Archive for the 'Real Estate' Category

Feb 03 2008

Has Pigtown become the next Federal Hill?

Published by Jeff under Houses, Real Estate, Uncategorized

I was intrigued when I read an article the other day reporting that a developer plans to build 99 new townhouses and condos in Pigtown near th B&O railroad museum (expected to go on sale in 2010).? The developer also wants? to revitalize a block? of Pigtown’s commercial district along Washington Blvd. bringing new restaurants and shops.? Pigtown has been gentrifiying for a while, but I didn’t expect to hear this kind of announcement.? It’s definitely a good thing for the area.? Maybe it has to do with Pigtown’s name change to “Washington Village”, but has this area finally become the next Federal Hill or Canton?? Seems like there might be no stopping it at this point, especially with University of Maryland creeping across MLK.? However, I haven’t been over that way in a while.? I’m interested to hear perspectives from anyone who lives over there…especially the early pioneers…as to how redevelopment is going in that area.?

Share/Save/Bookmark

28 responses so far

Jan 30 2008

McHenry Row - Locust Point Update

For those not familiar with the McHenry Row project, it is the large retail & residential development project currently in progress in Locust Point. Read these posts for some more background.

Baltimore’s McHenry Row - Panera, Starbucks…
McHenry Row - Baltimore - Locust Point

If you have driven down Key Highway recently, you know the McHenry Row construction is well under way on the first structure - the parking garage.? It appears the earlier reports of Harris Teeter being the grocer and anchor store, are about to become true. Developer Mark Sapperstein? hopes that the deal will soon be announced. The store will be their largest location and will likley stay open 24 hours. If what’s being said is true - this will be the nicest grocery store in the city. It’s proposed to have a high-end selection of prepared foods, deli/butcher, bakery, seafood, sushi bar, cheese bar, on-site pizza makers, etc. The store will have a big focus on fresh produce and organic products. The projected completion for the grocer is Summer/Fall 2010, months after the residences will open.

Harris Teeter opening a Baltimore location is a bit of a stretch for them. It’s outside of their existing geographic area, and this area of Baltimore does not yet support their typical demographics.? The success of the overall project, and bringing in additional high-end retailers, really hinges on locking in Harris Teeter.? Once that happens the other tenants should be lining up.? I’ve heard that Starbucks and two banks are likely, and Panera, Cosi, Cold Stone, Legal Sea Food and other restaurants are possible.? If the project plays out as hoped, it will certainly become one of the nicest retail centers in Baltimore.

Sapperstein is also planning on doing some interesting lighting and signage on the existing water tower at the site. He’s proposing to use some variation of neon or a well lit sign, as well as some automated lighting effects that “go off” every 7 minutes. It sounds a bit cheesey, but is supposed to play off existing Baltimore landmarks like Domino Sugar, Phillips Crab, Natty Boh, and UTZ signs.

Key highway will also undergo a large amount of work that includes a landscaped medium between the existing four lanes.

Share/Save/Bookmark

One response so far

Jan 29 2008

Master Plan for Charles North

Baltimore’s development arm, the Baltimore Development Corporation (BDC) recently released a snapshot of their master plan for the Charles North Area, AKA Station North, north of Penn Station.?

Charles North

While the plan calls for higher density high rises, including a 60 story building, it seems unlikely that any of those would come to fruition in the near future, although the BDC has plans to acquire about 18 properties to start the revitalization process.

