MCB Real Estate Closes The Enolia, a 473-bed Morgan State University Student Housing Complex in Baltimore

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The Enolia
Scheduled to open in 2025, this 3.3-acre development aims to provide housing with amenities like study rooms, a fitness center, game room, and outdoor courtyard.

MCB Real Estate has completed vertical construction and named “The Enolia,” a 151-unit, 473-bed off-campus housing project near Morgan State University in Baltimore.

With support from the Hamilton-Lauraville Main Street and Morgan State University, MCB is transforming a 3.4 acre vacant parcel into a 151-unit, purpose-built housing development. Located in Baltimore, MD, the project commenced construction in May 2023, with an anticipated completion date of July 2025.

The building has been designed to provide off-campus housing for students at Morgan State University and features first in class amenities such as a fitness center, movement lab, game room, and study and collaboration spaces. A spacious outdoor courtyard will provide areas for relaxation and recreation.

The building offers sustainable design features including energy efficient systems, native plantings and innovative stormwater management. Shuttle service to Morgan as well as a new bike path and secure indoor bike parking will provide students with a low-impact way to travel back and forth to campus.

“Enolia McMillan’s name carries an enormous amount of respect not just in Baltimore, but as one of America’s most revered civil rights trailblazers,” says MCB managing partner and co-founder P. David Bramble. “Given her tremendous work in advocating and progressing Morgan’s status as a premier learning institution, it’s only fitting that her name be associated with a project that will help alleviate the housing shortage that has become a significant barrier to the university’s growth.” Financing partners include WesBanco and the Wells Fargo Foundation.

Founded in 2007, MCB Real Estate is a community-centric, privately-held institutional investment management firm headquartered in Baltimore, Maryland. MCB boasts a nationwide portfolio of operating assets totaling approximately 14.5 million sq. ft. of industrial, office, retail, mixed-use, multi-family and life sciences properties with almost 4 million sq. ft. in its development pipeline. The firm offers a seamlessly integrated suite of commercial real estate investment services, including development, construction, property management, asset management, acquisitions, and legal expertise, thus ensuring comprehensive support throughout every stage of an asset’s lifecycle. Backed by a passionate and experienced team, MCB transforms spaces into purpose-built places.