Under Armour is staying put.

If Under Armour’s Tide Point campus looks vaguely familiar to CounterKicks readers, it’s probably because UA footwear design intern and CK blogger Tom Spence gave us an inside tour of the space not too long ago.

UA has now decided to officially call Tide Point home and pony up $60.5 million to acquire the rest of the Tide Point business district, formerly a Procter & Gamble manufacturing plant.

The Baltimore Sun quotes Under Armour VP of Business Development (and Kevin Plank brother) J. Scott Plank:

“We look at this as securing our future. We decided, why rip up our roots and move someplace else?”

Read the full Under Armour takes over Tide Point story at the Baltimore Sun.

Images via Sam Gordon Photography