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New buyers interested in Presbyterian Home property in Towson

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New buyers interested in Presbyterian Home property in Towson

Towson-based developer Caves Valley Partners has canceled a contract to purchase the Presbyterian Home of Maryland building on Georgia Court, in Towson, according to Baltimore County Councilman David Marks.

In the meantime, three other potential buyers of the property said this week they have formulated development proposals for the property that include condominiums or an assisted living center for patients with Alzheimer’s or dementia.

Also, the President of the Southland Hills Improvement Association, which represents residents who live near the 19th-century mansion who do not want to see it razed or the property it sits on over-developed, said that it is a priority to see the historical architecture remain in place, adding that the community continues to support a pending request to make the property a county landmark.

In May, the Presbyterian Home of Maryland nursing home announced that it was leaving the building after nearly 90 years of operation there and putting the land and building up for sale.