The Parlor

The Parlor

The Parlor project will renovate a building operated as a funeral parlor from 1914 through 2021. Timshel, LLC led by John Renner identified the project in collaboration with the Central Baltimore Partnership (CBP) and is converting it to a restaurant/bar, artist studios, and shared office space. The building opens both onto North Avenue, a primary thoroughfare in Baltimore City, and 19 and 1/2 street, Baltimore's famed Graffiti Alley. Construction is expected to begin in Summer 2023.

Print
Follow
Min Investment
$2,500
Target Raise
$300.00K

Company Description

About The Project The Parlor is a late 19th century townhome located in the Charles North neighborhood and Station North Arts District of Baltimore City, near Baltimore Penn Station and the Maryland Institute College of Art (MICA). The building’s main entry faces the 100 block of W. North Avenue, perhaps the most significant east-west arterial in Baltimore City, and a major addition fronts W. 19 ½ Street - Baltimore’s legendary Graffiti Alley. The property operated as a funeral parlor from 1914 to 2021, but the previous owner neglected basic maintenance and allowed much of the structure to fall into a state of disrepair. A full renovation is needed to make the building habitable, an effort that will be undertaken as a certified historic rehabilitation project. At the urging of the Central Baltimore Partnership (CBP), a non-profit organization that focuses on neighborhood revitalization, Timshel acquired the property in mid-2022. CBP identified this property as critical to the ongoing renaissance of Station North and provided Timshel with a $250,000 grant to help with acquisition costs. Timshel and the CBP are collaborating on temporary programing, leasing, and certain aspects of the financing.Working with the CBP, Charles North Neighborhood Association, and other community partners, goals for the project have been established: Enhance North Avenue, activate Graffiti Alley, and provide creative workspace in the heart of the Station North Arts District. The development program includes artist studios, offices, and a restaurant/bar.The Parlor is in the geographic center of Baltimore City and within easy walking distance from Motor House, Baltimore Penn Station, MICA, University of Baltimore, Church Bar, Sophomore Coffee, Clavel, Royal Blue, Dutch Courage, Alma Cocina, and much more.The project team is working towards a summer 2023 finance closing and construction start. In the meantime, the Parlor is hosting a variety of temporary programming including art exhibitions, films, pop-up retailers, and live performances. Highlights     Address: 108 W. North Avenue, Baltimore MD 21201    Program: Offices, art studios, restaurant/bar    Size: 9,050 square feet    Total Cost: $2.55 million    Estimated Closing: June/July 2023    Estimated Completion: Q1/Q2 2024    Developer: Timshel, LLCView the parlor website here.
Amount Raised : $300,000
Reveal the Score by Voting
_
0
Business Idea
Business Traction
Management Team
Valuation

Research Reports

No reports have been submitted

Become a Reporter

0 Comments