The Arlington-based Mills Corp. announced yesterday that it plans to open its more than 200-store Arundel Mills mall by the fall of 2000 near Baltimore-Washington International Airport.
County Executive Janet S. Owens will follow through with a commitment made by former County Executive John G. Gary and borrow $28 million this year, starting July 1, to build roads and sewers for the development, said Ron McGuirk, co-leader of Owens' transition team.
McGuirk said an analysis of the arrangement shows it is a good deal for the county because the mall will generate millions in tax revenue. The $28 million will be paid back through a special tax district created for the mall, McGuirk said.