Tradepoint Atlantic

Tradepoint Atlantic acquires Sparrows Point shipyard for $33.5 million

Tradepoint Atlantic acquires Sparrows Point shipyard for $33.5 million

Tradepoint Atlantic has purchased the former Sparrows Point shipyard, giving it control of more of the east Baltimore County industrial peninsula it is redeveloping into a distribution hub, the development firm announced Monday.

The deal adds 150 acres and more deepwater berths to the 3,100 acres Tradepoint acquired there in 2014. Tradepoint paid $33.5 million at the end of April for the shipyard, according to state property records,

Tradepoint has been working to put the giant former steel mill property back to productive use, demolishing buildings and making way for warehouses that serve companies such as

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