Baltimore County announced today that “Towson Commons Retail LLC, a local investment group consisting of affiliates of MFI and Woodmont Properties II, LLC, has purchased the retail portion of Towson Commons, adding to the more than $1 billion in recent private investment to downtown Towson. …
“We envision an eclectic mix. A white table cloth restaurant might be next to a local boutique; a place for students to stop, study and change up could be next to a destination national retailer,” said Michael Stoltz, director of leasing for MFI Realty.
No word yet on which businesses or restaurants will locate there. Read more here.
In other Towson news, a developer has agreed to pay more in open-space-waiver fees. That story, by Larry Perl of The Baltimore Sun, is here.
They have to do more to make Towson friendly to pedestrians. That just wasn’t the case with that development when it was originally built. The circle, particularly the north side, is also a huge missed opportunity. And the new theatre, Peri-Peri, Bonefish, etc. area is not the best, hiding behind the B&N building back there. The old parts of Towson are better for walking. (Also, we need a craft brewery in Towson. Who’s working on that?)