A development proposal, despite it all
Amidst the drumbeat of delayed and canceled residential projects comes a -- well, whatever the opposite of a drumbeat might be: A developer is proposing to build something. Yes! Really!
As Edward Gunts reports today, Baltimore-based A&R Development Corp. wants to turn several properties, including city-owned land, into "a $17 million apartment and retail complex" near Little Italy. The Baltimore Development Corp., the city's economic development arm, gave the company the right to exclusively negotiate for the property:
A&R proposed combining the city land with several privately owned parcels to create a five-story mixed-use project containing 107 rental apartments, 156 parking spaces and 18,000 square feet of street-level retail space at the intersection of Central Avenue and East Lombard Street.
A proposal isn't the same as starting construction, of course. But it does mean a developer sees light at the end of the tunnel -- no matter how far off.
What sorts of things do you want to see built in the region? Or are you of the opinion that less construction is good?
And help me out here: What is the opposite of a drumbeat?