Clipper Mill’s recent sale shows there’s plenty of institutional interest in Baltimore, particularly in mixed-use projects, according to Cris Abramson, executive managing director of NKF’s Capital Markets Group. NKF’s Capital Markets Group facilitated the transaction for the development, which includes ...Read More »
Legislation to expand the use of tax increment financing in certain growth areas of the state is expected to be introduced in the General Assembly next week, according to Jon Laria, chair of the Maryland Sustainable Growth Commission. During a ...
Tagged with: Belvedere Square BWI Thurgood Marshall Airport clipper mill department of planning east baltimore development inc. General Assembly House Environmental Matters Committee Martin O'Malley Maryland Sustainable Growth Commission mondawmin mall plan maryland tax increment financing TIFRead More »
Should financially strapped Baltimore support private development? That is one of the questions posed by a city task force that studied the practice of granting millions in taxpayer incentives for economic development. Over the next six months, city leaders will ...
Tagged with: Ballard Spahr Baltimore Development Corporation Belvedere Square board of estimates charles village clipper mill Mayor Stephanie Rawlings-Blake mondawmin mall pilot Ryan O'Doherty TIF Under ArmourRead More »
Baltimore finance officials have drained nearly half a million dollars from a special account to help cover the $1.4 million repayment due this month on $78 million in tax increment financing bonds issued for the struggling East Baltimore Development Inc. ...Read More »
City officials this month will send out $652,000 in special tax bills for tax increment financing bond repayments because property taxes collected from three prominent city developments were not enough to reimburse investors. The Clipper Mill, Belvedere Square and Mondawmin ...Read More »
One of the targets at a Democratic mayoral forum sponsored by BUILD Thursday night was giving public subsidies to wealthy developers to help in local economic development. You know, like the subsidies given or promised to developers John Paterakis, William ...Read More »
When you think of Baltimore, you don’t necessarily think “fashion destination” along the lines of New York, Paris, Milan, etc. But apparently someone wants to try to change that. On Sept. 8, a “Fashion’s Night Out” celebration of sorts will ...Read More »
Property taxes at the chic Clipper Mill development near Hampden will not generate enough money to cover an upcoming bond repayment, and Baltimore officials say more payments are needed from developers and possibly property owners to make up the difference. ...Read More »