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CEDC Acquires Former M&T Bank Building To Convert Into Boutique Hotel

August 2nd, 2019 by WCBC Radio

The Cumberland Economic Development Commission announced late Thursday the acquisition of 118 Baltimore Street in Cumberland with the goal being to see the former M&T Bank building converted into a boutique hotel- serving as an anchor for the re-designed downtown business district. The property was purchased with a $500,000 Governor’s Capital Project Grant awarded to the CEDC for the sole purpose of revitalizing real property in the Baltimore Street corridor.  While the preliminary discussions have centered on a boutique hotel project, CEDC executive director Paul Kelly said that any and all proposals will be considered for the project. Although RFP’s won’t be issued until approximately 4 to 6 months prior the construction of Baltimore Street- Kelly said that strong interest from potential developers has already surfaced…

  

3 Responses to “CEDC Acquires Former M&T Bank Building To Convert Into Boutique Hotel”

  1. August 02, 2019 at 7:01 am, linmarie said:

    Let’s be honest this is a done deal. Legally CEDC has to take other proposals, but it has already been decided.

    Reply

  2. August 02, 2019 at 10:33 am, Jay said:

    That hotel will be a nice addition to the tumbleweed downtown when it opens in 2023.

    Reply

  3. August 02, 2019 at 10:37 am, Jay said:

    Here’s a radical idea that I have heard in the past. Wanna get more bodies downtown with more dynamic activity, energy, and vibrancy? Create a downtown campus for AC on Baltimore Street. There are plenty of empty buildings to accommodate the needed classroom and adminstrative space. Isn’t the Culinary Center downtown run by AC?

    Reply

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