Sagamore Development has released new detailed conceptual renderings for its 266-acre, $5.5 billion Port Covington redevelopment project. Sagamore Development is part of Plank Industries which is the larger entity that manages all the Sagamore brands and is owned by Under Armour Founder and CEO Kevin Plank.

Sagamore’s plan for Port Covington includes Under Armour’s 50-acre, 3.9 million sq. ft. global headquarters at the former Port Covington Shopping Center; 1,500,000 sq. ft. of destination, attraction, entertainment, and specialty retail; 500,000 sq. ft. of “maker” and industrial/light manufacturing space; 200-plus hotel rooms; 1,500,000 sq. ft. of office space (in addition to the Under Armour Global Headquarters); and civic and cultural uses including 40-plus acres of public parks, a public waterfront, and other public facilities. It also includes more than 7,500 residential units, which could total up to 14,000 units comprised of rental and for-sale properties at various price-points. The plan also includes potential sites for a post office, school, library, fire station, police paddock, and cultural center.

Already completed at Port Covington is City Garage, a 133,000 sq. ft. former garage facility which is fully leased and described as “a hub for manufacturing, innovation and entrepreneurship;” Building 37, which converted the former Sam’s Club into a 170,000 sq. ft. Under Armour office building and amenity space; and 240 W. Dickman St., which is undergoing renovations and is now the home of Potential ME and potentially more non-profits, according to Sagamore.

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