It was a glass-half-full day. It was a time to celebrate cranes in the air — four of them — towering behind Johns Hopkins Hospital, where the stalled $1.8 billion East Baltimore redevelopment project was getting a jump start. None ...Read More »
What is a TIF? The acronym stands for Tax Increment Financing, a little-understood form of public investment in urban redevelopment now favored by the city of Baltimore. When City Hall approves a TIF to help finance a new development, bonds ...Read More »
The plan to redevelop East Baltimore was announced in January 2001, but 10 years later, the the redevelopment has fallen short. Hundreds of residents have been relocated, while leaving whole blocks of row homes vacant and wide open fields where houses once stood. For some residents, the experience has been unsettling.
Tagged with: ashland avenue Baltimore biotech community corruption Development east baltimore east baltimore development inc. EBDI Johns Hopkins johns hopkins hospital lisa francis mcdonough street middle east redevelopment relocation the new east baltimore the new east baltimore project videoRead More »
Baltimore County must adjust to the “reality of today’s job market” with redevelopment efforts targeted at key sites around the sprawling, horseshoe-shaped jurisdiction, County Executive Kevin Kamenetz said. Kamenetz, who spent 16 years on the county council, has already slashed ...Read More »