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urbanvb

Baltimore Construction and Housing

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Looks like Howard County wants more moderatedly priced housing to be included in the urbanization of Columbia's Town Center. The article can be found in the Baltimore Sun. I think its great they have this initiative. I am aware of several large scale urban projects going on elsewhere that most people are priced out of.

According to Howard County's Planning and Zoning website, the Town Center will include 600,000 sq feet of additional commercial space and 1.600 residential units. Wow, that is huge! The Center's own website can be found here.

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St. Regis Hotel off the table; Philly firm eyes condo tower

The new owner of the prime downtown Baltimore parcel at the corner of Light and Conway streets has scrapped plans for a St. Regis Hotel. Instead, ARC Wheeler LLC of Philadelphia is planning condominiums, some retail space and possibly a smaller, boutique hotel, said John Voneiff, director of southeast operations for the Pennsylvania development firm.

story

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32 Townhomes Coming to Station North

Mayor O'Malley joined an enthusiastic crowd in Greenmount West on Tuesday, November 29 to officially break ground on the Station North Townhomes. Developed by PennLofts, LLC, the new homes will replace an unattractive storage and parking facility on the one-acre site.

article

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Debate over 22-story tower focuses on height

Some opponents of Columbia proposal overestimate authority of workshops recommending 20-story limit

Precisely how Columbia's Town Center will evolve remains under debate, but two things are becoming clearer: Many residents oppose a planned 22-story tower overlooking Lake Kittamaqundi, and many of those same people appear to have an inflated view of the weight of the recently completed workshops on the future of Columbia's heart.

article

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Already registered. Will try BugMeNot. I think there is another rendering in the Norfolk Hilton thread (all 297 pages of it). You are right, though- it is difficult to tell much from the fuzzy images given.

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That is huge indeed. I found another article which may tie in with that one.

New housing developments that would add more than 700 mostly market-rate homes to two Baltimore neighborhoods were unveiled yesterday before a city design panel.

In a second major new development proposed for Greektown, a Towson developer hopes to construct about 230 "two-over-two" market-rate townhouses on about 115 lots, with two units in each four-story structure, on an industrial site north of Gough Street.

And Claremont Freedom Village in Northeast Baltimore will have an estimated 475 market-rate and subsidized townhouses and apartments.

The projects come at a time when the city is experiencing a boom in housing construction, with more than 7,000 new homes in the planning pipeline.

Amazing!!

article

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Looks like housing is soaring in MD communities!

Housing values in many Maryland communities soared 67 percent over the past three years, the largest percentage increase in 25 years. In some suburbs near Washington and Baltimore, those values rose even more.

article

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This isn't new construction, but the Harbor Court has been sold for $78 million and will be re-flagged as an InterContinental hotel. I think the re-branding will possibly help the hotel, but I wonder if some of its identity will be lost. From the Baltimore Sun...

http://www.baltimoresun.com/business/bal-b...iness-headlines

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Dundalk apartment complex to get overhaul

Community centers planned there and at old YMCA; building rehab part of $2.3 million streetscape project

Renovations are to begin this month on an aging apartment complex on Dundalk Avenue in an area where work has begun on a streetscape improvement project.

Cummins Apartments, which will be renamed Portside Apartments, is to receive a new clubhouse-style community center, air conditioning and locked foyers, said an official with the development company that purchased the complex.

article

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Struever, Magic Johnson team on Mt. Vernon project

The real estate company backed by basketball legend Earvin "Magic" Johnson is making its second investment in Baltimore City.

Canyon-Johnson Urban Funds is partnering with local development firm Struever Bros. Eccles & Rouse Inc. on a $34.6 million urban, transit-oriented, mixed-use project in Mount Vernon.

The new development, located at the corner of Biddle and North Charles streets, will include 88 condominiums, 15,000 square feet of retail space and 140 parking spaces.

article

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O'Malley Erases the Past- Again

Mayor Martin O'Malley has (once again) sided with the forces which would pve Baltimore's past for a parking lot. In this case, the Rochambeau Apartments on Charles Street will be erased for a "prayer garden" adjacent to the Basilica of the Assumption. While the Basilica is more historically and architecturally valuable than the Rochambeau, the destruction of the latter is both needless and foolish. O'Malley's preservation record is not good. Remember the Southern Hotel at Light and Redwod Streets? Though his stewardship, it has been replaced with an undistinguished Residence Inn. Shame on Mr. O'Malley and the Archdiocese of Baltimore.

The Baltimore City Paper

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Developers picked for Pigtown sites

The Baltimore Development Corp. has picked two developers to revitalize two sites in the Pigtown/Washington Village area of the city.

story

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Going from boom to glut

Homeowners are finding that houses are on the market longer, sometimes requiring markdowns

Tom Mooney figured $645,000 was a reasonable price for his five-bedroom Colonial in Towson - $15,000 more than the last similar house in his neighborhood sold for.

That was three months and four price drops ago. He's asking $575,000 now, facing a two-mortgage future if a deal doesn't materialize before he settles on his new home next month. By some measures, the Baltimore area's housing market is the slowest it has been in six years.

story

This is happening in a lot of areas now as prices start to return to somewhat normal.

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Towson Commons owner gets $30M expansion go-ahead

The owner of the Towson Commons mall received permission late last week to combine two adjacent properties with the mall as part of a planned $30 million expansion.

Washington, D.C.-based Western Development Corp. hopes to redevelop the mall, and it applied to Baltimore County in the summer to include 40 W. Chesapeake Ave., which includes a six-story office building, and 10 W. Chesapeake Ave., the site of a multi-level parking garage, as part of its expansion

story

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City's development arm makes play for Pigtown property

55832-400-0.jpg

The Baltimore Development Corp. is pressing ahead with eminent domain proceedings against the Pigtown property owner that claimed in a lawsuit filed last spring that the city's economic development agency tried to scare away a buyer to take the land for a revitalization project.

story

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City's high foreclosure rate spurs hotline, counseling

Even as the number of foreclosures in Baltimore dropped more than 8 percent over a four-year span, according to a new study, the rate of foreclosures compared to the number of homeowners in the city was almost twice that of Philadelphia, a trend that has cost the city $1.8 billion.

story

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Developer drops plan to turn old brewery into apartments

Bozzuto Homes Inc. has backed out of a deal to buy the former Baltimore Brewing Co. building in Little Italy because of concerns raised about the developer's plans to construct a seven-story apartment complex at the site.

http://baltimore.bizjournals.com/baltimore...9761600^1353089

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Middle River auction winner weighing county 'Renaissance' development program

The prospective owner of the 50-acre Middle River Station in eastern Baltimore County plans to work with county residents and officials to redevelop the former aircraft manufacturing plant into a "jewel" for the county.

story

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West side redevelopment gets funding

A local development team has launched a $7.2 million project in the city's downtown west side area that will create 25 new apartments and just under 2,000 square feet of commercial space, Baltimore Community Lending said Wednesday.

story

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