In the News: New affordable apartments destined for west side
By: Natalie Sherman, The Baltimore Sun
Officials on Wednesday celebrated the opening of a new affordable apartment building on downtown’s west side, an area where several projects are injecting new life.
The $22.3 million Mulberry at Park Apartments, developed by Enterprise Homes and managed by Habitat America, complements the market-rate units that have opened in the area and helps address a major need, Mayor Catherine Pugh said in a statement.
“Downtown continues to be the fastest growing neighborhood in the City,” she said. “Mulberry at Park adds much-needed affordable housing to the mix, making the dream of living in the heart of the City a reality for a broader percentage of Baltimore’s hardworking residents.”
The project at 211 W. Mulberry Street, close to the Enoch Pratt Library, includes a cyber cafe, fitness center and outdoor terrace. The 68 apartments, about half of which are one-bedrooms, have average rents of about $750.
Since the building opened Nov. 1, 62 of the apartments have been rented, said Amy Burke Friedman of Profiles, Inc., a Baltimore public relations firm working with Enterprise.
Bank of America, the state’s Department of Housing and Community Development, Baltimore City and low income housing tax credits helped finance the building, which was designed by Marks, Thomas Architects.
http://www.baltimoresun.com/business/bs-bz-mulberry-park-opens-20170215-story.html