Rotunda Redevelopment Finally Begins Almost A Decade After Sale
BALTIMORE (WJZ) — A decade after a local developer bought The Rotunda, hoping to redevelop it, ground is broken and the project is moving forward.
Mary Bubala takes a took at what city residents should expect.
By the end of 2015, The Rotunda will have new apartments and retail space, as well as areas for outdoor events and festivals.
The project had many fits and starts since 2005, when the developer based out of New Jersey bought the mall.
“Looking to the future, Hekemian continues to pursue opportunities to acquire, develop and enhance new and existing real estate opportunities. And The Rotunda exemplifies the enhancement of an existing real estate opportunity,” said Bryan Hekemian.
A groundbreaking this week is a dream realized for the developer and city leaders after many, many community meetings over traffic, parking and the scope of the development in neighborhoods like Roland Park and Hampden.
“To get this right was essential and we did,” said Mayor Stephanie Rawlings-Blake. “And while many people believe that development only happens downtown or along the waterfront, this project demonstrates the investment is also happening in our neighborhoods.”
A Mom’s Organic Market is also coming as part of the $100 million redevelopment at the Rotunda.