Construction is scheduled to begin in January on Baltimore’s next major luxury apartment building, a 331-unit structure called Sanctuary at Cross Keys.
Questar Properties, the project’s developer, announced on Thursday that it closed earlier this week on the financing for the six-story building, paving the way for construction to begin.
The Sanctuary at Cross Keys is planned to rise at the south end of the Cross Keys community in the block of 5100 block of Falls Road, on land previously occupied by the Cross Keys tennis barn and a parking lot.
The Village of Cross Keys, in 2021 selected Questar over eight other competitors to develop the former tennis barn site. The company (questarproperties.com) is based in Baltimore County and has developed more than 13,000 residences in Maryland, including the 414 Light St. tower overlooking Baltimore’s Inner Harbor.
“We felt that Questar’s vision for the Cross Keys project and its generational expertise developing luxury multifamily communities…set them apart from a final list of very worthy competitors,” Caves Valley Partners principal Arsh Mirmiran said at the time.
