Clean Harbors Spends $15.5 Million on South Baltimore Facility, Second Chance Inc. Subdivides Property

| April 3, 2024 | 0 Comments

Massachusetts-based environmental waste management services company Clean Harbors spent $15.5 million on an expanded facility at 1700 Ridgely St. in Carroll-Camden Industrial Area. The company purchased 110,360 sq. ft. of warehouse space and six acres of land from Second Chance Inc., which remains open but has subdivided off this portion of its property.

Second Chance purchased a 300,000 sq. ft. building on 17 acres of land at 1700 Ridgely St. in 2011. It currently uses 163,526 sq. ft. for its architectural salvage and antique store, offices, and workforce development classrooms.

From The Baltimore Banner:

Second Chance plans to use the sale to springboard the organization into expansion, said president and CEO Mark Foster in an email. The nonprofit is using some proceeds from the sale to make a local acquisition that will create 75 to 100 new jobs for people reentering the workforce. Foster said he expects to announce more details of the acquisition next month.

The property sale was a component of the Second Chance board’s long-term strategic plan to create more jobs “locally or, when appropriate, in other cities that share similar circumstances as Baltimore,” Foster said.

Clean Harbors was already leasing a portion of the space at 1700 Ridgely St. before the acquisition. The company plans to hire 75 new employees in Baltimore, according to Baltimore Business Journal. From the article:

The facility will manufacture containers to supply other Clean Harbor locations that need storage and will add new services such as retail waste shredding and electronic waste processing to dispose of technology like cell phones.

“Baltimore has several benefits, including its central location, which allows us to serve our customers not only in Maryland but around the mid-Atlantic,” Ayer said. “We’ve also been very impressed with the quality of talent in the area.”

The facility will also have space for staff to maintain equipment, Ayer said. Outside of the $15.5 million in real estate costs, the company will invest around $4.5 million in equipment and improvements to the facility, according to co-CEO Mike Battles.

Samuel, Son & Co. continues to lease 60,000 sq. ft. from Second Chance at 1700 Ridgely St.

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Overhead screenshot from Google Maps

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