520 Park developer plans to start neighboring $30M apartment project in April

A $30 million Mount Vernon apartment project planned to go up next to the successful 520 Park warehouse conversion could be ready for occupancy in spring 2017.

The new apartment complex, planned for 500 Park Ave., will be ready to break ground in April, said Charles Alexander, principal at the project’s architecture firm, Ellicott City-based Alexander Design Studio. Baltimore developer Time Group moved to build 500 Park after finding overwhelming demand for its recently completed residential and retail conversion of the adjacent Hochschild Kohn Warehouse.

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