FRP Development Corp / Florida Rock Properties, Inc.


  • H&S Bakery Moving Distribution Center

    Posted: 05.02.2014

    H&S Bakery Moving Distribution Center


    Kevin Litten, Reporter

    Cited Source: Baltimore Business Journal

    H&S Bakery plans to relocate the company’s Fells Point distribution center to land that is part of the Hollander 95 business park, a move that will free up prime real estate next to the tony Harbor East neighborhood.

    The Baltimore City Planning Commission on Thursday approved a site plan for the new facility, which will include a truck maintenance building as well as the new distribution center. A lawyer for Hollander 95 Business Park owner FRP Development Corp., Stanley Fine, noted that H&S owner and Harbor East developer John Paterakis decided to keep the bakery’s property within city limits.

    But Fine did not know what Paterakis plans to do with the existing distribution facility at 601 S. Eden St. The 51,000-square-foot building on 1.2 acres is assessed at $2 million, according to state records.

    H&S Bakery owns multiple properties in Fells Point, including corporate offices on South Caroline Street and the bakery itself on South Bond Street. The company also owns another bakery plant nearby the Hollander 95 business park, Automatic Rolls of Baltimore Inc., at 7111 Commercial Ave.

    Moving the distribution facility prompts immediate speculation over plans for the site, especially due to its close proximity to Harbor East and the proposed waterfront Harbor Point development. A Hyatt Place hotel is planned in a former warehouse across from the H&S site.

    The rumor mill started to churn during the Planning Commission’s meeting after Fine told board Chairman Wilbur Cunningham he didn’t know what would become of the distribution facility.

    “Probably a Gucci retail store,” quipped City Councilwoman Rochelle “Rikki” Spector, referencing upscale retail merchants such as Whole Foods, Under Armour, Anthropologie and J. Crew that have set up shop at Harbor East. Spector is a member of the commission.

    H&S officials referred questions about the project to Chuck Paterakis, who did not immediately return a message seeking comment on Thursday afternoon.

    FRP Development Corp. of Sparks purchased the Hollander 95 business park in eastern Baltimore City for $4.35 million at a foreclosure sale in July 2010 and is trying to redevelop the 51-acre site near I-95 and the Baltimore County line that was originally proposed as a multi-building complex. Only one building now stands on the site as part of the original business park, and it has struggled to draw tenants. FRP purchased surrounding land for $1.4 million in a separate transaction.

    “This is one lot we’ve been able to attract H&S to which is relocating from Fells Point and staying in Baltimore City and relocating one of its distribution facilities out here.” Fine said. “It’s a great use, it’s a dead-end street right off of Pulaski Highway and they’re very excited about it and excited about staying in the city.”

    Cunningham praised Paterakis on the selection of the site, saying, “I’d like to compliment Mr. Paterakis for staying in the city. He could’ve just as easily gone to the county.”

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