Phase 2 Set to Begin at Federal Place in Federal Hill
The new construction townhome market continues to heat up in South Baltimore as new projects are proposed, long-awaited projects are completed, and long delays between construction phases are ending. Federal Place in Federal Hill first began in the mid-2000s at a former industrial site between Key Hwy., Jackson St., Gittings St., and Covington St. Lennar built 26 new-construction townhomes and now, after a long wait, Phase 2 will be getting underway soon. The site has been purchased by ©Richmond American Homes, Inc. (RAH) and it will be completing the development with 23 new townhomes.
RAH is headquartered in Columbia, however this will be its first project in Baltimore City. “Federal Hill is a great area and the overall economy right now in the city is very attractive to us,” said Jeff Barba, land acquisitions manager for RAH. “We’re really excited about this project.”
RAH purchased the property at the end of March and currently has two other properties under contract in Hampden. These properties will also be used to construct new townhomes.
Light land development is needed for the Federal Place project, which RAH will begin in April. RAH then plans to begin construction of the homes soon with the hopes of having its first residents in the fall.
While features and specifications may vary, the homes are expected to have a brick exterior, a two-car garage, and four finished floors. The first floor will feature the garage and a rec room, and the second floor will have a kitchen, living room, and great room. Bedrooms will be located on the third floor and the fourth floor will feature a roof top deck, entertainment area, and an additional bedroom.
Homes plan to start in the lower $500,000s and buyers will be able to customize their home’s features. Quick move-in homes with pre-determined options may also be available.