In 2009, Somerset completed the historic renovation of the Professional Arts Building, an eight story mid-rise building built in 1927 located in the heart of the historic Mount Vernon neighborhood of Baltimore, Maryland. The building was left more than 75% vacant for a decade prior to its rehabilitation. Restoration work included repairing the original terra cotta balustrade, refurbishing the main lobby and elevator lobbies in the upper floors, and restoring the store front on Cathedral Street. Mayor Sheila Dixon and Congressman Elijah Cummings officiated at the ribbon cutting in June 2009, along with many other dignitaries, residents, and neighbors. Somerset and its joint venture partner NAGE Housing, Inc. acquired the building in 2006 and oversaw the renovations which converted the building from offices to 96 apartments and ground floor retail, while preserving and restoring the historic elements. The project received approximately $2.7 million in Maryland state historic tax credits, as well as approximately $4.2 million Federal Historic Tax Credits to preserve the building. The total development costs were $25 million.

The neighborhood is close to major transportation lines, and is home to the Washington Monument, the Walters Art Gallery, the Peabody Conservatory of Music, and City Stage, as well as shops and restaurants. The building, which is now leased up, offers a fitness center, community room, a business center and secure access. Learn more at www.thePAB.com.

Milk & Honey Market Cafe, a local food market and cafe, opened its doors in the ground floor retail space in 2010. The market features locally and regionally sourced meats and artisanal cheeses, produce, fresh baked breads, fresh pastas, fresh squeezed juices. An expresso bar and cafe serves light fare throughout the day.

For more information and vendor inquiries, email Dana Valery at dana@milkandhoneybaltimore.com or call 410-685.MILK (6455). www.milkandhoneybaltimore.com