xml:space="preserve">
xml:space="preserve">
Advertisement
Advertisement

Construction to start on 414 Light Street tower

Questar PropertiesĀ <a href="http://www.baltimoresun.com/business/bs-bz-414-light-questar-20160314-story.html" target="_blank">will break ground Tuesday</a> on a new apartment tower on the old McCormick & Co. plant site next to the Inner Harbor.
Questar PropertiesĀ will break ground Tuesday on a new apartment tower on the old McCormick & Co. plant site next to the Inner Harbor. (Courtesy of Questar / Baltimore Sun)

Construction of a 44-story tower on an Inner Harbor parking lot is slated to start Tuesday, reviving a site that has lain dormant since the old McCormick & Co. factory was razed in the 1980s.

Developer Questar Properties won the city's design approval in 2014 for a roughly 500-foot-tall blue glass building at the corner of Conway and Light streets. Financing was announced last month.

Advertisement

Officials are slated to gather Tuesday for a groundbreaking ceremony, with construction expected to be complete in 2018. The building will house 394 apartments and 12,300 square feet of retail and represents an investment of more than $160 million, according to the mayor's office.

Questar bought the 414 Light Street property at a foreclosure auction for $11.5 million in 2011. The 1.9-acre parcel is one of the last open development sites on the front row of the Inner Harbor.

Advertisement
Advertisement

Recommended on Baltimore Sun

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement