Site C-2: Frederick, Maryland Feasibility Analysis

Abstract

According to the Frederick Comprehensive Plan, new developments should, “…allow for land uses that enhance the Central Business District (CBD) as a tourism, arts, and business center.” Hotel 162 and Artist Studios will serve as a destination along Carroll Creek Park, attracting tourists and residents alike. We have crafted a leasing, financing and design plan that implements clever adaptive reuse and design to convert the existing undeveloped land and adjacent properties into an art-centric boutique hotel, with public amenities to support the Carroll Creek Park Amphitheater and the surrounding neighborhood. The development will include a 120 key hotel with an adjoining restaurant, a local food market and rentable art studio spaces. The City of Frederick has nurtured a vibrant art scene for decades. Public art is an integral part of the Carroll Creek Park. Public art such as Carroll Creek’s Community Bridge, iron trees, water features and mosaics not only attract visitors to the City of Frederick, but also enhance the city’s role as a cultural and recreational resource. 1 To support the Carroll Creek Park Amphitheater and the Delaplaine Visual Arts Education Center, the development will incorporate artist and dance studios, as well as gallery space that will draw visitors to the site and further down the Park.

Notes

Final project (Fall 2014). Real Estate Development Program, University of Maryland, College Park.

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