A partnership between Madison Marquette and Metropolitan Partnership has acquired the Thomas Building in downtown Baltimore. Located at 101 E. Baltimore Street, the six story building has been owned by McDonald’s Corp. for over 30 years, housing a two-level McDonald’s restaurant. In recent weeks, the McDonald’s signs were removed along with the restaurant’s equipment. McDonalds bought the building in 1984 for $900,000. The new owners are building a 28-story tower containing offices, parking and apartments on the block bounded by Baltimore, Light and Redwood Streets and has razed other buildings to make way for it. The Thomas building is not protected by city landmark designation, but it is one of the oldest and most ornate buildings in downtown Baltimore to survive from the early 1900s. The developers have not disclosed what their plans for the building are. “The developer bought it,” said Kim Clark, executive vice president of the Baltimore Development Corp., which leads efforts to revitalize downtown. “I’m pretty sure they are going to try to preserve it and incorporate it into the larger development.
