The Rotunda
A mixed-use retail, office, and residential development in Baltimore, Maryland.
Last updated August 25, 2026
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Overview
The Rotunda is a mixed-use property and shopping center in northern Baltimore, Maryland. It is located in the Hampden neighborhood near Roland Park, Wyman Park, and the Johns Hopkins University campus. Rather than being a conventional enclosed mall, the property combines retail and restaurant space with professional offices, apartments, structured parking, and public-facing amenities. Its identity is closely associated with the adaptive reuse of a historic insurance-company building and with the bell tower that forms the visual centerpiece of the site. The property began as the Maryland Casualty Insurance Company building, constructed in 1921 and designed by architect Otto Simonson. In 1971, Bernard Manekin converted the building into a shopping center, establishing The Rotunda as a local retail destination. The conversion preserved the building's distinctive architecture while giving it a new commercial function. A notable feature is the bell tower, which sounds the Westminster Quarters and remains an identifying element of the property. The Rotunda was renovated in 2002 and subsequently acquired by Hekemian & Co., Inc. in the early 2000s. Hekemian later undertook a major redevelopment program that reshaped the property into a broader mixed-use environment. The redevelopment, reported as a $100 million investment, added the 379-unit ICON residences at The Rotunda alongside shops, restaurants, and a Mom's Organic Market. The resulting development expanded The Rotunda beyond its original shopping-center role and integrated housing into the site. The property includes approximately 150,000 square feet of retail space and 140,000 square feet of office space. Its office tenants have included the Space Telescope Science Institute as well as legal, dental, sports-medicine, dyslexia-tutoring, mental-health, and other professional practices. The residential component consists of 379 apartments. More than 1,100 off-street parking spaces serve the development, including a multilevel parking garage with several electric-vehicle charging stations. The Rotunda has also hosted entertainment uses. The Rotunda Cinematheque operated as an on-site cinema until July 2015. In 2019, plans were announced for a Rita's Italian Ice location in a commercial space in the south-side courtyard; the location opened in 2021. Today, The Rotunda functions as a neighborhood-oriented mixed-use destination whose proposition rests on adaptive reuse, convenience retail, restaurants, professional services, housing, and proximity to major Baltimore institutions.
History
The Rotunda occupies a historic site in northern Baltimore associated with the former Maryland Casualty Insurance Company building. The building was constructed in 1921 and designed by Otto Simonson. Its most recognizable architectural feature is a bell tower that plays the Westminster Quarters, a detail that has continued to distinguish the property through its successive commercial uses. In 1971, Bernard Manekin converted the former insurance building into a shopping center. This adaptive-reuse project established The Rotunda as a retail property while retaining the central historic structure and its tower. The site subsequently developed as a local shopping and services destination in the Hampden area, close to Roland Park, Wyman Park, and Johns Hopkins University. The property was renovated in 2002. Hekemian & Co., Inc. acquired The Rotunda in the early 2000s and later pursued a much more extensive redevelopment. The company's project, described as a $100 million redevelopment, transformed the site from a primarily retail-oriented center into a mixed-use development. The work introduced the 379-unit ICON residential component, additional shops and restaurants, and a Mom's Organic Market. The redevelopment also retained the property's commercial and professional-services functions. The completed property contains approximately 150,000 square feet of retail space and 140,000 square feet of offices. The office component has accommodated a varied group of tenants, including the Space Telescope Science Institute, lawyers, dentists, sports physicians, dyslexia-tutoring services, mental-health professionals, and other specialists. This tenant mix gives The Rotunda a role beyond shopping, with recurring professional and institutional activity on the site. Residential development is another defining part of the modern property. The ICON residences provide 379 apartments, integrating housing with retail, dining, and services. More than 1,100 off-street parking spaces support the mixed-use complex, including a multilevel parking garage equipped with several electric-vehicle charging stations. Entertainment has been part of the property's history as well. The Rotunda Cinematheque operated at the site until July 2015. Later commercial changes included plans announced in 2019 for a Rita's Italian Ice location in a south-side courtyard space. That location opened in 2021. The Rotunda therefore represents several phases of Baltimore commercial-property development: reuse of a historic building, evolution into a shopping center, ownership by a specialist real-estate company, and expansion into a residentially integrated urban destination.
