Hoping to capitalize on increasing growth east of the Inner Harbor, plans are in the works to build a new 205-room hotel with ground-level stores in Harbor East next year.
Englewood LLC and Chesapeake Real Estate Grouphave reached an agreement to construct the property and 15,000 square-feet of retail space at a former warehouse building at 511 S. Central Ave. As the primary developer, Englewood will own and operate the hotel.
Chesapeake Real Estate Group will operate the retail space, says Ken Finkelstein, president of Bethesda’s Englewood LLC. Construction would take about 18 months to complete if the project gets approvals from the city’s zoning and design panels.
The planned hotel will be an upper mid-market brand, which means slightly more upscale than the neighboring Hilton Garden Inn and Courtyard by Marriott, Finkelstein says. He declined to say how much the project would cost or the hotel brand.
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