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Seawall Developmenteawell Development co-founder and president Thibault Manekin once said he prefers to think of his company as “social entrepreneurs” more than developers, and Seawell continues to build on that.

Founded in 2006 by Manekin and his father, Donald, Seawall’s first completed project was Miller’s Court in the Remington neighborhood. A 100-year-old tin can factory was transformed into discounted apartments for teachers and office space for nonprofits.
Now, Seawall is in the spotlight, leading the $40 million redevelopment of the historic Lexington Market, a high-profile project looking forward to a 2022 reopening.

“We really do believe that all of Baltimore has a responsibility to participate to help bring Lexington Market back to life,” Manekin said in January. “We all have a Lexington Market story and there is no room for people to sit on the sidelines and hope everyone else does the heavy lifting.”

Seawall’s other high-profile projects have included the R. House in Remington, a former auto body shop transformed into an 11-vendor food hall with a central bar designed to help chefs enter the restaurant business; Union Collective in the Hampden neighborhood, where Seawall built a space for the community, retail and manufacturing around local startup Union Craft Brewing; and its 30×13 project, where it renovated 30 Remington rowhomes in 2013 for teachers who wanted to live in the community.

“We are humbled by the work we get to do with partners and community members throughout Baltimore, and look forward to continuing to reimagine real estate so it works to empower communities, unite our cities, and help launch powerful ideas,” Manekin said.

This is a winner profile from The Daily Record's 2020 Excellence in Construction & Real Estate awards.