Representatives of Under Armour founder Kevin Plank's private development firm confirmed Friday that the company has bought 43 acres of land in Westport, expanding its portfolio to a more cohesive ring around the Middle Branch.
Plank has long discussed his vision for a corporate campus for the $3 billion company, and his Sagamore Development Co. has amassed another 120 acres on the Port Covington peninsula jutting into the Patapsco River south of Interstate 95 for more than $90 million.
The Westport land had been owned by developer Pat Turner, who planned a major mixed use development there that fell victim to the recession when Turner fell behind on loan payments. A Plank affiliated company purchased the debt on the property last summer, leading to a foreclosure auction in January, where it secured the land for $6 million.
"Westport is part of Sagamore's cohesive vision for the Middle Branch and vital to the economic development, transportation connections and diverse culture of South Baltimore and the broader region," a Sagamore statement released Friday said.
There are also plans for a potential whiskey distillery in Port Covington, which was cleared by Baltimore's Planning Commission on Thursday.