It was two-for-one groundbreaking Wednesday north of Johns Hopkins’ medical campus in East Baltimore on Thursday. A development group called the New East Baltimore Partnership started construction on a hotel and mixed-use development.
The project cost a total of $95 million, with the bulk of that being spent on a 15-story hotel. The $87 million Marriott Residence Inn will have 194 rooms. Located at the corner of Wolfe and Madison Sts., it will have restaurant and retail space, along with a fitness center and rooftop terrace.
The housing development, called The Townes at Rutland, will have 49 town houses. It’s part of a bigger housing build in the area, which in all is expected to have 260 units, and 350 student-oriented apartments.
Equally, the two projects where construction began are part of a much larger 88-acre development in the area. The main facet will be a new Science + Technology Park for Johns Hopkins, with research, lab and incubator space supporting the university’s tech transfer efforts. With the hotel and housing, the idea is to make the area a “self sufficient community.”
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