NEW ARENA?

Yesterday the Greater Baltimore Committee announced a $900M proposal to build an 18,500-seat arena, 500-key hotel, and expanded convention center at the Sheraton Inner Harbor site downtown. (Does this mean we get a basketball team?)
No, this isn't a scene from Indepedence Day. The hotel would be built on top of the arena on land owned by Whiting-Turner CEO Willard Hackerman (Citybizlist reports he'd kick in $500M in funding). The convention center expansion includes building a 760k SF East Wing, doubling the center's size. That'll be paid for with public money, and the Sheraton Inner Harbor and its parking garage on Charles and Conway streets would be demolished to make way for the project. It's also not all about commercial buildings: the plan includes transforming Rash Field into a public park, complete with volleyball pits. Yes, that makes it a project that'll spike construction activity and our serves.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Baltimore Newsletters
Related Stories

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

CBRE IM Buys Net Lease REIT For $1.6B, Plans More Investment

The Difference Between Service And Hospitality That Makes A Flexible Workspace A Success

Beyond The Boom: How Miami's CRE Market Continues To Be Resilient

Sixers And Flyers Unveil Renderings Of South Philly Arena Due In 2030

The Opportunities, Limitations And Benefits Of Reserved Investor Funds

After 5 Years Of Gains, Commercial Real Estate's C-Suites Just Got Less Diverse

£1B Property Group To Buy Huge Chunk Of Collapsed NCP Car Park Empire