Monday, February 8, 2016

Dominion Taps Patuxent Business Park For New Facility

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The state of Maryland today joined with the Calvert County Board of County Commissioners and Dominion Cove Point executives to announce that Dominion Cove Point has purchased land in the Patuxent Business Park in Lusby and plans to construct a 50,000-square-foot warehouse and office facility. The company, one of the nation’s largest producers and transporters of energy, plans to start construction on the new facility in late spring 2016 and complete it by year’s end.

“Patuxent Business Park is an excellent location for our new warehouse and office space,” said Mike Frederick, vice president of LNG operations for Dominion Cove Point. “It meets our needs for a nearby location with easy access to Route 2/4. The project will further strengthen our ties with the southern Maryland community.”

Created in 2002 through a partnership with the Maryland Department of Commerce, the Maryland Economic Development Corporation (MEDCO) and the Calvert County Board of County Commissioners, Patuxent Business Park is a 92-acre business campus designed to accommodate a variety of uses, including Class A office and flex space.

“Dominion’s decision to build a new facility in Patuxent Business Park is great news for Calvert County and the state and we thank Dominion for their commitment to growing and investing in Maryland,” said Maryland Commerce Secretary Mike Gill. “Patuxent Business Park offers a unique advantage to businesses looking to locate or expand in Southern Maryland, with its proximity to our nation’s capital as well as the growing community in and around the Patuxent Naval Air Station. We look forward to working with our county partners and MEDCO to welcome more companies to the park.”

In March 2015, Governor Larry Hogan joined Dominion executives for a groundbreaking ceremony at Dominion’s Cove Point LNG liquefaction project, which is projected to cost between $3.4 billion and $3.8 billion, create 3,000 construction jobs, 75 permanent full-time jobs, and generate an additional $40 million in annual tax revenue to Calvert County.

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The post Dominion Taps Patuxent Business Park For New Facility appeared first on MDBIZNews.



from http://mdbiznews.commerce.maryland.gov/2016/02/dominion-taps-patuxent-business-park-new-facility/

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