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Old August 4th, 2007, 01:58 AM   #5221
jpav
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How the hell does Clarke make any money as a developer when he doesn't develop anything? I really wish the city would take one light from him and sell it to someone else.

Could it be that the part of the pier the hotel will be in is on land and doesn't need reinforcing? Maybe the pilings were just for the boardwalk part.
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Old August 4th, 2007, 02:01 AM   #5222
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Maybe with the new garage on Light St. a major tenant will be more inclined to seek a One Light Street residence.....? No? I didn't think so....

There was what looked like a crew on the Olmstead site today. It might be that they were just the crew from the Village Lofts across the street, since I believe they use the Olmstead site as a staging area, but they appeared to be mulling around and up to something.
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Old August 4th, 2007, 05:49 AM   #5223
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Quote:
Originally Posted by StevenW View Post
and what was that other property?........

Oh Yeah! ONE LIGHT STREET!!!

When will THAT property ever be developed?!
Er, when the temperature in Hades plunges dramatically?
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Old August 4th, 2007, 06:38 AM   #5224
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Quote:
Originally Posted by PeterSmith View Post
Maybe with the new garage on Light St. a major tenant will be more inclined to seek a One Light Street residence.....? No? I didn't think so....

There was what looked like a crew on the Olmstead site today. It might be that they were just the crew from the Village Lofts across the street, since I believe they use the Olmstead site as a staging area, but they appeared to be mulling around and up to something.
I think it's the latter rather than the former. Crews have been moving stuff in and out of there while working on the Lofts. In addition, the crew working on 33rd street seems to be using it too to store road barriers.
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Old August 4th, 2007, 04:02 PM   #5225
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The Charles and the Blackstone are getting some system upgrades after Hopkins purchased the buildings in 2005. If you were around about a month ago you would have seen about a third of the lot filled with ovens that contractors pulled out of the buildings. I almost thought it looked surreally artistic -- until my apartment building became infested with mice and other animals fleeing from the gutted buildings.

One light street would need an anchor tenant to commit to the site if it were to go office. But there's really no tenants around, and at least four buildings with over 100,000 sf of vacant space in the immediate vicinity -- 10 light; the Verizon building at the Inner Harbor; once CareFirst moves, the Bank of America building at the Inner Harbor; and now that T. Rowe Price has renovated most of its offices at 100 E. Pratt, the top three floors of 200 St. Paul Place will become vacant. And the Alex Brown building has over 80,000 sf of vacant space remaining.

I think a good apartment building above parking and retail would be a suitable fit for the site.
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Old August 4th, 2007, 05:17 PM   #5226
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One Light Street will probably end up being the last property developed before all the other big ones.
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Old August 4th, 2007, 05:49 PM   #5227
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Decline in condo inventory a good sign for market
Aug 4, 2007 3:00 AM (7 hrs ago)
by David Francis, The Examiner


Millrace Condominiums in the new Clipper Mill neighborhood formerly housed the Machine Shop ca. 1853 in the historic Clipper Mill Industrial Park off Clipper Park Rd. in Baltimore.
(Arianne Starnes/ Examiner)



Maryland (Map, News) - Condominium availability is consistently down throughout the region, signaling a march toward a healthier overall housing market, according to new data from Metropolitan Regional Information Systems.

The “Mid-Year Trends in Housing” report, which analyzed trends primarily for Baltimore and D.C., indicates that the number of open condos has dropped by 20 percent regionally since June 2006.

In suburban Maryland, there were 14 percent fewer condos available and in D.C. 6 percent less than a year ago.

More than half of the total 303 new condo sales in the Baltimore region during the second quarter occurred in the northern suburbs. However, overall sales were up in Baltimore City from last quarter.
ted scandal may have another chapter

According to real estate experts, sales at smaller condo buildings have been particularly important in turning around what could have been a dire situation where an excessive number of units were built but unfilled.

“That's the high end of a strong market,” said Donna Evers, a Realtor with Evers and Company Real Estate, of the competitive situation at small condos. “Condos go right in with housing. Young people coming to town have really boosted the condo market.”

Jill Landsman, of the Northern Virginia Association of Realtors, said in the past condo sales were brisk, largely because speculators purchased with the intention to flip. When speculators wanted to unload their units, the condo market became flooded.

“I kind of view a condo as the last vestige of affordable housing,” Landsman said. “With the pent-up interest of the speculators to unload their condo, there was dilution of value.”

Examiner staff writer Dave Carey contributed to this report.
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Old August 4th, 2007, 06:10 PM   #5228
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I'm hoping for big news

on 300 East Pratt soon. Also, I thought that Sapperstein moving ahead on his Harris Teeter/office building/250 apartments this week in Locust Point maybe good news for CityScape. It shows that Sapperstein maybe capable of producing a large scale project. On the Balto Dev Site, Citiscape has been revised for 200 apartments and a 175 room hotel.

I really would like to see the Inner Harbor extended to both Fells Point(Harbor East/Point) and Lombard St(Community College Site, Cityscape , 300 East Pratt and Balloon Site).


Quote:
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One Light Street will probably end up being the last property developed before all the other big ones.
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Old August 5th, 2007, 02:18 AM   #5229
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Spend some money tomorrow night at a participating bar/restaurant.

Good cause.

www.zachsowers.com
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Old August 5th, 2007, 02:32 AM   #5230
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Great photo web site!

http://urban-photos.com/news.php
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Old August 5th, 2007, 03:31 AM   #5231
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Great site. Love this pic:
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Old August 5th, 2007, 06:00 AM   #5232
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Yup. It's easily one of Baltimore's most beautiful blocks.
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Old August 5th, 2007, 06:08 AM   #5233
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Quote:
Originally Posted by StevenW View Post
Great site. Love this pic:
That could be N.Y.
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Old August 5th, 2007, 06:57 AM   #5234
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Not sure if this has been posted before, but it's a pretty comprehensive blog on Baltimore development:

http://www.baltimoregrows.com/
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Old August 5th, 2007, 03:54 PM   #5235
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Very nice site.
Thanks.
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Old August 5th, 2007, 08:06 PM   #5236
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Not sure if anyone has posted this yet, but there's a nice animated rendering of Harbor East here at the beginning of the video on the new MAC's sales page.
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Old August 5th, 2007, 08:25 PM   #5237
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Whoa, what's really cool. There are even some pretty tall ones in Harbor Point there. Very cool.
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Old August 5th, 2007, 08:34 PM   #5238
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Hey that is a neat video..
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Old August 5th, 2007, 09:21 PM   #5239
hpal3
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Quote:
Originally Posted by fanofterps View Post
on 300 East Pratt soon. Also, I thought that Sapperstein moving ahead on his Harris Teeter/office building/250 apartments this week in Locust Point maybe good news for CityScape. It shows that Sapperstein maybe capable of producing a large scale project. On the Balto Dev Site, Citiscape has been revised for 200 apartments and a 175 room hotel.

I really would like to see the Inner Harbor extended to both Fells Point(Harbor East/Point) and Lombard St(Community College Site, Cityscape , 300 East Pratt and Balloon Site).
600' Plus hopefully
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Old August 5th, 2007, 11:53 PM   #5240
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Somewhere in Baltimore there is a complete cast Iron facade of a building being stored. Wouldn't it be nice if one of these new highrises could incorporate it into the building design?
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