Lexington Market (2019)

Baltimore, MD

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NMTC Amount: $29,205,000

Est. Total Project Cost: $39,898,648

COMMUNITY IMPACT

The project calls for salvaging and adaptively reusing the existing East Market Building, reopening Lexington Street for pedestrians, and building a new 63,000 sq. ft. market building on the south parking lot that is a modern interpretation of one of the original 1900s market sheds. The new design will include approximately 40-50 market merchants, many of which will be brand new companies that the project will help to incubate and launch. + Phase I of the Lexington Market redevelopment project provides for the construction of a new market building for Baltimore’s iconic Lexington Market, the oldest continuously operating markets in the country. (A later phase will allow for the reuse and reprogramming for the existing market building.) The new 63,466 sq ft building now houses 40-50 merchants, many of which will be brand new companies that the Project will help to incubate and launch. The market will focus on a healthy mix of both staple foods (produce, meats, dairy) and prepared foods. Without the existence of Lexington Market, this part of Baltimore would be considered a USDA-designated Food Desert. + This project will help finance the construction of a new public market building on the South parking lot of Baltimore, Maryland’s Lexington Market, the oldest public market in America. The project will add capacity for an estimated 40 new market vendors.

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