- 2021
Rita's Italian Ice opens
[1]The planned Rita's Italian Ice venue opened at The Rotunda.
- 2019
Rita's Italian Ice plans announced
[1]Plans were announced for a Rita's Italian Ice location in the south-side courtyard commercial area.
- 2015
Rotunda Cinematheque ends operations
[1]The property's Rotunda Cinematheque cinema operated until July 2015.
- 2002
Property renovation
[1]The property underwent a renovation as part of its continuing commercial use.
- 1971
Conversion into a shopping center
[1]Bernard Manekin converted the former insurance-company building into a shopping center known as The Rotunda.
- 1921
Maryland Casualty Insurance Company building completed
[1]The building that later became The Rotunda was constructed for the Maryland Casualty Insurance Company and designed by Otto Simonson.
Acquisition by Hekemian & Co.
[1]Hekemian & Co., Inc. acquired The Rotunda in the early 2000s and subsequently became responsible for its major redevelopment.
Mixed-use redevelopment completed
[1]Hekemian completed a redevelopment reported at $100 million, adding the ICON residences, new retail and restaurant space, and Mom's Organic Market.
Products and positioning
A neighborhood-oriented mixed-use destination combining adaptive-reuse architecture with retail, dining, offices, apartments, parking, and community-serving services.
Retail and dining · 1971
Retail and restaurant space
The Rotunda provides approximately 150,000 square feet of retail space for shops, restaurants, food-service operators, and neighborhood-oriented commercial tenants. The modern redevelopment includes courtyard-oriented commercial areas and a Mom's Organic Market, while the broader property has hosted additional food and entertainment uses.
Residential apartments
ICON residences at The Rotunda
ICON is the residential component of the redeveloped property. It comprises 379 apartments integrated with The Rotunda's retail, dining, office, parking, and service uses, making housing a central part of the site's current mixed-use identity.
Commercial offices · 1971
Office and professional-service space
The property includes approximately 140,000 square feet of office space. Tenants have included the Space Telescope Science Institute and a broad range of professional practices, such as legal, dental, sports-medicine, tutoring, and mental-health services.
Property services
Parking and electric-vehicle charging
The Rotunda provides more than 1,100 off-street parking spaces, including a multilevel parking garage. Several charging stations for electric vehicles are incorporated into the parking infrastructure.
Cinema
Rotunda Cinematheque
Rotunda Cinematheque was the property's cinema operation. It provided an entertainment component within the shopping center before ending operations in July 2015.
Brand decisions
2019
Rita's Italian Ice location plannedProduct launchBackground
The south-side courtyard contained commercial space suitable for an additional food-service tenant.
Action taken
Plans were made for a Rita's Italian Ice location at The Rotunda.
Aftermath
The location opened in 2021.
1971
Adaptive reuse as a shopping centerStrategyBackground
A 1921 Maryland Casualty Insurance Company building was no longer used solely for its original institutional purpose.
Action taken
Bernard Manekin converted the historic building into a shopping center while retaining its prominent architecture and bell tower.
Aftermath
The conversion established The Rotunda as a Baltimore retail destination and formed the basis for its later mixed-use evolution.
- Expansion into a mixed-use developmentStrategy
Background
After acquiring the property in the early 2000s, Hekemian & Co. pursued a broader redevelopment of the shopping-center site.
Action taken
Hekemian added 379 apartments, retail and restaurant space, Mom's Organic Market, expanded office and service functions, and associated parking infrastructure.
Aftermath
The Rotunda became a mixed-use property combining residential, retail, office, dining, and neighborhood services.
Reported redevelopment investment. $100 million
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