By Steve Kilar
The Baltimore Sun
10:47 AM EST, December 10, 2012
Yet another downtown commercial building is being converted to apartments.
The red-brick building at 300 Cathedral St., known as Odd Fellows Hall, is currently being refurbished by a Washington-based developer, Broadwater Capital LLC, the Downtown Partnership said in a statement Monday.
The building will contain 59 market-rate apartments and will begin leasing next summer, the partnership said. It is situated between West Pleasant and West Saratoga streets.
“There continues to be a significant demand for professionals to move closer to their work and 300 Cathedral's proximity to Baltimore's City Center, Mount Vernon and the Westside provides tenants a Class-A living space that is within walking distance to major businesses, the Inner Harbor, Medical Centers and local restaurants,” said Ahmad Hajj, a principal with Broadwater Capital, in the partnership's statement.
Broadwater purchased the 72,000 square foot building in September for $1.1 million, according to state tax records. Those records indicate the building was completed in 1841.
Several buildings in downtown, the fastest growing area of Baltimore between 2000 and 2010, are now being converted to residences. Click on the related-items link to the left to read more about some of the commercial-to-residential projects developers have recently taken on.
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