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Edmondson Village Shopping Center

Edmondson Village Shopping Center

Type

Commercial, Retail

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

Debt

Closing Date

2024

Neighborhood Shopping Center

The $30.9 million revitalization of Edmondson Village Shopping Center was led by Chicago TREND, a Black-led real estate firm. This 135,000 square foot project overturned restrictive covenants and created local wealth-building by enabling community ownership. Monge Capital supported NMTC and grant funding to empower equitable economic development in West Baltimore.

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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