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Finance Firm Grows in Maryland
Area Development Site and Facility Planning, 2008
GLOBAL INVESTMENT MANAGEMENT firm T. Rowe Price Group, Inc. will expand its existing Owings Mills, Maryland, facility with a two new buildings that will provide approximately 400,000 square feet of office space, plus two parking garages. The company expects to create more than 1,400 new associates positions as a result of the expansion.
The Baltimore Sun reports that the company will invest $185 million in the project, which company officials expect to begin within the next few weeks and complete during the second half of 2009. The company is currendy completing a renovation at its global headquarters in Baltimore, where it employs approximately 1,000 workers.
Copyright Halcyon Business Publications, Inc. 2008
Provided by ProQuest Information and Learning Company. All rights Reserved
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