Construction has kicked off on a new 149-unit loft-style apartment project in Highlandtown as the latest addition to the neighborhood's ongoing renaissance.
The $32 million project by CLD Partners and Workshop Development will replace the community's once-beloved Epstein's department store and warehouse at Eastern Avenue and Bank Street.
The preliminarily named Bank Street Lofts will hold studio apartments and one and two-bedroom units as well as eight fully furnished co-living units with three or four bedrooms, said Chris Mfume, managing partner for CLD. The units will be market-rate, aimed at middle-income renters with rates lower than the luxury apartments in the city.