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Lexington Square Partners

Superblock
Jun 29, 2015

Ousted Baltimore Superblock developer goes to Md. high court

The ousted developer of Baltimore’s proposed Superblock project has taken its lawsuit against the city all the way to Maryland’s highest court.

May 2, 2014

Judge to decide fate of ousted Superblock developer’s lawsuit

A Baltimore judge is considering whether to throw out a lawsuit filed by the ousted developer of the Superblock seeking to block new bids on the project.

Superblock
Sep 3, 2013

Ousted Superblock developer sues

The once- and would-be developer of the Baltimore-owned Superblock property sued the city Tuesday for at least $50 million in an effort to block Mayor Stephanie Rawlings-Blake from entertaining new bids for the project.

Jun 25, 2013

BDC: Time’s up for Superblock

Thanks, but no thanks. That’s what top Baltimore officials reportedly told the developers of the proposed $150 million Superblock redevelopment after they asked for a sixth extension on the exclusive development rights for the city-owned parcel.

Dec 18, 2012

Developers set to purchase Superblock property for less than $3M

Developers of the Superblock project downtown are set to purchase the property from the city Wednesday for $12.2 million — less a credit of nearly $9.3 million.

Sep 20, 2012

Vote on Superblock tax break is put on hold

A vote on a $22.1 million tax break for the downtown mega-development called the Superblock was put on hold Thursday by a City Council committee because city development officials said they were renegotiating an agreement with the developers.

May 7, 2012

Hillman: Superblock project is unfair

A Baltimore developer has written a blistering letter to City Hall disputing proposed tax breaks for the $150 million Superblock project downtown. The May 1 letter from David H. Hillman, chairman and CEO of Southern Management Corp., to Mayor Stephanie Rawlings-Blake and the 14 members of the City Council, states that a plan to give […]

Apr 27, 2012

Court of Appeals rules against preservationists’ bid to protect Superblock buildings

Neighboring business owners and preservationists have lost their bid to protect historic buildings in Baltimore’s Superblock redevelopment area. The Court of Appeals said Friday that the group cannot sue to enforce an agreement between the city and the Maryland Historical Trust. The 4-3 ruling centered on a memorandum of agreement signed by the city and […]

Apr 25, 2012

Baltimore again extends deadline for Superblock agreement

Top city officials Wednesday gave another extension to developers of the $150 million Superblock project so they could line up financing — including a newly proposed taxpayer-supported incentive that city officials say totals $17.6 million — and retail tenants. The Board of Estimates voted unanimously to extend the land disposition agreement for another eight months […]

Apr 23, 2012

City Council to get Superblock tax proposal

A 20-year city property tax break for the developers of the $150 million Superblock development downtown was introduced in the City Council Monday night to provide an incentive city officials say is needed for the long-stalled project to move forward. The payment in lieu of taxes, or PILOT, calls for a 95 percent tax break […]

Mar 15, 2011

Read Drugstore’s exterior walls to be preserved

Hoping to avoid further delay in the redevelopment of downtown’s Superblock because of controversy over a landmark, Lexington Square Partners LLC has agreed to preserve two exterior walls of the former Read’s Drug Store in honor of a 1955 civil rights sit-in. The action by the developer means new architectural plans are in the works […]

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