South Baltimore Business Roundup

| January 27, 2015 | 0 Comments

Westport Waterfront Heads to Auction Today 

westportWestport Waterfront was one of the biggest and most anticipated real estate developments in Baltimore, proposing 2 million sq. ft. of office space, 300,000 sq. ft.of retail, and 2,000 residential units. The development from Turner Development began in 2004, but never moved forward after they demolished the existing buildings and remediated some of the existing land at the 43 acre property along the Middle Branch in South Baltimore.

The property, which fell into foreclosure in recent years, will be offered at an Alex Cooper Auctioneers Inc. auction today at 1130am at the steps of the Clarence M. Mitchell Jr. Courthouse. The winning bidder must make a deposit of $1,000,000.

The area around the Middle Branch has seen much investment recently as Under Armour CEO Kevin Plank’s development team Sagamore Development has been linked to $90 million in land purchases totaling 128 acres at Port Covington.

Update:  The property was sold for $6 million to Westport Property Investments LLC who is represented by Baltimore based law firm Ballard Spahr. The group already owned the note on the property, acquiring it last year.

Under Armour Campus at Port Covington?

With Kevin Plank’s link to $90 million in land purchases at South Baltimore’s Port Covington, which includes the shopping center, the Baltimore Sun property, Schuster Concrete, and several other parcels, all signs are pointing toward a potential new campus for the sports apparel company. In a new article, The Baltimore Sun is reporting that a renovation of the former Sam’s Club could be the first move by Under Armour. From the article:

City officials said they haven’t been approached about Plank’s ideas for the South Baltimore peninsula, beyond smaller plans to retrofit the former Sam’s Club with offices and a basketball court for Under Armour and possibly locate a whiskey distillery there — Plank has a pet project called Sagamore Spirit.

The Sun also wrote that Atlantic Forest Co., which owns a major parcel on Dickman St. on West Covington, has been approached by Sagamore’s Marc Weller about selling the property. Meanwhile, the National Aquarium is evaluating its options for the soon-to-open West Covington Park, including selling.

Sagamore has also been linked to a property sale at Nick’s Fish House. The restaurant will now be run by the team from Delaware shore restaurants The Starboard and Bethany Blues.

With land deals from Sagamore that could end up totaling more than 200 acres at Port Covington, and news of Under Armour beginning to construct offices there, it will certainly be interesting to see what the future holds.

Under Armour Looks to Outfit Baltimore Police

The Baltimore Sun is reporting that Under Armour is hoping to give the officers from one district new uniforms. From the article:

On Wednesday, the city’s spending panel is set to clear the way for the company to give the Baltimore Police Department new uniforms for officers in one district. The project is described in city documents as a “collaboration” between the police and Under Armour to “potentially improve the quality and durability of police uniforms and relieve some strain on the Police Department budget.”

The company joined the Baltimore Community Foundation and the Baltimore Police Foundation in 2011 in donating $300,000 for the Southern District to buy equipment, including 30 desktop computers, eight police bicycles, gym upgrades, 20 Tasers and other items.

The South Baltimore Neighborhood Gets Some Love

The South Baltimore Neighborhood was featured on Live Baltimore’s Final Friday on Facebook. From the post:

Our first Final Friday of 2015 reinforced that, no, South Baltimore is not a region of the city. It’s a neighborhood! While many mistake South Baltimore for Federal Hill, the neighborhood offers a slightly quieter and more affordable alternative that’s still within easy walking distance of the same shops and restaurants. Our team was lucky to start our morning in a fully renovated rowhome that’s been in the same family for three generations. As we walked, we were impressed by the scenic views and by the variety of housing options. We ended our visit with a guided tour of 1901 South Charles, a newly constructed, LEED Gold certified apartment community, featuring drool-worthy grown-up amenities, included parking, and a private central courtyard.

From the post on Live Baltimore’s Facebook Page

The South Baltimore Now Podcast Latest Episodes Produced by Nathan Carper: https://www.natecarpercreative.com

About the Author:

Founder and Publisher of SouthBmore.com, longtime resident of South Baltimore, and a graduate of Towson University. Diehard Ravens and O's fan, father of three, amateur pizza chef, skateboarder, and "bar food" foodie. Email me at Kevin@InceptMM.com and follow me on Twitter at @SoBoKevin.
×