Posted on: October 5, 2023

Established in 1986, the Urban Land Institute is a nonprofit organization with a global membership of over 46,000 professionals. ULI Baltimore is committed to facilitating the exchange of ideas, information, and experiences among industry leaders and policymakers, all driven by the shared goal of creating more vibrant communities.

On October 4, 2023, MCB, in collaboration with our project partners, was honored to receive the prestigious 2023 ULI Wavemaker Award for our work on Yard 56. We extend our heartfelt gratitude to Chesapeake Contracting Group, BCT Design Group, and L.F. Jennings for their support in accepting this esteemed accolade. We also wish to express our sincere thanks to the entire project team, whose dedication and expertise were pivotal in revitalizing the deteriorating site of Yard 56. This recognition marks a significant milestone in Yard 56’s journey, signifying its role as both an economic engine and a catalyst for environmental renewal, effectively eradicating a persistent food desert.

Located near Johns Hopkins Bayview Medical Center, Yard 56 is a contemporary mixed-use development comprising 100,000 square feet of retail, 227 upscale multi-family units, and a substantial 222,342 square-foot medical office building. Its selection for this award was based on a comprehensive evaluation of the project’s vision, sense of place, quality, sustainability, and forward-thinking approach. Explore our Yard 56 WaveMaker Award submission to gain insights into how MCB Real Estate, along with our valued partners, rejuvenated a once-deteriorating industrial site, transforming it into a thriving, diverse hub.