Pavers at Harbor Point to Cost $1,170,000

6/19/16

By Mark Reutter, BaltimoreBrew

The Baltimore Development Corp. disclosed this morning that the cost of installing pavers at a small park in front of the Exelon Tower at Harbor Point “is approximately $1,170,000.”

Installation of the pavers is proceeding even though the city Board of Finance has not yet authorized a second series of tax increment (TIF) bonds to pay for the work.

The pavers are among the “enhancements” now underway at Central Square – in the middle of the Harbor Point development – that the city is financing through the issuance of TIF bonds.

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