Also referred to as the Charm City, Baltimore is highly populated with young professionals, although its overall population of permanent residents is continually declining. Due to the existence of the bright young minds, the demand for more apartment options is on the rise, thus keeping the real estate developers on their toes. They are going to the extent of transforming older buildings and historical landmarks into better apartments for the city residents. An example of such buildings is the historic Bank of America which was transformed and is now a home to some chic apartments. Another building is Under Armour that converted the ground level into an expandable gym and training center.
Baltimore has been open to companies that are considering relocating and supported the new businesses leading to the improvement of the start-ups. Due to this enhancement, its community of activities has blossomed and gained reputation from the surrounding areas.
With the young professionals, the housing developments will have amenities that the average city residents are not used to, but it does not mean that the cost of living will increase. The middle-class residents also have housing options to choose from that is affordable. Check out Ideamensch to know more.
According to Hackronym, the city of Baltimore is also determined to improve and expand the public transport to ensure that there is easy access to the town for those living in downtown. The suburban dwellers will also cut their parking expenses as they go to their workplaces.
With his extensive experience in real estate, Todd Lubar has put his knowledge in looking into the current trends in Baltimore. One of the trends is its cheaper cost of living which has attracted fresh graduates and young entrepreneurs who want to start their careers and own a home. It has also become a destination for millennial, and with the high level of employment that increase the wages, businesses are bound to thrive.
Todd Lubar is an entrepreneur and businessman, with over twenty years of experience in the real estate industry. Currently, he is the President of TDL Global Ventures, LLC. He also serves as the Vice President of Legendary Investments. Apart from real estate, he has worked in mortgage banking and the entertainment industry. Todd is also passionate about lifting others and setting them for success.