A&R Development Corp.
Baltimore, MD 11–50 employees 4 principals
Last updated
About A&R Development Corp.
A&R Development Corp. is a real estate operator headquartered in Baltimore, MD. A&R Development Corp. operates in Baltimore, Maryland and Washington DC. Its investment focus is on Affordable Housing, Hospitality and Multifamily - Ground-up.
A&R Development Corp. is a real estate development and investment firm headquartered in Baltimore, Maryland. Founded in 1977 by Chairman and CEO Theo C. Rodgers, the company maintains nearly five decades of operational history under a veteran executive leadership team that includes Principal and Co-Owner Marjorie Rodgers Cheshire, specializing in urban revitalization and inclusive community-driven growth. The enterprise focuses on commercial, residential, and mixed-use asset classes, alongside specialized real estate investment platforms. Its comprehensive service scope spans strategic land acquisition, financial structuring, zoning entitlements, project management, and asset operations, with a core mission centered on bridging market-rate development with community equity, social responsibility, and long-term sustainability. Geographically, the organization concentrates its activities across the mid-Atlantic region. Its robust portfolio comprises over 50 completed projects representing a construction value exceeding $900 million, delivering more than 7,800 residential housing units—spanning affordable, workforce, and luxury options—alongside over 500,000 square feet of commercial space designed to catalyze economic vitality.
Principals at A&R Development Corp.
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4 principals on file
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Recent activity at A&R Development Corp.
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A&R Development Corp.'s project portfolio
4 projects on file · Residential (general) (2), Multifamily (1), Retail (1)
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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.
Markets and themes
Markets A&R Development Corp. operates in
Investment themes at A&R Development Corp.
- Affordable Housing
- Hospitality
- Multifamily - Ground-up
- Senior Housing
- Single-Family Homes
- Single-family rental
- Urban Office
Capabilities
- Construction Management
- Economic Development
- Mixed Use
- Site Development
- Transit-oriented development
- Urban infill
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Frequently asked questions about A&R Development Corp.
- What does A&R Development Corp. do?
- A&R Development Corp.
- Where is A&R Development Corp. based?
- A&R Development Corp. is headquartered in Baltimore, MD.
- What markets does A&R Development Corp. operate in?
- A&R Development Corp. is active in Baltimore, Maryland and Washington DC.
- How many employees does A&R Development Corp. have?
- A&R Development Corp. has 11–50 employees.