Lendlease Announces Beginning of Construction for Ultra-Luxury 44-Story Apartment Tower in Baltimore

Lendlease, one of the world's largest international property, infrastructure and construction management firms, is pleased to announce the start of construction for 414 Light Street. Questar Properties has chosen Lendlease to provide construction management services for the ultra-luxury 44-story apartment tower on Baltimore's Inner Harbor.

On March 15th, Questar, Mayor of Baltimore Stephanie Rawlings-Blake, local business leaders, and Lendlease gathered at the project site to host a groundbreaking ceremony to mark the beginning of construction. Upon project completion the project will be among the tallest in Baltimore.

The project site is rich in Baltimore's history and was once home to the McCormick Spice factory; for more than 20 years the project site was being underutilized, serving as a parking lot. The new tower will have 394 units, six-levels of above-grade parking, over 12,000 square-feet of retail space on the first floor, rooftop amenities such as a pool, grill, gym and pet spa. The project is targeting LEED-Silver certification upon completion.

"We are excited to be managing the construction of a project that will transform an iconic site into a building that will provide long-lasting benefits to the local community," said Steve Conley, EVP and Principal in Charge of Lendlease's construction operation in the Washington DC metro area. "414 Light Street is a tower that will redefine the skyline of Baltimore and will enhance the growth of the Inner Harbor."

Lendlease has been operating successfully in the Washington DC metro area since 1984, and is currently managing over $450 million worth of construction projects throughout the area. Lendlease provides a full range of services including development, construction management, general contracting, program management, project management, design/build and consulting services. The office's core market sectors consist of multi-family residential, commercial office, mixed-use, education (university and K-12), healthcare, federal government, cultural, retail, hospitality and historic preservation.

Source: http://www.lendlease.com

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