Warfield Plans Mixed-Use Project At Sykesville
The company has acquired the 91-acre mixed-use development that is has rebranded Warfield at Historic Sykesville.
COLUMBIA, MD–Warfield Cos. has acquired a 91-acre mixed-use development in the Town of Sykesville, which it has rebranded as Warfield at Historic Sykesville. The company plans to begin redeveloping it into a project that will support close to 600,000 square feet of office, light industrial and retail space, approximately 180 residential units, a full-service hotel, and a 27 acre town park. Work on the first office building will begin within weeks, on spec.
Roger Conley of the Warfield Cos. says the company is now in discussions with prospective buyers and tenants.
The property is located on MD Route 32 in the Sykesville town limits. It holds twelve separate buildings on a 17-acre parcel constructed in the early twentieth century and used by Springfield Hospital Center until the early 2000s. The buildings carry historical designations from the National Park Service and Maryland Historical Trust and comprise about 185,000 square feet of the total 600,000 square feet of non-residential density permitted by the zoning ordinance.
Three of the historic buildings are restored and occupied by Nexion Health, Zeteo Tech and The Carroll County Dance Center. The remaining nine buildings will be rehabilitated and repurposed in a variety of ways as future users, owners and tenants are identified.
Groundbreaking for the first phase of new construction, a 145-unit townhouse project, is expected in occur this month, with delivery scheduled for early 2019. Elm Street Development of McLean, Va., has acquired and is developing this phase of the project, working with a national homebuilder to construct the townhomes.
Dennis Boyle, of Lee & Associates Maryland, will oversee leasing and marketing activities for the commercial, retail and hospitality components.