Despite proposal, Attman leasing space Developer had plans to raze old buildings

September 28, 1991|By Edward Gunts

Although he says he hasn't abandoned plans to build an office tower at the southeast corner of Charles and Redwood streets, developer Leonard Attman appears to be concentrating on leasing the space in the three buildings on that corner rather than constructing a new one.

Attman Brokerage Services, the leasing agent for the developer, posted a large yellow sign on the corner building this week indicating it has space for lease, and new tenants are emerging.

The Charles Street property is one of three mid-rise buildings Mr. Attman's group was planning to raze to create a construction site for a $90 million office tower, called the Baltimore Financial Centre.

That project suffered a setback in June when the Planning Commission voted 5-2 not to approve two City Council bills that would permit the city to close a lane of Redwood Street and sell it to the development team as part of the construction site.

The commission took its action after neighboring property owners and others said that closing any part of the street would add to traffic congestion and set a bad precedent. If no further action is taken on the council bills, they will die at the end of the council's fall session.

Mr. Attman denied his group had dropped its plans for an office tower, but indicated he didn't want the existing buildings to become empty.

"You're constantly looking for tenants," he said. "You have to deal with the market conditions and see what happens. . . . We're talking to several different tenants right now."

One business that plans to move to one of the Attman properties, according to its owner, is Cheryl's, a hair, nails and skin-care salon.

The salon's owner, Cheryl Buxbaum, said that she plans to open at 3 E. Redwood St. on Nov. 11. She said that she has a five-year lease with a five-year option to renew. She also said that her lease requires the property owners to relocate her or pay her a set amount if they decide to move ahead with the office tower before the lease expires.

Mr. Attman also has leased space at the Hansa Haus, at the northeast corner of Charles and Redwood streets, to the Tres Bon cafe chain.

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