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

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

DFW Multifamily Distress Creates Opening For Investors As Development Slows

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

Thor Equities Plans $1B Data Center In North Georgia: The Atlanta Deal Sheet

Prolific South Florida Developer Nick Rojo Dies At 44

25 Years After 9/11, Lower Manhattan Is Finally Firing On All Cylinders

Davis Looks To Sell 16-Building Beacon Hill, Back Bay Portfolio

Tishman Speyer Seeks $92M Tax Break For Next Hudson Yards Office Tower

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

Limekiln Sells Stake In Multifamily Lender MF1 To Berkshire Residential

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

Solar Projects In Georgia Meet Local Backlash As Data Centers Drive Demand For Power