A six-story loft building that developer Mendel Friedman began rehabilitating several years ago will be acquired by the state to house the Information Resources Management Division of the University of Maryland at Baltimore.
Maryland's Board of Public Works approved yesterday a plan by state officials to spend $2.5 million to acquire the 24,000-square-foot building at 100-102 N. Greene St. from Greene Street Limited Partnership, a group headed by Mr. Friedman.
The acquisition is part of a complex plan by the state and the University of Maryland Medical System to raze two buildings at the northwest corner of Lombard and Greene streets and construct an $83 million clinical tower by late 1994.
The University of Maryland division that is moving to 100-102 N. Greene St. is moving from the Health Science Computer Center Building at 610 W. Lombard St., one of the structures slated for xTC demolition.
State officials also plan to spend up to $930,000 to renovate the upper floors of the Greene Street building to prepare it for use by its new occupants. Wheeler Goodman Masek of Annapolis is the architect for the project.
The building acquisition is scheduled to occur by July. Renovation work is slated to begin this summer and be completed by December.
Around the region:
* A partially renovated commercial building at 217 N. Charles St. will be offered for sale at an auction on the premises May 31 at 2 p.m.
The renovation work was begun by North Charles Limited Partnership, a group headed by developer David Kornblatt. The auction is a foreclosure sale on behalf of Sovran Bank of Maryland.
Alex Cooper Auctioneers Inc. is handling the sale.
* Michael Bolinger, senior vice president and treasurer of Cochran, Stephenson and Donkervoet Inc. of Baltimore, was elected to a two-year term as treasurer of the American Institute of Architects at the organization's convention in Washington last week.
* Baltimore's Department of Housing and Community Development has set July 12 as the deadline for bids from groups interested in redeveloping all or part of a 118,828-square-foot, city-owned parcel near the intersection of North Avenue and Howard Street.
More information is available from Walter Horton, acting chief of the department's land disposition section, at 396-4109.
* A joint venture of IBM Corp. and T. Rowe Price Associates held a topping off ceremony earlier this month to mark completion of the steel skeleton of the 28-story addition to the IBM building at 100 E. Pratt St. Slated for completion in November, the building will be the only office tower to open in downtown Baltimore this year.
Tenants include IBM, T. Rowe Price and the law firm of Tydings and Rosenberg. Retail tenants include Maryland National Bank, Encore Books and T. Rowe Price, which will move its downtown investment center to a retail space on Lombard Street. W. C. Pinkard & Co. is the leasing and management company.
* Kasco Chesapeake Builders Inc. of Reisterstown has been selected by the Wal-Mart retail chain to build a 114,000-square-foot store in Smyrna, Del. Kasco also will construct a Sam's Club, a members-only wholesale buying club, next to the Wal-Mart. Store construction is under way and is scheduled for completion this fall.