Charles Village, the region of North Baltimore surrounding the university, has undergone several restoration projects, and the university has gradually bought the property around the school for additional student housing and dormitories. "The Charles Village Project", completed in 2008, brought new commercial spaces to the neighborhood. The project included Charles Commons, a new, modern residence hall that includes popular retail franchises. In 2015, the University began development of new commercial properties, including a modern upperclassmen apartment complex, restaurants and eateries, and a CVS retail store.