State and federal environmental agencies granted approval for the developer of Harbor Point to begin a 15-day air monitoring plan, a critical step toward starting construction of the planned 23-story regional headquarters for energy company Exelon Corp.

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Portraying downtown Baltimore’s commercial properties as second fiddle to the waterfront, as Harbor Point developer Michael Beatty did late last year in a sales prospectus for the 260,651-square-foot Thames Street Wharf, will result in a smackdown.

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The controversial tax increment financing bonds, or TIFs, to be issued to Harbor Point developer Michael Beatty this winter will not directly fund public infrastructure at the $1 billion project as pledged by Beatty to the City Council last summer.

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Harbor Point’s only office building, the Thames Street Wharf, is for sale.

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The city’s Board of Finance Monday approved the sale of up to $36 million in tax increment financing bonds to allow construction of the $1 billion Harbor Point development to begin.

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T. Rowe Price Group Inc. announced Thursday it would remain at 100 E. Pratt St., as per a recently signed a letter of intent to negotiate a new lease there.

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More information needed. That’s the consensus of a group of nearly 60 who gathered at a forum Monday night to discuss environmental concerns surrounding the $1 billion development of Harbor Point at the site of the former Allied Signal chromium processing plant.

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The proposed $1 billion project at Harbor Point cleared major environmental hurdles Thursday when state and federal agencies approved the developer’s detailed design plan for energy giant Exelon Corp.’s regional headquarters.

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The developer of the $1 billion Harbor Point project said it has prepared a new air monitoring plan to evaluate levels of toxic hexavalent chromium before and during construction, according to new documents filed with the U.S. Environmental Protection Agency and the Maryland Department of the Environment.

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A public forum on environmental issues surrounding the planned Harbor Point development will be held Thursday.

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