The Baltimore City Council approved a bill Wednesday to enable Under Armour to double the size of its Locust Point headquarters. As reported, UA plans to build a new office tower and the city's first Under Armour store. It also will expand other buildings on the Tide Point waterfront campus in Locust Point.
The bill approved Wednesday allowed for an increase in office and retail space on the 25 acres where Under Armour owns or leases the five buildings it now occupies, according to the Baltimore Sun. The changes allow for a maximum development of nearly 1 million square feet, an increase from just over 500,000 square feet.
Under Armour plans to build an 80,000-square-foot office building with underground parking on the site of the “Tide” building, which would be demolished. The company also is considering how to connect three other buildings, “Cascade,” “Dawn” and “Ivory,” possibly with an atrium.
The first project likely would be a four-story building for offices and a 20,000-square-foot flagship store to showcase merchandise.
“We're very happy to have an opportunity to expand as our business and hiring people dictates, and this gives us the opportunity to expand,” J. Scott Plank, the company's executive vice president of business development, told the Baltimore Sun.
Under Armour also has submitted a separate request to the Baltimore Development Corp., the city's economic development agency, for an undisclosed amount of tax increment financing for public improvements.
