Frederick Towne Center Groundbreaking Signals Strong Retail Opportunities on The Golden Mile

A resurgence along Golden Mile is one step closer following the groundbreaking ceremony for the the Frederick Towne Center & Walmart Supercenter. The groundbreaking ceremony was held on Saturday, April 16, 2016 in front of the former Bon-Ton department store and was attended by over 50 residents, business owners, and elected officials. Speakers included Mayor Randy McClement, Economic Development Director Richard Griffin, Golden Mile Alliance President Justin Kiska, Golden Mile Alliance Board Member and attorney Dave Severn, and Adam Greenberg, representing DLC Management.

Mayor McClement delivering remarks on the City's commitment to the Golden Mile. 
Redevelopment of the former Frederick Towne Mall will include retail space opportunities for up to 16 new retail and restaurant businesses. This 500,000 square foot redevelopment project will be anchored by a Walmart Supercenter alongside the existing Boscov's department store and Home Depot. Additional details on the project, including a site plan for the project, are available on DLC Management's website.

Additional investment along the Golden Mile is either underway or in the planning stages.  Construction has started for a new Wawa fueling station at the former Maryland State Police Barracks. Planned residential along the Golden Mile includes the redevelopment of the former VFW (West Park Village) and the development of Summers Farm. For a complete recap and project links, review the recap from the Golden Mile Alliance's recent Development Showcase.

To learn more about The Golden Mile and to get involved, visit the Golden Mile Alliance's website.
The Golden Mile is Frederick's original retail corridor and is currently home to over 1.6 million square feet of retail space. Following the completion of the Golden Mile Gateway and Frederick Towne Center projects, the total retail along the Golden Mile will exceed 2.3 million square feet, or nearly half of the total retail space within The City of Frederick.

For more information, facts, and demographics about the Golden Mile and other areas within The City of Frederick, review the newly released Frederick Retail Market report.