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Under Armour to present global HQ plans

Under Armour is set to make public details regarding its proposed global corporate headquarters in Port Covington on Thursday.

Images of a proposed project have been shown as part of a presentation earlier this year at a stockholder’s meeting at the company’s current campus at Tide Point. However, the presentation to Baltimore’s Urban Design and Architecture Review Panel will have fresher and more extensive details about the project.

The corporate headquarters is part of a larger redevelopment plan for the Port Covington area in South Baltimore. Sagamore Development Co., Under Armour CEO Kevin Plank’s real estate development firm, went before the panel earlier this month with a master plan to redevelop roughly 260-acres during the next 20 years that is expected to cost billions of dollars.

That project calls for a variety of uses, including residential and retail development, acres of open space and public access along the waterfront. Port Covington redevelopment plans are the most ambitious project proposed in Baltimore since the development of the Inner Harbor from a dilapidated maritime space to a thriving waterfront tourist attraction.

Under Armour’s global headquarters would serve as the centerpiece of that redevelopment and provide the economic engine for the rebirth of an aging industrial area where previous redevelopment attempts have failed in recent years.

About Adam Bednar

Adam Bednar covers real estate and development for The Daily Record.

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