BDC seeks pro­pos­als for down­town prop­erty

Baltimore Sun - - NATION - —Sarah Gantz

Af­ter re­ceiv­ing an un­so­licited pro­posal to pur­chase and re­de­velop prop­erty at 111 S. Hanover St., the Baltimore De­vel­op­ment Corp. is seek­ing pro­pos­als from any other in­ter­ested buy­ers and de­vel­op­ers.

The city-owned prop­erty is a 23,612square-foot par­cel along Pratt Street be­tween Charles and Hanover streets, in front of the Bank of Amer­ica build­ing. The prop­erty is pri­mar­ily oc­cu­pied by a foun­tain on the cor­ner at Charles Street. The Bank of Amer­ica build­ing at 100 S. Charles St. was pur­chased last year by Car­lyle De­vel­op­ment Group of New York and re­named Pratt Cen­ter.

The firm said then it planned to spend $20 mil­lion to ren­o­vate the build­ing, pos­si­bly in­clud­ing bump­ing its foot­print out to­ward Pratt Street to add 25,000 square feet of street-level re­tail.

Pro­pos­als are due by 4 p.m. Oct. 1.

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