Townhome Development at One Westport Hopes to Begin in Coming Months

| July 11, 2022 | 0 Comments

In partnership with Ryan Homes, Stonewall Capital hopes to begin work in late summer or early fall on a townhome development at the One Westport development. This will be the first phase of a $500-million, mixed-used development by Stonewall Capital on a 43-acre waterfront site in Westport in South Baltimore.

Stonewall Capital subdivided the 43-acre waterfront property in Westport into six development parcels. New Harbors will be Stonewall’s partner on a 300-unit affordable housing development at Parcel A, Ryan Homes will build 247 for-sale townhomes at Parcel B, and Woodfield Development will be the partner for a 350-unit apartment building with 40,000 sq. ft. of retail at Parcel C.

Parcel D will be a four-story, 100,000 sq. ft. innovation and office building with retail and likely a free-standing waterfront restaurant. A 14-acre public park will be constructed between Parcel B and Parcel C.

Phase Two of One Westport includes Parcel E and Parcel F. Parcel E will be a five-story, 250-unit apartment building, and Parcel F will be a five-story, 400-unit apartment building with possible retail.

Ryan Homes’ Parcel B site is 11.2 acres. Some of the new blocks will be directly on the shore of the Middle Branch and some will be facing the new 14-acre park.

Buyers will be able to choose from multiple home models. This includes three- and four-story options, as well as 16 ft. wide and 20 ft. wide homes. Buyers can additionally choose from three- and four-bedroom layouts with most homes featuring bonus recreation rooms or lofts. There are one- and two-car garage options, as well as the option to opt out of a garage for an additional storage or finished space. Homes will also have parking pads. Buyers can add second-story decks and rooftop decks to their homes.

The townhomes will start at around $350,000. Stonewall Capital Owner Ray Jackson told last year that he has seen a “tremendous response” for the homeownership opportunity at One Westport. He cited the waterfront and access to I-95, I-295, and the light rail as selling points for potential buyers.

Jackson said he expects the first new townhome deliveries in Summer 2023.

Stonewall Capital is still in litigation with Northeast Maglev, the group looking to bring the Superconducting Maglev (SCMAGLEV) to the northeast corridor of the United States. Northeast Maglev is attempting to condemn Stonewall Capital’s waterfront property to use for the SCMAGLEV tracks. This case was dismissed by Baltimore Circuit Court in August of last year, but in March of this year Northeast Maglev appealed the ruling at The Court of Special Appeals, which reversed the decision and remanded it back to Baltimore Circuit Court.

Jackson said this litigation has caused one of his development teams to pause work, but he expects work to start on Parcel A and Parcel C in about a year after the townhome development begins. With that said, he added in an email that “we are full steam ahead.”

One Westport was approved for subdivision in November 2021. Jackson said he is also moving forward on engineering plans and soon expects to have approval to move Kloman St. He said he is also working on finalizing a Memorandum of Understanding (MOU) on the new park with South Baltimore Gateway Partnership, Westport CEDC, and the City of Baltimore.

Renderings courtesy of Ryan Homes

Rendering courtesy of WRT and Stonewall Capital 

Master Plan rendering for courtesy of Stonewall Capital and MRA

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