Baltimore Arts Realty Corp. has unveiled its latest project in Station North Arts & Entertainment District.
On Wednesday, the company announced it was creating Open Works, a $10 million incubator in a 34,000-square-foot facility located at 1400 Greenmount Ave. The building will offer architects, artists, designers and entrepreneurs access to studio space via month-to-month space rentals and measurement, according to a news release.
“Advanced manufacturing is going to change the way the 21st century economy produces goods around the world. Open Works is an important manifestation of the economic landscape to come,” said BARCO Managing Director Mac MacLure.
The company plans to break ground on the project this September and open in the fall of 2016.
The Robert W. Deutsch Foundation, the Abell Foundation, the Maryland Department of Housing and Community Development, and the Maryland Department of Business and Economic Development have provided grants for the initial financing of the project.
Baltimore Arts Realty Corp. also started the $6.5 million rehab this spring of the former Load of Fun Building, 120 W. North Ave., at the other end of Station North. Plans for that building, which was home to the state’s first Ford dealership, include office and studio space as well as a restaurant and bar.