A couple of interesting trends have been brewing lately that bode well for the UnWiring of Baltimore. The growth of biotech firms is one. Baltimore is finally seeing some growth in this area. We have always had strong medical research institutions such as Johns Hopkins, University of Maryland, and a couple of NIH branches. Now this intellectual capital is being leveraged for private investment. Biotech office parks have popped up next to Maryland and Hopkins. Vaccinogen is a small biotech company that is relocating from Frederick. From an article at the Baltimore Sun...
Company leaders were looking to be closer to other biotechnology companies, research universities and Baltimore-Washington International Thurgood Marshall Airport, CEO Andrew Tussing said.
"This places us in an ideal location to attract additional top scientific talent and business leaders to the company as we move forward."I guess Mr. Tussing hasn't seen The Wire.
Firms choosing relocation into the Baltimore City limits is turning the tide ever so slightly of the rush to the suburbs and exurbs of the last few decades. This is a national trend that Charm City is thankfully partaking. Here is a sample....
- Insurer, beauty products maker plan to relocate headquarters to Baltimore
- Pandora Jewelry is moving to Baltimore and the president thinks your company should too
- Anne Arundel law firm moves to city
McCormick and Co....are you listening???
Hopefully a more robust retail scene follows.
