Economic Alliance of Greater Baltimore Relocates to Silo Point in Locust Point

| October 9, 2017 | 0 Comments

The Economic Alliance of Greater Baltimore (EAGB) relocated in August from 1 East Pratt St. Downtown to Silo Point in Locust Point. EAGB is the first tenant to use the approximately 3,000 sq. ft. space which has sat vacant since the building opened in 2009 by Turner Development. A concept called FoodLifePoint was proposed for the space in 2011, but never opened.

“We spent four months working with EAGB to come up with just the right concept and another four months on the build-out,” said Eric Turner of Turner Development in an email.

The space features cement ceilings, cement floors, and wooden beams from the building’s former use as a B&O grain elevator.

All of the commercial spaces at Silo Point are now leased. Silo Point previously had two restaurants, Miguel’s and Silo .5% Wine Bar, but both closed and were replaced by offices for Linq and CH Robinson.

“With the final addition of Economic Alliance of Greater Baltimore, Silo Point has an impressive lineup of tenants,” said Turner. “There’s EAGB, of course, but also CH Robinson (ranked #212 of the Fortune 500), Linq (one of Inc. 500 fastest growing companies), LMO (one of the region’s largest digital marketing companies), and of course legendary Prive. We took our time to find just the right mix of tenants, and it really paid off.”

Turner said Silo Point has no plans to use the building’s liquor licenses at this time.

Turner Development sold out the building’s 226 condos last year.

EAGB, a not-for-profit which recently celebrated its 20th anniversary, describes its mission as an “economic development organization led by a partnership of regional business executives, elected government officials, and leaders from higher education. As we focus on fostering business retention and development, job creation, and new investment throughout the region, we continue to promote Greater Baltimore’s globally competitive market by supporting the successes of regional industry, innovation startups, and the Baltimorean entrepreneurial spirit.”

EAGB is funded by government grants and fundraising. Director of Marketing Nikoletta Gjoni told SouthBMore.com that EAGB’s primary objective is to market the region and data mining economic research for its partners which include businesses, property owners, education institutions, and investors.

Gjoni described the business environment in Baltimore right now as “pretty fantastic” and noted the growing industries of bio health, life sciences, and cybersecurity. “Baltimore is really becoming a tech hub in the region and on the East Coast,” she said.

EAGB hosts an annual meeting, which will be held this year on December 12th at M&T Bank Stadium, and a Breakfast Series, which has been hosted at American Visionary Art Museum.

EAGB will use the new space for its team of four full-time employees and two part-time employees, as well as for hosting committee meetings. EAGB’s Board is comprised of area business leaders, education leaders, and elected officials including Governor Larry Hogan, Mayor Catherine Pugh, and county executives from counties in the Baltimore region.

Gjoni called the new office “incredibly cool” and very different from EAGB’s more traditional former office. Silo Point offers free parking which Gjoni said was a very high point of interest for EAGB. The team also has access to the building’s amenities including a gym, conference room, and sky lounge. Gjoni also noted how the location right off of I-95 is ideal for its partners coming from many different directions.

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Creator of SouthBmore.com and resident of SoBo. Graduate of Towson University and owner of Incept Multimedia, a full service video production company. Diehard Ravens and O's fan, beach volleyball enthusiast, dog lover and "bar food" foodie. Email me at Kevin@InceptMM.com and follow me on Twitter at @SoBoKevin.
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