Owings Mills To Gain 72 New Workforce Homes at Red Run Overlook
Enterprise Homes and Pax-Edwards developing 72 mixed-income apartments in rapidly growing section of Owings Mills with good connections to jobs, transportation and retail
BALTIMORE (November 1, 2018) – Business leaders and government officials from the national, state and local levels, including U.S. Senators Ben Cardin and Chris Van Hollen and Baltimore County Executive Don Mohler, joined representatives of Enterprise Homes and Pax-Edwards to break ground today on Red Run Overlook, a new apartment community in Owings Mills. Red Run Overlook will provide its residents well-designed homes in an area that has experienced rapid residential, retail and commercial growth in recent years.
Because of Owings Mills’ economic success, the community has a significant need for housing that serves the local workforce. Located at 10630 Red Run Blvd. in Owings Mills, Red Run Overlook is new construction that will offer 72 mixed-income apartments on a suburban-infill site. This transit-oriented development is close to numerous bus lines, and the Owings Mills Light Rail station, and is also convenient to I-795.
“Transit-oriented developments like Red Run Overlook help move us toward the shared goal of reducing traffic on our roads, and projects like this that are located near growing job markets help companies find and retain quality workforces,” said U.S. Senator Ben Cardin, Ranking Member of the Senate Subcommittee on Transportation and Infrastructure. “A remarkable number of public and private partners have worked shoulder-to-shoulder to bring this vision to reality, and I appreciate the opportunity to help commemorate their efforts in today’s opening of Red Run Overlook.”
“Ensuring the housing needs of our communities are met is crucial to growing our economy and keeping Maryland on the road to success. This new development will provide more Marylanders with homes that are both affordable and provide easy access to transit options,” said U.S. Senator Chris Van Hollen. “I’m glad that federal funding helped make this a possibility, and I will continue working to make sure our state has federal support to build and improve housing options.”
Expected to open in Fall 2019, Red Run Overlook will consist of a high-quality, four-story, elevator-served building and will offer a mix of one-, two- and three- bedroom apartments with a variety of common spaces, including a club room, computer lab/homework room, game room, fitness center, and laundry room. The well-landscaped site will also provide parking and outdoor recreational areas for families.
“Our communities and our economy need more housing affordable for working families,” said Chickie Grayson, president & CEO of Enterprise Homes. “Red Run Overlook will offer more than 70 well-designed, affordable homes for individuals and families who will add to the vitality of the Owings Mills community.”
Funding for the development, which will cost $22 million, came from a range of sources: the Maryland Department of Housing and Community Development, Baltimore County, Bank of America, N.A., Enterprise Community Investment and Bellwether Enterprise.
“Owings Mills is a welcoming community with new housing opportunities for people from all walks of life,” said Don Mohler, Baltimore County Executive. “We thank Enterprise Homes and Pax-Edwards for their partnership and steadfast belief in the power of a home to bring people and communities together.”
Speaking at the event were Sen. Cardin, Sen. Van Hollen, Delegate Shelly Hettleman, Baltimore County Executive Don Mohler, Baltimore Councilman Julian Jones, Secretary Kenneth C. Holt of the Maryland Department of Housing and Community Development, and Sabina Kelly of Bank of America.
“The State of Maryland is proud to support this new development, which will provide affordable, quality workforce housing in Baltimore County,” said Secretary Holt. “Under Governor Hogan’s leadership and as a result of the support of our partners and advocates, the Maryland Department of Housing and Community Development has provided financing to create or preserve more than 15,000 units of affordable housing statewide during the last four years.”
The architect is Moseley Architects, and the contractor is Whiting-Turner. R Home Property Management will be the property manager.
Enterprise Community Partners is a proven and powerful nonprofit that improves communities and people’s lives by making well-designed homes affordable. We bring together the nationwide know-how, partners, policy leadership and investments to multiply the impact of local affordable housing development. Over 35 years, Enterprise has created nearly 529,000 homes, invested $36 billion and touched millions of lives.
Over more than three decades, Enterprise Homes, Inc. has earned an unparalleled reputation for creating thoughtfully planned communities that deliver exceptional value and quality of life. Enterprise has developed and/or owns communities that include more than 11,300 homes throughout the mid-Atlantic Region. http://www.EnterpriseHomes.com