Business News From The City of Frederick, Maryland
December 2019
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Hello

Frederick’s Golden Mile is a top regional retail destination corridor delivering over 1.5M SF of retail space, 50,000 vehicle trips daily, and 117,000 people living within five miles of the corridor with an average annual household income of $103,000. Stats like that make this section of the historic National Road in west Frederick a logical place for new retail and mixed-use development to occur and we are starting to see that happen. New residential neighborhoods are springing up, retailers are sprucing up including a few recent full rebuilds for Wendy’s and Burger King, and new or expanded businesses are taking leases including Warehouse Cinema, Asian American Center of Frederick (AACF), Centro de Hispana, and Taj Mahal Restaurant. Recently Frederick County Square changed hands from Washington Real Estate Trust (WRIT) to DLG which is working on plans to transform the center into a robust retail destination.   

The City is working hand in glove with the Golden Mile Alliance to advocate for the Golden Mile including marketing key business assistance programs like Enterprise Zone Tax Credits and Façade Grants. We are also working to support services offered by AACF, Centro Hispano de Frederick, and individual efforts like the new van shuttle service to help residents with access to medical care offered by Dr. Julio Menocal - a local physician serving west Frederick. The City has prioritized efforts to promote and support the Golden Mile and this issue of Frederick Business eNEWS focuses on some of the work by the City and our partners.

Regards,
Richard G. Griffin, AICP, CEcD
Director, Economic Development
Momentum is gaining on the Golden Mile. Explore two major incentive programs stimulating capital investment and revitalization on “the Mile.”
Centro Hispano de Frederick & the local community recently celebrated the organization's new location along the Golden Mile.
We caught up with Maria Shuck - director of the local non-profit - to ask her about the move and the work her organization does within the local business community.
Earlier this month, Warehouse Cinemas was announced as a new tenant at the formerly vacant Frederick Towne Mall located at 1301 W Patrick Street. Rebranded ‘District 40,’ the strategic property is now envisioned to become an premier entertainment destination for the region. Learn more about the revitalization project here.
This month, our Partner Spotlight highlights the Golden Mile Alliance (GMA) — a local non-profit serving the residential and business community of the west-side of Frederick.
We spoke with current GMA President, David Newman, to learn more about the organization and the resources available to area businesses.
Know any creative, energetic & community-minded individuals looking for a flexible, part-time opportunity? The Golden Mile Alliance is seeking an Operations Coordinator. Learn more about the opportunity here .  
The 90+ acre State Farm campus on Monocacy Boulevard has been purchased by Frederick Health. The new location, to be named Frederick Health Village, will focus on population health and outpatient medical care. Read the full story here.
Natural Fusion Hair Studio recently launched their "See the Change" grand reveal which included newly renovated retail and studio space as well as a re-branding. Read on to learn more about their exciting efforts and changes.

Frederick Indoor Sports was recently awarded C-PACE financing to purchase and install over 440 kW of solar power. Learn about the funding program and project in their press release.

Braincave, the technology innovation lab of Expert Consultants Inc (ECI), has announced the official release of their immersive VR web collaboration platform. BraincaveVR enables companies to quickly build web based virtual reality environments that incorporate real time collaboration with voice and interactivity within shared virtual spaces.

Frederick Health announced the purchase of the State Farm Campus where Frederick Health Home Care (formerly known as FMH Home Health) and Frederick Health Hospice (formerly known as Hospice of Frederick County) will relocate. Read their major news announcement here.

Warehouse Cinemas, a locally owned, premium movie theatre company signed a new lease agreement to renovate the east part of the Frederick Towne Mall as their flagship location. Find out more about the details.

Does your business have news to share? Send us a press release and we'll help share that great news locally and regionally. Find out how !
Congratulations to the following anniversaries and grand openings:

  • Trail House - 17 S. Market Street - 35th Anniversary
  • iHire - 41 E. All Saints Street - 20th Anniversary
  • Plaza Mexico - 2481 Merchant Street - Worman's Mill Village Center
  • Datakwip - 411 Aviation Way


If you have a business that has opened, relocated or expanded in the last 3 months, please tell us!
Retail Space - 5 Willowdale Drive - Willowtree Plaza

5,739 sf of retail space; high visibility, corner end cap facing Route 40/Golden Mile. Parking provided.

Be a part of the new Golden Mile activity!

For more information, contact Nancy Green with Mackintosh - 301-748-3321.
STAY CONNECTED
City of Frederick | Economic Development | 301-600-6360 | www.businessinfrederick.com