The developer of the
Marketplace at Fells Point says that that the first phase of the $40 million apartment and shopping complex will be ready by the first quarter of 2014. It has also signed on Fells Point Main Street as a tenant.
Roughly half the retail and 59 apartments located east of Broadway will be completed at that time, says Dolben Co. Senior Vice President Drew Dolben. The completion of the remaining 100 apartments and 13,000 square feet of retail is still several years out, Dolben says.
Early 2014 is also when Dolben Co. will debut the renovated former Fells Point Comfort Station at 1630 Aliceanna St., which Dolben bought from the city in late 2011 for $275,000.
The former comfort station will house the new office of
Fells Point Main Street, which signed a 10-year lease with Dolben. The nonprofit, which promotes the neighborhood’s historic district, will move from its current location at be located on the second floor. The first floor will house a fitness center for the apartment residents.
Dolben says it is wrapping up the foundation work along the 600 block of Broadway and building a new structure behind of the facades.
The idea is to construct a modern building while retaining the historical details. Dolben says he is now wrapping up the foundation work.
“When you walk down Broadway, you’ll think it’s been there for 100 years,” Dolben says.
Based in Massachusetts, Dolben has a regional office in Anne Arundel County’s Odenton. Dolben
acquired the rights to develop the apartment and retail portion of the Marketplace at Fells in December 2011 from South Broadway Properties LLC’s Dave Holmes. South Broadway is still leading the $5 million renovation of the Broadway Market.
Writer: Julekha Dash
Source: Drew Dolben, Dolben Co.