Bozzuto Breaks Ground on Charm City Mixed-Use Project
ByLiberty Harbor East, courtesy of Hickok Cole Architects
Baltimore—Baltimore’s lively Inner Harbor area will soon be home to a brand new mixed-use residential development, now that ground has broken on Liberty Harbor East, according to a Baltimore Sun article. Owned by H&S Bakery/Paterakis, the project is being built by Bozzuto Construction, and will cost $170 million to complete.
Designed by architectural firm Hickok Cole, Liberty Harbor East will sprout up 22 stories at 711 S. Central Ave. The 775,000-square-foot high-rise will feature 282 apartments and 35 condominium units, as noted on Hickok Cole’s website. Baltimore could do with more rentals; the vacancy rate in the third quarter was 3.7 percent, per a report by commercial real estate research and consulting firm Delta Associates. “Delta projects strong Class A apartment absorption over the next three years due to recent demographic and lifestyle shifts that will generate rental demand and lessen the impact of an increase in supply,” according to the report…