Ten weeks after a study recommended that the city, state and Pimlico Race Course owner negotiate over the track's uncertain future, the dialogue has become strained and elected officials now say they are battling to prevent the Preakness Stakes from ditching Baltimore.
The president of the Baltimore Development Corp. says an overhaul of Pimlico Race Course would likely require an investment of at least $125 million for infrastructure by city taxpayers — but could spur $700 million in additional development.
Horseshoe Casino Baltimore is buying up land near stadiums as casinos adjust to shifting market. The casino, whose revenues have declined since a new MGM opened, is eager to transform its South Baltimore industrial area into an entertainment district.
Breweries, distilleries and other elixir mixers are a growing economic force in Baltimore. They're adding jobs, energizing neighborhoods, boosting tourism and, city leaders and economists say, are an important aspect of reviving manufacturing in Baltimore.
The Obama administration has directed $110 million in new funding to Baltimore since last year's riots, according to a report to be released today by a White House task force that is winding down as President-elect Donald Trump prepares to take office.
After the City Council last night approved $660 million in bonds for the Port Covington development, Under Armour CEO Kevin Plank's plan to remake the South Baltimore peninsula still needs millions in state and federal funding to make his dream a reality.
The Maryland Jockey Club is planning to sell part of its Pimlico Race Course property in Baltimore to Sinai Hospital, a deal that comes amid questions about whether horse racing will continue at the site.
The board of the Baltimore Development Corp. on Thursday unanimously recommended that the city move forward with $535 million in public financing to build infrastructure for billionaire Under Armour founder Kevin Plank's private, mixed use real estate project in Port Covington.
Public and non-profit leaders on Monday called on the city and counties to work together to increase access to jobs and housing for the poor, as they released what they called a "first-ever" comprehensive regional economic development plan.
Destruction is estimated at $9 million for about 285 businesses damaged during the recent unrest in Baltimore — which officials say is only a fraction of what the total will be for the damage and economic impact.
Mayor Stephanie Rawlings-Blake plans to focus much of Monday's State of the City speech on a plan to bolster small businesses, including more funding for the city's Small Business Resource Center and $1 million for an "innovation fund" to help small firms acquire the latest technologies.
With development booming in Baltimore, the city's property wealth grew by more than $1.3 billion last year — by far the fastest rate in Maryland. But those gains have come with a cost: deep cuts to city schools.
One of Baltimore's most prominent development firms wants to build a new, world-class arena on piers in the Inner Harbor, reviving a long-talked-about project that would replace the aging Royal Farms Arena on the city's west side.
New Baltimore Development Corp. president William H. Cole IV wants to increase incentives for small and mid-size businesses by $4 million annually, boost small city loans for start-up firms by $500,000, and attract 13 international companies to the city.
Baltimore's self-image seems at odds with the relentless optimism of Under Armour founder Kevin Plank. Plank wants – perhaps needs – the city to shed its inferiority complex if he is to keep growing the thriving company and lure thousands more employees to the city.
The number of college-educated people ages 25 to 34 living within three miles of Baltimore's central business district increased 92 percent between 2000 and 2010, according to a new analysis of census data. The growth occurred despite an overall decline in population in those neighborhoods.
The Baltimore City Council on Monday unanimously approved Federal Hill Neighborhood Association President Eric T. Costello to fill a vacant seat, but several members expressed concern over a process they said lacked true community involvement.
Eric Costello has been a magnet for controversy as president of the Federal Hill Neighborhood Association. Now he's been nominated to fill a City Council vacancy through a process that has been criticized. The council is expected to vote Monday on his nomination.
Mayor Stephanie Rawlings-Blake won praise from clergy and community leaders Friday after calling for a federal investigation into allegations of police brutality — a move that is all but certain to draw added scrutiny on City Hall. But careful observers noted the request from Rawlings-Blake and Police Commissioner Anthony W. Batts came hours after another official — City Council President Bernard C. "Jack" Young — raised his hand to invite the U.S. Department of Justice in for
Fifteen residents of Baltimore's 11th District — which includes downtown, Federal Hill and Bolton Hill — spent Tuesday evening making their best pitches on why they should fill the vacant City Council seat left by William H. Cole IV.