A stop-and-start plan to redevelop an industrial area near the intersection of Cold Spring Lane and Interstate 83 is once more in play, with a new development team leading the project.
Klein Enterprises and Manekin LLC have the site at 2001 W. Cold Spring Lane under contract and are planning a five-story building with about 280 apartments, a roughly 450-space parking garage and about 8,000 square feet of ground floor service retail, said Daniel Klein, president of Pikesville-based Klein Enterprises.
The firms, which got involved about a year ago and presented their plans to the city's design panel Thursday, hope to break ground in the first half of 2017 and expect construction to take 20 months, Klein said. He declined to say how much the project is expected to cost.
The proposal is a version of plans that have been discussed since 2012, when Landex Cos. presented designs to the city for a "town center" that called for 250 apartments and 30,000 square feet of retail. Two years later, the proposal had altered to accommodate an office tenant that was interested in the site.
Klein said the new development team wanted to focus on multifamily.
The Jones Falls Trail cuts through the site, which is part of what brought the firms to the project, said Sam Neuberger of Baltimore-based Manekin.
"It was a walk with my family along the Jones Falls Trail," he said. "You felt you could have been in Monkton, and it was just a beautiful place. … It just struck me that that would be a spectacular site for families to live."