From Multi-Housing News:
The Housing Authority of Baltimore City (HABC) kicked off construction for the 244-acre, nine-phase, $1 billion redevelopment known as the Perkins-Somerset-Oldtown (PSO) Transformation Plan.
The first phase of the development calls for the construction of a four-story mixed-use building at 1234 McElderry St. Of the project’s 104 units, 84 will be designated as affordable and for lower-income families and the remaining 20 set as market-rate. The first building will also include 2,400 square feet of ground-floor retail and parking, a fitness center, a cyber lounge and two courtyards.
Once completed, the $1 billion PSO redevelopment will include 1,345 housing units on a 244-acre property. The project will also be home to two new parks, a new elementary school, a grocery store and other infrastructure improvements and upgrades.
Read Multi-Housing News' article "$1B Redevelopment Breaks Ground in Baltimore," featuring the Housing Authority of Baltimore City.