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Old July 21st, 2006, 02:20 PM   #261
fanofterps
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Yes. I saw the same thing

Looks like some beginning construction has just started. Saw 10 workman on the site yesterday drilling a portion of the parking lot.

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Originally Posted by Baltimoreguy
It is a picture of Inner Harbor East. However it is before the development was enlarged. The buildings there are much larger and much taller. Also I drove by the Four Season site and yes, it is getting set up for construction. Part of the lot is sectioned off, with a small crane, nd construction trailers.
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Old July 21st, 2006, 04:08 PM   #262
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The 4th 50+ story building proposed for Baltimore since April!

Prime site sold for skyscraper
Hotel, condos to rise on former News American parcel
By Lorraine Mirabella
Sun reporter
Originally published July 21, 2006

One of the last prime, undeveloped parcels at the Inner Harbor has been sold to developers who plan to build a 50-story condominium and hotel skyscraper, joining other high-profile projects slated to add downtown housing and radically alter Baltimore's skyline.

UrbanAmerica LP, a New York-based real estate private equity firm, and Baltimore developer Doracon LLC have acquired the former site of the News American newspaper at 300 E. Pratt St. for $28 million. The block, now a parking lot between South and Commerce streets, had been controlled by Harvey Schulweis, president of New York-based Schulweis Realty Co. The company had floated proposals over the years for offices, a hotel, apartments and condominiums, but none ever materialized.

The $250 million project would include 300 condos, a 250-room, five-star hotel and 40,000 square feet of shops and restaurants, Richmond McCoy, president and chief executive of UrbanAmerica, said yesterday. A high-end hotel should boost the appeal of the condos because of the shared amenities such as a concierge, room service, swimming pools and spa services, the developers said.

McCoy said UrbanAmerica has sought development sites in the Baltimore area for about three years. "This one obviously stood out above all the rest," he said. "With all the success of downtown and the Inner Harbor, we think it's a fabulous location."

The partners, which will own the site and develop it in a joint venture, are negotiating with several high-end hotel investor operators, McCoy said.

Construction could begin next year, he said.

A cooling of the area's housing market has not dampened the partners' enthusiasm or belief that demand for condos downtown remains strong, he said. The condos would likely be priced in a range of $600 per square foot, which would equate to about $720,000 for a 1,200-square-foot apartment.

Some housing experts surveyed by the Downtown Partnership of Baltimore have cautioned that high-end condos downtown are at risk of being overbuilt, especially those in the $750,000 to $800,000-plus range.

But McCoy said the developers have been encouraged by the early success of condominium projects already under way, such as the Ritz Carlton Residences, now rising on the waterfront at the foot of Federal Hill, where buyers are spending $1 million and up.



Other projects include a condominium tower under construction at 414 Water St., a 34-story tower planned by The Cordish Co. that would rise atop a Metro stop at Market Place, and two 60-story condo and apartment high-rises in the Guilford Avenue corridor downtown planned by Potomac developer Richard W. Naing. Additionally, Philadelphia-based ARC Wheeler is proposing a 59-story glass condo and hotel skyscraper on Light Street.

"We think there's enough demand in the city and the region to support most of these projects, and we'll continue to monitor the strength of the market," McCoy said.

Andrew B. Frank, executive vice president of the Baltimore Development Corp., the city's economic development agency, said the mix of uses being considered suits the East Pratt Street site.

"It is a prime site at the intersection of the Inner Harbor and the central business districts and east of Charles Street, where development is certainly moving," Frank said. "This is at the intersection of three very hot areas."

Developer Harold B. Wheeler, a principal with ARC Wheeler, said having another residential and hotel tower at the Inner Harbor can only boost the downtown market.

"Quality projects like that make Baltimore more of a destination, and people want to live downtown even more," Wheeler said.



Wheeler said he hopes to close on the purchase of the Light Street site, a parking lot that once housed a McCormick & Co. spice factory, by mid-September and to have a deal with a boutique hotel operator by then. That project will also feature shops, restaurants and parking.

