Construction will begin in September on another apartment building for seniors on the old Memorial Stadium site, adding to the number of units at the mixed-income development in the north Baltimore.
The $26 million project joins others in the city boosting the amount of market rate and discounted housing for seniors. Stadium Place already provides housing for more than 360 seniors, and the new building, called the Village Center, will add 70 more one- and two-bedroom units.
The nonprofit interfaith group Govans Ecumenical Development Corporation, or GEDCO, is developing the $100 million Stadium Place campus. The first building opened in 2004, after Baltimore officials sold the property on 33rd Street to developers because the Baltimore Orioles began playing in a new stadium at Camden Yards. There is also a YMCA on the site.
GEDCO said it has a 500-person waiting list for the housing.
The Village Center building at East 33rd Street and Ednor Way is being developed along with Hanover-based Commercial Development Inc. SunTrust Community Capital and Harbor Bankshares Corp. announced Friday that they provided $19.8 million to finance development of the project. The building also will include 30,000 square feet of space for medical offices and retailers.
Separately, GEDCO said Gilchrist plans to start building a $15.9 million, 22-bed hospice center at Stadium Place later this fall. The New Gilchrist Baltimore Center will serve very low income individuals in Baltimore.