Sta­dium Square build­ing to open this spring

Baltimore Sun - - MARYLAND NATION - By Natalie Sher­man nsh­er­man@balt­sun.com

The de­vel­op­ment firm over­haul­ing an in­dus­trial area near Bal­ti­more’s sports sta­di­ums ex­pects its first new build­ing to open this spring, with oth­ers not far be­hind.

Sharp-Lead­en­hall could see about 100,000 square feet of new of­fice space open by the end of next year as part of the $275 mil­lion Sta­dium Square re­de­vel­op­ment, said de­vel­oper Arsh Mir­mi­ran of Tow­son-based Caves Val­ley Part­ners, which marked a con­struc­tion mile­stone by top­ping off its first of­fice build­ing on Wed­nes­day.

The firm ex­pects to com­plete a $19.5 mil­lion, six-story of­fice build­ing at 145 W. Os­tend St. by the end of March, Mir­mi­ran said. The firm also has started de­mo­li­tion at the for­mer Vac Pac build­ing at 150 W. Os­tend St., a 30,000-square-foot build­ing the firm plans to con­vert into of­fices and a res­tau­rant, with the hope of re­open­ing it by the end of 2017.

A few blocks north, Texas-based Hanover Co. is on track to open its first apart­ments by the end of May, fin­ish­ing the build­ing by the end of the sum­mer, Mir­mi­ran said.

Mir­mi­ran said the next project to break ground will be a com­mu­nity cen­ter on the grounds of the Lead­en­hall Bap­tist Church.

The firm also is work­ing with the city on a plan for Cross Street Mar­ket, as well as ad­di­tional city-funded in­vest­ments in the area’s in­fra­struc­ture and the Solo Gibbs park. It also has started plan­ning for an­other large apart­ment build­ing and an af­ford­able hous­ing project for veter­ans, which would in­volve the af­ford­able hous­ing de­vel­oper AHC Inc. and Bal­ti­more Station.

The firm is ne­go­ti­at­ing with tenants for the of­fice build­ings and hopes to be largely leased once it opens, he said. An ear­lier agree­ment with United Way fell through.

The city ex­pects to spend about $1 mil­lion im­prov­ing in­fra­struc­ture in the area, en­sur­ing that wa­ter and sewer lines, and other util­i­ties, can han­dle the added de­vel­op­ment, Bal­ti­more De­vel­op­ment Corp. Pres­i­dent Bill Cole said.

ROB CARR/GETTY

Un­der new rules an­nounced Wed­nes­day, air­lines will have to re­fund bag fees for “sub­stan­tially” de­layed lug­gage.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.