ULI Baltimore April Content Before Cocktails - Hohm Apartments

When

2023-04-12
2023-04-12T17:30:00 - 2023-04-12T20:00:00
America/New_York

Choose Your Calendar

    Where

    Hohm Apartments 3905 Bank Street Baltimore, MD 21224 United States

    Pricing

    Pricing Members Non-Members
    Private FREE $50.00
    Public/Academic/Nonprofit FREE $50.00
    Student FREE $50.00
    Under Age 35 FREE $50.00
    Hohm Highlandtown, a collaboration between Workshop Development, CLD Partners, and Old Town Construction, is a newly built, 149-unit apartment building in one of Baltimore’s most sought-after sub-markets. Designed to connect residents with the heart of the city and to embrace all that Baltimore has to offer, Hohm is perfectly situated to allow residents access to Highlandtown’s small businesses, emerging artists, and cultural institutions. Hohm is just minutes away from major retail destinations such as Target, Harris Teeter, and Sprouts and a short drive from Interstate 95 and Johns Hopkins Bayview, one of Maryland’s largest employers.
     
    The idea for Hohm began in 2018 when CLD Partners discovered the old Epstein’s Department Store for sale at 3905 Bank St. After placing the property under contract, CLD Partners met with future partners Workshop Development and Old Town Construction to pitch the deal. Recognizing the chance they had to create a product unavailable in Canton and new to Highlandtown, the partners jumped at the opportunity and began moving the project forward. In an effort to create a building fit for the urban environment, the development team hired an emerging Baltimore-based architect, PI.KL Studio, to lead the design process. After completing conceptual and schematic phases, the team settled on Hohm’s current design and site layout. The project team advanced the plans to the construction phase and broke ground in March of 2021.
     
    After 22 months of construction and $33,000,000 in spending, Hohm opened to the public in January of 2023 and began accepting its first tenants. Hohm’s unique apartments offer a variety of floor plans with high-end modern finishes and community amenities that elevate residents’ urban living experience. Of the 149 units, 115 are studio apartments, 17 are 1-bedrooms, 9 are 2- bedrooms and 8 are co-living units. Rents are moderately priced for the area, starting at $1,325 for a 425 square foot studio and capping out at $4,695 for a fully-furnished 4-bedroom. Unique community amenities include a Bluetooth enabled Latch keyless entry system, two elevators, a fitness center, a resident lounge with complimentary Wi-Fi, bike storage, equipment lockers, and a pet spa. In unit features include quartz countertops, stainless appliances, in-unit washers and dryers, oversized windows and courtyard access.
     
    Hohm’s current lease-up and management operations are being run by WPM Real Estate Management. The building is leasing well and we are looking forward to welcoming other Baltimoreans who are interested in finding a moderately priced and thoughtfully finished apartment to call Hohm!

    Speakers

    Christopher Mfume

    The Civic Group

    As the managing partner of CLD Partners, Christopher Mfume is responsible for leading all development and investment activities and guiding the firm’s projects through inception to completion. Prior to founding CLD, Mr. Mfume worked for Beatty Development Group where he had active roles in over $400 million in real estate investment and development. He holds a B.A. in Political Science from Wake Forest University and serves on the board of several non-profits including the Baltimore Tree Trust, and the Baltimore Hotel Corporation. He is also a member of the Urban Land Institute and Thread, a volunteer-driven mentor program.