The city has reached agreements with Under Armour CEO Kevin Plank's real estate firm about affordable housing, local hiring, and minority and woman-owned business participation, in his proposed multi-billion dollar redevelopment of the large swath of land he owns in South Baltimore.
Fueled by a surge of new state demolition money, Baltimore officials plan to quickly knock down more than 100 vacant buildings at two dozen blighted sites in East and West Baltimore over the next few months.
Developer David Tufaro, of Roland Park, is redeveloping an old mill on the Jones Falls in Hampden as a multi-use housing, retail and office center, a Belvedere Square-style market, and a 150-seat restaurant in the old boiler room.
Only 32 homes at four developments have been created under the city's inclusionary housing law since it went into effect seven years ago, according to a new report by the city's Inclusionary Housing Board, appointed this year to monitor the program. More than 9,000 new units have been completed or approved since 2010, according to the Planning Department.
The first major "adaptive reuse" project in the valley between Baltimore's Woodberry and Hampden communities was completed in the mid-1980s. Three decades later, only two major sites have not been redeveloped as housing, retail or office space.