commercial property investors have attracted new tenants, with more to come in the 2017.

Something in the water, along Dundalk’s 43 miles of waterfront? No doubt Tradepoint Atlantic paints a wide swath in this Dundalk picture. As their redevelopment plans unfold to bring back thousands of jobs to 3,100-acre Sparrows Point and generate billions of dollars in economic activity, homeownership and business development right now makes sense. New tenants FedEx Ground, Under Armour, Pasha Automotive, Atlantic Forest Products, Harley-Davidson and others  will open in the next few months and years, and work is now underway with port and rail revitalization.  New jobs are around the corner – beginning July 2017 for FedEx and spring 2018 for Under Armour. The completed development of Tradepoint Atlantic will generate 17,000 jobs.

Employment, ‘live near your work’ options and home ownership are real opportunities right now. Dundalk’s geographic position as a bayside Baltimore County community, with easy access to 695, 95, Baltimore City, and even Annapolis and DC makes general movement to the eastern part of Baltimore County a logical progression.

Information about the April 22 Dundalk Housing Fair and Neighborhood Tours is at UnexpectedDundalk.com, 410.282.0261, or diane@dundalkusa.org. Early registration is encouraged but not required for this free event. See more about the Tradepoint Atlantic story at tradepointatlantic.com for their latest updates.

Dundalk Renaissance Corporation, a community-based community development corporation, was founded in 2001. We envision Dundalk’s future as a sustainable community in which people live, work and thrive. We partner with a wide range of stakeholders to implement programs and seek investments that revitalize Dundalk. For more information about DRC, contact Executive Director Amy Menzer at amy@dundalkusa.org or Marketing Director Diane Lesman at diane@dundalkusa.org.