BALTIMORE Real Estate
Baltimore’s most recent plans to refurbish Pratt Street may take more than a decade and cost upwards of $100 million, reports from baltimore.bizjournals say.
The Harry and Jeanette Weinberg Foundation recently announced its decision to contribute over $15 million to the second phase of a large redevelopment plan near Johns Hopkins medical center, reports from baltimoresun.com report.
In a unanimous vote, Baltimore City’s spending board set aside $10 million to acquire land for the East Baltimore Development Inc.’s (EBDI) 88-acre, $1.8 billion redevelopment project, reports from baltimore.bizjournals.com reports.
Reports released by the Commerce Department on Wednesday show that the starts of new homes in the American South, which includes Virginia, Maryland and Washington, D.C., fell 7.4 percent in August from the previous month.
Reports from GlobeSt.com show that the Bethesda, Md.-based multifamily lender Green Park Financial has opened a new office in Baltimore. Patrick Boyle, the assistant vice president of the production group, says he expects the Baltimore office to close between $200 million over the next year.

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D.C. Real Estate News:
Organization Benefits Maryland Homeowners
With regulators openly criticizing the anti-consumer nature of the real estate closing process–– the high cost of title insurance and the title insurance industry overall–––Entitle Direct Group is improving the consumer experience by empowering homebuyers to monitor their home closings and save on their title insurance.
Organization Benefits Maryland Homeowners
With regulators openly criticizing the anti-consumer nature of the real estate closing process–– the high cost of title insurance and the title insurance industry overall -- Entitle Direct Group is improving the consumer experience by empowering homebuyers...
New Mixed-Used Development Possible for Southeast, D.C.
D.C. Mayor Adrian Fenty recently announced a zoning agreement with Florida Rock Properties, the Maryland developer planning a 1.1 million square-foot mixed-use development on the Anacostia River near the Nationals Park.
Holy Cross Hospital Continues Expansion Plans
In August, Holy Cross Hospital announced plans to build a new hospital in Germantown and expand its existing Silver Spring facility, with both projects costing around $476 million, the Washington Business Journal reports.
Arlington Boulevards Make List of Top U.S. Streets
The American Planning Association has named the Wilson-Boulevard-Clarendon Boulevard corridor in Arlington one of the 10 great streets in the country for 2008, reports the Washington Business Journal.
DHCD and DMH Revamp Rental Housing for Low, Moderate-Income Families
The Department of Housing and Community Development (DHCD) and the Department of Mental Health (DMH) recently announced the release of a Request for Qualifications (RFQ) for a new Housing Improvement Program initiative (HIP).
Wheeler Terrace Goes ‘Green’
Northeast Washington’s Wheeler Terrace Apartments will make history this week, becoming the first LEED certified affordable housing community by the U.S. Green Building Council in the District.
District Looks for Partner $170 Million Redevelopment
According to reports from GlobeSt.Com, the District government is seeking a partner for its latest redevelopment project, a $170 million rebuilding of the Park Morton public housing complex on the Georgia Avenue Corridor.
Management Services Pens Office Space Deal
The State Teachers Retirement System of Ohio, owners of Ballston Station, have inked a deal to lease with Management Sciences for Health to occupy 37,791 sq. ft. in the building, reports from GlobeSt.com show.
College Park May Undergo East Campus ‘Renaissance’
Reports from the Maryland Department of Transportation say the East Campus portion of College Park, Md, which currently houses a few maintenance buildings and a bus depot, may be transformed into a thriving district with retail sites, a Birchmere Music Hall, movie theatre and housing.