Todd Lubar recently offered an insight into his native area of Baltimore. He acknowledged that the area has received negative and positive news coverage in the recent years. He admits that when it comes to news and trends about business owner’s rights and real estate developers, there is a lot to talk about. Todd Lubar admits that the people of Baltimore are turning historic landmarks and older buildings to apartments to cover the high cost of housing in the area. He gives an example that can be found at 10 Light Street. This is an area where the ground level has been converted to a training center and an expansive gym. Another scenario is the conversion of Bank of America building into unique apartments in the area of Baltimore.
According to Patch, Todd Lubar then says that the Baltimore area is becoming a preferred destination for young people living and working in Maryland. He attributes this from the fact that housing in Washington D.C. is very expensive. This makes it a prime area for young professionals and recent graduates looking to make a life for them in the area. Also, Todd Lubar appreciates that things are likely to improve in the coming years as the level of unemployment has gone down. Rising wages are also likely to improve the purchasing power of the young professionals. This will, in turn, give the economy the push that it has been waiting for. Check out Medium to know more.
Another reason why things are opening in the Baltimore area is the fact that Baltimore is very friendly to start-up companies. The conditions in Baltimore give business room to thrive especially that the local trends support the development. This is good news for Todd Lubar and the real estate industry. Areas like Harbor East continue to attract young professionals as it offers a wide variety of dining options as well as top quality shopping for many millennial. Other than these two factors, the area is known for its apartment options and many condominium designs. At the moment, a lot of construction is taking place in the area to cater for the demand. Todd Lubar is a real estate mogul who owns Legendary Properties.