Developer Plans 15-Story Apartment Asset in Baltimore’s Little Italy
- Jan 24, 2015
The year has just started and already we know of three new multifamily developments planned for the Baltimore area. The most recent project announced will replace the former Della Notte restaurant, in the Little Italy neighborhood, with a 15-story apartment community.
The Baltimore Business Journal recently reported that WorkShop Development LLC is the developer behind the project. The company plans to buy the site, demolish the Della Notte building and build an apartment tower in its place. The new building will have between 150 and 240 units, as well as retail on the first floor.
Doug Schmidt, a principal with WorkShop Development, told the Business Journal that his company expects to complete the acquisition of the site in the first half of the year. He declined to reveal the price but added that WorkShop Development first approached the owners of the property to talk about the acquisition in 2013, after the Della Notte restaurant closed.
More details about the development will be revealed on January 27, when the project is scheduled to go before the Urban Design and Architecture Review Panel. Hord Coplan Macht is the architect. The project could be finished within the next two years.
Developers have also announced two other apartment projects in Baltimore this month. Monument Realty plans to invest $75 million to convert the office building at 225 North Calvert Street into 350 apartments, while Pinnacle Development Investors LLS said it will start work on an ultra-luxury residential tower within Baltimore’s HarborView Community.