In 1984, Gerald S Klien bought $55 million in property for development using Merritt Commercial Savings and Loan assets including a $2 million Maryland Marine wastewater plant. Maple Lawn and Burleigh developer partner Stuart Greenbaum, purchased 800 additional acres for subdivision. In 1985 Worcester County commissioners condemned the Maryland Marine Systems Merritt Commercial Savings and Loan owned sewer system embroiled in the Jeffery Levitt Scandal in order to remove a development moratorium. The system had failed to implement $1.3 million in required maintenance to prevent sewer overflow into the streets creating the moratorium.
The community began as a small resort in 1968 and today is the largest residential community in Worcester County
The Ocean Pines neighborhood brings a slice of shore-side heaven to its happy residents. Located on Maryland‘s Eastern Shore, Ocean Pines is about 130 miles east of Washington D.C. While there’s no major bus system in town, there is a Greyhound station right in the city. This small town offers luscious parks, access to the beach, and gorgeous views of the ocean. Plus, with its small size, life in Ocean Pines, Maryland, is both vibrant and community-oriented, making it the perfect place to relax and get involved with town events. Ocean Pines is the perfect slice of small town life.
Robust recreation programs, more than a dozen parks and walking trails, five swimming pools, two marinas, a premier racquet sports facility, a Robert Trent Jones Sr.-designed championship golf course and more await.
First Down Funding is your source of capital to grow your Ocean Pines Business. If you are a Ocean Pines business owner and looking for business funding, contact First Down Funding, we specialize in small to mid size businesses like yours. Whether it is a long term funding package or short term cash funding, apply online or contact us so we can expedite your request. We are Ocean Pines Business Funding source and we are ready to service your capital needs.