The 300 E. Pratt St. site has remained vacant since it was cleared in 1990. Schulweis had proposed building an office tower there in 1989, before the office market suffered a downturn. In 1996, Schulweis proposed an 800-room Westin as a city convention headquarters hotel, a project the city ultimately awarded to H&S Properties Inc. for a hotel that became the Baltimore Marriott Waterfront at Harbor East. Schulweis pushed on with plans to build a hotel on the site, before shifting to plans for an apartment tower, then to a mix of apartments and condominiums.



When Kirby Fowler, president of the Downtown Partnership, heard about the sale, "My reaction was, finally something might happen on this site," he said. "It's such an underutilized property."

The partnership is encouraging the new owners to include a significant amount of shopping along with the hotel and condos, Fowler said.

"We believe there will be more and more demand for retail along Pratt Street as more of it starts to fill in," Fowler said. "We'd like to push for more retail to play off the complementary retail at The Gallery," next door on Pratt Street.

But, Fowler added, "given the location of this property, there's little doubt that many different uses could work effectively here."

McCoy said UrbanAmerica usually works with a local development partner and has confidence in Doracon because of the developer's involvement in numerous city development projects. Doracon President Ronald Lipscomb did not return phone calls yesterday.
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Old July 28th, 2006, 06:10 PM   #263
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THE HILTON CONVENTION HOTEL GREW A CRANE THIS WEEK!



But it's soooo short. The Zenith apartment tower crane is in the background.

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Old July 31st, 2006, 05:29 PM   #264
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How many more floors before the Zenith tops off? I cant wait for the glass curtain facade to go on.

Im not at all excited about the convention center Hilton.
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Old August 3rd, 2006, 03:26 AM   #265
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Quote:
Originally Posted by waj0527
How many more floors before the Zenith tops off? I cant wait for the glass curtain facade to go on.

Im not at all excited about the convention center Hilton.
When I drove pass it I think I saw the zenith up to 15 floors.
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Old August 3rd, 2006, 04:19 AM   #266
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I love Baltimore and it's projects!!
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Old August 3rd, 2006, 04:25 AM   #267
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Thanks!!
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Old August 10th, 2006, 09:13 AM   #268
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Any news on 10 Inner Harbor yet?
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Old August 10th, 2006, 11:36 PM   #269
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September....................
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Old August 11th, 2006, 06:29 PM   #270
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I can't wait to hear about Inner 10 Harbor in September soon!!
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Old August 11th, 2006, 07:33 PM   #271
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Props to Wada for the pics.

The Vue is topped off.........




414 Water Street continues to progress.....




The Zenith rising in the background....


Demoltion at Calvert and Baltimore Streets...


Cranes at the Ritz-Carlton site:
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Old August 12th, 2006, 02:46 PM   #272
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Developer reveals plans for Westport
50-acre project in an old industrial area to include 2,000 homes, hotel, skyscraper
By Lorraine Mirabella
sun reporter
Originally published August 12, 2006

A Baltimore developer who envisions creating a second downtown along the shores of the Middle Branch unveiled ambitious plans yesterday to transform a 50-acre industrial swath of Westport into a $1.4 billion community with 2,000 homes, shops, offices, a hotel, bicycle trails and a beach anchored by a 65-story skyscraper.

Developer Patrick Turner hopes to start next summer on a project that in six to seven years would reverse the blight in a once solidly blue-collar neighborhood. The tower would be the tallest building in the city, but would be among a wave of skyscrapers that have recently been proposed.

While development has boomed around much of the waterfront, from Locust Point to Canton, the Westport waterfront has been overlooked by developers, said Turner, president of Turner Development Group.

When he acquired his first parcel on the waterfront, the abandoned Carr-Lowrey glass factory in 2004, no other local developers showed interest in the gritty area with a fading industrial past and struggling neighborhood.

"It's been a lost city," he said. "There are people who live in this town who don't know where Westport is."

Colleen Van Skiver, owner of Colleen's Corner, a neighborhood tavern in Westport for 25 years, has watched the neighborhood become increasingly blighted over the past decade.

"The community has really dropped down," she said. "As far as this project, if that's what it is going to look like, it's probably going to perk the community up and give it a real shot in the arm, and that's what it needs."

Turner, who owns about 90 percent of the land he needs for the project, said he has necessary approvals from the Maryland Department of the Environment and the Army Corps of Engineers and city-approved rezoning allowing the mix of uses. He plans to ask the city to help finance roads and other infrastructure improvements with bonds that would be paid back from tax revenue generated by the project.

