Greektown Phase One Approved And Set For Expansion
Kettler to Develop 139 New Townhomes and Downtown Park in Southeast Baltimore
December 3, 2007
Kettler, one of greater Washington DC’s largest real estate development and property management companies, announced today that Phase One of Kettler’s residential development in the Greektown neighborhood in Baltimore will soon begin. Following last year’s significant rezoning efforts, 14-acres of land previously used for industrial purposes will be transformed into a new urban community which will reflect the area’s proud history.
Receiving approval from the Baltimore City Planning Commission in November, Kettler will now set in motion plans for 139 townhomes to be built as well as 10,000 square feet of open space to be designed as a neighborhood park. Site development is planned for early 2008.
The Greektown community will follow the patterns of traditional urban neighborhood design. To promote walkability and community interaction, it will be structured into short blocks with street-trees along wide sidewalks. Greektown residents will have access to personal garages located directly behind each block of homes.
“We will continue to provide our residents with the utmost consideration in accessibility and design while contributing to the thriving Baltimore community with a newly revitalized neighborhood,” said Rick Hausler, President of Kettler.
The community will focus on a charming, urban pocket-park with walkways, benches and manicured landscaping within the first phase of development. The publicly accessible park is centrally located to allow homeowners and neighbors to relax in the tranquility of a natural setting set in the midst of this dynamic city.
“Every downtown community deserves an oasis. A focal point of Greektown will be the community park, where residents can socialize and relax,” added Hausler.
When Phase II is approved, it will add 235 additional townhomes and two 14-story multifamily towers with epic harbor views. At that time, the park and open space will be expanded by an additional 50,000 square feet.
Located in East Baltimore, adjacent to the Fells Point neighborhood, Greektown sits along O’Donnell and Oldham Streets. The community has convenient access to both I-95 and I-895 and is just blocks away from the new John Hopkins Bayview Campus and the National Institute of Health, two leading employers in Maryland’s growing healthcare sector.
Based in Northern Virginia and celebrating the 30th anniversary of its founding in 1977 by Chairman Robert C. Kettler, Kettler is a leading developer of award-winning, mixed-use residential and commercial properties across the Washington Metropolitan area. In 2007, Kettler was named one of the area’s largest private companies by the Washington Business Journal and is one of the nation’s top 20 multifamily developers. Kettler has developed more than five million square feet of commercial space and more than 50,000 homes. The company also owns and manages 10,000 apartments. Current projects include urban and transit-oriented developments, multifamily housing, commercial and mixed-use developments and resort communities.