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$150M overhaul of Royal Farms Arena the latest downtown redevelopment (access required)

Baltimore is beginning negotiations regarding a potential $150 million renovation of Baltimore’s Royal Farms Arena, the Baltimore Development Corporation announced Wednesday. Oak View Group, a Los Angeles-based sports and entertainment company, and the city will negotiate management and leasing terms of the city-owned property, which was first built in 1961. OVG and its arena partners, Thirty Five Ventures, would finance the project. Thirty Five Ventures was founded by basketball ...

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