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The Real Estate Wonk Baltimore's residential real estate and commercial development news
Entrepreneurs plot cafes in perennially up-and-coming Reservoir Hill

By this time next year, Reservoir Hill could have not one, but two small neighborhood cafes — a new step for a neighborhood tagged "up-and-coming" for more than 20 years.

This month, a family of out-of-state transplants signed a lease to open a coffee shop on Madison Avenue, hoping for an October launch. Farther east on Whitelock Street, the owners of The Bun Shop in Mount Vernon are exploring plans...

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Streets Market & Café to open in September

Streets Market & Café plans to open on Charles Street in September, adding a grocery store to a downtown corridor where developers have been converting former offices into hundreds of apartments.

The Washington-based specialty grocer has leased the former Fresh & Greens store at the corner of Saratoga and Charles streets. It will be Streets Market's third location — and first in Baltimore. It opened...

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As Plank announces Westport acquisition, city's hopes are high

Neighborhood leaders and city officials say they are hopeful now that Baltimore's billionaire, Under Armour founder and CEO Kevin Plank, controls a lot of the waterfront around the Middle Branch of the Patapsco River that isn't a city park.

Plank's real estate firm, Sagamore Development, confirmed Friday what many had long suspected — that it was the mystery buyer of about 43 acres of waterfront property...

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Kevin Plank's Sagamore amasses more land, this time in Westport

Representatives of Under Armour founder Kevin Plank's private development firm confirmed Friday that the company has bought 43 acres of land in Westport, expanding its portfolio to a more cohesive ring around the Middle Branch.

Plank has long discussed his vision for a corporate campus for the $3 billion company, and his Sagamore Development Co. has amassed another 120 acres on the Port Covington...

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U.S. Appraisers' Stores building in downtown sells for $8.2 million

The U.S. Appraisers' Stores property in downtown sold for $8.2 million last week, after nine groups submitted bids for the federal site.

The purchaser was not disclosed in the online bid records. A spokeswoman for the General Services Administration, which handled the auction, said the buyer would not be named until the sale is finalized, which is expected in the next few weeks.

The GSA first said...

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Ex 'Superblock' developers seek third appeal

Denied twice already, the former developers of the so-called 'Superblock' are petitioning the state's highest court to review what they say is the city's improper termination of a deal that granted them exclusive rights to build on city-owned land.

Lexington Square Partners LLC filed a petition June 25 asking the Maryland Court of Appeals to review the case. In May, the Special Court of Appeals in...

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