A 42,000-square-foot business incubator for small engineering and light manufacturing companies is set to open in March at 1414 Key Highway.
This morning state and city officials briefed public and private business consultants on the plan for the center that will be located in the former Mangels-Herold building.
The center will accommodate about 18 new businesses. The three-story building includes 14,000 square feet of office, research and development space and 14,000 square feet of manufacturing space.
Two tenants have signed leases for the project and negotiations are under way with several others, said George Van Buskirk, director of the Office of Enterprise Development with the Baltimore Economic Development Corp.
Buskirk said the South Harbor Business Incubator will serve businesses that currently are not served by the few incubators in the area. South Harbor is targeted to engineering-related industries.
The incubator offers clients a number of services included telephone answering, secretarial support, photocopier and facsimile machines, a reception area and conference rooms, kitchen and lunch room and library information center.