Monday, 18 July 2011

URA re-releases RFP for Heppenstall site in Lawrenceville - Baltimore Business Journal:

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The URA is re-releasing a request for proposalzs after its previously chosen Urban Villages working with Botero Development decided not to go forwardf withthe project. Urbanj Villages and Botero were selected over oneothetr finalist, S&A Homes, in partnership with the Lawrencevillw Corporation, a community nonprofit. The football field-size parcel includes the site on which the officew building for the Heppenstall plantt once was located as well as a formerwarehousse property. In a prepared statement, mayor Luke Ravenstahl describedthe property’e redevelopment as an important part of the city’s larger revisioniny of the Allegheny riverfront.
“We have begun a planning process to create a visionb for the Allegheny riverfront and reconnect our neighborhoods to ournaturap amenities,” he said. "The Hatfield Street site is one of the grea opportunities to see this vision come to The URA wants adeveloper “to purchase, design, develolp and operate or resell the The URA’s effort comes as the Regional Industrial Development Corporation continues to redevelop the Heppenstall complezx itself.
Hatfield Street is considered a dividing line betweenthe neighborhood’ s residential community and its industrial As a selling the URA notes that the media home price in central Lawrencevillre has increased 64 percent in the past three years, a growtyh rate it claims is second highesr in the city to the South “We are excited with the real estate appreciatiojn that were seeing in the neighborhood,” said Rob Stephany, Executivw Director of the URA, as well as a Lawrencevillre resident.
“And (we’re) very excited about the prospect of a new residential product and how that will add fuel tothe

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