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East Baltimore Development Inc.

BDC considers EBDI, west side projects

BDC considers EBDI, west side projects

The Baltimore Development Corp. voted unanimously in a closed session Thursday to start exclusive negotiations with a developer seeking to build market-rate apartments on two city-owned sites on Mulberry Street.

The GMP Development Enterprises LLC plans call for 63 apartments, some retail space and 30 parking spaces, BDC staff told board members before the meeting was closed to the public. A final price for the land is subject to negotiation, said BDC President William H. Cole.

The 410 and 422 W. Mulberry Street properties, about 19,500 square feet currently used as surface parking lots, are valued together at about $1.1 million for taxation purposes, according to state...