MedStar Relocating Corporate Offices To Howard County, Maryland
02/25/2016
The new headquarters is currently under construction and scheduled to open later this year. With this move, MedStar will employ 222 full-time employees in Howard County and 1,266 employees statewide.
“We appreciate the collaborative and collegial manner in which the Howard Hughes Corporation, Howard County and the state of Maryland have worked with us to make new headquarters a reality for MedStar Health,” said Kenneth A. Samet, FACHE, President/CEO. “We look forward to occupying our new space, and we are pleased that we have been able to extend our commitment to this community and be part of the plans for making Columbia an innovative and dynamic place to work and live.”
“MedStar is the largest healthcare provider in Maryland and Washington, D.C., and we very pleased that they are continuing to grow and call Maryland home,” said Governor Larry Hogan. “MedStar is one of a number of companies that has chosen to expand and invest in our state in recent months, which speaks to the tremendous progress we are making in strengthening our economy.”
MedStar hosts 10 hospitals, the MedStar Health Research Institute, and a number of health-related organizations in the area. As the medical education and clinical partner of Georgetown University, MedStar trains more than 1,100 medical residents annually. The not-for-profit health system is recognized regionally and nationally for its excellence in medical care.
To support the expansion, the Maryland Department of Commerce is providing a $750,000 conditional loan through the Maryland Economic Development Assistance Authority and Fund. The company is also eligible for a number of state and local tax credits.
“MedStar is a home-grown Maryland company, with a vibrant history going back more than 160 years in our state,” said Maryland Department of Commerce Secretary Mike Gill. “Commerce is proud to support their new headquarters project, which provides the company with a strategic location for doing business around the region.”
“MedStar’s continued investment in Howard County and their decision to remain in downtown Columbia is a great example of the energy that we are seeing come out of the revitalization there,” said Howard County Economic Development Authority CEO Lawrence Twele. “MedStar’s decision to anchor the first of the Crescent buildings is a significant vote of confidence for the success of that entire project.”
Project Announcements
Pace Industries Expands Jackson, Tennessee, Operations
01/31/2023
Green Georgia Plans Thomaston, Georgia, Headquarters-Manufacturing Campus
01/31/2023
Yellow Dog Software Expands Norfolk, Virginia, Operations Complex
01/31/2023
Resicum International Plans Selma, Alabama, Aviation Training Academy
01/30/2023
Safire Technology Group Establishes Knoxville, Tennessee, Lithium-ion Battery Lab
01/30/2023
Miller Industries Expands Fenton Township, Michigan, Manufacturing Campus
01/30/2023
Most Read
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
Three Big Challenges Facing the Food & Beverage Industry
Q4 2022
-
Location Factors in the EV Industry — “Mission Critical” or “Nice to Have”?
2022 Auto/Aero Site Guide
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
Fixing the Supply Chain with AI and Robotics
Q4 2022
-
Innovation Corridors Update
Q4 2022
-
Food Processors’ Optimal Location Decision
Q4 2022