St. John Properties and Somerset Construction Select Elm Street Development to Build 2,000 Homes at Baltimore Crossroads
- Nov 19, 2013
Earlier this year, St. John Properties, Inc. and the Somerset Construction Company unveiled conceptual plans for the $100 million Greenleigh at Crossroads mixed-use development in Eastern Baltimore County, the next phase of Baltimore Crossroads. Now, the joint venture has selected Elm Street Development as the residential development partner for the project.
Greenleigh at Crossroads is a 200-acre development expected to deliver a mixture of mid-rise Class “A” commercial office buildings, retail amenities and housing options. It was designed by the planning and urban design firm Design Collective, Inc., and Baltimore County Executive Kevin Kamenetz called it a town center ”unlike anything else in Baltimore County.” The residential portion of the project includes a mix of single family homes, townhomes, apartments and condos. Construction on the first 2,000 residential units is expected to start in summer 2014.
Both Edward St. John, chairman of St. John Properties, and Mike Caruthers, principal of Somerset Construction, praised Elm Street Development, with Edward St. John calling the McLean, Virginia-based company ”the perfect partner” for the joint venture.
“Eastern Baltimore County residents are ready for an elevated residential product mix that complements the existing luxury apartment community, and we are extremely confident that Elm Street Development can execute our vision for Greenleigh at Crossroads,” Caruthers added in a statement for the press. “This next critical phase of Baltimore Crossroads represents a multi-year program, and Elm Street has demonstrated its understanding of the marketplace, as well as its ability to create distinguished and marketable residential communities.”
Greenleigh at Crossroads is part of the 1,000-acre Baltimore Crossroads mixed-use business community on Maryland Route 43, in White Marsh, about 10 miles from downtown Baltimore. Since 2007, St. John Properties has developed almost 1.2 million square feet of space there. This includes 16 buildings with 500,000 square feet of commercial office, R&D, and retail space. Approximately 3,000 employees currently work in the business community and St. John expects 10,000 people to be employed there when the project is finished. Baltimore Crossroads is designed to support over five million square feet of office, R&D/flex, warehouse and industrial space, 450,000 square feet of retail space, and two hotels.
Photo credits: St. John Properties, Inc.