South Baltimore Business Roundup

| February 19, 2013 | 4 Comments

Stuggy’s Moving to Old M&T Bank

After forwarding an inquiry from one of our loyal Twitter followers (@MEHOKIE) about the future tenants at the old M&T Bank on Cross St. to developer Arsh Mirmiran, SouthBMore.com found out that the Fells Point and Camden Yards hot dog restaurant Stuggy’s would be opening in one of the two retail locations at 17 East Cross St.  Here is more information from a Baltimore Business Journal article:

Ryan Perlberg, co-owner of Stuggy’s, said he has been scouting for space to house a second Stuggy’s location for about three years, and Federal Hill was a good fit. The new eatery will be larger than the Fells Point location and include countertop seating, as well as a few “unique” menu items Perlberg has yet to disclose.

Stuggy’s is famous for unique hot dogs like the Crab Mac & Cheese Dog, as well as serving food until 3am, Thursday through Sunday. Their location next to the Pizza Bolis on Cross St. will certainly be a popular location for late night food in Federal Hill.

Bodega Turned Luxury Home

One of our favorite pictures around South Baltimore was the “Yes We’re Open” sign on the always-closed Dawn’s Grocery (D’s) at 53 East Heath St.  The property has undergone an extensive renovation and is currently under contract.  From the listing:

**SAVE $$$ thousands on prop taxes with Historic Tax Credit** Incredible 3BR 3BA complete rehab in Federal Hill. PARKING pad, hardwood, granite, SS appliances, open floor plan with gourmet kitchen and tons of cabinet/counter space, beautifully tiled baths, finished basement, All major systems NEW and under warranty until 12/31/13, rubber roof with 10 year warranty. This is a must see!!

The property is a nice improvement to the corner of Heath and Marshall St. in South Baltimore.

Follow the UA Yellow Brick Road

Construction on a “yellow brick road” in Locust Point and at the Under Armour headquarters has begun.  Here is more info from the Locust Point Civic Association Facebook Page:

Under Armour Sidewalk Construction

Under Armour has started the demolition on the west side of Haubert Street for the “yellow brick road”. They have begun the work within their parking lot, but will eventually move to the sidewalk area, connecting the neighborhood and campus along Haubert Street (from the Cheer Building to the Dawn Building) across the Key Highway extension.

Construction is expected to take approximately two months but the sidewalk should be open sooner than that.

Building Character Moves to New Office

Building Character LLC, featured in our recent article on 37 Birkhead St., has moved into a new office and garage on 1018 Race St., vacating their former office space at 1827 Marshall St. which is now leased by another neighborhood contractor.  Both buildings have undergone a new paint job.

 

About the Author:

Creator of SouthBmore.com and resident of SoBo. Graduate of Towson University and owner of Incept Multimedia, a full service video production company. Diehard Ravens and O's fan, beach volleyball enthusiast, dog lover and "bar food" foodie. Email me at Kevin@InceptMM.com and follow me on Twitter at @SoBoKevin.
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  • Mulfacados

    Kevin,

    Live around the corner from the new rehab on Heath. I totally understand why they removed the windows from Marshall St side of the house, but at the same time I think it was an odd decision — know what I mean? No windows? Also, not sure I understand the $309,000 listing price. Why not price it higher, say $320,000 and see how the market plays out.

    When looking at home listings in our area of of South Bmore I see pricing all over the board. There seems to be no rhyme or reason and when talking to agents they give feedback on listing a 3bed+/2.5bath+ for more than that price of $309,000. No matter if it is a newer rehab or only a couple of years removed. This real estate market is crazy.

    Thoughts?

    • http://www.facebook.com/people/Kevin-Lynch/1259877595 Kevin Lynch

      Seems the market is very hot right now. I sold a house in the fall that was big, would have loved to have gotten as much as 309k. When a house is brand new, has parking, and the historic tax freeze, it seems they can name their price. Not sure why they didn’t list this house for more, but I’m pretty darn impressed if a small rehab with no roof deck can get over 300k on that corner.

      When you actually get in the homes you can start to see the difference as well to why the prices vary. Crazy that the Harbor Square homes are getting well over 400k when they started out around 390k.

      • Mulfacados

        Thanks for the feedback. Agreed about the Harbor Square homes. About to list my house through a friend of mine that helped my buy it 4 years ago. Not sure how this will play out, but I hope in my favor!

    • Nick

      Heath street is the worst drug infested street in south baltimore, which is probably the reason for the low listing price.