People see new construction around town and think, “that must be where all the action is.” Thee census numbers show, once again, that Baltimore’s traditional Downtown has the highest population growth in the city… by far.
There are two ways of looking at it:
- The number of people living in Census Tract 401, which is what most people think of when they picture Baltimore’s Central Business District, grew 70%.
- Zooming out to the larger Community Statistical Area (Downtown/Seton Hill), the residential growth rate was almost 47% over the past decade.
It’s also important to note that Downtown neighborhoods continue to be some of the most racially and economically diverse.
Downtown Partnership of Baltimore will continue to lead with our values by supporting local and minority-owned businesses, encouraging development of affordable apartments, and creating a street-level atmosphere where people of all different backgrounds feel welcome and engaged.
The story of Downtown Baltimore’s Central Business District is evolving. In the past 15 years we have seen several office to residential conversions, welcomed several theaters and live performance venues, and created a thriving Arts and Entertainment District to connect the CBD to the growing University of Maryland Systems footprint. If you haven’t been in the Inner Harbor, Charles Center, or Bromo District lately, then you may not know that The Gallery office building was purchased and renovated by Brookefield Properties, COPT is completing a huge outdoor improvement plan at Pratt & Charles Street, two new apartment buildings have come online at Redwood and Fayette Streets, and BGE purchased and renovated the property next to their headquarters at Center Plaza.
This is really just a short list, because despite the pandemic, there is still quite a bit of positive movement in the Downtown Baltimore market.
