City expected to shine even more in Light Street
No pun intended, and it’s a true story. An ugly Light Street parking lot in Baltimore may turn into a bright light for jobs as plans for the development of a 404-foot glass residential and office tower near the Inner Harbor continue. Expected to be completed by the end of 2018, 1 Light Street is Metropolitan Partnership Ltd.’s plan for a 28-story mixed-use building, supporting 274 living spaces in 10 levels, 9 floors of office space, ground-level retail and parking for 646 cars in its multi-level garage. Its office spaces will further development of the financial district and have attracted the attention of banks in the Baltimore downtown area.
The real estate development project will require a $110 million investment which is backed by an additional $28 million in bonds from the Baltimore Development Corp. that will make the parking garage a reality. Residents and office workers will be able to enjoy a fitness center and a rooftop swimming pool with a lounge area.
It’s one of the featured projects to be turned into reality by Donohoe Construction Company, who has served the Washington, DC Metro area community since 1884. The 1 Light Street development has been welcomed by Baltimore city leaders and the Downtown Partnership, as a positive step in the continuing transformation of the area.
Not only is this project expected to benefit and positively continue to transform downtown Baltimore, its design, and architectural plans are benchmarked to comply with LEED Silver Certification to protect our environment. LEED, which stands for Leadership in Energy and Environmental Design, are buildings designed to be resource efficient and to have less impact on the environment. They use less water. They use less energy, which reduces greenhouse gas emissions in comparison with other buildings of the same size and blueprints.
Metropolitan’s CEO has expressed its commitment “… to do a terrific project, …a great benefit to the city and something we can all be proud of”.