Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management. Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management.
Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management.
Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management.
Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management.
Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management.
Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management.
Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management.
Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management.
Landex Corporation improves the quality of living for residents and their communities through urban redevelopment and residential property management

Broadway Overlook
Baltimore, Maryland


After


After


Before


Before

Project Description
This is a redevelopment of an obsolete and distressed 429-unit public housing complex. All existing improvements on the seven-acre, inner-city super-block were demolished and the site was swapped for another site (diagonally across the street) with Johns Hopkins Medical Institutions. The Revitalization Plan calls for transformation of the existing housing into a mixed-income, mixed-tenured, and mixed-financed traditional urban neighborhood, fostering and sustaining social, racial, and economic diversity. The new development will include 166 units of for-sale and rental housing for low, moderate, and market rate households in 10 building types and a community center with daycare services.

Project Cost
$62 Million

Financing
HOPE VI: $ 21.4 Million
Homebuyer Mortgages: $ 3 Million
Equity: $ 6.5 Million
Maryland Department of Housing and Community Development: $ 7 Million
Baltimore City Department of Housing and Community Development: $ 2.1 Million
Johns Hopkins Medicine: $ 3 Million
HABC Demolition: $ 5 Million
Tax Exempt Bonds Issued by Maryland CDA: $ 13 Million

Community and Supportive Services

A holistic, results-oriented program designed to make available the range of resources and services. The fundamental premise of the Broadway Overlook Community and Support Services (CSS) strategy and program is to create and connect a network of existing public and private community based resources, many of which are already established within the East Baltimore Empowerment Zone. To ensure the effective delivery of the CSS Program and to avoid wasteful overlap or duplication of efforts, the service delivery model for the Broadway Homes Revitalization Plan involves ongoing planning and collaboration with the Broadway residents, linkages with existing supportive and social services providers, and the creation, whenever necessary, of new partnerships with local service providers and community stakeholders.

Public & Private Partners

  • Baltimore City Department of Housing and Community Development
  • Broadway Overlook Resident Council
  • Citizens for Washington Hill Inc.
  • East Harbor Village Center
  • Enoch Pratt Free Library
  • Fannie Mae
  • Federal Home Loan Bank of Atlanta
  • Housing Authority of Baltimore City
  • Johns Hopkins Medical Institutions
  • Landex Corporation
  • MD Department of Housing and Community Development
  • SunTrust Bank
  • US Department of Housing and Urban Development

References

  • Paul Graziano, III, Commissioner
    Housing Authority of Baltimore City
    Phone: 410-396-3232
    Fax: 410-396-4943
  • Sally MacConnell, Vice Pres. Facilities
    Johns Hopkins Medical University
    Phone: 410-955-9816
    Fax: 410-732-8393
  • David Sowell
    Housing Authority of Baltimore City
    Phone: 410-545-3251
    Fax: 410-545-7359


801 International Drive, Suite 110
Linthicum, MD 21090
410.234.0111
Fax 301.927.7415