MAJOR ANNOUNCEMENT: Port Covington TODAY (9.8.16) 1 pm @City Garage: Largest Citywide Community Benefits Commitment in Baltimore’s History

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The City Garage is located at 101 W. Dickman Street in South Baltimore. The press conference is at 1 pm. (www.bmorenews.com)

By Bmorenews Staff

(BALTIMORE – September 8, 2016) – At 1 pm today at the City Garage (101 W. Dickman Street), Baltimore City officials, Sagamore Development and Community Leaders will announce details of what has been dubbed as “the largest ever citywide community benefits commitment in Baltimore’s history.”

Attendees can expect to hear the details of the commitment. Sagamore Development, owned by Under Armour’s Kevin Plank, seeks to ensure a successfully redeveloped Port Covington. On the table is over a half billion dollars in Tax Increment Financing dollars (TIFs).

Baltimore City Council President Bernard C. “Jack” Young is scheduled to attend. Young has been instrumental in helping ensure the community is treated fairly in this Port Covington conversation. Mayor Stephanie Rawlings-Blake and Tom Geddes, CEO of Plank Industries are both set to speak, as well.

Alicia Wilson, Vice President of Community Affairs at Sagamore Development, will also get the mic. She has been a critical player focused on the inclusion of black businesses in this redevelopment of Port Covington, especially certified businesses. And, attendees can expect to hear from Baltimoreans United in Leadership Development (BUILD).

According to Bmorenews sources, BUILD played a monumental role in this historic benefits agreement, supposedly valued at or around $100 million. Bishop Doug Miles told Bmorenews that BUILD worked extremely hard on this project and that he is very pleased with what’s been accomplished thus far.

Keep watching Bmorenews.com, the news before the news …

 

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