Written by: Ghadeer Mansour
ULI Baltimore had the privilege of touring the newest offices at McHenry Row, brought to life by developer Mark Sapperstein. Guests listened to Mark’s lessons learned, laughed with him at bumps in the road, and gained motivation by his focus on end-results. He shed light on the development process, with an early decision to break the project into 9 parcels to make it easier to finance. “We’re standing in a building 14 years later… condensed into a 15 minutes story,” said Mark. “It’s a story about sticking with a plan, communicating with partners, working through the good and bad times, and how a sole operator and small team can get to a finish line by listening through all cycles of the economy.”
In addition to the Porter Street luxury apartments, a Harris Teeter grocery store, and a variety of retail shops and restaurants, the mixed-use McHenry Row community has created an office market outside of the central business district of Baltimore. The Star Building, completed in January of 2019, is the fourth office building at McHenry Row. It features views of the harbor, sun light beaming in through expansive windows, 15’ high ceilings, energy efficient building systems, modular design juxtaposing traditional construction, adjacent parking, and bike facilities. The five-story building is 80% leased, with potential space plans for the 2nd floor in discussions. The remaining floors house Gross Mendelsohn, Kimley-Horn & Associates, Inc., & MOI, Inc. who each graciously opened their doors to ULI Baltimore.
Following the presentation, Q&A, and tours, networking continued at the local rustic-meets-industrial taproom of Diamondback Brewing Company.