The city’s plan to overhaul its public markets continues, seeking a developer to overhaul the Avenue Market on Pennsylvania Avenue.
The Baltimore Public Markets Corp. on Tuesday also issued a request for proposals for firms interested in overseeing the planned demolishment and rebuilding of the 244-year-old Lexington Market.
The Lexington Market RFP seeks proposals from developer teams or consultants who can provide fee-based services for the new 97,000-square-foot market on the site of an existing surface parking lot at Eutaw and Paca streets, along with the removal of the existing 71,000-square-foot Arcade building. Work includes construction oversight, project financing arrangement, vendor recruitment and leasing, and tenant coordination.
The project is expected to cost $40 million.
Teams already retained to work on the project are Murphy & Dittenhafer Architects, Whiting-Turner Contracting Co. (construction management), Cross Street Partners (to lead New Market Tax Credit procurement), and Market Ventures Inc. to advise on national public market development and operations best practices.
The deadline to submit proposals is May 16.