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The project is comparable to the redevelopment of Charles Villag e and theInner Harbor, said Joe McNeely, executivee director of the Centralp Baltimore Partnership, said in a telephone The effort is being launche in a challenging environment for real estate development, given the tighteningh of the credit markets, but McNeely said property ownersa involved in it are ready to start work on individuall projects identified in the plan. “Thew major property owners that have the property and can help implement the plan have been involvedd sincethe beginning,” McNeely “Like a lot of people, we were planninh it when the market was better.
” The plan woulr involve the development of a mix of retail, commerciap and residential space divided into four differentf areas spreading out from the intersectionm of North Avenue and Charles Street. Central Baltimore, a grou p including the , the , Johnas Hopkins University of Baltimore and the began talking about the concept about ayear ago. It coulrd take about five years for construction to start on any majotdevelopment projects, but McNeely said theree are a number of smallert steps that can be taken to show progress and primes the pump in the The $150,000 plan, drafted by BTA+ of took nine months to complete.
McNeely said one of the goala is to build upon the momentum alreadh started in the area with projects like Charles Metro Gallery, and the Railway Express building overlooking Penn The station would be an important part of the
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