A former downtown Baltimore Embassy Suites hotel that closed during the pandemic will be converted into 303 affordable housing units by summer 2026 under a new owner’s $30 million plan.
The St. Paul Place hotel was sold in November for $7 million, state property records show.
The new owner, Massachusetts-based Arctaris Impact Investors, said Thursday it expects to fill the demand for workforce housing in downtown’s central business district, in part spurred by the relocation of thousands…
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