Baltimore Multifamily for Sale - Baltimore Midtown
THE COPYCAT BUILDING: A LANDMARK REDEVELOPMENT OPPORTUNITY
The Copycat Building is a rare landmark redevelopment opportunity located in Baltimore’s thriving Station North Arts and Entertainment District. This massive 265,000-square-foot, 6-level building encompasses a full city block and is a prominent feature of the Baltimore skyline. With its rich history and prime location, the Copycat Building is an ideal investment for a visionary developer.
Originally built in 1897 as the main factory for the Crown Cork & Seal Company, the building is a marvel of Victorian Industrial architecture. For decades, it was a hub of innovation, producing the world-famous crown-style bottle caps. In the 1980s, the building transformed into an iconic live-work space, becoming a haven for Baltimore's burgeoning art scene and fostering a vibrant community of creative professionals. This unique heritage makes the Copycat Building more than just a property; it's a piece of Baltimore history.
Property Features
This mixed-use property is zoned IMU-1 (Industrial Mixed-Use) with a Planned Urban Development (PUD) designation, allowing for a wide range of uses, including multifamily, retail, office, and industrial. The 1.25-acre site offers significant development potential.
Key Features include:
• Size and Structure: 265,000+ square feet on six levels, constructed with a durable concrete, steel, and masonry frame.
• Parking: A private parking lot, indoor garages, and abundant street parking.
• Accessibility: Multiple passenger and freight elevators, loading docks, and bays.
• Utilities: 3-phase electric service and a full wet and dry sprinkler system.
• Signage: A massive 3,000+ square-foot rooftop billboard with high visibility from I-83 and Penn Station.
Unbeatable Location
The Copycat Building is strategically located in the heart of the Greenmount West Planned Urban Development and the Station North Arts & Entertainment District. Its location offers unparalleled access and visibility.
Location Highlights:
• Adjacent to Penn Station: With 3 million commuters passing through annually, the building is perfectly positioned to attract residents and businesses seeking an easy commute. The ongoing $150 million renovation of Penn Station will further enhance the area with new residences and retail.
• High Visibility: The building is a landmark visible from I-83, which sees over 110,000 cars per day, and from Penn Station.
• Walker's Paradise: A Walk Score of over 90% means residents and tenants can easily access major employment centers, educational institutions, entertainment venues, and shopping.
• Development Incentives: The property is located in an Opportunity Zone and qualifies for Historic and Energy Incentives, providing significant financial benefits for redevelopment.
• Connectivity: Quick access to major highways (I-83) and key Baltimore neighborhoods like Downtown, Mt. Vernon, and Charles Village. The building also offers expansive views of the Baltimore skyline and visibility to the Inner Harbor.
The Copycat Building represents a unique opportunity to transform a historic industrial icon into a modern mixed-use development, capitalizing on Baltimore's ongoing renaissance and the growing demand for housing and commercial space.
There are a number of documents in the Documents section of this website that explain potential uses and financial incentives provided for renovating this property.
LEARN MORE ABOUT THE NEIGHBORHOOD
Investing in Baltimore’s Station North Arts and Entertainment District is a strategic decision that aligns with both cultural enrichment and smart urban development. This neighborhood is a shining example of visionary urban planning, making it an attractive proposition for investors and anyone interested in infrastructure growth.
A Thriving Cultural Hub and Urban Renaissance
• Cultural Capital: Station North is a cultural epicenter, boasting a diverse array of theaters, galleries, performance spaces, and artistic institutions. This concentration of cultural assets contributes to the city’s identity and draws a constant stream of visitors, fostering a thriving economic ecosystem.
• Infrastructure Renaissance: Recent infrastructure enhancements have transformed the district into a model of modern urban living. Upgraded streets, walkways, and public spaces create an inviting environment that encourages pedestrian activity and social engagement.
• Transportation Hub: Station North’s strategic location offers easy access to Baltimore’s robust public transportation network. Proximity to transit options facilitates seamless connectivity to surrounding neighborhoods and the broader city, adding to the neighborhood’s allure for both residents and visitors.
• Mixed-Use Developments: The area's forward-thinking urban planning has led to mixed-use developments that seamlessly blend commercial, residential, and cultural spaces. This harmonious integration not only enriches the neighborhood's appeal but also creates investment opportunities across various sectors.
• Historic Character Meets Modern Amenities: The district’s historic charm is preserved while being complemented by modern amenities. This unique juxtaposition creates a distinctive atmosphere that appeals to both the nostalgia of the past and the aspirations of the future.
• Educational Institutions: The presence of esteemed educational institutions within or near the district, such as universities and colleges, contributes to a steady flow of young talent and a knowledge-driven economy, further boosting the area’s potential for growth.
• Revitalization Success: The district’s revitalization efforts have garnered recognition and accolades, signifying its transformation and foreshadowing its continued trajectory of improvement and development.
• Entrepreneurial Spirit: The creative energy permeating the Station North Arts and Entertainment District fosters an environment conducive to innovation and entrepreneurship. As a result, the area is a magnet for startups, artists, and makers seeking to thrive within a collaborative ecosystem.
• Resilience and Sustainability: The district's emphasis on sustainable practices and community resilience serves as a model for responsible urban development. These initiatives not only contribute to the neighborhood's long-term sustainability but also align with broader global trends.
• Investment Returns: As the Station North Arts and Entertainment District continues to evolve and flourish, the investments made today are poised for significant returns. The district's unique combination of cultural significance, modern infrastructure, and strategic positioning ensures its enduring appeal to residents, businesses, and visitors.
