An abandoned rental housing project in Baltimore's Bolton...

Real Estate Watch

April 21, 1996

An abandoned rental housing project in Baltimore's Bolton Hill neighborhood may soon provide a new opportunity for homeownership in the city.

Baltimore's housing department is seeking bids from developers who would like to construct townhouses on the site of Eutaw Gardens, a 268-unit apartment complex that was taken over by the federal government last year after its owners defaulted on a federally insured loan.

April 26 is the deadline for proposals for the 4.5-acre property, which is on a triangular parcel bounded by Eutaw Place, North Avenue and Bolton Street.

The U.S. Department of Housing and Urban Development has agreed to relocate all tenants from the 19 existing buildings, raze them, and sell the land to the city for $1.

City officials say they will entertain proposals only for "market-rate homeownership developments" consisting of townhouses that are either attached or semidetached.

The structures must be at least 18 feet wide and should be designed to complement the architectural character of the historic Bolton Hill neighborhood, according to the city's terms of offering.

Planners say the land can hold 70 to 80 houses and that limited commercial, cultural or institutional uses also may be permitted at the discretion of Housing Commissioner Daniel P. Henson III.

"We've had an extremely strong response" from prospective developers, Mr. Henson said. If the city receives an acceptable proposal, he said, "I think we can extend Bolton Hill all the way up to the North Avenue corridor."

Pub Date: 4/21/96

Abandoned project may yield ownership option in Bolton Hill

Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.