Baltimore-based developer ARLS Properties on Tuesday started construction of Bel Air Village, a 35-acre mixed-use community in Bel Air, Md.
The retail component will consist of four buildings, ranging from approximately 7,000 to 11,000 square feet, and an additional five pad sites ranging from 1 to 2 acres.
“The Harford County business and residential population continues to grow, and we believe there exists numerous restaurants and retailers that will be attracted to the captured audience of Bel Air Village, as well as the more than 32,000 people which reside within a five-mile radius of the site,” Sean Langford, MacKenzie’s vice president, said in a prepared statement.
Bel Air Village will be built on Veterans Memorial Highway and Plumtree Road. More than 43,000 vehicles pass the development site daily via Maryland Route 24, with an additional 20,000 driving by each day using the adjacent Emmorton Road, according to the Harford County Office of Economic Development.
“The Route 24 corridor is considered a highly desirable location and, based on the initial interest already generated, we are confident that it is a long runway for new retailers to expand into the area,” he said.
MacKenzie’s Tom Fidler joins Langford in handling leasing for the developer.
Baltimore-based developer ARLS Properties on Tuesday started construction of Bel Air Village, a 35-acre mixed-use community in Bel Air, Md. When completed, the development will include 115,000 square feet of office space, 252 multifamily units and 24 townhomes. A four-story multifamily building with 50 units will be the first property developed, and additional multifamily buildingsRead MoreDevelopment, Mixed-use, ARLS Properties, Bel Air Village, MacKenzie Commercial Real Estate Services, Sean Langford, Tom Fidler Commercial Observer Read More
Robert Khodadadian has long had a simple philosophy about selling real estate. The way he sees it, there are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller at the right time.
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