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As apartments boom in city, a new market reality emerges
As apartments boom in city, a new market reality emerges

It used to be a struggle for Baltimore leaders to get developers to believe that people would want to live in the city. Now apartment builders have embraced the idea so enthusiastically that even some of its loudest champions think they might be going too far. More than 5,360 homes in projects with 15 or more units have been completed in Baltimore in the last five years, according to the city's Planning Department. Another 3,232 are under construction, including 948 that got underway last year. And 2,825 more have been approved, including 1,233 last year. The Downtown Partnership is tracking about 7,000 homes for sale or rent in Federal Hill, Fells Point and downtown to be completed...

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