DGS Strategically Manages the City's Real Estate Portfolio
Thursday Apr 28th, 2016
DGS has been actively monitoring its space usage and has been aggressively moving agencies into vacant space. In cases where the City did not have a use, DGS is moving to divest itself so that the property can be put on the tax roll. This is all a part of DGS’s plan to strategically manage the City’s Real Estate Portfolio. This include the creation of the FMS database, VFA, and Archibus.
3314 Arydale Ave was deemed surplus by DGS because the building was underused and no longer provided a public purpose. The property was purchased by Williams-Carroll, LLC for $35,127, and will be utilizes has a hair salon. The benefit to the City of Baltimore is the property will be back on the tax roll.