The 1111 Light Street apartment, office, and retail complex in Federal Hill is going through some changes as it navigates the current real estate market. The fourth floor of the office building is getting converted to six “loft-style” apartments, and a new convenience store will open in the former 7-Eleven.
The fourth floor was formerly the home of Betamore, a technology incubator and co-working space that is now in East Baltimore. It will be replaced by six approximately 1,000 sq. ft. apartments. The apartments will have high ceilings, large windows overlooking Federal Hill and the stadiums, and an “industrial chic” vibe, according to Dominic Wiker of WPM Real Estate Management, the company that manages the complex.
The apartments will be ready for lease on August 1st. Tenants will have access to the amenities in the attached apartment building.
Wiker told SouthBMore.com office leasing has been challenging since the COVID-19 pandemic. This led to the decision to convert some of the office space to apartments.
The second floor is leased by medical software company Rendia. National engineering firm Mead & Hunt also recently signed a 3,000 sq. ft. lease.
The third floor is currently about 8,000 sq. ft. of vacant office space. It is currently available for lease, but Wiker noted it could also be considered for an apartment conversion.
Wiker said the apartment portion of 1111 Light Street is doing well and has seen “strong leasing in a competitive market that continually adds product.”
The former 7-Eleven that closed in 2021 is being replaced by a new, locally-owned convenience store called Snackers. The owner has several other convenience stores in the city.
M&T Bank has been a long-term tenant in the other retail space.
