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Baltimore Development Corporation

A collection of news and information related to Baltimore Development Corporation published by this site and its partners.

Top Baltimore Development Corporation Articles

Displaying items 73-84
  • Harbor Point deal goes to full council Monday

    Harbor Point deal goes to full council Monday
    Opponents of more than $100 million in public financing for an upscale waterfront development say they plan to continue to fight the proposal as it goes before the full City Council for a vote Monday evening. But City Council President Bernard C. "Jack"...
  • No more Harbor Point surprises

    No more Harbor Point surprises
    Those who are dead set against the proposed $107 million in tax increment financing bonds to cover roads, parks and other infrastructure associated with the Harbor Point project are bound to find disquieting the news that developer Michael Beatty plans to...
  • Harbor Point developer to buy project's city-issued bonds

    Harbor Point developer to buy project's city-issued bonds
    The developer of Harbor Point plans to buy the initial offering of city-issued bonds for the $1.8 billion project, accruing millions in interest from the controversial public financing deal, city officials confirmed Thursday. Developer Michael S. Beatty'...
  • Baltimore tourism business steady, but Otakon's exit points to future challenges

    Baltimore tourism business steady, but Otakon's exit points to future challenges
    Even after losing Otakon, the city's biggest convention, Visit Baltimore promoted its success booking future conventions last week. Baltimore's tourism business ticked up somewhat in fiscal year 2013, which ended June 30. Visit Baltimore, the city's...
  • Senator Theatre reopening set for Oct. 10

    Senator Theatre reopening set for Oct. 10
    After 17 months and $3.5 million in construction, the renovated and expanded Senator Theatre will reopen Oct. 10 with a screening of John Waters’ “Hairspray” — 25 years after the original film had its premiere at the North...
  • City poised to grant job-creation extension to Morgan Stanley

    City poised to grant job-creation extension to Morgan Stanley
    In return for the promise to bring another 650 jobs to Baltimore, city leaders are poised on Wednesday to give financial services giant Morgan Stanley more time to meet the terms of a $3.25 million loan forgiveness program. The Board of Estimates vote...
  • Councilman Stokes is right to ask what taxpayers are getting for their $107 million subsidy of Harbor Point

    Councilman Stokes is right to ask what taxpayers are getting for their $107 million subsidy of Harbor Point
    It is irresponsible for The Sun to suggest that a single city councilman is holding up giving taxpayers' money away to a millionaire developer ("Stokes holds up Harbor Point," June 21). Why should elected officials give carte blanche to developers for...
  • BDC says Stokes spreading misleading information about Harbor Point

    BDC says Stokes spreading misleading information about Harbor Point
    The Baltimore Development Corp. has accused City Councilman Carl Stokes of spreading misleading information about the $1 billion Harbor Point development and how it qualified for tax breaks meant for impoverished areas. Stokes, chairman of the City...
  • Hilton Baltimore again loses millions

    Hilton Baltimore again loses millions
    The city-owned Hilton Baltimore lost nearly $11.2 million in 2012 — a slight improvement from a year earlier, according to an audit to be presented to the city's Board of Estimates next week. Because of mounting losses, the city was forced to...
  • Mayor to seek new 'Superblock' bids this fall

    Mayor to seek new 'Superblock' bids this fall
    Mayor Stephanie Rawlings-Blake said Wednesday that she intends to seek new proposals to develop the long-stalled "Superblock" before year's end. "My plan is for the [request for proposals] to be issued this fall," she said. "We're exploring ways to...
  • 'Superblock' developers demand millions from City Hall

    'Superblock' developers demand millions from City Hall
    The former developer of the long-stalled "Superblock" project has accused the city of improperly terminating its deal for the downtown west-side property — and is demanding millions in compensation. Lexington Square Partners is seeking to...
  • 'Superblock' project in jeopardy

    'Superblock' project in jeopardy
    Mayor Stephanie Rawlings-Blake won't grant another extension to the developers of the long-stalled "Superblock" project on the city's west side, putting the future of the ambitious plan in jeopardy. Kaliope Parthemos, the city's deputy chief of...