The final stage of the development of the Snowden Square retail center in east Columbia is under way, as construction has begun for a credit union, a men's clothing store and a third tenant.
Phase III of Snowden Square -- Columbia's first giant warehouse-style retail complex -- began June 17 with ground-breaking for a 15,000 square-foot building on the center's remaining 2.2 acres. Construction is scheduled to be completed in the fall.
Snowden Square's new tenants will be Tower Federal Credit Union, the state's largest credit union, which will occupy 4,000 square feet; a Men's Warehouse store, that will occupy 5,000 square feet; and a third, unnamed tenant that will occupy 6,000 square feet.
"We are enthusiastic about the opportunity to develop the last remaining parcel at Snowden Square and also about adding some smaller stores to the retail mix," said Cole Schnorf senior vice president and development at Manekin Corp., the real estate firm acting as the project's developer and general contractor.
Manekin bought the 2.2 acres of land from Discovery Zone about two weeks ago after that company went bankrupt, Schnorf said. It will not be opening a facility in Snowden Square.
The credit union, based in Laurel, will have a 15-year lease; the clothing store will have a 10-year lease. The third tenant, which has signed a letter of intent, also will have a 10-year lease.
Located off Snowden River Parkway between Route 175 and Broken Land Parkway, the 450,000-square-foot retail center opened in 1993 and features a Borders Books & Music, Pet Smart and Hechinger's. The first two phases of the center were completed between 1993 and 1995.
This summer, construction also is expected to begin on a 35,000-square-foot United Artists Theater at Snowden Square, slated to open next spring. The theater will feature 10 auditoriums and 2,400 seats.
Snowden Square's growth is just a portion of the retailing boom in east Columbia.
In the fall, Columbia Crossing, a 440,000-square-feet retail hub, will open less than a mile away along Route 175 between the Snowden River Parkway and Dobbin Road intersections. The $45 million center will be anchored by a Target discount store and a Dick's Clothing & Sporting Goods.
Pub Date: 6/25/96