STATE CENTER BLUES

Nothing says happy Monday (or Tuesday) like a lawsuit: a group of CBD property owners sued Maryland Dept. of General Services, the Dept. of Transportation, and State Center late Friday to halt work on (think about it…) the State Center.
The suit focuses on whether the state followed procurement laws in replacing two members of the original development group (Doracon Development and Streuver Bros). Plaintiffs allege the new partners were selected without competitive bidding and that public agencies slated to be housed in the development never solicited bids from nearby properties. According to Caroline Moore, CEO of development company Ekistics (which is working on the project), the $1.5B, 2.4M SF development will generate almost 2k jobs and $50M in tax revenues in its first phase . She called delays "unnecessary." Entities listed as plaintiffs include St. Paul Plaza, 301 Charles Street, and 39 W. Lexington.

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

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

With Occupancy Brimming, Investors Pile Into Bay Area Apartments

FBI Drops Investigation Into Financially Troubled StoryBuilt

Furniture Outlet The Dump Is Getting Dumped In Atlanta

Bally's Lines Up $560M Loan For Bronx Casino: The N.Y. Deal Sheet

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Data Center Spills 5,000 Gallons Of Fuel Into New Jersey River

Historic Brooklyn Hotel To Be Turned Into Ritz-Carlton-Branded Condos

Dublin BTR Had A €1B Summer

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Sales Of Lower-End Apartments Surge In Philly As Landlords Face Financial Issues

Wu Proposes Tax Breaks To Jump-Start Stalled Housing Projects