1,000th home is sold in Owings Mills New TownOwings Mills...

Industry Digest

June 16, 1996

1,000th home is sold in Owings Mills New Town

Owings Mills New Town, the first and largest planned community in Baltimore County, has recorded its 1,000th home sale. Built by Thomas Builders, the 1,000th home is located in the Persimmon Park community.

Founded in late 1990, Owings Mills New Town includes single-family homes, townhouses, condominiums and rental apartments. According to Legg Mason Realty Group, 239 homes were sold in New Town in 1995, an 18 percent increase over 1994. An additional 115 homes have been sold this year.

A venture of Ahmanson Residential Development and New Town Development Corp., Owings Mills New Town is now home to approximately 3,000 residents. The newly opened 125,000-square-foot village shopping center includes the Owings Mills Athletic Club.

In addition to Thomas, New Town builders include Ryan Homes, Bozzuto Homes, Weston Associates, Spring Mill Development Inc. and Ahmanson Developments Inc.

Neighborhood Housing Services marks 22nd year

Neighborhood Housing Services of Baltimore Inc., a private, nonprofit group offering counseling, low-interest loans and other homeownership programs, recently celebrated 22 years of neighborhood revitalization with a barbecue at Irvington Knolls Care Center at 22 Athol Ave.

The Baltimore group was cited as the No. 1 NeighborWorks organization for creating new homeowners in the mid-Atlantic region, and ranked sixth in the nation among 350 such groups.

During a recent corporate fund-raiser led by Alan Leberknight, dean of the School of Business and Economics at Towson State University, Neighborhood Housing Services of Baltimore collected $260,000 to continue its work in 10 city neighborhoods and the greater Hillendale area of Baltimore County.

Pub Date: 6/16/96

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