Insights

Historical Redevelopment PenMar Development Corporation offers opportunities for businesses involved in redevelopment, heritage projects, and historical site preservation, leveraging its ownership and management of Fort Ritchie’s historic buildings and land assets.

Community Engagement With a community center, event spaces like Lakeside Hall, and residential housing options, there are prospects for partnerships in community programs, event planning, hospitality services, and local amenities targeting families and event organizers.

Real Estate Opportunities The company's ownership of land and residential units positions it for potential collaborations in real estate development, property management, or rental services, especially in mixed-use and recreational spaces catering to local residents and visitors.

Tourism and Events The historic venue and scenic outdoor spaces create avenues for businesses focused on event management, wedding planning, hospitality, and tourism services seeking to leverage Fort Ritchie's scenic and historic appeal.

Regional Market Potential Located near other educational and community institutions, PenMar is well-positioned to explore partnerships with regional organizations, educational programs, and government initiatives focused on local economic development and site revitalization projects.

PenMar Development Corporation Tech Stack

PenMar Development Corporation uses 2 technology products and services including Afternic, Apache, and more. Explore PenMar Development Corporation's tech stack below.

  • Afternic
    E-commerce
  • Apache
    Web Servers

Media & News

PenMar Development Corporation's Email Address Formats

PenMar Development Corporation uses at least 1 format(s):
PenMar Development Corporation Email FormatsExamplePercentage
FLast@fortritchie.comJDoe@fortritchie.com
100%

Frequently Asked Questions

Where is PenMar Development Corporation's headquarters located?

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PenMar Development Corporation's main headquarters is located at 14320 Barrick Avenue po Box 699 Cascade, Maryland 21719 United States. The company has employees across 1 continents, including North America.

What is PenMar Development Corporation's official website and social media links?

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PenMar Development Corporation's official website is fortritchie.com and has social profiles on LinkedIn.

What is PenMar Development Corporation's NAICS code?

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PenMar Development Corporation's NAICS code is 531 - Real Estate.

How many employees does PenMar Development Corporation have currently?

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As of April 2026, PenMar Development Corporation has approximately 1 employees across 1 continents, including North America. Key team members include Director Of Property Management: B. M.: R. S.. Explore PenMar Development Corporation's employee directory with LeadIQ.

What industry does PenMar Development Corporation belong to?

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PenMar Development Corporation operates in the Real Estate industry.

What technology does PenMar Development Corporation use?

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PenMar Development Corporation's tech stack includes AfternicApache.

What is PenMar Development Corporation's email format?

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PenMar Development Corporation's email format typically follows the pattern of FLast@fortritchie.com. Find more PenMar Development Corporation email formats with LeadIQ.

PenMar Development Corporation

Real EstateMaryland, United States0-1 Employees

The PenMar Development Corporation was established as a public instrumentality of the State of Maryland in May 1997. Its purpose is to oversee the development of Fort Ritchie, a U.S. Army base which closed in 1998, for civilian uses. Located in the northeastern corner of Washington County, Maryland (near the Pennsylvania border), the Fort is being redeveloped by the PenMar Development Corporation. On October 4, 2006, the U.S. Army transferred ownership of Fort Richie to the PenMar Development Corporation. The following day, the Corporation sold it to Corporate Office Properties Trust for mixed-use development. Effective July 24, 2012, however, the Corporation regained ownership of the site, which holds 591 acres of land, including on-site buildings, a water system, electric substation, and a community center. Wedding Venue: Lakeside Hall - Tudor style venue is the perfect location for weddings, receptions, anniversary, engagement, and birthday parties, and work functions. Lakeside Hall at Fort Ritchie is a historic building built in 1928 and has a big stone fireplace and wooden panels on the surrounding walls. Can comfortably sit 150 around tables. Many couples choose the deck or grassy area to hold the ceremony before going inside to celebrate Housing Rentals: Fort Ritchie at Cascade offers a unique residential district with 98 townhouses or duplexes available that range from two to four bedrooms. Located in the Fort Ritchie at Cascade complex is the Fort Ritchie Community Center offering many programs and activities for the entire family for a very reasonable membership fee. Fort Ritchie is located in Washington County Maryland. Cascade Elementary school is located in close proximity to Fort Ritchie. Middle and high school students attend school in Smithsburg, Maryland.

Section iconCompany Overview

Headquarters
14320 Barrick Avenue po Box 699 Cascade, Maryland 21719 United States
NAICS Code
531 - Real Estate
Employees
0-1

Section iconMedia & News

Section iconFunding & Financials

  • $1M$10M

    PenMar Development Corporation's revenue is estimated to be in the range of $1M$10M

Section iconFunding & Financials

  • $1M$10M

    PenMar Development Corporation's revenue is estimated to be in the range of $1M$10M

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