This Week's Baltimore Deal Sheet
Baltimore's preservation panel is slated to consider allowing a developer to demolish some of the buildings on the site of the abandoned Super Block project on downtown's Westside to clear the way for a $100M development.
The Commission for Historical and Architectural Preservation is scheduled on May 9 to consider approval of razing properties at Fayette and Howard streets, the Baltimore Business Journal reports.
Developer Westside Partners LLC purchased the former Super Block property in December 2020 for $4.5M, The Baltimore Sun reported. Earlier this year, Tarbert said the city has a development agreement with a team, including the Mayson-Dixon Cos., Pittsburgh-based Vitruvius Co. and urban design firm Hanbury.
According to the Mayson-Dixon Cos., the development team plans to build a mixed-use project on the site called The Compass. The Baltimore Business Journal reported those plans involve 262 apartments, retail and office space.
In an interview in January at the new Lexington Market building nearby, Baltimore Development Corp. President and CEO Colin Tarbert called the former Super Block site the last major city-owned hurdle to clear in rejuvenating the Westside.
"The major piece of the puzzle is the Howard Lexington, which we used to refer to as the former Super Block ... that's the big project," Tarbert said.
DEVELOPMENT
The Howard Hughes Corp. celebrated the ceremonial opening of its entertainment and dining concept, The Collective, on Wednesday in Downtown Columbia. The building, home to restaurant The Offshore and small concert venue Encore, is envisioned as an anchor in the transformation of the Lakefront District. Howard Hughes said the Lakefront District transformation is central to its 30-year master plan to transform Downtown Columbia.
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Baltimore Public Markets Corp. started work Monday on its $2.1M overhaul of the Hollins Market in West Baltimore. The federal government, the state and the West Baltimore Renaissance Foundation are financing the project, which includes the construction of seven new vendor stalls. Companies working on the project include architects Twopoint Studio LLC, interior design firm Reidy Creative and kitchen designers Savoy Brown.
THIS AND THAT
Cube Cowork founder Tammira Lucas plans to crowdfund $100K to build another 15K SF space in Baltimore or Atlanta, the Baltimore Business Journal reported. Lucas Founded Cube Cowork in 2016 as a space tailored to the needs of entrepreneurial mothers. Over the next several years, the concept steadily grew at 4709 Harford Road before fully taking over the space in 2021.
PERSONNEL
Baltimore-based Continental Realty Corp., which owns and operates a multifamily and shopping center real estate portfolio exceeding $3.5B, announced the promotion of Haley Donato to senior vice president of asset management and finance. Donato has worked for the company since 2012 and formerly served as vice president of asset management and finance. CRC also named Donato to the company's Executive Committee. As a result of Donato's promotion, women make up most of the committee's members.
