Groundbreaking Announced for Laurel's C Street Flats

Submitted by the City of Laurel:

Mayor Craig A. Moe and Klingbeil Capital Management, LTD. are pleased to announce the groundbreaking ceremony for C Street Flats, located on the site of the former City of Laurel Police Department, known as 350 Municipal Square.

C Street Flats is part of the City’s continuing Overlay redevelopment program, and will consist of over 130 modern apartment homes that will include a fitness center, pool, commercial and community space.  The project is located at the center of the City’s Arts and Entertainment district. Zoning will also permit the community’s artists to use their units for their residences, studio space, as well as galleries for the display of their work. The project will also feature a parklet on C Street for the public to relax and enjoy. A sculpture contest will be held with the winner’s work being permanently placed in the parklet area on the C Street side of the complex.

Klingbeil Capital, with offices in Annapolis, Maryland and San Francisco, California, has been active in the Washington D.C. Metro real-estate Industry for over forty (40) years and continues its investment in the City of Laurel, having previously converted a rental apartment complex on Main Street into The Oaks Condominium.  Its most recent project is the acquisition of the Emerson apartment complex, located at Cherry Lane and Fourth Street, adjacent to the new Towne Centre at Laurel complex, now under construction.

Mayor Moe will officiate at the groundbreaking, accompanied by Klingbeil officials.  The ceremony is slated to begin at 3:00 pm on August 22nd on the grounds of the project, with light refreshments being served.