A new roundabout at Key Highway and Light Street will improve traffic safety and pedestrian access at a major intersection while creating an attractive and notable gateway for Federal Hill and the Inner Harbor. The impetus for the project was community concerns about traffic safety, pedestrian access and deteriorating roadway conditions, as well as a desire for a more attractive gateway into the community.
Planning for the project began in 2007 with the presentation of four alternatives. There was solid community support for the roundabout option. The Department of Transportation then assessed traffic and safety issues for the roundabout option and determined it was a viable and preferred alternative.
Due to funding constraints, work did not resume on the project until 2010. The design and engineering will be completed this summer, and construction is scheduled to begin in fall 2013.
Total Construction Cost: $7 million.
Baltimore City CIP: General Funds (Highway User Revenue), $3.8 million.
The remaining $3.2 million comes from Federal Highway Transportation Funds.
It will cost about $7 million and will be completed in 2014, but the Fed Hill roundabout will make a statement entry point for one of Baltimore's most prestigious neighborhoods. In the word of the planning department:
According to the Baltimore Sun, Canton Crossing is going to be bigger and more awesome than we had originally thought. The Sun states:
Construction has begun on a 135,000-square-foot Target and some of the other stores, while Harris Teeter will start construction on a store in the next few weeks. Target announced in December that it planned to anchor the center and would open in October.
Read the full story here - http://articles.baltimoresun.com/2013-02-05/business/bs-bz-canton-crossing-tenants-20130205_1_harris-teeter-birchwood-capital-partners-sandwich-shop
There is a plethora of anticipated real estate developments coming to Federal Hill, Locust Point, and the adjacent areas. Check out the story and all the details here! http://southbmore.com/anticipated-2013-real-estate-developments-in-south-baltimore/