Builder selected for apartments at Owings Mills

March 24, 1992

A Boston builder has been chosen to build the first rental apartments at Owings Mills New Town, the 5,500-home planned development that will be the Baltimore area's largest new

residential project during the first half of the 1990s.

The Dolben Co. Inc. of Boston will spend $22 million to build 304 apartments on 15 acres off Lakeside Boulevard, said Chuck Fitzgibbon, a spokesman for New Town owner and developer Ahmanson Developments Inc.

As developer, Ahmanson's role includes selecting builders to construct the smaller subdivisions within New Town.

Mr. Fitzgibbon said Dolben will stay on to manage the apartment complex when it is finished and later will build 280 more apartments on an adjacent parcel.

Mr. Fitzgibbon said rents for the apartments have not been determined but that they will be "moderately priced for the market." The first apartments are scheduled for occupancy late this year.

Dolben has developments in New England, Michigan and Ohio, and one in Rockville, Mr. Fitzgibbon said.

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