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BALTIMORE-KSI Services Inc. has taken a step in the developmentof an approximately 1,100-unit multifamily community in the city'sGreektown neighborhood by pursuing a rezoning request with cityofficials. The company is seeking to have a 14-acreindustrial-zoned parcel, which is currently the site of a truckingterminal, designated as a Residential Planned Unit Development. KSIexpects to spend $200 million to realize the apartment, condominiumand townhouse endeavor.

The Greektown project will be located on a site bound by FosterAvenue, Oldham, O'Donnell and S. Macon streets in SoutheastBaltimore. KSI's development plans are still in the early stages,but preliminary plans call for the construction of two 23-storyhigh-rise condominium towers, two 14-story structures with bothcondominium and apartment residences, and a selection of four-storystacked townhouses. The property will also feature a sprawlingpark, as well as a small community retail center. "Not only will itadd to Baltimore's charm, but we hope it helps, in some small way,to fuel the city's economic expansion," KSI founder and chairmanRobert C. Kettler says of the project.