Investors plan major Fells Point redevelopment

The area surrounding the northern half of the Broadway Market in Fells Point could be in for a major overhaul.

At least that?s the hope of two developers who have purchased 38 properties for $15 million in the area surrounding the 600 block of South Broadway. The two plan to spend between $40 million and $45 million to restore the buildings and bring in a combination of retail, parking, office space and housing to the long downtrodden area.