Dagmar Hotel to MF Conversion 50 Summit Ave

We are pleased to present an iconic downtown Hagerstown landmark that provides a generational redevelopment opportunity.
The greater Hagerstown, MD community is continuing to build on the past successes that have provided unprecedented momentum. We are now presented with yet another opportunity to aggressively push the proverbial boulder further. Through an intimate understanding of the local landscape, we have assembled a number of key decision makers to explore a multitude of redevelopment incentives in order to further encourage the possibilities associated with this site. Recent and ongoing redevelopment efforts continue to surround this generational opportunity. As expected with any downtown redevelopment effort the unwavering pillars of time, consistent energy, supportive bodies and creative financial commitments have to all be present. Let's face it, high density urban development is challenging. But as we all are aware, it often presents an opportunity to participate in the changing perception and historical narrative of an entire community. The “core” to any community is crucial. Technically, this is a redevelopment/construction exercise BUT to the local community this is more than a physical renovation/repositioning of historically significant buildings. This site and the prospect of injecting new vision/life plays a critical role in a downtown that is on the cusp of being truly special.
In 1909, M.P. Moller purchased land on the corner of Summit Avenue and West Antietam Street to build a hotel. The hotel was completed in 1911 and was named after Moller's eldest daughter, Dagmar. It was built with a poured concrete framework and was the tallest building in Hagerstown at that time. The hotel was designed to be elegant while offering comfortable rooms, fine food, and entertainment. Two additional floors were added to the hotel just before 1929. After several successful projects in and around the core of downtown Hagerstown Meritus Park Multi-Purpose Stadium, 2024 ($70M), Hub City Garage 2024 ($10.8M), The Maryland Theatre, 2019 ($15M), University Systems of Maryland Hagerstown 2005 ($40M in concert with the City of Hagerstown urban redevelopment initiatives), Hub City Garage 2024 ($10.8M), and the Washington County Free Library, 2013 ($24M) to name a few. The two-parcel site that encompasses 50 Summit Ave and 44-46 Summit Ave lends itself to being the next contributing factor to the effort.