T. Rowe Price marks the company’s 85th anniversary with the grand opening of its new global headquarters

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By JJ McQueen,
Special at AFRO

For 85 years, T. Rowe Price has been a fixture in the Baltimore community. His presence and commitment to the city continues to grow as their mission evolves. The grand opening of their new 550,000 square foot corporate headquarters facility further shows the convenience of calling Baltimore home to the global investment organization.

The new location will be at 1307 Point Street in the Point Harbor community of Baltimore and will serve two purposes. In an effort to attract and retain top talent, the new construction project is expected to create a pool of 1,600 job opportunities for the current and next generation of visionaries.

Baltimore Mayor Brandon Scott talks about the importance of Healthy City Partnerships and their commitment to supporting Baltimore communities. (Photo by JJ McQueen)

The new location is being developed by the Beatty Development Group, the master developer of the 27-acre Harbor Point, in partnership with Armada Hoffer Properties. Other development team members include, Base Building Architects-Kohn Pederson Fox (KPF), Developer Architects-Beatty Harvey Coco (BHC), Base Building Mechanical, Electrical and Plumbing Engineers-JDB Engineering, Program Management-Jones Lang LaSalle , Interior Architects-Gensler, and Interiors MEP Engineer-Allen and Shariff.

The building design is designed to support T. Rowe Price’s collaborative culture by housing auditorium spaces, customer conference centers and meeting spaces of varying sizes, the company expects these features of tip are retention elements for a new wave of Talent.

T. Rowe Price President and CEO Rob Sharps thanks the developer team and community partners for supporting the new vision for building T. Rowe Price Headquarters. (Photo by JJ McQueen)

“I am grateful for T. Rowe Price’s decision to commit to Baltimore. With this grand opening, they’re making a bold statement that they’re here to stay and share our vision for Baltimore’s rebirth. We will build on this as we seek to continue to advance our city’s economic potential. -Brandon Scott, Mayor of Baltimore

“Our investment will amount to almost a billion dollars. You can count on us to invest in the realization of the project. -President and CEO of Armada Hoffler, Louis Haddad

“The new location will help retain top talent and support the collaborative culture” -President and CEO of T. Rowe Price

The new facility is designed to perform as an eco-friendly space for lighting, water efficiency and cleanliness, and with the pursuit of its Fitwel certification, it could receive one of the highest ratings of workspace as high as possible.

Scheduled to open in 2024, T. Rowe Price strives to remain among the best in class.

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