Today, I was delighted to announce that Federal Realty Investment Trust plans to invest approximately $5 million to upgrade and improve Perring Plaza in Baltimore, Maryland.
The enhancements at the 396,000-square-foot Joppa Road shopping center include a new façade, additional landscaping and new signage.
This renovation will give a facelift to one of our most important and active shopping centers along the Joppa Road corridor. I am delighted by the improvements at this commercial center and would like to thank Federal for its efforts in making Perring Plaza even more exceptional.
The grocery-anchored power center, acquired by Federal in 1985, offers easy access and great visibility along the Baltimore Beltway as well as numerous retailers and amenities. Its large national and regional retailers include Mama Lucia’s, Crazy Crab Shack, Shoppers Food, Micro Center, Home Depot, and Burlington Coat Factory, among others.
I am doing all I can to support more revitalization along this corridor, including the filling of vacancies at North Plaza across Joppa Road.