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The developer of 414 Light St. secured a $107.28 million  loan to build the 44-story apartment tower.   (The Daily Record / Maximilian Franz)
The developer of 414 Light St. secured a $107.28 million loan to build the 44-story apartment tower. (The Daily Record / Maximilian Franz)

Developer: Tax credit makes 414 Light St. project possible

The developer of a 44-story mixed-use luxury apartment tower in Baltimore said the project wouldn’t be possible without a tax credit the city passed in 2014. Steve Gorn, president and CEO of Questar Properties, during a groundbreaking event for the 414 Light St. project, praised the 10-year tax credit for market-rate units for making the development ...

About Adam Bednar

Adam Bednar covers real estate and development for The Daily Record.

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