Baltimore Development Corp. and Public Markets Corp.

Issue Requests for Proposals to Lease, Purchase or Redevelop

Broadway and Hollins Markets

For Immediate Release

December 1, 2016

CONTACT:

Susan Yum or Joann Logan

Baltimore Development Corp.

410-837-9305

syum@BaltimoreDevelopment.com

jlogan@BaltimoreDevelopment.com

BALTIMORE, Md. (December 1, 2016) – Today, the City of Baltimore Development Corporation (“BDC”), on behalf of Mayor Stephanie Rawlings-Blake, along with the Baltimore Public Markets Corporation (“BPMC”), issued Requests for Proposals (“RFP”) from qualified Respondents for the lease or purchase and redevelopment of City-owned Hollins Market and Broadway Market properties.

The intent of the RFPs is to promote the development of these properties in a fashion that will achieve City objectives of growing the local economy, strengthening communities, and making necessary capital and aesthetic improvements.  The RFPs are also intended to promote the re-use of these parcels in a fashion that will achieve job creation, tax generation, attractive design, and a redevelopment that fits within the context of the Hollins Market and Broadway Market neighborhoods.  There are no restrictions on the proposed development plans for Broadway Market.  Hollins Market must still serve as a public market, with primarily food vendors.

Responses are due by 12 p.m. on February 13, 2017, in the offices of the BDC.

“The city’s public markets are not only sources of food for our citizens, but economic drivers for neighborhoods.  I am very proud of the investments made by my Administration at our public markets, including Northeast Market, the Avenue Market, and our exciting redevelopment plans for Lexington Market,” said Mayor Stephanie Rawlings-Blake.  “It is equally important to review our public market portfolio and determine the best options for the public markets’ mission and neighborhoods.  Our willingness to explore better ways for our City-owned market buildings to contribute to the success of adjacent neighborhoods is evident with the City’s recently-announced Management Agreement with Caves Valley Partners to redevelop Cross Street Market.  I believe that we can identify similarly strong private sector partners to create brighter futures for the use of Hollins Market as a public market and Broadway Market properties as a development project.”

Hollins Market

Hollins Market is located at 26 South Arlington Avenue and totals 26,520 square feet in area.  The property is located at the center of the Hollins Market neighborhood and surrounded by various commercial and residential uses, including a variety of locally-owned shops and restaurants on adjacent streets.  The property is within two blocks of the West Baltimore Street commercial corridor and within a half-mile of the University of Maryland BioPark, the Lions Brothers Building Redevelopment, and B&O Railroad Museum.

Broadway Market

Broadway Market is located in the historic Fells Point Neighborhood and includes two properties: 1640 Aliceanna Street and 1641 Aliceanna Street (collectively “the Site”).  The 1640 Aliceanna Street property is approximately 15,000 square feet and includes the Broadway Market North Shed and a parking lot.  The 1641 Aliceanna Street property is approximately 17,600 square feet and includes the Broadway Market South Shed and a parking lot.  Over a dozen real estate and development projects valued at nearly $380 million have been completed, or are under construction, within three blocks of the Site.

Respondents can submit a development proposal for one or both properties contained in in the Site.  The Site is within the Fells Point CHAP District and contains market structures that have historical significance to the neighborhood and the City of Baltimore, as they are two of the remaining six Baltimore Public Markets and part of the oldest continuously operating public market system in the United States.  The Historic District is a defining feature of the Site which makes it unique from other communities and therefore maintaining the character of the Historic District by incorporating historic preservation principles in the Site, where technically and economically feasible, is encouraged.

The RFPs can be downloaded at http://baltimoredevelopment.com/rfps/.