The Foundery Leaving Port Covington, Relocating to its Former Space in Southeast Baltimore

| January 22, 2019 | 0 Comments

The Foundery announced yesterday it will leave its 20,000 sq. ft. space at City Garage in Port Covington and return to its former properties at the corner of Central Ave. and Pratt St. in Southeast Baltimore. The Foundery made the move to Sagamore Ventures’ City Garage in 2016.

The team at The Foundery owns a 2,380 sq. ft. building at 207 S. Central Ave. and an adjacent 16,014 sq. ft. building at 201 S. Central Ave. They plan on developing these building into their next location later this year. The Foundery set up 207 S. Central Ave. in 2013 as a pilot for the business with plans to develop the larger building at 201 S. Central Ave.

The Foundery announced the move on its Facebook page:

An important announcement from The Foundery:

When we opened our doors nearly 3 years ago, our mission was to create Baltimore’s most affordable, accessible, and capable makerspace, with the ultimate goal of becoming self-sufficient, without charitable contributions or corporate subsidies. 2018 was a banner year for us, with over 1,000 classes held and more than 10,000 individual member visits. Although we also generated record revenues, they weren’t sufficient to overcome our operating deficit. We were unable to secure additional funding and now have to cease operations in City Garage.

On Sunday, January 27, The Foundery at City Garage will close its doors for the last time. We will remain open during regular hours until then so members can remove personal items. We intend to hold all scheduled classes through the 27th for members who are currently signed up. Regardless, we will refund members for those classes as well as all remaining classes, gift cards, and paid account balances over the next several weeks.

Our entrepreneurial approach to building a new kind of makerspace was risky and untested, but it generated many positive results. In addition to teaching thousands of people new skills, we supported hundreds of entrepreneurs and startups who used The Foundery as their launchpad into business. We also pioneered an innovative approach to workforce training where dozens of Baltimore City residents were introduced to manufacturing and the skilled trades. Along the way, we’ve had the support of more people and organizations than we can count, but we owe a special debt of gratitude to our business partner, Sagamore Ventures.

We aren’t finished yet, not by a long shot. We tell our members that The Foundery is a place to try new things, learn from mistakes, and try again. Although we are closing our City Garage location, we expect to begin development of our next location on Central Avenue in Baltimore later this year. We’ll incorporate all those lessons learned into a new approach and be back, better than ever.

From all of us on The Foundery team, thank you.

Phase 1A of the 235-acre Port Covington development is expected to begin in the coming months. The Port Covington Development Team consists of owners Sagamore Development Company, which is part of Kevin Plank’s Plank Industries umbrella of companies, and Goldman Sachs Urban Investment Group. Weller Development Company is leading the development of the project. The Port Covington Development Team said in an email statement that they have an immediate use for the 20,000 sq. ft. space as momentum builds with the larger project.

The Port Covington Development Team also said it is in conversations with Joe Jones at the Center for Urban Families (CFUF) about opening a hard-skills workforce training center at CFUF, which will be “ideal in terms of accessibility for West Baltimore residents.”

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The former and future site, screenshot courtesy of Google Maps

About the Author:

Founder and Publisher of SouthBmore.com, longtime resident of South Baltimore, and a graduate of Towson University. 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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