Oakland Mills plan takes shape

Old Exxon site will be used for offices, retail

December 13, 2006|By Tyrone Richardson | Tyrone Richardson,Sun reporter

Construction of a four-story, mixed-use building on the former Exxon property in the Oakland Mills Village Center is expected to be completed by summer 2008, officials for the development firm announced this week.

Metroventures/USA Inc., a Baltimore-based development firm, is behind the $10 million, 50,000-square-foot office and retail space complex.

The announcement comes after years of uncertainty about the future of the 1.7-acre lot, in the 5800 block of Stevens Forest Road, which has been vacant since the gas station closed in 1999.

In 2004, plans to develop a 96-unit senior housing complex ended when Exxon refused to sell the property.

Village officials have said development of the former Exxon property is an important part in the revitalization plans for the once struggling village center.

"We believe that due to the strategic location, there is exciting potential in the future of Oakland Mills and we are committed to playing a significant role by restoring this vacant site to productive use," Metroventures Vice President Suzanne Graham said in a statement.

Graham said "preliminary" plans call for four first-floor retail spaces and 19 offices on the remaining levels.

Graham said Metroventures, which is based on North Charles Street in Baltimore, may move its headquarters to Oakland Mills.

"That is a thought, and it depends on our timing," Graham said. "We are thinking about it."

The construction plans come on the heels of the recent announcement that the former M&T Bank in the village center will be transformed into a coffee and doughnut shop in coming months.


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