Yard 56 II Medical Plaza

Location

Baltimore, MD

Est. Project Cost

$36.6 million

Public Financing

New Market Tax Credit

Private Financing

Bank Financing

Type

Healthcare

Size

71,000 SF

Sponsor

MCB Real Estate, LLC

Closing Date

Q4 2021

FQHC Anchored Medical Office Development

Located in a medically underserved community, the MBE developer-led project will transform a brownfield site into a 71,000 square foot medical plaza anchored by Baltimore Medical System.

Estimated Economic and Social Impact

Supports 76 construction jobs, 218 permanent jobs, brownfield remediation, and access to quality healthcare.