Baltimore Development Corp. seeks developers for South Gay Street properties

Baltimore Development Corp. is seeking developers for a trio of buildings near Power Plant Live that were built at the turn of the century.

The contiguous properties, located at 17, 19, and 23 S. Gay S., encompass a total of 13,924 square feet. The request for proposals also includes a 2,557-square-foot parking lot at 10 S. Frederick Street, behind 17 S. Gay St.

The buildings at 17 and 23 S. Gay St. are five stories; 19 S. Gay St. is four stories. All three have basements and are vacant.

A project would be eligible for several incentives: the 10-year High Performance Tax Credit for market-rate rental housing, Enterprise Zone tax credits, Historical and Architectural Preservation Tax Credit and the Federal Historic Preservation Tax Incentives program, according to BDC.

Proposals are due Nov. 17.

sarah.gantz@baltsun.com

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