A new housing option is coming to Station North. The neighborhood, known for its arts and entertainment events, will receive a new 86-unit apartment complex on Lanvale Street courtesy of the developer behind Milk & Honey Market and the new Chesapeake restaurant.
Read the full article below!
Ernst Valery says he expects to select an architect by July for the market-rate studios, one- and two-bedroom apartments. Construction on the yet-to-be named building in the Station North Arts and Entertainment District will begin a year from now and wrap up by summer of 2015. Valery says he hasn’t yet determined apartment rates.
The apartment building is the latest project in a neighborhood that is attracting more interest among city officials, developers and universities. A developer hired by Amtrak has proposed shops, housing and offices around Penn Station. Johns Hopkins University is moving some of its arts programs to the neighborhood and the Maryland Institute College of Art has purchased two buildings in the area.
But the neighborhood could use more housing, Valery says.
“Its a step toward making the neighborhood really great and realizing its full potential,” Valery says of his project.
Valery says he is now securing financing for the apartments and declined to provide details until the plans are finalized.
Station North’s Milk & Honey Market and the new Chesapeake Restaurant will open in two to three weeks, Valery says. It will be the city’s second Milk & Honey. The other one is located in Mount Vernon. Chesapeake, which will focus on regional cuisine, bears the same name as the restaurant that shuttered a quarter century ago. The property has since been vacant.
Writer: Julekha Dash
Source: Ernst Valery