Exelon Unveils Details, Images of Proposed Harbor Point HQ
Posted February 8, 2012
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Details of the Exelon's Harbor Point development were released Wednesday by Exelon and Harbor East Development Corp.
The Exelon building will have 350,000 to 400,000 square feet of office space on 15-20 stories. It will occupy a 75,000 square foot footprint and have a 70,000 square foot column-free trading floor. The typical office floorplate will be 30,000 square feet.
The building will have a goal of LEED Core & Shell Platinum certification.
Fully developed, Harbor Point will include 1.8 million square feet in 8 building on 27 acres. Harbor Point will be a LEED ND (Neighborhood Development) Sustainable Community.
The Harbor Point build-out that is currently approved includes:
• Retail Space: 150,000 square feet
• Office Space: 1 million square feet
• Residential Units: 600
• Hotel Rooms: 250
• Parking spaces: 3000
• Public open space: 11 acres (includes central plaza, waterfront promenade and park, Lacrosse field)
The total estimated investment is $1 billion. The project will create 3,000-plus construction jobs and 4,500 permanent jobs.
Existing buildings at Harbor Point include the Thames Street Wharf, a 277,000 square foot, 8-story office building occupied by tenants that include Morgan Stanley and Johns Hopkins Medicine International
Harbor Point Site History
• Site of world's largest processor of chrome ore 1845-1985
• Mutual Chemical, later Allied Chemical, operated the plant; AlliedSignal (Allied Chemical successor) merged with Honeywell in 1999
• Hexavalent Chromium contamination discovered in early 1980s
• $110 million, privately-funded 10-year cleanup completed in 1999
• EPA approved remediation and future redevelopment
• Ground lease signed between Honeywell and Harbor East in March 2003
• Planned Unit Development approved in 2004 for up to 1.8 million total square feet
• Morgan Stanley signs lease with Harbor East in October 2007 for build-to-suit office building
• Morgan Stanley moves into Thames Street Wharf in May 2010 as first tenant on Harbor Point.
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