In downtown housing news ...
Lorraine Mirabella reports today that construction finished yesterday on The Zenith, a 191-unit apartment tower on Pratt Street, and is nearly done on the former Baltimore Gas and Electric Co. headquarters on Lexington Street, which is being turned into an 183-unit apartment complex:
Both projects are expected to be big contributors to the transformation of downtown from a predominantly business district to an area where people live and shop as well as work. They are part of the 3,265 rental units that have been added since 2000 downtown, which was double the number of downtown apartments it had a decade ago, said Bob Aydukovic, vice president of economic development for the Downtown Partnership. ...Despite a slowdown in the for-sale side of the housing market, interest in leasing has grown and rents are rising, Aydukovic said.
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Comments
any word on what restaurant will be built on the first floor of the Zenith? thanks
Posted by: T | January 19, 2008 12:13 PM
That's apparently still in the works. Lorraine Mirabella's story reports that the developers "are negotiating with a restaurant tenant to open on site, possibly by summer."
Posted by: Jamie Smith Hopkins | January 19, 2008 1:50 PM