Multi-Million Dollar Redevelopment Project Headed by Plank Seeks Government Funds

If you listen to the radio or watch TV, chances are, you’ve heard the new ads that have been running that talk about Port Covington. Port Covington, a neighborhood revitalization project that is slated to home the Under Armour headquarters, is a 266 acre plot of land on the water. This week, the Sagamore Development (owned by Under Armour CEO Kevin Plank) requested $535 million from the Baltimore Development Corporation (BDC). Additionally, the project will require $573.6 million in state and federal funding, and $327.7 of Sagamore’s own funds initially.

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Read the article on the Baltimore Business Journal here.

Multi-Million Dollar Redevelopment Project Headed by Plank Seeks Government Funds
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