Target Corp. (NYSE: TGT) is awaiting Prince George’s County approval to expand a former Safeway warehouse complex in Upper Marlboro into what might be the region’s largest single-tenant logistics facility.
The Prince George’s Planning Board Thursday is scheduled to review plans to add just shy of 500,000 square feet to the 157-acre property, which would bring the existing 730,978-square-foot warehouse campus to 1.23 million square feet.
While single-tenant warehouses of that size are fairly common in the Baltimore and Richmond metropolitan areas, for the likes of Amazon.com Inc. and Home Depot, there do not appear to be any in the immediate D.C. area, according to a search of data clearinghouse Reonomy. The Prince George’s County Economic Development Corp. could not identify a larger complex in Greater Washington.
“We are very pleased that Target purchased the former Safeway facility and is expanding it dramatically,” David Iannucci, the EDC’s president and CEO, said in an email. “EDC welcomes the new jobs that will come, and applauds Target’s decision to invest in Prince George’s County.”
