Baltimore Peninsula kicks off apartment leasing at South Baltimore mixed-use development

Apartments at Baltimore Peninsula, the once-industrial South Baltimore waterfront that is being redeveloped, are now available to be leased, developers said Thursday. Leasing has started for 416 units in two mixed-income residential buildings, 250 Mission and Rye House. The first residents are expected to move in next month, said developers led by MAG Partners and MacFarlane Partners. Those firms, which joined the project last year, are working with joint venture partners Sagamore Ventures, the investment firm owned by Under Armour founder Kevin Plank, and Goldman Sachs.