November 19, 2019
CRC Holds Renovation Ribbon Cutting Ceremony at Padonia Village Shopping Center
Baltimore County Executive John Olszewski, Jr. (second from left) cuts the ceremonial ribbon with help from (left to right): Jack Luetkemeyer, Co-Chairman, Continental Realty Corporation; Maryland Delegate (District 42B) Nino Mangione and Lisa McClellan, Director of Constituent Services for Maryland Delegate (District 42B) Michele Guyton.
The recently-renovated neighborhood retail center is located at 61 E. Padonia Road in the Timonium section of Baltimore County. Over the past year, CRC has attracted a number of new retailers to Padonia Village, including anchor tenant Green Valley Marketplace, which opened its first Baltimore County grocery store at the center last November. Earlier this year, GBMC Healthcare announced plans to debut its Advanced Primary Care concept within the space formerly occupied by Padonia Ale House.
CRC recently completed a significant property improvement package at Padonia Village, a center that comprises nearly 115,000 square feet. The renovations featured the replacement of all exterior siding, a center-wide repainting, the installation of new lighting, and the creation of a reimagined courtyard area that will function as the aesthetic focal point of the center, as well as a community gathering place.
“The exciting new tenants and our investment in physical upgrades demonstrate, I hope, our intent to elevate the shopping center experience at Padonia Village. The needs of local consumers and businesspeople have evolved since the center was first built,” stated David Donato, Senior Vice President of CRC. “Neighborhood shopping centers play more vital roles within communities than ever. They’re not only places to shop, but also places to be entertained, to engage with neighbors, and to earn a living. CRC embraces our responsibility to maintain this multifaceted environment. Our team works hard daily to make positive changes for the Padonia Village community.”
Continental Realty Corporation (CRC), is focused on acquiring value-add retail and multifamily properties, located throughout the Mid-Atlantic and Southeast regions of the United States. Headquartered in Baltimore and founded in 1960, CRC is a full-service commercial real estate and investment company. The privately-owned firm owns and manages a diversified portfolio of retail centers, consisting of over 4.5 million square feet of commercial space, as well as almost 10,000 apartment homes. Positioned throughout the Mid-Atlantic and Southeast regions, the portfolio’s value exceeds $2 billion.
February 15, 2022