MDBIZ News plans to feature every Maryland county in its weekly “Building your Maryland business” series. If you are a representative of a county economic development group, please contact the editor, Emily Pope, at firstname.lastname@example.org.
Charles County, Maryland is rapidly growing, and business owners and investors are taking notice.
Located in Southern Maryland in the Washington, D.C. metropolitan area, Charles County borders five Virginia counties and three Maryland counties. Part of the county’s appeal is its central interstate placement, close to the nation’s capital, according to Director of Economic Development Kwasi Holman. The region offers a large and affluent consumer market and easy access to federal agencies and resources.
But the county’s past and continued successes run deeper than its proximity to the District. According to Holman, “Charles County is the D.C. metro area’s best-kept secret for business, offering a highly strategic location; flexible, affordable and attractive real estate options; and an ample talented workforce.”
U.S. Census and survey data show that Charles County has the lowest commercial vacancy rate and cost per square foot in the D.C. metro area, one of the most culturally diverse jurisdictions in the State, one of the highest median household incomes in the State at $91,801 and one of the highest rates of new residents moving into the county from elsewhere in Maryland.
A number of thriving companies already call Charles County home, among them the Community Bank of the Chesapeake, The Wills Group, Facchina Construction Company, OutsourceIT, Zekiah Technologies, Naval Support Facility Indian Head, SAIC and the Energetics Technology Center.
Charles County is also welcoming new development and programs.
Southern Maryland’s second solar farm, the Rockfish Solar Facility, will be developed by juwi solar Inc. in Charles County for the Southern Maryland Electric Cooperative and is scheduled for commercial operation as early as the end of 2014.
The St. Charles Energy Center, a natural gas-fired power plant will also be developed in Charles County by Competitive Power Ventures, with construction beginning this year. Between 350 and 400 jobs will be created during construction, in addition to 30 permanent high paying jobs to operate the facility upon completion.
Charles County’s newly launched business visitation program is aimed at helping companies investigate their business options within the county’s borders. Ten office, industrial and technology parks also help provide a soft landing for new startups.
Looking for more reasons to build your business in Maryland’s Charles County? Visit the Charles County Department of Economic Development here.