Cecil County, Baltimore City Enterprise Zones expand
07/07/2022| Karen Glenn Hood
Cecil County, Baltimore City Enterprise Zones expand
07/07/2022 | Karen Glenn Hood
The Maryland Department of Commerce has announced the expansion of the Enterprise Zone in Cecil County, as well as the redesignation and expansion of the Enterprise Zone in Baltimore City.
Baltimore City’s redesignated zone will include the downtown Pratt Street area, as well as Port Covington and Locust Point, Highlandtown, Greektown, and Bayview. In addition, five Focus Areas have been redesignated, with the South Industrial area newly added.
The Cecil County zone, which will now encompass 8,140 acres, will include a number of parcels of land owned by Northrop Grumman, which will enable the company to continue expansion plans.
A joint effort between state and local governments, the Enterprise Zone program provides real property and state income tax credits for businesses that create jobs and make capital investments.
Keep up with the latest.
Sign up for e-mail notifications.
