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Scheduled to open in the summer of 2012, Education Realty Trust will develop and manage this 572-bed, 20-story building constructed on land owned by Johns Hopkins University and leased to a subsidiary of East Baltimore Development, Inc., (EBDI) a nonprofit partnership of private and public entities dedicated to Baltimore's urban revitalization.

Designed to appeal to graduate students, the majority of the apartments will be studios, one-and two-bedroom units. All will have premium amenities such as hardwood flooring, stainless steel appliances and granite countertops with access to state of the art technology, exercise facilities, Johns Hopkins' computer system, and a garden rooftop terrace.

The latest in sustainable products and building systems will be used in the construction and finishing of the building. LEED's Silver Certification will be sought for the project.

Located across the street from a three-acre green space in the Science + Technology Park at Johns Hopkins, the development will also lease 8,300 square feet of retail space on the ground floor.

The Science + Technology Park at Johns Hopkins is the anchor of the first phase of an urban revitalization initiative for the 88 acres adjacent to the Johns Hopkins east campus. EBDI and Forest City–New East Baltimore Partnership are coordinating this revitalization which is the single largest redevelopment project in Baltimore representing $1.8 billion in new investments.

"Providing state of the art housing for Johns Hopkins graduate students is a pivotal piece of the success we are trying to realize with this urban revitalization," said Cynthia P. Swisher, Chief Financial Officer of East Baltimore Development Inc. "We appreciate the expertise of our development partners and look forward to the opening in 2012."

* Studios and 1 Bedrooms rented by unit, 2 bedrooms and 4 bedrooms are rented by bed*