A long-vacant downtown Baltimore building is set for transformation into a $26 million mixed-use development featuring affordable housing. "Sojourner Place at Park" will redevelop six properties at Fayette and Liberty streets, announced the Baltimore Development Corporation today with WMAR 2. The city's Board of Estimates approved the project, paving the way for nonprofit developers HCH Real Estate Co. and Episcopal Housing Corp. to break ground by mid-2025. The 48,000-square-foot development will include one-bedroom apartments and ground level retail, revitalizing a corner near CFG Bank Arena after years of failed redevelopment efforts. Read the full story on the BBJ or Baltimore Fishbowl.
10.02.2024
“We are proud to welcome OneDo Coffee Roasters to Rash Field, a valuable amenity addition that will undoubtedly enhance the park experience for local families and visitors alike,” said Dan Taylor, Managing Director of Business and Neighborhood Development at the BDC, in a statement. “This partnership highlights BDC’s continued role in the Inner Harbor’s evolution, our commitment to the ongoing development and revitalization of Rash Field Park, and our unwavering support for local minority-owned businesses.”
08.07.2024
“Hellenic Cable’s decision to select Wagner’s Point as the location of its state-of-the-art manufacturing facility is a testament to our thriving business environment and our commitment to encouraging innovative companies to continue to choose Baltimore City,” said Baltimore Development Corporation President and CEO Colin Tarbert. “BDC is proud to play a pivotal role, serving as a one-stop shop for Hellenic during the site selection process, and will continue to provide informed guidance as the project moves forward.” Read the full article on CityBiz.
07.19.24
Colin Tarbert, the BDC president and CEO, responded to my question about parking at Harborplace:
“The administration understands that the plan does not include onsite structured parking [a parking garage]. This is consistent with the Zoning Code, which, like many large cities, does not require parking for new downtown developments..." "Ultimately, the market will determine if connected parking is needed to lease apartments or office space. However, the trend has been a decline in the need to build parking...", read more about the interview on Baltimore Sun Columnist Dan Rodricks' blog.
07.28.2024
Alarm over the state of the historic central business district is not new, said Colin Tarbert, president and CEO of the Baltimore Development Corporation. In a recent article from the Maryland Daily Record Tarbert said, “I’ve seen the traditional central business district turning into much more of a mixed-use residential neighborhood for some time now.” The BDC and our stakeholders remain hopeful about the future of Downtown.
06.23.2024
