Port Covington Developers Reportedly Reach Deal on Affordable Housing

The Kevin Plank-backed development firm working on Port Covington reportedly reached a deal with the community on affordable housing, but not all nonprofits are onboard.

According to the Baltimore Business Journal, Sagamore Development set a Wednesday morning press conference to announce that 20 percent of the housing will be affordable housing. That would amount to 2,800 units on the South Baltimore peninsula that will be home to a new Under Armour campus and a veritable city-within-a-city.

It was billed as an agreement with community groups, but not all of those orgs are onboard. Around the same time the report came out on Friday, groups including People Organized for Responsible Transformation, Tax Subsidies and TIFs and Build Up Baltimore issued a statement saying that issues beyond affordable housing were not addressed.

READ FULL ARTICLE HERE

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.

Connect with these Baltimore Professionals on LinkedIn

  • Edwin Warfield

    Editor in Chief, Warfield Digital

    Connect
  • Jean Halle

    Independent Consultant

    Connect
  • Larry Lichtenauer

    President of Lawrence Howard & Associates

    Connect
  • Newt Fowler

    Partner at Womble Carlyle, LLP

    Connect
  • David Crowley

    Owner at Develop DC

    Connect
  • Carolyn Stinson

    Stinson Marketing Group

    Connect