A Baltimore City Council committee approved a plan to give millions in taxpayer assistance to the $1.8 billion Harbor Point development. The controversial vote came after opponents criticized developer Michael S. Beatty’s plans for the 27-acre waterfront site—which will be home to energy giant Exelon's new regional headquarters. Local ministers alleged that the $107 million in city financing would harm schoolchildren by holding down tax revenue. The legislation calls for $107 million in tax increment financing bonds to pay for infrastructure, parks and other site improvements.
Related Stories
Codes and Standards | Sep 22, 2020
Air cleaners, chemical and UV treatments among tools to safeguard indoor air amid pandemic
Strategies augment social distancing, increased air flow to combat COVID-19 spread.
Codes and Standards | Sep 21, 2020
No ease of lumber price spikes in sight
Wildfires strike Northwest timber industry in wake of Covid-19 shutdowns.
Codes and Standards | Sep 17, 2020
Spate of energy code appeals could hamper efficiency progress
Construction and fossil fuel interests oppose portions of latest model energy code.
Codes and Standards | Sep 16, 2020
Heat pumps are the future for hot water
Sustainability policies will drive trend.
Codes and Standards | Sep 15, 2020
Taller timber buildings approved in National Fire Protection Association code
Ensures compatibility with the International Building Code.
Codes and Standards | Sep 14, 2020
Relocation of neighborhoods, the next step in U.S. flood strategy, is underway
Repeated rebuilding after successive floods now seen as bad policy.
Codes and Standards | Sep 10, 2020
Fannie Mae programs provide incentives for multifamily solar
Affordable housing projects can find PV installations to be cost-effective.
Codes and Standards | Sep 9, 2020
Corporate pledges accelerate net-zero building movement
World Green Building Council drives goal of net-zero carbon emissions by 2050.
Codes and Standards | Sep 8, 2020
Study will examine elevator airflow amid COVID-19 pandemic
Researchers to investigate risk of airborne transmission.
Codes and Standards | Sep 4, 2020
Updated selection, application guide for plastic glazed skylights, sloped glazing released
Part of suite of skylight documents by Fenestration and Glazing Industry Alliance.
