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The Cross Street Market in Federal Hill. (The Daily Record file photo)

Cross Street Market redevelopment plan takes step forward

The vision for the redeveloped Cross Street Market will take on a clearer shape over the next three months.

On Thursday, the Baltimore Public Markets Corporation announced it was entering into an exclusive negotiating privilege agreement with the team of Caves Valley Partners and War Horse, LLC, as the city looks to reinvigorate the historic market.

The BMPC’s board of directors said it anticipates a 90-day negotiation period, during which time it will have the opportunity to evaluate the proposed development plans and terms fully, said Kirby Fowler, the board’s chairman.

““There is no doubt that we are all highly motivated to create a superior market venue for the community, on terms that are beneficial to both the City and the development team. We look forward to our further discussions on how to elevate the Cross Street Market experience,” Fowler said in a press release.

The team of Caves Valley Partners and War Horse, LLC, was selected in late March as the only “full-blown proposal” the BMPC received, Robert Thomas, the BPMC’s executive director, said at the time.

Thomas added that the goal of the redesign would be to make the market more responsive and efficient and to help with its presentation and customer experience.

In a press release, Mayor Stephanie Rawlings-Blake called the Cross Street Market “the next logical step” in the development of Baltimore’s public markets, which also include  the Avenue, Broadway, Hollins, Northeast and Lexington Markets.

“Our public markets play a significant role in the history and future of Baltimore’s communities. I believe that a public-private partnership will enable the type of investment to attract a diversity of vendors and improved nutrition options for residents who live nearby,” Rawlings-Blake said.