If approved, when the dust settles on the $500-million project, it will boast 1.2 million sf of office space in two 12-story buildings, a 300,000-sf hotel and conference center, another 117,000-sf hotel, 142 townhouses, 345 apartments and retail. It will also generate some 2,000 permanent jobs and $5 million in annual tax revenues.
City elders have tapped S. Hekemian Kasparian Troast LLC to submit a redevelopment plan, and HKT has hired Columbia, MD-based master planner LDR to help carry out the task. LDR was responsible for Baltimore's Inner Harbor. A public forum on the development will be held May 2 at 7:30 pm at Dwight Morrow High School.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
