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Samuelson’s was founded in 1922 by Aaron Samuelson, the oldest of the Samuelson brothers. It was located at 902 Pennsylvania Avenue in what was once Baltimore’s main urban shopping area. In 1935, Milton Samuelson, father of our current president Steven Samuelson, bought the business from his brother. From the original Samuelson’s sprung several other businesses, all of which were owned and operated by one of the five Samuelson brothers. Crown Jewelers was opened down the street, and Tommy Tucker Five and Dime shops opened all over the city. These businesses were all started with the financial backing of the original Samuelson’s that was started in 1922.
In 1963, Steven Samuelson, our current President, started working full time alongside his father, Milton. In 1972, the business was moved to 426 West Baltimore Street, at the western edge of downtown Baltimore, which borders The University of Maryland Campus, where it remains today. Milton Samuelson had the foresight to buy the building and several other buildings on West Baltimore Street. In 1994, Ron Samuelson, the third generation, came on to work full time. At that time, Ron began to discover his passion, buying and selling diamonds, watches and jewelry. In 1997, Ron created SamuelsonsDiamonds.com, bringing new customers to the store. In 2003, Ron’s brother-in-law, David Dannenbaum, joined the team and brought new business ideas and strategies to Samuelson’s with his MBA background. With the new generation of Samuelson’s at the helm, came a new business with new ideas and purpose.
Coming soon is a new look for Samuelson's and the rest of our downtown neighborhood! Steve, Ron and their team of developers plan on rebuilding the entire 400 block of West Baltimore Street to make an exciting area serving Hippodrome Theater-goers, business people and University of Maryland graduate students.
Baltimore's Hippodrome Theater was built in 1914, just before World War I, and designed by the leading theater-architect of the time, Thomas W. Lamb. Once the center of social activity on the Westside, the theater had quietly deteriorated over the past few decades, standing only as a prominent reminder of a formerly vibrant district. The restoration of this theater, and the redevelopment of the Westside that it has inspired will continue to enable the City of Baltimore and our region to move to the next stage of quality and competitiveness. We look forward to leading this new and exciting time in our neighborhood and in downtown Baltimore. Come by and take a look! |
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