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100 East Pratt Street

Coordinates: 39°17′13″N 76°36′46″W / 39.2869°N 76.6127°W / 39.2869; -76.6127
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This is an old revision of this page, as edited by EmmeDave (talk | contribs) at 16:04, 25 April 2016 (Edited copy for style, added new ownership/sale information, created more links out, updated references). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

100 East Pratt Street is a building located in the Inner Harbor district of Baltimore, Maryland.

100 East Pratt Street
Map
General information
StatusCompleted
TypeBusiness and office
LocationBaltimore, Maryland, United States
Opening1992
Height
Antenna spire418 ft (127 m)
Roof385 ft (117 m)
Technical details
Floor count28
Design and construction
DeveloperSkidmore, Owings & Merrill

History

Groundbreaking on the building began in 1973 by Emery Roth & Sons, though construction was halted in 1975.[1] Against the backdrop of a nationwide economic downturn and the collapse of Baltimore's traditional harbor industries, the assessed values of downtown properties declined significantly by 1977, including 100 East Pratt, which was then leased by IBM.[2] After further economic and political turbulence in the 1980s, construction on the building was renewed and completed in 1992 by Skidmore, Owings & Merrill.[3] In 1997, the building's firm was bought by Boston Properties, and later bought by Wells Real Estate in 2005 for $205 million, and was added to the Wells REIT II portfolio.[4][5] In 2013, the portfolio became its own company and the name was changed to Columbia Property Trust, after which, in 2016, Columbia Property Trust sold the Pratt building to New Jersey-based Vision Properties for $187 million dollars. [6]

Architecture

Today, the building stands as a 418 ft. (128 m) tower made of aluminum, glass, and steel.[7] The building contains more than 600,000 square feet of office, retail, and conference space, as well as a fitness center on its twelfth floor. In addition to the main twenty-eight floor glass tower, are two smaller, adjoined structures: a ten-story south-facing concrete office building and an eight-level parking structure with nearly one thousands parking spaces.[8] The trusswork on the roof of the building, while attractive and able to be illuminated decoratively, is not ornamental: it provides suspension for the southern façade.

Tenants

Current office space tenants include financial services firms such as T. Rowe Price, Merrill Lynch, and PricewaterhouseCoopers. Tenants occupying street-level retail space include Starbucks, Brio Tuscan Grille, and JoS. A. Bank Clothiers.

References

  1. ^ "100 East Pratt Street Guide". Engineer's Guide to Baltimore.
  2. ^ "Downtown property assessments are cut by $19 million". The Baltimore Sun. 30 March 1977.
  3. ^ "100 East Pratt Street". Skyscraperpage.com.
  4. ^ "Baltimore's 100 E. Pratt deal closes after delay". Find Articles.com.
  5. ^ "Wells To Buy 100 E. Pratt Property To Go for $316/SF".
  6. ^ "100 East Pratt building sells for $187 million". The Baltimore Sun. 1 April 2016.
  7. ^ "100 East Pratt Street". Emporis.com.
  8. ^ "100 East Pratt Building Homepage".

39°17′13″N 76°36′46″W / 39.2869°N 76.6127°W / 39.2869; -76.6127