A Baltimore developer is proposing to bring 78 mostly affordable housing units that could be used as artist housing and permanent places for the formerly homeless to two city-owned lots on Mulberry Street.
City officials chose the Baltimore-based French Development Co. and Episcopal Housing Corp. to build Four Ten Lofts at 410 and 422 W. Mulberry St. to develop the site and the group is moving through the city’s planning and design process.
The agreement to sell the city owned land is still being finalized and needs approval from the Board of Estimates, according to Susan Yum, spokeswoman for the Baltimore Development Corp.
Previous efforts were unsuccessful to develop the properties, which are within the Market Center Urban Renewal Plan area and could be eligible for several tax credits, including the Enterprise Zone and Citywide High Performance Market Rate Rental Housing tax credits.
The city put out a new request for proposals over the summer.
“The project proposed by the French Development Co. and Episcopal Housing Corp. was appealing because it would add to an already growing variety of housing options available downtown,” Yum said. “As the French Development Company has already made multiple investments near the project site, they were already vested in the neighborhood and experienced with redevelopment of similar properties.”
Officials from French Development Co. and Episcopal Housing Corp. did not respond to request for comment.