225 N. Calvert apartment conversion to start in March, finish in 2017

Renovations to turn an 18-story office building in downtown Baltimore into nearly 350 apartments are scheduled to begin in March and finish next year, developer Monument Realty said Tuesday.

Interior demolition at 225 N. Calvert Street, a former Bank of America building near Mercy Medical Center, is already underway. The project is slated to be completed at the end of 2017, the Washington firm said.

The 346-unit building is Monument’s first project in Baltimore. The firm purchased the property, which had been vacant, for $4 million in December 2014.

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