WorkDowntown

Why Downtown Baltimore?

The story of the new century is the story of the City, and Downtown Baltimore is leading the way. In Downtown Baltimore you’ll find the biggest business center developing in tandem with the fastest-growing residential area in the region.

With over 119,000 employees and nearly 43,000 residents, Downtown Baltimore is the 11th-largest downtown in the United States, and supports more employment than the geographically larger business districts in nearby Columbia and Towson, combined. And, with major residential units added to the market in 2016 and 2017, we’re working hard to keep up with the demand of professionals working and living Downtown.

The Numbers

Downtown Baltimore is the most significant economic asset within Baltimore City and the region:

• 35% of all Baltimore jobs are in Downtown
• Downtown neighborhoods are the fastest-growing residential areas with 42,861 residents
• $1.242 billion retail dollars were spent last year in Downtown
• Downtown has 28.2 million sq feet of office space
• 488 hotels rooms were under construction in 2017, with 718 more coming in the next six years, helping to accommodate our 25 million annual visitors.

Talent

Your business is only as good as its people. Technology makes it possible to operate anywhere in the world. But, in a competitive global economy, more regional executives choose Downtown Baltimore because this is where their best and brightest employees want to be.

Incredible institutions like Johns Hopkins, Peabody, and University of Maryland; serious buzz in the tech start-up world, and  access to public transit, housing, restaurants, and night life are luring young talent to Baltimore everyday. More and more, college grads choose where they want to live before they choose where they want to work- a trend we’re benefitting from here in Baltimore.

BUSINESS ACUMEN

Good things happen when creative people from different industries, backgrounds, and skill sets are in proximity to each other. That’s what drives innovation and it’s why businesses like T. Rowe Price, Under Armour, Legg Mason, PNC, Pandora, and R2i have made Downtown Baltimore their home.

In an isolated business park, it’s hard to find new clients or entertain existing ones. In Downtown, however, all you need to do is walk out your door and there’s a good chance you’ll run into your next big client. And when your out-of-town clients come here for a meeting, they have their pick of world-class hotels, attractions, and restaurants. What better way to show that your business is a player in the regional, national, and international economy?



  • New Retail Planned For Pratt & Charles

    Another success for the Pratt Street Redevelopment Plan: COPT has announced new plans to build a glass retail development on the plaza outside of the Transamerica building along Pratt Street.

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  • Hire Bmore: developing a people pipeline

    A conversation with prominent local organizations which have a role in the local development of job skills and identify resources to support your business growth. Hear from a panel of experts and a keynote about talent in the region, where the pain points are, and how to capitalize and put action behind growing valuable talent in the region.

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  • Weworks first coworking space in Baltimore

    Coworking giant WeWork is planning to open a Baltimore location in 2020. The New York–based company will have room for more than 1,100 members. WeWork, which currently has 287 locations in 23 countries, offers a mix of individual desks and private offices on flexible leasing plans.

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  • Downtown Baltimore Development

    Check out our comprehensive catalog of projects within a one-mile radius of Pratt and Light Streets, including planned, under construction, and recently completed projects.More than half of a billion dollars in projects were delivered in 2016, a figure larger than 2014 and 2015, combined.

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EVERYTHING YOU NEED

Kayak to work. Shop during lunch. Jog through Downtown’s historic districts around the harbor. Enjoy live music at night, galleries on the weekend, and dinner with friends whenever you feel like it. Downtown Baltimore has waterfront views, green parks and plazas, historic buildings, afternoon Orioles games, and the best restaurants in the region. It’s got parking, transit, and walkability- all in an affordable, accessible urban center.

INCENTIVES

Here's a short list of incentives to do business in Baltimore.