Clipper Mill, Green Adaptive Re-Use of Historic Mill
Baltimore, Maryland

GOAL
To green adaptive re-use of mixed-use historic mill on light rail.
CHALLENGE
Retroactive greening of an existing project.
OUTCOME
Greening work underway.

The Rose Smart Growth Investment Fund I, L.P.  joined Struever Brothers Eccles and Rouse (SBER) in 2006 as 50% owners of the Clipper Mill mixed-use, transit-based community in Baltimore, MD. Developed by SBER, Clipper Mill comprises 141,000 square feet of former mill buildings that were converted into offices, rental apartments, artist studios, retail, and for-sale condos, the latter of which was not part of the Fund’s acquisition.

Clipper Mill is highly accessible by mass transit to both retail and cultural destinations.  The 14-mile Jones Falls bike and hiking trail system runs through the center of Clipper Mill and a light rail stop is situated at the entrance to the community. Two light rail stops north of Clipper Mill is a major shopping area, including Whole Foods, and two light rail stops south of Clipper Mill is a major arts and cultural center at the University of Baltimore and the Maryland Institute College of Art.

Clipper Mill’s location, its adaptive re-use of existing buildings, and the Fund’s commitment to green building management practices have attracted a wide variety of tenants to Clipper Mill including: Biohabitats, an ecological restoration group; Gabrielli Design Studio, a sustainability consultant; Urbanite, a magazine about urban communities and culture; Coradetti Glass, an art glass studio and Woodbury Kitchen, a farm to table restaurant.  The vibrant multi-disciplinary tenant base is committed to supporting the Clipper Mill community and in seeing the ownership’s green goals carried out in day-to-day operations.

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Firm Role
50% Owner, Managing Partner

Project Profile
Transit-oriented development and adaptive re-use of historic mill to:

58,000 square feet of office
42,000 square feet of artisan space
36,000 square feet of residential
5,000 square feet of retail

Property Manager: Thornhill Properties, Inc.

Total Project Size / Budget
147,000 square feet / $18.5 million

Completion
2006

Selected Awards
Urban Land Institute Award for Excellence: The Americas, 2008