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Tag Archives: Harbor Point

Harbor Point TIF could cost $283 million (access required)

Although the initial request for one of three public tax breaks for a $1 billion development on the city’s waterfront near Harbor East is $107 million, the cost of repaying that amount will balloon to more than $283 million over the three-decade term of the bonds, according to city documents.

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C. Fraser Smith: Angelos preparing to oppose Harbor Point? (access required)

Harbor Point

Get ready, Baltimore, for a battle of the titans. Peter Angelos, principal owner of the Orioles and a major player in downtown redevelopment, is said to be preparing a lawsuit designed to stop or delay the controversial $1.1 billion Harbor Point project.

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Community requests Harbor Point share its tax benefit (access required)

A crowd of nearly 150 — many of them residents of public housing and local clergy — packed the chambers of the Baltimore City Council Wednesday for a committee hearing on a set of tax breaks totaling $88 million for a waterfront development where the energy giant Exelon Corp. plans to locate its local headquarters.

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Stokes seeks investment for Perkins Homes community (access required)

Baltimore City Council member Carl Stokes introduced legislation Monday night that would require nearly $16 million be returned to a low-income area and public housing project near Fells Point that developers of the $1 billion Harbor Point project used to gain a $52 million state tax credit.

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