Constellation, Exelon weighing 17 sites for new Baltimore HQ
August 4, 2011
By: Scott Dance

Exelon Corp. and Constellation Energy Group Inc. are considering a list of 17 potential sites for a new Constellation headquarters in downtown Baltimore.

That is how many out of 200 sites surveyed fit within the general requirements the companies are looking for, said Calvin Butler, Exelon senior vice president for corporate affairs. He declined to name any specific sites being considered.

Exelon (NYSE: EXC) hired Washington, D.C., real estate firm Studley to search for potential sites, and they sent out surveys to 70 property owners representing the 200 sites. Exelon is planning to move Constellation from its headquarters at 750 E. Pratt St. downtown to a new or substantially renovated office center. That’s assuming the companies’ proposed $7.9 billion is approved as scheduled in early 2012. ...

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