Jun 08 2008
Ritz-Carlton Development Article
There’s an interesting article on the MD Daily Record site about the Ritz-Carlton development adjacent to Federal Hill.
? “[Our residents] are very busy people,” said Gabe Pasquale, head of sales and marketing for the development. “They’re very active. They’re captains of industry and very engaged in their business. The concept here is anticipating their needs so you can simplify their lifestyle.”
Condos start at $1.3 million and peak at $5.5 million for one of three 5,000-square-foot penthouses, all of which have been sold, according to RexMidtown.
“We have sports figures, people of the arts, people who don’t want to be bothered taking care of themselves,” Rechler said. ”This is a product that Baltimore does not have.”
“Without Ritz-Carlton, without Silo Point, I’m not sure Harris Teeter would come,” Harrington said, referring to the Virginia-based grocer that recently announced it will expand into the Baltimore area. “That’s an upscale grocery. Why would they come if they didn’t think it was an upscale market?”
3 Comments to “Ritz-Carlton Development Article”
Leave a Reply
You must be logged in to post a comment.
Harris Teeter is nice, but I’m not sure it’s “upscale” – definitely not Whole Foods level.
I’m not really sure what a standard Harris Teeter looks like, but this one sounded upscale during the developer’s presentation. Lot’s of prepared foods, pasta bar, cheese bar, sushi bar, pizzas to order, etc. Whether that is what ends up being built is another question.
I used to go to Harris Teeter all of the time when I was in college. I would equate it to like a Grauls or a Fresh Market… a bit more upscale than the usual fare, but not necessarily gourmet. They don’t do the organic food like Whole Foods. Harris Teeter’s prepared food is incredible…great to pick up for a meal on the way home from work. Harris Teeter will fit in great…in both Canton and Federal Hill. People will flock to them. I guarantee it.