Originally Published October 7, 2019
By Baltimore Business Journal
Just over half of the 282 apartments at the 22-story Liberty Harbor East have been leased over the past five months as the luxury development gets ready for its grand opening on Tuesday.
The leasing figures were released Monday as finishing touches at the $170 million waterfront project were in the works. A 50,000-square-foot Whole Foods market is expected to open in the ground level by March, said Tim O’Donald, president of developer Harbor East Management Group, during a tour.
The Liberty Harbor East broke ground in 2016 and is the latest luxury development to open in Baltimore as part of an ongoing trend to add upscale multi-family projects to the skyline.
The development joins the 392-unit 414 Light Street, which opened in 44 stories across the water last year and has panoramic views of the Inner Harbor. Last month, Bainbridge Federal Hill opened off Key Highway with 224 apartments on eight stories near Digital Harbor High School. Around the corner from Liberty Harbor East, construction is ongoing for a 400-unit, 24-story tower on the former Della Notte Ristorante site from AvalonBay Communities.
Amy Nelson, general manager of Liberty Harbor East for Bozzuto Group, co-developer for the project, said Monday tenants began to move in Aug. 1 and the building is now about one-third occupied. A total of 145 leases had been signed so far at an average pace of 49 a month.
Read full article