Harbor East, Baltimore
Encyclopedia
Inner Harbor East, sometimes referred to simply as Harbor East, is a relatively new mixed-use development project in Baltimore
, Maryland
, United States
. Major tenants of Harbor East include Marriott International
and Legg Mason
.. A Four Seasons Residences is expected to open in late 2011 or early 2012.
William Donald Schaefer
to purchase a piece of land. Schaefer had instructed Paterakis to buy the land for 11.4 million dollars from Michael Silver with the idea that the city would re-purchase the land from him within the year at an interest and tax-adjusted price of $13.4 million.
The idea was to decrease the height of the buildings near the waterfront to create views of both the waterfront and the city, incorporated aspects of Mount Vernon Place with those of the Fells Point and Little Italy
neighborhoods.
, high-end retailers such as Urban Chic, a movie theater, and several restaurants. Legg Mason has moved their headquarters from the tallest building in Baltimore
to Harbor East. The new Legg Mason tower is located directly next to the Four Seasons currently under construction. The Four Seasons was initially expected to include 20 floors of condominiums above the hotel, however that was put off indefinitely due to lack of high end residential demand in Baltimore.
“The development of Inner Harbor East maximizes the existing history, culture, tradition, and economic health of the Inner Harbor. The dense urban development uses less land, is more pedestrian-oriented, and creates more value for the existing area."
Baltimore
Baltimore is the largest independent city in the United States and the largest city and cultural center of the US state of Maryland. The city is located in central Maryland along the tidal portion of the Patapsco River, an arm of the Chesapeake Bay. Baltimore is sometimes referred to as Baltimore...
, Maryland
Maryland
Maryland is a U.S. state located in the Mid Atlantic region of the United States, bordering Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware to its east...
, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
. Major tenants of Harbor East include Marriott International
Marriott International
Marriott International, Inc. is a worldwide operator and franchisor of a broad portfolio of hotels and related lodging facilities. Founded by J. Willard Marriott, the company is now led by son J.W. Marriott, Jr...
and Legg Mason
Legg Mason
Legg Mason, Inc. is an American-based global investment management firm with a focus on asset management. The company’s business is divided in two divisions: Americas and International...
.. A Four Seasons Residences is expected to open in late 2011 or early 2012.
History
Baltimore’s Inner Harbor waterfront was filled with decaying warehouses from the industrial boom in the 1900s. In 1983, Baltimore city officials hired a planning team for Inner Harbor East renewal area; this planning team included Stan Eckstut of Cooper Eckstut Associates. Three years later, in 1986, John Paterakis was approached by GovernorGovernor of Maryland
The Governor of Maryland heads the executive branch of the government of Maryland, and he is the commander-in-chief of the state's National Guard units. The Governor is the highest-ranking official in the state, and he has a broad range of appointive powers in both the State and local governments,...
William Donald Schaefer
William Donald Schaefer
William Donald Schaefer was an American politician who served in public office for 50 years at both the state and local level in Maryland. A Democrat, he was mayor of Baltimore from 1971 to 1987, the 58th Governor of Maryland from January 21, 1987 to January 18, 1995, and the Comptroller of...
to purchase a piece of land. Schaefer had instructed Paterakis to buy the land for 11.4 million dollars from Michael Silver with the idea that the city would re-purchase the land from him within the year at an interest and tax-adjusted price of $13.4 million.
Design
The initial plan stressed both sidewalks and streets to connect residents and visitors to the waterfront. “The public space system was highlighted by a 2000 feet (609.6 m) waterfront promenade that acts as a link to the Inner Harbor and to other nearby residential areas; bikers, joggers, and leisurely strollers bustle along this waterfront space."The idea was to decrease the height of the buildings near the waterfront to create views of both the waterfront and the city, incorporated aspects of Mount Vernon Place with those of the Fells Point and Little Italy
Little Italy, Baltimore
Little Italy is a neighborhood located in Baltimore, Maryland, United States.Situated just east of the Inner Harbor, it has one of the city's busiest restaurant districts. It is so named because of the large number of Italian immigrant families that moved into the area during the 20th century. The...
neighborhoods.
Inner Harbor East today
Inner Harbor East today features several high-rise hotels, apartments, and office buildings in a walking neighborhood. Retail tenants include a Whole Foods MarketWhole Foods Market
Whole Foods Market is a foods supermarket chain based in Austin, Texas which emphasizes "natural and organic products." The company has been ranked among the most socially responsible businesses and placed third on the U.S...
, high-end retailers such as Urban Chic, a movie theater, and several restaurants. Legg Mason has moved their headquarters from the tallest building in Baltimore
Legg Mason Building
Transamerica Tower , is a 40-story skyscraper in downtown Baltimore, Maryland completed in 1973. At , it is the tallest building in Baltimore, the tallest building in Maryland, and the tallest building between Philadelphia and Raleigh...
to Harbor East. The new Legg Mason tower is located directly next to the Four Seasons currently under construction. The Four Seasons was initially expected to include 20 floors of condominiums above the hotel, however that was put off indefinitely due to lack of high end residential demand in Baltimore.
“The development of Inner Harbor East maximizes the existing history, culture, tradition, and economic health of the Inner Harbor. The dense urban development uses less land, is more pedestrian-oriented, and creates more value for the existing area."