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The Real Estate Wonk Baltimore's residential real estate and commercial development news
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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Baltimore seeks developers for Howard Street block

The city said Tuesday it is looking for proposals from developers interested in buying and reviving a lifeless section of the once vital Howard Street commercial corridor.

The 20-city owned properties, all but one of them vacant, lie on the eastern side of Howard Street, behind the Enoch Pratt Free Library on a block bounded by Park Avenue and Franklin, Mulberry and Howard streets.

Developers can...

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Two mortgage firms agree to pay restitution after allegations of illegal activity

The Maryland Attorney General announced Monday it had reached a settlement with two mortgage loan procurement and credit consulting providers after allegations of misrepresentation and illegal activity.

Baltimore Home Ownership Program LLC, NowICanBuy LLC and their owner, Dwight Williams, will have to pay $45,000 in restitution to consumers who paid for credit improvement or mortgage loan assistance...

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United Way plans move to South Baltimore

United Way of Central Maryland said Thursday it plans to move to South Baltimore in 2017, into a new eight-story office building — part of a major redevelopment that would transform a semi-industrial area tucked between Federal Hill and the Ravens and Orioles stadiums by bringing apartments, offices and shopping.

United Way CEO Mark Furst said the nonprofit has signed a letter of intent with developer...

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Historic Trentham Mansion gets new owners

A Towson advertising, marketing and public relations firm said Thursday it plans to move this month to the historic Trentham Mansion in Owings Mills.

Diane Devaney, president of Devaney & Associates Inc., and husband David DeKowski purchased the 135 Village Queen Drive property in May for $1.1 million, according to land records. The 14-person firm, which had leased space in Towson for more than 15...

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Pemco redevelopment near Hopkins Bayview receives approval

The Baltimore City Council this week green-lighted plans for a major mixed-use development on 20 formerly industrial acres opposite the Johns Hopkins Bayview Medical Center.

Developer MCB Real Estate LLC acquired the property last year and is planning to invest $80 million to $100 million, with up to 2 million square feet of development, including apartments, shopping and a hotel. The city granted...

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