Developer drops plan to buy part of street for tower

November 08, 1991|By Edward Gunts

Developer Leonard Attman has abandoned plans to buy part of Redwood Street to build a $90 million office tower. He has gone back to the drawing board to come up with a scaled-down design for the southeast corner of Redwood and Charles streets.

Elijah E. Cummings, Mr. Attman's attorney, said that the developer decided this week to ask the City Council to postpone two hearings on bills related to the project, called the Baltimore Financial Centre, so he could revise its design.

He said the developer is aware the bills now will die in committee, but he felt it was more important to come up with a plan that satisfies the city and neighboring property owners.

"We wanted to go back to the drawing board and see if we can come back with some sort of plan that does not take the street away," Mr. Cummings said.

"It was clear to us that there was vehement opposition, and rather than put the council members in a position where they have to take sides, we decided to try to see what we can work out," he said. "We want to do what is best for the city and best for the area."

Mr. Cummings said he did not know how much the 350,000-square-foot project would be scaled down.

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