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Beatty Development announces new chief operating officer
Jody Clark has been named the chief operating officer of Beatty Development Group and will oversee the development firm’s operational management. Her responsibilities will include overseeing asset management, development, leasing […]
In city and county, year marked by fits and starts
Controversy and construction. Big plans and small steps. Creative financing. In 2013, the real estate and development scene in the city and Baltimore County saw a wave of fits and starts.
Md., Feds OK Harbor Point project
The proposed $1 billion project at Harbor Point cleared major environmental hurdles Thursday when state and federal agencies approved the developer’s detailed design plan for energy giant Exelon Corp.’s regional headquarters.
Harbor Point environmental plan expected by early October
The negotiated plan would allow the drilling of about 1,000 pylons through a protective cap covering toxic chromium on the city’s waterfront at the site.
Full City Council advances Harbor Point TIF
Legislation to establish up to $125 million in tax-increment financing advanced in the Baltimore City Council Monday evening, despite continued protests from some local leaders and residents.
DMA opposes Harbor Point tax proposal
The Downtown Management Authority of Baltimore on Tuesday said its board voted to oppose the tax-increment financing, or TIF, proposed for the Harbor Point complex planned by the Beatty Development Group for Exelon Corp.’s regional headquarters.
Harbor Point TIF plans put on hold following hearing
Plans for a $107 million tax-funded incentive for Baltimore’s proposed Harbor Point development were put on hold for at least several weeks, following a hearing Wednesday evening at City Hall.
Harbor Point TIF could cost $283 million
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.
Community requests Harbor Point share its tax benefit
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.
Stokes seeks investment for Perkins Homes community
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.
Exelon ‘committed,’ despite developer’s Harbor Point warning
The developer of the $1 billion Harbor Point project on the city’s waterfront said Thursday he would not build on the site if $107 million in tax incentives are not approved by the City Council.
BDC approves $107M tax break for Harbor Point
The board of directors of the Baltimore Development Corp. approved a request for a $107 million tax break to help develop the local headquarters for Exelon Corp. at Harbor Point Thursday morning, sending the bid on to Mayor Stephanie Rawlings-Blake.
