Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BALTIMORE, MD-Spinnaker Bay gets underway with the groundbreaking of a $90-million mixed-use development that will occupy an entire city block of what was once a series of parking lots in the Inner Harbor East area of downtown. Developers the Bozzuto Group and H&S Properties Development Corp. expect to debut the residential/retail complex by summer 2004.

“Our city is moving forward with new development, new housing, the prospect of new retail, and much needed parking,” Baltimore mayor Martin O’Malley says in a statement to the crowd attending the ceremony. “With Inner Harbor East coming to life, we have an incredible opportunity to bridge strong neighborhoods together.”

Upon completion, Spinnaker Bay will feature 316 luxury apartment rentals, 32 condominiums for sale, 43,000 sf of retail space and parking to accommodate up to nearly 430 vehicles. Designed by SKG Architects, Beatty Harvey Fillat Architects and engineering firm Morris & Ritchie Associates Inc., the waterfront development will feature a façade of varying heights from eight stories to 18 stories, which will present the illusion of a group of several separate structures. “With its vibrant urban setting and terrific site overlooking the harbor, we are confident that Spinnaker Bay at Harbor East will emerge as one of the city’s most popular residential addresses,” says Tom Bozzuto, president and CEO of The Bozzuto Group.

Spinnaker Bay will join a series of other new developments that have been constructed or will go up in the long-overlooked Inner Harbor East portion of the city. H&S is responsible for several of those projects including the new $132 million 750-room Baltimore Marriott Waterfront Hotel and The Promenade at Inner Harbor East apartment complex. Looking ahead to other developments, a $100 million Four Seasons hotel is planned, as an office structure and a Homewood Suites hotel.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.