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MICA to Invest $18.5 Million in Student Housing Projects

MICA to Invest $18.5 Million in Student Housing Projects

By Adrian Maties, Associate Editor The Maryland Institute College of Art (MICA) has announced it will break ground in late fall on a $16.5 million student housing expansion project. The addition will help MICA provide housing for more than half its undergraduates and will also lead the revitalization of Baltimore’s…

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Developers Planning New Housing at Harbor Point

Developers Planning New Housing at Harbor Point

By Adrian Maties, Associate Editor   Baltimore’s Harbor Point is a mammoth waterfront project by John Paterakis Sr. and the developers now intend to make it even bigger. On Thursday, July 5, at a meeting of Baltimore’s Urban Design and Architecture Review Panel (UDARP), representatives of John Paterakis’ Harbor East…

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Home Properties Buys Ellicott City Apartment Community

Home Properties Buys Ellicott City Apartment Community

By Adrian Maties, Associate Editor Rochester, New York-based Home Properties recently announced it has acquired Howard Crossing, an Ellicott City apartment community, for $186 million or $138,000 per apartment unit. The cash deal was closed on June 28. Howard Crossing was constructed in phases from 1968 through 1975. It consists…

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New SoBo LEED Silver Apartment Community Ready for Residents

New SoBo LEED Silver Apartment Community Ready for Residents

By Adrian Maties, Associate Editor In mid-July, last year, Chesapeake Realty Partners started work on a $32 million project at 1901 S. Charles Street, answering the growing need for rental housing in the Baltimore area. Now, a year later, a new apartment community in South Baltimore is getting ready to…

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St. John Properties Starts Work on Two New Office Buildings at The GATE

St. John Properties Starts Work on Two New Office Buildings at The GATE

By Adrian Maties, Associate Editor   The Government and Technology Enterprise (The GATE) project is getting ready to welcome two new single-story, Class ”A” office buildings as St. John Properties has recently started work on 6170 and 6160 Guardian Gateway.  Just a few months ago, St. John broke ground on…

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Stavrou to Build Townhomes in South Baltimore

Stavrou to Build Townhomes in South Baltimore

By Adrian Maties, Associate Editor After nearly five years without any new towhnhome construction, the South Baltimore townhome market seems to be coming back to life. Steve Strohecker broke ground a few weeks ago on a four-townhome project. He is now followed by Annapolis-based Stavrou whose project will bring 10…

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New Senior Housing Coming to West Baltimore

New Senior Housing Coming to West Baltimore

By Adrian Maties, Associate Editor Enterprise Homes and Capital One Bank broke ground on Thursday, June 7, on The Greens at Irvington Mews, Baltimore’s newest senior housing development. Baltimore Mayor Stephanie Rawlings-Blake, Secretary Skinner, Enterprise Homes President Chickie Grayson and other officials attended the ceremony. Located on the city’s west…

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Eastpoint Mall Auctioned for $30M

Eastpoint Mall Auctioned for $30M

By Adrian Maties, Associate Editor The Eastpoint Mall in Dundalk, MD sold May 29 at auction for $30.3 million, barely one-quarter of the asking price it commanded in 2006. LNR Property LLC, a Miami Beach, Fla.-based real estate investment firm, submitted the winning bid. Tidewater Auctions LLC of Towson handled…

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Developers Plan $100 Million Development in Columbia

Developers Plan $100 Million Development in Columbia

By Adrian Maties, Associate Editor The city of Columbia may see a new apartment and retail complex in the near future. On Tuesday, May 22, officials with Orchard, Kettler and Howard Hughes Corp. presented plans at The Rouse Company Foundation Student Services Hall at Howard Community College, for a $100…

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Enterprise Reopens Harper House Affordable Housing Community in Howard County

Enterprise Reopens Harper House Affordable Housing Community in Howard County

By Adrian Maties, Associate Editor   Enterprise Homes has re-opened Harper House. The Columbia apartment building has received a $21 million total building “green” makeover. Enterprise is celebrating its 30th anniversary this year, and the building is a tribute to Jim Rouse (April 26, 1914 – April 9, 1996), Enterprise’s…

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Towson City Center Almost Fully Leased as Opening Nears

Towson City Center Almost Fully Leased as Opening Nears

By Adrian Maties, Associate Editor The Towson Town Center is almost fully leased just weeks before opening. Cassidy Turley has been leasing the building on behalf of the owner Caves Valley Partners. On May 2, Cassidy Turley announced that only two floors of the 12-story building have not been leased. Located on…

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Two 30-Story Apartment Towers will Replace Baltimore’s Mechanic Theatre

Two 30-Story Apartment Towers will Replace Baltimore’s Mechanic Theatre

By Adrian Maties, Associate Editor Since it opened in January 1967, the Morris A. Mechanic Theatre was for many years Baltimore’s primary venue to host touring Broadway plays and feature major productions. However, those days are now long gone. In time, the theatre became obsolete as it was too small and…

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