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Westport Developer Lands $40M Apartment Project

Patrick Turner, the South Baltimore developer who wants to create a second Inner Harbor along the Patapsco River’s Middle Branch, has signed a deal for the first building on the property.

Landex Development, a Linthicum-based builder of rental housing, said it will build a $40 million, 200-unit, high-end apartment complex on the waterfront at Westport, Turner’s $1.2 billion mixed- use development project.

Construction is slated to begin in the fourth quarter of 2010, and finish about 18 months later, pending approvals of Landex’s design.

Peter Siegel, CEO of Landex, said Turner’s cleanup efforts are directly related to the marketing of his apartment complex, which he called “high-end rental for urban professionals.”

Landex has not selected an architect or determined price points for the units, but the company, which is run by Siegel and his mother, Judy, has renovated historic properties as rental housing in the city before. Most recently, the company was responsible for the redevelopment of Broadway Overlook, a housing project across the street from the Johns Hopkins Hospital that remade a century-old medical facility.

“We’re targeting individuals who want high-end housing, but who also want to partake in the walking trails, the environment around them,” he said.

Although Siegel added that he is looking at the Westport project with a “holistic approach,” he said his company probably would not bid on the town homes portion of it, because Landex has no experience developing for-sale housing.

“We don’t see any abnormal risk in Westport. We think it’s a viable project,” he said. “We wouldn’t get into a project this long-term if we didn’t think it was a great opportunity.”

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Gallery Lofts – Winner of the Winston-Salem & Forsyth County Community Appearance Commissions “Joseph Winston Award”.

            Award Cert

The Gallery & Arts Park 

A Collection of Urban Lofts &

A Reclaimed “Community Arts Park” Downtown, Winston-Salem

Project Summary:

Landex Corporation spent 4 years planning and working to renovate a nearly 70 year old building and industrial site into luxury loft apartments with urban amenities. The Gallery features 82 contemporary units with the distinctive architectural touches of classic urban lofts. Combining the simplicity of yesterday with the modern conveniences and high, energy efficient design standards of today, this development offers one of the area’s finest collections of unique loft apartments. It’s what downtown living was meant to be!

This 6-story building located at 181 East 6th Street was built in 1940 as a Hanes Knitting Mill plant and then readapted for use as a tobacco plant in 1960. Nearly 50 years later this building has been listed on the National Register of Historic Places by the Secretary of the Interior. Residents can live in a luxury loft apartment along the Avenue of the Arts in downtown Winston-Salem and be part of the city’s thriving arts and entertainment district. They are steps away from eclectic eateries, galleries and local boutiques, and just blocks from the Central Business District, Proposed Ballpark and Piedmont Triad Research Park.

The units include high ceilings, original restored maple hardwood floors, sound insulation, new large energy efficient E-glass windows along with ENERGY STAR certified appliances in open kitchens that flow into spacious living areas. The rooftop sundeck has panoramic views of the city in all directions and offers residents a place to barbeque, watch local events or even a movie.

Previously, the north side of the building had a loading dock, set 4 feet lower than the main floor with a retaining wall between this area and the north parking lot. Chain link fencing with barbed wire also surrounded this area as an industrial use. Now the north parking elevation has been raised for access at the main level, graded uniformly, nicely landscaped and includes a decorative black aluminum picket fencing and entry gate. Preferred parking is also available for bicycles, scooters and motorcycles.

The basement of the building has been converted from storage to underground parking for the apartment tenants. An expanded brick paver landing was installed to allow for a proper handicapped entry. Old metal roll-up doors are now replaced by glass front brushed aluminum garage doors. The main entrance to the building on the south side has a new glass storefront entry into the sales center replacing the old metal roll-up door.

The Entry Lobby along with the 1st & 2nd floors will have an Art Gallery to showcase the work of local artists and be rotated quarterly, providing an outlet for the many contributors of the local Arts Community. Landex Corporation has improved the Streetscapes along both sides of Chestnut Street and 6th Street with new street lighting, brick pavers and planters to include durable urban street trees and groundcovers.

South of the building, directly across 6th Street Landex Corporation has graciously provided a new reclaimed “Community Arts Park”, as it was previously an asphalt parking lot beside the RR tracks. Now it features lush green lawns, landscaped berms, sweeps of ornamental grasses, perennials and evergreens. There is new site lighting, brick pavers, benches, trash receptacles and pet dispensers for the convenience of the park patrons. A local artist has painted a vibrant “city skyline” mural to enhance an existing retaining wall. In addition to all of these amenities, 8 on-street parallel parking spaces and a new concrete sidewalk were added to encourage public use.

Landex Corporation hired the architect, Tise-Kiester Architects and landscape architectural/civil engineering firm, Stimmel Associates PA in the summer of 2005 to join the design team which included Goler Community Development Corporation. Construction of the project began in early 2008 with Weaver Cooke Construction as the General Contractor. Final construction was completed in May 2009. This team worked diligently to develop unified site elements honoring the buildings industrial style while utilizing the latest energy efficient, modern amenities.

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