Howard Bank is increasing its presence in Baltimore by opening its second branch, this one in the Remington neighborhood.
The 2,000-square-foot branch will be located at Seawall Development Co.’s Remington Row apartment community, at 2700 Remington Ave., and tapping into a development that has leased 90 percent of its retail space.
“We like the energy in Remington and its potential for growth,” said Mary Ann Scully, chairman, CEO and president of Howard Bank. “The market represents a diversity of age and income attracting teachers, entrepreneurs, artists and new businesses. We are proud to working with Seawall and help in its transformation of Remington.”
The new branch is slated to open this summer. Howard Bank’s other branch in the city is in Hampden.
Howard Bank and Seawall Development have a history going back before Howard’s plans to open a new branch in Remington. The community bank financed Seawall’s Miller’s Court teacher housing project in 2008.
“(They) have stood by our side, believing in the neighborhood and the City of Baltimore every step of the way. Howard Bank opening up a state-of-the-art branch in the heart of Remington personifies their original vision and meets the needs of the community,” said Donald Manekin, founding member of Seawall Development.
Remington Row is a 250,000-square-foot mixed-use development that includes an apartment building with 108 units. Its anchor office tenant is Johns Hopkins Community Physicians, which has leased 30,000 square feet on the building’s second floor for internal medicine, pediatrics, gynecology and obstetrics.
Other tenants include Rite Aid; Balance The Salon, a hair salon and art gallery; Mend Acupuncture, a Hampden-based business that is expanding its practice to make Remington Row its primary location; and Remington Cleaners, a “green” dry cleaning service.