The city's Board of Estimates approved two deals Wednesday aimed at redeveloping portions of Pennsylvania Avenue in Druid Heights and Washington Boulevard in Pigtown, the Baltimore Development Corp. said.
The BDC, the city's quasi-governmental economic development arm, said the development plans would bring mixed-use projects to what are now vacant and decaying stretches of two Main Street commercial corridors.
The city is selling five properties, at 2101 through 2111 Pennsylvania Ave., for $13,000 to Sphinx Club Complex LLC, the BDC said. The company, run by the Druid Heights Community Development Corp., intends to open a restaurant called the Negro League Café along with a Negro League Museum and a business incubator for startup companies.
The BDC said the city was selling five more properties, at 925 through 937 Washington Blvd., for $1 to Historic Pigtown Development II LLC, run by Neil Katz and Jeffrey Gould. The developers plan to turn two of the properties into residences and will tear down the other three. The three lots will be used as open space for the community until the developers acquire tenants and financing to build retail and residences on them, the BDC said.