The long-awaited redevelopment of the former Bainbridge Naval Training Center in Cecil County got underway Thursday with a brief ceremony that marked the reopening of the site.
Two massive e-commerce warehouses will soon begin development on spec as the first phase of the $300 million project gets going, said Reid Townsend, co-founder of MRP Industrial. The Baltimore-based developer is a partner in the project that sits about a mile off Interstate 95, adjacent to Hollywood Casino and the site of the up-and-coming 44-acre Great Wolf Lodge. The other partner on the Bainbridge redevelopment is Hillwood, a Dallas-based real estate investment trust (REIT) owned by Ross Perot Jr.
The industrial park will compliment the aggressive growth in the once-sleepy corner of Cecil that is poised to accelerate further when the Great Wolf Lodge opens in 2023.
