KSI To Build Condos at $500M Mixed-Use Property

BALTIMORE-The residential component of the $500 million Canton Crossing mixed-use project has moved closer toward realization now that the project developer, Edwin F. Hale Sr., has tapped KSI Services Inc. to become a player. KSI will spearhead the development of the approximately 500 luxury condominiums that will grace the waterfront project, which sits on a 20-acre parcel in the industrial section of the southeastern portion of the city.

With the assistance of engineering and architectural firm Whitney, Bailey, Cox & Magnani, Hale is designing Canton Crossing to be a veritable city in and of itself, with office buildings, retail space, entertainment offerings, hotel rooms, parking facilities and, potentially, a cruise ship terminal. Already, a two-story, 80,000-sf brick office building has been erected, and work is currently under way on a 17-story, 510,000-sf office tower. For its part, KSI will develop the condominiums in three structures on a 1.5-acre parcel at the site, and the company will also construct about 120,000 sf of retail space to be occupied by dining establishments.