8,000 Sq. Ft. Sharp-Leadenhall Warehouse to be Prepped for Residential Redevelopment

| October 23, 2018 | 0 Comments

An Alex Cooper auction for the 8,000 sq. ft., one-story commercial building on the .237 acre lot at 113-115 W. Hamburg St. in Sharp-Leadenhall was postponed today after failing to attract any bidders. The property has been owned for many years by Mark Sapperstein of 28 Walker, the developer of McHenry Row, Wheelhouse, Key’s Overlook, and other projects around the city.

The property and building is adjacent to the 7-Eleven and its parking lots at 1000 S. Hanover St., the parking lot for Leadenhall Baptist Church, the 1000 block of Race St., and the rowhomes along W. Hamburg St. The property is a couple blocks from M&T Bank Stadium and a block from Federal Hill Main Street.

The brick-front building features a small front parking lot, a loading dock, a garage door, a large warehouse space, and a dated interior office space with drop ceilings and wood paneling.

After the postponed auction, Sapperstein told SouthBMore.com that he would be going in a different direction with the property. He was hoping to find a warehouse user, but will now look to prep the property for redevelopment. He said he will demolish the warehouse and develop the land in preparation for another builder to take over. He noted that his expansions of McHenry Row and The Shops at Canton Crossing, as well as a housing development in Eastern Baltimore County, are keeping him very busy.

Auction documents showed three development concepts for the property from engineering firm Kimley Horn. One is a plan for five townhome lots with adjacent community green spaces, and a new street to access the front of the homes along the eastern portion of the property. The second is a plan for four new towhomes with large front driveways accessed by the existing curb cut on W. Hamburg St. The third is a plan for a four- to five-story, multi-family building with first-floor garage parking. The parking garage entrance would use the existing curb cut on W. Hamburg St.

The property has a C-1 zoning that allows for up to 34 housing units, and has a 60 ft. height restriction.

If Sapperstein decided to go the townhome route, he said he would prepare the lots and a home builder would finish the project. Similarly, Sapperstein developed the townhome lots on the land that surrounds Silo Point. That project, named Key’s Overlook, was completed by Beazer Homes.

A new townhome across the street at 116 W. Hamburg St. is currently listed for $479,000. It was constructed on a single vacant lot.

Sharp-Leadenhall has seen increased real estate investment in recent years with the $300-million, mixed-use Stadium Square redevelopment which has two of its three development blocks in Sharp-Leadenhall. Federal Point is also currently under construction and will bring 11 townhouses to the community.

Photos from the Alex Cooper listing

Concepts provided by Kimley Horn 

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Creator of SouthBmore.com and resident of SoBo. Graduate of Towson University and owner of Incept Multimedia, a full service video production company. Diehard Ravens and O's fan, beach volleyball enthusiast, dog lover and "bar food" foodie. Email me at [email protected] and follow me on Twitter at @SoBoKevin.
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