Development Spotlight

July 31, 2005

Preston Gateway Corporate Park

Location: off Dorsey Road in Hanover, about one mile north of Arundel Mills

Developer: Preston Partners Inc., a commercial real estate and development firm based in Lutherville

Description: Four industrial buildings totaling 1.1 million square feet, for high-density employment and heavy distribution

Status: Phase I of the four-phase project will open in October, with about 585,000 square feet of office space over two buildings. The site for Phase II, a 176,000-square-foot building, is being graded; construction is to begin in fall and will be completed in spring. The timetable for Phase III, a 320,000- square-foot complex, has not been determined.

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