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Baltimore downtown, Inner Harbor gets $166M from state for revitalization

Baltimore’s downtown and Inner Harbor areas will get $166 million worth of upgrades as part of a revitalization project. (File photo)

Maryland Senate President Bill Ferguson, District 46 Dels. Luke Clippinger, Robbyn Lewis and Brooke Lierman Thursday announced a historic $166 million investment in state funding to revitalize Baltimore’s downtown and Inner Harbor area.

The funding was secured over the past two legislative sessions and will continue through fiscal year 2025.

The delegates were joined by representatives of more than a dozen downtown and Inner Harbor anchor institutions who advocated for this funding, including the Downtown Partnership of Baltimore, the Waterfront Partnership of Baltimore, Baltimore City Community College, the Chesapeake Shakespeare Company, the Maryland Science Center, the National Aquarium, The Peale, Port Discovery Children’s Museum, the Pride of Baltimore II, the USS Constellation and Visit Baltimore.

Although downtown Baltimore is the fastest growing residential community in the city, there has not been sufficient funding in recent years to make the improvements necessary for the area to reach its fullest potential. The new investment aims to allow these anchor institutions to transform downtown and the Inner Harbor.

The $166 million in state funding includes:

  • $50 million for the relocation of state employees from State Center to the Central Business District
  • $11.5 million for the Downtown Partnership of Baltimore
  • $7.5 million for the Inner Harbor Promenade with another $60 million pre-authorized in FY24 and FY25
  • $7.4 million for the BCCC Bard Building
  • $5.5 million for the Reginald F. Lewis Museum
  • $5 million for the National Aquarium
  • $5 million for streetscaping the new Warner Street Entertainment District
  • $4 million for Rash Field Park
  • $3.25 million for Port Discovery Children’s Museum
  • $3 million for the Maryland Science Center
  • $2.5 million for the USS Constellation
  • $750,000 for the Pride of Baltimore II
  • $400,000 for the Peale Center
  • $200,000 for the Chesapeake Shakespeare Company

One comment

  1. Opinion: 166 Million Dollar State Funds Enhances the Value of the City & “Charm’tastic Mile”

    Harbor East has become the crown jewel of the city. Making the Inner Harbor and the business district a priority to improve its brand image is crucial to the stability of tourism and potential business investors locally & overseas to the downtown area. The new funds need to focus on how we as a city/metropolis become more Internationally recognized on the globe. The new funds will also affect the financial rewards to the city for tourism during Charm City at 50, the 50th Anniversary (1975-2025) for the Charm City nickname in 2025.

    Earlier this week The “Charm’tastic Mile” celebrated its 1st-ever “Charm’tastic Mile Day”. The Proclamation by Mayor Brand Scott highlighted the trademark of The “Charm’tastic Mile” and that the Iconic Baltimore thoroughfare joins Beverly Hills’ Rodeo Drive, New Orleans’ Bourbon Street and Chicago’s Magnificent Mile as one of the Most Famous Streets in America. Mayor Scott also mentions that The “Charm’tastic Mile” is a branding campaign that aims to promote the downtown business district.

    The “Charm’tastic Mile” is the only registered trademarked street corridor in the City of Baltimore. It’s association to the Charm City nickname & to the Iconic Domino Sugars neon sign make it a major entity for business, tourism and the overall brand of the city.

    The backdrop of The Mile features Oriole Park at Camden Yards, M&T Bank Stadium, Baltimore Convention Center, and the new Baltimore Arena development in Dwtn-West. The heart of The “Charm’tastic Mile” is the Inner Harbor with the new project for the pavilions, MD. Science Center, National Aquarium, World Trade Center and Power Plant. Heading towards the anchor of The Mile in Harbor East there’s Little Italy and the Reginald Lewis Museum.

    Add to the mix an array of banks, financial institutions, hotels, restaurants & shops and you have a mecca stretch corridor that will have tremendous recognition not just in the northeast area of the country but on a national and potential global level. So what’s the value of The “Charm’tastic Mile”, is it 20, 25, or 30 million dollars. That may be a ballpark low or high number depends on who you ask. If you have a registered trademarked street as the engine and bridge to your city it has huge value just like the other Iconic Streets in America.