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Closing Macy's Site Sold To Baltimore County With Plans For Development: Report

  • The Baltimore County government purchased the closing Macy's building at Security Square Mall for $6.5 million, with plans to convert it into a transit-oriented development.
  • Macy's announced the closure of 66 underproductive stores across the country, including two in Sacramento, which opens opportunities for new developments.
  • Business experts believe a five-star hotel could attract visitors and more development in Sacramento, requiring a $500 million investment and city incentives.
  • City Council member Phil Pluckebaum stated that all serious ideas for the Macy's space will be considered, including mixed-use opportunities for housing.
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