Prominent Baltimore developers team up for Hollins-Roundhouse project
Two of Baltimore’s top developers have teamed up to continue efforts to redo the area surrounding historic Hollins Market.
Scott Plank and Ernst Valery said Thursday they had formed a partnership to bring at least 12 new townhouses to the community by 2022. Plank’s War Horse Cities and the nonprofit War Horse Cities CDC have teamed up with Valery’s newly-formed Aequo Fund and local management firm Corus Property Intelligence for the project.
The townhomes will be the next phase of a multi-year Hollins-Roundhouse community overhaul kicked off by Plank and other developers and centered around the rejuvenation of Hollins Market, now underway by the city.
The redevelopment work by War Horse started about five years ago in the Southwest Baltimore community near the University of Maryland, Baltimore campus and included the acquisition of several townhouses in the neighborhood for renovations. Two years ago, War Horse acquired a vacant clothing factory near Hollins Market to convert it into office and tech space at 1020 W. Pratt St.
War Horse was also selected in 2016 by the Baltimore Development Corp. to redevelop Hollins Market, but the deal fell apart due to funding issues. Instead, War Horse gussied up the exterior of the market using state grant funds awarded by the General Assembly.
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