Enterprise zones added in city, 3 counties Locust Point, Wheaton, Dorchester, Prince George's are sites announced

Md. economy

October 31, 1998|By Lorraine Mirabella | Lorraine Mirabella,SUN STAFF

Hoping to spur job creation and economic growth in targeted revitalization areas, the state is expanding or adding enterprise zones in Baltimore and three counties, Gov. Parris N. Glendening announced yesterday.

Newly designated zones, where businesses can relocate or create new jobs to get tax breaks, include 600 acres in Locust Point, Wheaton's central business district, 342 acres in Cambridge in Dorchester County and four towns in Prince George's County.

The state uses the enterprise zone program, created in 1982, to foster economic development in urban and suburban areas by luring new business and prompting established businesses to create jobs or make improvements.

Maryland has 35 zones, with about four new areas approved by the state Department of Business and Economic Development in each of two cycles a year, said Andrew Spitzler, a department spokesman. Businesses in the zones can get credit on their real estate and income taxes.

Areas announced yesterday are:

Baltimore's Port Covington/Westport Enterprise Zone, a 1,200-acre area that will be expanded by 600 acres in Locust Point and in surrounding industrial and commercial areas.

Wheaton's business district, which will become Montgomery County's second enterprise zone. The county's first zone, downtown Silver Spring, is credited with helping to attract Discovery Communications and 1,000 jobs.

Dorchester County's City of Cambridge Enterprise Zone, a 700-acre zone being expanded by 342 acres to include a state hospital proposed as the site of a Hyatt hotel and golf course.

Prince George's County's Port Towns community, a new designation that includes the towns of Bladensburg, Edmonston, Colmar Manor and Cottage City, along the Route 450 corridor.

Pub Date: 10/31/98

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