Tradepoint Atlantic, the development entity behind the substantial ongoing overhaul of Sparrows Point in Southeast Baltimore County, has purchased the last remaining parcel on the peninsula: a shipyard once owned by the late, great Bethlehem Steel.
The company announced the acquisition this morning. The 150-acre piece of land gives Tradepoint Atlantic full control of Sparrows Point, with 3,250 acres in all.
“Today, we take another step forward in fulfilling the potential envisioned for this iconic site by incorporating the Sparrows Point Shipyard into our master plan,” said Kerry Doyle, Tradepoint Atlantic’s chief commercial officer, in a statement. “This enables us to move forward with the next phase of our project–modernizing infrastructure and enhancing connectivity throughout the industrial complex to attract additional world-class tenants that will create jobs.”
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