Construction is set to begin next week on a 62-unit apartment building and gastro pub in Baltimore’s Bolton Hill neighborhood.
Somerset Development Co. is building the market-rate Flats at Eutaw Place in partnership with New Community Partners LLC and nonprofit Memorial Apartments Corp. The project will cost $14.2 million to complete and is expected to open in spring 2019.
The Flats at Eutaw Place is the second phase of a redevelopment of the 3.6-acre site once home to Memorial Apartments, and a step toward reviving the Eutaw Place corridor as a mixed-income community. The first phase of the project was a $26 million renovation and preservation of 266 units at the former complex. The apartment building is now called Linden Park Apartments and offers affordable senior living in a state-of-the-art building.
Developers will break ground on the Flats at Eutaw Place on March 20 at the corner of Eutaw and McMechen streets.
Jim Campbell, principal at Somerset, said the building’s brick-and-metal panel facade will give it a modern feel while also keeping true to the look of the neighborhood. Inside, the units will have big windows and open floor plans. Studios are expected to be about 470 square feet in size, while one-bedrooms will be about 640 square feet and two-bedrooms about 1,000 square feet.
Rent at the apartment building will start at $1,300 and go up to about $1,900.
Plans also include a fitness center, rooftop terrace and community space, bike storage, dog park, gardens and a ground floor gastro pub operated by the owners of Cafe Fili in Mount Vernon.
Cafe Fili was opened through a partnership between Somerset and Washington, D.C. restaurateur, Ziad Maalouf. The two parties are working together again to open the new gastro pub. The D.C.-based development company also owns the Professional Arts Building where Cafe Fili is located.
A spokesperson at Cafe Fili said no additional details about the gastro pub are ready to be announced yet.
The apartment’s interior will use lighter colors and have "modern aesthetic with very clean and simple lines without being too trendy," said Nancy Hooff, principal at Somerset. "It will be a long-lasting interior design to appeal to a number of groups."
Campbell said they hope to attract both millennials and empty nesters to the project. The amenities and subtle modern design of the building he believes will appeal to both, and offer longtime residents of the neighborhood an option to downsize from a rowhome while staying in the vicinity.
The Flats at Eutaw Place was designed by Marks Thomas/Mosely Architects and is being built by Kinsley Construction. Construction costs for the project are $10.4 million.
A $11.7 million loan with Wells Fargo Bank’s lending division under the U.S. Department of Housing and Urban Development’s (HUD) Choice Neighborhood Plan helped secure the funds to pay for the project. The apartments will meet the HUD’s program requirements due to its focus on creating a mixed-use and mixed-income community.
It "fills in a ‘missing tooth’ of the urban fabric on Eutaw Place and McMechen Streets," a release from Somerset said.
The project also received a 10-year city property tax credit for planning to build the units to achieve energy efficient standards. The credit was a "significant factor" in HUD’s underwriting of the project, the development company said.
The Flats at Eutaw Place is located near the Maryland Institute College of Art, the University of Baltimore, the Joseph Meyerhoff Symphony Hall, as well as light rail and metro stations. The property was formerly a rundown surface parking lot.