Two towers with 235 market-rate apartments and retail are in the works for a long-decaying sliver of land on the University of Baltimore campus.
The $158 million project will add the towers to the Mount Royal and Maryland avenue corridors and replace a vacant U.S. Postal vehicle maintenance center that today is filled with graffiti and overgrown weeds. The facility was acquired by the university in a land-swap agreement in 2019 after the garage was relocated to East Baltimore. It is located at 60 W. Oliver St. and spans a city block.
Developer Zahlco has inked a ground lease agreement with UB for the work and will begin a city-mandated design process for the site this summer, university officials said Wednesday. UB officials released a rendering by BCT Design Group that shows two multi-level towers that flank Maryland Avenue and the Fitzgerald Apartments overlooking the Jones Falls Expressway.
Exact details of the project are still being worked out, but one of the towers will have 30,000 square feet of street-level retail.
