By Adrian Maties, Associate Editor
Johns Hopkins University recently announced that Armada Hoffler Properties Inc. and Beatty Development Group LLC could start work on a mixed-use development in Baltimore’s Charles Village neighborhood by next April. The project has not yet been named and is only referred to as 3200 St. Paul. It calls for the construction of a 12-story building, with 157 student apartments and 31,500 square feet of commercial space.
Tony Nero, President of Development for Armada Hoffler Properties, Inc., recently shared details about the development.
Q: Is there a need for student apartments in Baltimore?
A: Yes. Johns Hopkins University currently does not provide housing for juniors and seniors; this will help fulfill that need for the university.
Q: What can you tell us about the rents in the new building?
A: The rents will be comparable to Johns Hopkins University’s on-campus housing.
Q: Can you tell us more about the amenities in the new building?
A: The building will include study lounges, high speed internet, a fitness center, on-site property management and on-site parking.
Q: How will it influence the student experience?
A: The units will be marketed towards juniors and seniors, giving them the ability to move out of dorm style housing with resident advisers and into an apartment with all of the amenities a dorm would not provide.
Q: We know that Armada Hoffler Properties and Beatty Development Group have been working on the project since 2012. What challenges has the project encountered so far? And what challenges do you expect to encounter in the future?
A: The program has evolved based on community input over a period of time, which we will continue to seek as part of the process to gain approvals. We expect to break ground in the first half of 2015.
Q: Can you give us some financial details on the project?
A: The total costs for the project will be approximately $65 million.
Q: What impact will the project have on Charles Village and the city of Baltimore?
A: This will provide a high quality project as a gateway to the university, as well as provide much needed retail in the Charles Village neighborhood. We have been in talks with a national pharmacy group that will also be a huge draw to the community.