Restoring Historic Markley Hotel
When it opened its doors in 1876, Markley’s Store in Northeast Baltimore was part of Harford Road’s bustling commercial trade. But today, the long-vacant building is reflective of the corridor’s decline, with nearly 30 percent of residents pointing to Harford Road as their community’s greatest weakness. But not for much longer. Thanks to a partnership between MCB, Hamilton-Lauraville Main Street, Morgan State University, and the Cube Cowork, the historic space will be a key part of the corridor’s revitalization efforts. MCB acquired the vacant building as part of a larger redevelopment, which includes an emerging 151-unit, 473-bed student housing apartment for Maryland’s flagship HBCU, Morgan State University, and has agreed to donate the property to the not-for-profit community and economic development organization Hamilton-Lauraville Main Street. MCB will also serve as the developer, transforming the space into a 24,000 sq. ft. center for small businesses. The new center will provide affordable space for small retailers, media companies, food-based businesses, and other entrepreneurs.
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