BALTIMORE - Exelon Corp. plans to make its new home Baltimore in a waterfront development if its $7.9 billion purchase of Constellation Energy Group, Inc. is approved.
Chicago-based Exelon, which pledged to build a headquarters in the city as part its buyout of Baltimore-based Constellation, announced Wednesday that it had selected a property in the Harbor Point development.
Exelon plans to maintain its Chicago headquarters, but house its power-selling and renewable energy business in Baltimore.
The company says it was looking for a site close to the downtown waterfront with 300,000 to 370,000 rentable square feet available in 2014.
Downtown advocates were disappointed that the company did not select a site in the central business district.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
An NFL player relieves himself of his feelings toward the IRS.
Emma Watson revels in her post-"Potter" freedom at Cannes.
More cursing happens in Maryland than across the Potomac River.
Would you give this guy your number? Most likely, says a new study.