Apartments Proposed for Vacant Baltimore City Buildings

Downtown Baltimore is expecting hundreds of apartments to open in the next few years. There are a number of underused office buildings with plans to convert to apartments.  With nearly 100% occupancy, there should be floods of development.  The latest announcement includes a 520,000 square foot office building in downtown Baltimore converting to 445 apartments at 10 Light St.  Historic tax credits and newly proposed apartment construction credits by the mayor is creating a flurry of adaptive re-use and opportunities to rehab older buildings.

 Source: Harbor Stone Advisors Commercial Group