Time Group Real Estate Investment Thursday unveiled schematics for a modernist residential apartment building at 500 Park Ave. The developer presented initial plans for an “L” shaped, six-story building with 153 apartments to the Urban Design and Architecture Review Panel. ...Read More »
The first quarter of 2015 gives reason for optimism about the Class A apartment markets in the Baltimore metro market and the Maryland suburbs of Washington, D.C., according to a report from Delta Associates. But the quarter itself? Not good. In the report, Delta Associates, a Washington, D.C., based commercial real estate research firm, found that rents decreased and vacancy rates increased in both markets compared to the first quarter last year.
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According to data from the National Multifamily Housing Council and the National Apartment Association, apartment construction, operation and resident spending contributed $7.9 billion to the local economy and supported 72,800 job in the Baltimore metro area 2013. The findings don’t really ...Read More »
A Baltimore County review panel is scheduled to scrutinize site plans for the proposed $350 million Towson Row development. Demolition to make way for the project could begin in the next few weeks. The county’s Design Review Panel is scheduled ...Read More »