A transformative project is set to reshape downtown Baltimore’s west side with the construction of Mayfair Place, a six-story residential and retail complex. This ambitious $26.8 million endeavor has received crucial financial backing from the city, marking a significant milestone in its journey toward becoming a vibrant community hub. The development integrates the historic Mayfair Theatre façade, blending past and present into an innovative urban space.
Empowering Urban Growth Through Innovative Development
The Financial Blueprint Behind Mayfair Place
The approval of a $960,000 city loan by Baltimore’s Board of Estimates has paved the way for this groundbreaking project. This loan is part of a comprehensive funding strategy that includes contributions from various sources such as Eastern Savings Bank, Black Economic Development, the State of Maryland’s Project CORE program, and Msquared. The total development cost stands at $26.779 million, encompassing hard construction costs, soft costs, developer fees, and financing expenses.The inclusionary housing loan will support the construction of eight units reserved for households earning 60 percent of the area’s median income. In total, 49 out of the 97 apartments will be income-restricted, ensuring affordability within this upscale development. The remaining 48 units will cater to market-rate renters, creating a diverse living environment.Honoring History: The Restoration of Mayfair Theatre Façade
Mayfair Place pays homage to Baltimore’s rich architectural heritage by incorporating the reconstructed façade of the historic Mayfair Theatre. Initially, developers aimed to preserve the façade in place but faced challenges due to proximity concerns with the Maryland Transit Administration’s light rail line. After careful deliberation, the Commission for Historical and Architectural Preservation (CHAP) approved the deconstruction and reconstruction plan, safeguarding this iconic structure for future generations.The integration of historical elements into modern architecture not only enhances the aesthetic appeal of the building but also fosters a deeper connection between residents and the city’s storied past. This approach ensures that Mayfair Place becomes more than just a residential complex; it becomes a symbol of Baltimore’s commitment to preserving its cultural identity.Design and Amenities: Crafting a Modern Living Experience
Designed by Moseley Architects and constructed by Zahlco Construction and Design, Mayfair Place promises to deliver a premium living experience. The development will feature 10,000 square feet of street-level retail space, offering residents and visitors access to a variety of shops and services. Above the retail area, 97 apartment units will be available, each equipped with modern amenities tailored to meet the needs of contemporary urban dwellers.Residents can enjoy a range of facilities including a fitness center, club room, lobby/sitting area, outdoor deck and lounge, bike storage room, and a theater room. These amenities are designed to foster a sense of community and provide residents with spaces for relaxation, socialization, and entertainment. The thoughtful design of Mayfair Place reflects a deep understanding of what today’s urban residents value most—convenience, comfort, and connectivity.Economic Impact and Community Benefits
The construction of Mayfair Place is expected to have a profound impact on the local economy. With a projected completion date in the fall of 2026, the project will create numerous jobs during the 20-month construction period. Once operational, the retail spaces and residential units will contribute to the economic vitality of the neighborhood, attracting new businesses and residents to the area.Moreover, the inclusion of affordable housing units aligns with the city’s broader goals of promoting equitable growth and addressing housing disparities. By providing a mix of income-restricted and market-rate apartments, Mayfair Place aims to build a diverse and inclusive community where all residents can thrive. This development represents a significant step forward in Baltimore’s ongoing efforts to revitalize its urban core and enhance the quality of life for its citizens.