State Sen. Bill Ferguson has requested $250,000 from the state to make tenant improvements at Cross Street Market, as plans for a private renovation remain in limbo.
Baltimore signed an agreement last year with Caves Valley Partners for a $6.5 million overhaul of the building. But the Towson-based developer, which took over management in January, has been on the fence about moving foward, amid opposition from merchants worried about being displaced and neighbors concerned about its request for a liquor license.
Firm leaders recently said they were reviving their efforts, hopeful they could mobilize support for the project. They said they would consider more gradual rent increases for tenants, if state money could be found to assist with tenant improvements.
Ferguson said Cross Street Market needs renovation whether or not the private redevelopment moves forward. He requested $250,000 as part of the local bond bill.
"Regardless of what happens, there is not a lot of disposable capital ... at the city level," he said.
People seeking state bonds for local project will make their pitches Saturday before the House Appropriations and Senate Budget & Taxation committees. Ferguson said he's not sure whether there will be money available for local bond bills this year.