Exelon picks Harbor Point Exelon Corp. will build its $120 million, 300,000-square-foot Baltimore headquarters at Harbor Point, part of a $250 million development that it expects will attract about 4,500 permanent jobs, company officials said. The Baltimore Development Corp. is seeking ...Read More »
Legislation to expand the use of tax increment financing in certain growth areas of the state is expected to be introduced in the General Assembly next week, according to Jon Laria, chair of the Maryland Sustainable Growth Commission. During a ...
Tagged with: Belvedere Square BWI Thurgood Marshall Airport clipper mill department of planning east baltimore development inc. General Assembly House Environmental Matters Committee Martin O'Malley Maryland Sustainable Growth Commission mondawmin mall plan maryland tax increment financing TIFRead More »
A new Wegmans was announced for Owings Mills and a federal agency might hold up the Constellation/Exelon merger. Meanwhile, a legendary Baltimore Sun photographer’s prints are going to auction — much to his daughter’s chagrin — and plans for a ...
Tagged with: Baltimore Baltimore Sun casino Constellation Energy Group Development Exelon Corp. Federal Energy Regulatory Commission harrah's baltimore incentives merger owings mills photographs pilot Slots solo cup supermarket TIF wegman'sRead More »
A task force studying the use of TIFs and PILOTs in Baltimore issued an insightful and informative report last week with 11 written recommendations that should be the starting point for reforming the city’s use of these increasingly popular but ...Read More »
Should financially strapped Baltimore support private development? That is one of the questions posed by a city task force that studied the practice of granting millions in taxpayer incentives for economic development. Over the next six months, city leaders will ...
Tagged with: Ballard Spahr Baltimore Development Corporation Belvedere Square board of estimates charles village clipper mill Mayor Stephanie Rawlings-Blake mondawmin mall pilot Ryan O'Doherty TIF Under ArmourRead More »
A city task force examining taxpayer incentives to developers is recommending new criteria for the awards, including profit sharing on all projects, independent monitors and possible use of such inducements to help rebuild Baltimore’s middle class. During a hearing at ...
Tagged with: Abell Foundation Baltimore baltimore city council Baltimore Development Corporation baltimore orioles board of estimates carl stokes harbor east M.J. "Jay" Brodie Mayor Stephanie Rawlings-Blake morgan state university perry hall pilot tax increment financing TIFRead More »
A city task force examining taxpayer incentives to developers is recommending new criteria for the awards, including profit sharing on all projects, independent monitors and possible use of such inducements to help rebuild Baltimore’s middle class. The task force’s report ...Read More »
Saying they want the Baltimore Development Corp. to account for its “conduct and shortcomings” a group of local activists have sent an open letter to BDC President M.J. “Jay” Brodie requesting a meeting to air several complaints. Brodie said he ...Read More »
Under Armour is looking to expand its Tide Point complex, and its looking to the city for TIF bonds to help. The talks continue on a merger between University of Maryland’s College Park and Baltimore campuses. Those stories and more ...Read More »
Under Armour wants TIF aid The Baltimore City Council is expected to consider a request this fall by Under Armour Inc. for tax increment financing bonds to fund a portion of the company’s major expansion at Locust Point’s Tide Point complex. ...Read More »