? The most tangible aspect of the plan could be the addition of a boutique hotel to the top three floors of Penn Station in conjunction with a renovation/expansion of the train station and concourse as reported in the Baltimore Business Journal.? http://charlotte.bizjournals.com/baltimore/stories/2007/10/15/story7.html

? I’m curious to hear what people think about a potential 60 story building in this neighborhood.? Add your comments or shoot me an e-mail.

jeffcantonite@yahoo.com

Share/Save/Bookmark

4 responses so far

Oct 16 2007

Baltimore’s Unsold Condo Units Rise to 5,091

Published by Glen under Condominiums, Real Estate

baltimore-condos.jpgToday’s Baltimore Sun article discusses the surplus of condos on the market.? However, out of the 5,091 vacant condos in the Baltimore metro area, only 865 are in Baltimore City. This is surprising given the number of large-scale condo projects underway. Continue Reading »

Share/Save/Bookmark

No responses yet

Oct 05 2007

New York Times: For Baltimore, Housing Slump Slows a Revival

Published by Glen under Real Estate, Resources

Yesterday’s New York Times had a feature article on Baltimore.? ? It’s an interesting read, but probably overplays the affect the nationwide housing downturn has had on Baltimore development and real estate.? It also probably overestimates the affect of Washington commuters on Baltimore.

For Baltimore, Housing Slump Slows a Revival

LOUIS UCHITELLE

Published: October 4, 2007
New York Times?
Baltimore housing
Colorful banners, draped across buildings like giant flags, urge people driving through Baltimore’s rebuilt downtown neighborhoods to move into the new condos and apartments inside. “Sophisticated Urban Living W/Garage and Gated Off-Street Parking” one sign declares in the long campaign to gentrify the central city.
Continue Reading »

Share/Save/Bookmark

One response so far

Oct 01 2007

Turner’s Baltimore Development Projects

Published by Glen under Real Estate, Resources

? The Turner Development Group’s website has a nice overview of their projects with some interesting models and interior pics. Check out the Westport plans, and Federal Hill Lofts pics.

Projects Gallery

Share/Save/Bookmark

No responses yet

Sep 25 2007

Baltimore & Locust Point from the top of Silo Point

Published by Glen under Condominiums, Locust Point, Real Estate

Staying on the Silo Point theme…? Jeff was kind enough to share theses great pictures that were taken from the top of Silo Point during the initial demo/pre-construction.? These give you an idea of the great views that these condos will have.? And I assume the top? units will have even better views.? Interesting seeing these “aerial” views of Locust Point.

Continue Reading »

Share/Save/Bookmark

3 responses so far

Sep 21 2007

Million Dollar Front Row View of Graffiti

Published by Glen under Condominiums, Locust Point, Real Estate

I took these updated shots of the Silo Point development in Locust Point.? I found the first one ironic. You can spend a million dollars to live in one of the nicest properties in Baltimore, but you can’t get rid of the graffiti covered train cars parked in your front yard.

Silo Point construction Locust Point Baltimore? silo-point2.jpg? ?
Silo Point construction Locust Point Baltimore

Share/Save/Bookmark

One response so far

Sep 10 2007

Big plans for Mount Vernon

Article? from? The Examiner about new development in Mount Vernon?

Part of Mount Vernon is getting a makeover, thanks to a pair of developers with big plans.? Two large buildings at the north end of the 800 block of Park Avenue are the targets of new development projects. One, the historic Brexton Building, will be turned into a boutique hotel. Across the street the Waxter Center, a senior center, will be rebuilt at an adjacent site along with a 600-unit apartment-condominium complex targeted to young professionals and grad students.

Full article

Share/Save/Bookmark

No responses yet

Sep 04 2007

Downtown Baltimore entices different demographic

Published by Glen under Locust Point, Real Estate

Came across this article? by The Daily Record talking about how Baltimore is drawing a diverse crowd back into the city. ? Young professionals, empty-nesters, etc. Nothing new, but some nice photos of Silo Point and McHenry Point developments in Locust Point. And an interesting quote;

Despite this, what is going to be the hot city neighborhood in the next five to 10 years? When Archibald asks a young Realtor in her office, the response is Locust Point. “The people who live there love it, and it is a safe neighborhood,” she says.

View full PDF.

Share/Save/Bookmark

One response so far

« Prev - Next »

Baltimore Blog - Real Estate, Development, and Life in Baltimore Maryland