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Tag Archives: Sagamore Development

Early infrastructure work underway at Port Covington

Sagamore Development continues to search for equity and development partners for its proposed Port Covington development. Steve Siegel, the company’s executive vice president, said in an emailed statement that early infrastructure work has started on the roughly 260-acres of underutilized ...

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$660M tax package for Port Covington gets final council OK

Sagamore Development Co., after fighting for public financing for its proposed $5.5 billion Port Covington redevelopment for several months, can now focus on the overhaul of the south Baltimore peninsula. The Baltimore City Council Monday night approved a legislative package ...

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Port Covington public financing gets tentative council approval

Legislation granting Sagamore Development Co. $660 million in public financing to redevelop Port Covington received initial approval from the city council Monday night. The $5.5 billion project, hailed by its planners and supporters as the most significant economic initiative in ...

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Port Covington TIF session to talk profit sharing, affordable housing

A Baltimore City Council committee reviewing legislation to provide public financing for the Port Covington redevelopment will discuss profit sharing and affordable housing for the project when it reconvenes Tuesday. The Taxation, Finance and Economic Development Committee is scheduled to ...

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