Zom Looks to Build Apartment Project at Hospital Site

BALTIMORE—Zom Holding Inc. plans to build a 350-unit apartment building near the Inner Harbor. The Orlando, FL-based developer is reportedly in talks with the owner of the former University of Maryland Specialty Hospital on how it could build the project on the more than two-acre parcel.

Zom is looking to build a six-story apartment building at 601 S. Charles St. and is in talks with the Abell Foundation, which purchased the former hospital for $7.5 million. The foundation purchased the property with the intent to establish a charter school on the property. Zom could potentially acquire the former hospital building from Abell or enter into a partnership with the organization on the project, according to the Baltimore Business Journal.