Mixed Use New Construction

Highland Haus Apartments

  • Garver initiated this project, where we acquired a long-vacant building and envisioned the creation of a 6-story mixed use building with 65 market-rate apartments, structured parking and 800 square feet of retail on a 0.33 acre site, surrounded primarily by two story row houses
  • Bought the property hours before foreclosure, assembled required equity to achieve the project, plan for long-term hold
  • Served as Development Manager for the partnership

OUR ROLE: Developer & Joint Venture Owner

PROJECT TYPE: Mixed Use New Construction

Protecting Interests

  • Spearheaded the re-zoning process
  • Oversaw all entitlements, design and construction, schedule and budget
  • Developed lasting relationships with local community groups

Value Creation

  • Achieved 90% occupancy three months after opening, and 100% two months later
  • Received 2019 ULI Wavemaker award, and 2018 award from the Baltimore Business Journal: “Best in Real Estate: Apartment/ Condo Project”; Third Place
  • Up-zoned the site in only 7 months and achieved all approvals to build
  • Determined that utilizing the natural grades on site could allow the efficient creation of enough structured parking on a very tight site
  • Obtained deep discounts from the electric utility, which greatly reduced the cost of the relocation of power, telephone and cable aerial lines into conduits. Without this change the yield on the site would have been greatly reduced.
  • Ensured compliance with the City’s property tax credit, requiring the cooperation of the local historical review agency and City’s law department

Contact Us

1340 Smith Avenue
Suite 200
Baltimore, MD 21209