The University of Maryland’s Robert H. Smith School of Business is moving its Baltimore satellite campus to the Baltimore Peninsula.
The new location is a 12,480 square-foot space at the Rye Street Market, almost 3.5 miles south of the old location at UMD’s BioPark campus.
The Baltimore satellite campus is used for the college’s Flex MBA program, an in-person STEM-oriented program focused on data analytics and technological advances in business. The space will also be used for alumni events and local collaborations.
The move is expected to be completed in early 2026, according to the Baltimore Business Journal.
“The Smith School has a long-standing commitment to Baltimore and a history of collaboration with business leaders in the city’s vibrant community,” said Prabhudev Konana, dean of the Smith Business School, in a Tuesday press release.
The Flex MBA program also has satellite campuses in Rockville and Washington, D.C. The experiential learning program is ranked in the top 10 of part-time Flex MBA programs in the country, according to U.S. News & World Report.
“As a strong partner in the region’s economic growth, we are excited about the opportunities this new space will offer to deepen our engagement with working professional MBA students, faculty, and the many alumni who call the region home,” Konana said.
The move is at least the eighth addition to the Baltimore Peninsula this year.
The school worked with MAG Partners and MacFarlane Partners during the leasing process. Kevin Plank, his Sagamore Ventures Investment firm and Goldman Sachs Asset Management Urban Investment Group also helped with the deal.
“University of Maryland establishing a presence at Baltimore Peninsula marks a significant milestone as our neighborhood becomes further ingrained in helping shape the future and vitality of our state,” said MaryAnne Gilmartin, founder and CEO of MAG Partners.
The old UMD BioPark Smith School Baltimore satellite campus has rooms for individual and group study, a kitchen area, a computer lab and a student lounge. Rye Street Market has a fitness center, food options, local shops and a shared rooftop. The Baltimore Pensiunal Development team said it “accommodates businesses of all sizes.”
“Bringing a top-tier academic institution into the mix not only broadens the range of entities at Baltimore Peninsula but also helps build a dynamic, inclusive community that serves residents, students, and professionals of all ages,” Gilmartin said.
