Year in Review 2019: Luxury apartment expansion keeps rolling on
By Melody Simmons Reporter, Baltimore Business Journal
Baltimore's luxury residential boom continued last year as large, multi-family projects continued to open up downtown.
Photo: Carley Milligan
Nearly 800 new units started leasing this year in high-profile, luxury developments at The Luminary at One Light, Liberty Harbor East and Bainbridge Federal Hill in Locust Point. Eleven luxury penthouse apartments opened in the spring at 414 Light St., months after 383 apartment units there opened for leasing.
The units lease at rates between $1,200 a month for a one-bedroom to over $8,000 a month for a penthouse.
