BDC selects developer for Parkway Theatre project

A development team headed by Seawall Development Company and Cormony Development has been selected to redevelop Baltimore's historic Parkway Theatre as a live entertainment venue. The Baltimore Development Corp. announced Tuesday that it will enter into an "exclusive negotiating privilege" with the developers to give them time to refine their plans for the project, which includes the theater at 3-5 W. North Ave. and two adjacent properties. The team proposed a $12.2 million mixed-use project containing a performing arts venue, bar and museum.

-Edward Gunts