In the summer of 2013, the City Council was given a report by the Baltimore Development Corp. detailing how much infrastructure (roads, sewers, parks, etc.) would cost in order to convert the site of a former Allied Chemical factory to a sleek waterfront office-and-apartment complex envisioned by developer Michael Beatty.

One item was Central Square, a plaza in the middle of the development.

The estimated “hard” cost by Rummel, Klepper & Kahl was $9.4 million, to which was added 60% for contingencies and other costs, making for a grand total of $15.9 million.

READ FULL ARTICLE HERE