Friday, September 22, 2017

FedEx cuts ribbon at Tradepoint Atlantic

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FedEx cuts ribbon at Tradepoint Atlantic Tradepoint Atlantic

Tradepoint Atlantic, the multimodal logistics center near Baltimore, announced the completion of FedEx Ground’s new distribution facility at Sparrows Point.

The ribbon-cutting was attended by Maryland Gov. Larry Hogan, Baltimore County Executive Kevin Kamenetz and representatives of FedEx Ground, the small-package delivery unit of FedEx Corp.

“In January of last year, I was pleased to help announce that FedEx would become the very first company to locate here at the newly rebranded Tradepoint Atlantic,” said Hogan. “It was the first step in the exciting, transformative vision for this site, which holds such an important place in the history of our state and its economy. Today, we are seeing that vision take shape as we celebrate the official opening of FedEx Ground’s new state-of-the-art distribution facility.”

Rail-served Sparrows Point, the 3,100-acre redeveloped site of a defunct steel mill, connects existing FedEx Ground stations located in White Marsh and Halethorpe, and will support 275 full- and part-time jobs as well as 150 contracted service providers. FedEx will occupy 50 acres in the northwest portion of the site close to Interstate 695.

Norfolk Southern and CSX have direct connections to the complex, which operates the Tradepoint Atlantic Railroad.

“FedEx Ground was in many ways the ideal first tenant, as the prominence of its global brand helped prove the concept to the wider marketplace of Tradepoint Atlantic as a 21st century hub for global logistics and commerce,” said Tradepoint Atlantic Chief Development Officer Eric Gilbert. He added that the support of local governments is sure to attract more businesses.

JLL, a professional services and investment management firm, is the exclusive real estate broker for Tradepoint Atlantic.

 

 

 

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