Merrill Lynch to open office in Westminster Company will occupy renovated building on Main Street

January 19, 1998|By Sheridan Lyons | Sheridan Lyons,SUN STAFF

Merrill Lynch Pierce Fenner & Smith Inc. will open its first offices in Carroll County tomorrow, in the renovated Longwell Building on Westminster's Main Street.

Kevin R. Bell, a Merrill Lynch vice president, said the company planned to move in over the weekend.

The investment company will begin offering its services here with four financial consultants, including Bell, and two administrative assistants but will have room to expand.

"Merrill Lynch does a lot of demographics before they open a new office," Bell said, "so they've already identified Carroll County as a good area."

Bell is a Westminster native. His father was a chief surgeon here.

The property at 77-79 E. Main St. and Longwell Ave. has a 100-year-old building, plus an annex built later. It has had various residential and commercial uses over the years.

The buildings were purchased and renovated by local developer David Max of Max Realty Inc. in Owings Mills, who has restored and developed several Main Street buildings and has more projects under way.

The building is still undergoing renovation, Max said.

In September, the city approved about $20,000 worth of work to give about 2,200 square feet of retail and office space for the investment firm.

Pub Date: 1/19/98

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