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Edmondson Village Shopping Center

Edmondson Village Shopping Center

Type

Retail - Shopping Center

Location

Baltimore, MD

Est. Project Cost

$30.9 million

Size

135,000 SF

Public Financing

New Market Tax Credit, City and State Grants

Sponsor

Chicago TREND

Private Financing

N/A

Closing Date

2024

Neighborhood Shopping Center

Revitalization of a neighborhood shopping center by a Black-led, racial-equity investment company. Overturned discriminatory covenants; a wealth-creation initiative with community residents participating in ownership.

Estimated Economic and Social Impact

Supports 200 permanent jobs and 45 construction jobs. 200 community residents participating in ownership creating wealth.

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