Beyond that, he has the government approvals he needs to move ahead; the future of the project depends on market forces.

"I think this is one of the great, exciting potentials for the city over the next decade, without question," said M.J. "Jay" Brodie, president of the Baltimore Development Corp., the city's economic development agency. "It takes advantage of a whole new section of waterfront, which was old industry, almost all of which is gone. Turner has aggressively bought up almost all of what he needs, so I think it's quite real."

Turner says he's convinced that the site, two miles south of the city's business district and its last large piece of developable waterfront, can become a dense, urban neighborhood attracting residents in a range of income levels.

"The thing we love about this neighborhood is that you have 295 here, you have I-95 on the north side, you've got the light rail with a stop dead center in the property," Turner said. "You've got the 14-mile Gwynns Falls Trail. You have a 27-acre park adjacent to the property. You can literally walk to downtown. The Middle Branch site is pristine in the sense of the waterways, vistas and views."

For Turner, who has recycled old structures for redevelopment for two decades, the Westport project represents his biggest challenge. Past projects have included apartments in and offices in the Holy Cross School, the McHenry Theater, 1211 Light Street and the Southway Bowling Center. He is transforming the former Archer Daniels Midland grain elevator and silos in Locust Point into high-rise luxury condominiums.

On Westport's waterfront, Turner has been laying groundwork for redevelopment for more than a year. He has acquired about 31 acres, including the shuttered glass factory and a former Baltimore Gas and Electric Co. power plant. He has started environmental cleanup, met with city planners, lined up financing and courted neighborhood groups.

But at a time when many proposed developments across the country are being halted as the housing market has weakened, Turner cautioned that the pace of development would be driven by demand in the housing market and from office and retail tenants.

Multiple builders would likely be involved, but Turner said he has not completed any deals. Turner's broker, CB Richard Ellis, will begin marketing the project to prospective multifamily builders, office and retail tenants, and hoteliers next month, Turner said. The developer will then begin drawing up detailed plans to be approved by the city, in hopes of starting infrastructure work next summer and completing the first buildings by early 2008.

The developer envisions housing for people with a mix of incomes, including teachers, firefighters and corporate executives. Ultimately, about 2,000 to 3,000 people could live on Westport's waterfront, he said.

Homebuyers and renters are increasingly seeking out such mixed-use developments, said Gerrit Knapp, executive director for the National Center for Smart Growth Research and Education, a land use research center based at the University of Maryland, College Park.

"This is the way the market is going around the country, particularly for residential," Knapp said. "Clearly there's a niche in urban cores for these types of projects, particularly among young people without children and among elderly. It's hip and trendy."

And when former, unused industrial sites get new life, he said, "the mixture of use ... creates additional residential capacity without putting more demand on the capacity of the road networks. Research shows these kinds of developments can help gentrify portions of a city."

Turner's plans have helped boost property values of nearby homes.

Turner met with about 75 residents and business owners Thursday evening to share his plans, and many were encouraged to see connections to the Westport neighborhood, rather than its being gated off, as some had feared. Residents were also happy to see public access to the waterfront and plans to filter the waters of the Middle Branch with "bioswales," rain basins and green roofs.

Van Skiver, vice president of the Westport Improvement Association, raised her children in a stable Westport but in recent years has watched the neighborhood become troubled by slum landlords, drugs and grime. She said she is looking forward to a boost in business at her tavern that she had lost when the glass factory went out of business.

Turner is hoping business comes back to the waterfront as well, and said he plans to market the site to defense contractors seeking a central, but urban location. He plans to invest $800 million in the project, which that would add 5 million square feet of development.

Turner's re-created waterfront would be centered on the light rail station. It would be "environmentally friendly," he said, with acres of new wetlands and waterfront meadows. And it would hope to appeal to urban dwellers and workers seeking nature-oriented perks such as a beach and kayak launch, gardens and bicycle and running paths that would connect to the Gwynns Falls Trail.

Turner plans to build a pedestrian bridge from the light rail station into one of his buildings, for access to the waterfront.

There, visitors would find a bicycle and running loop, a three-tiered system of re-created wetlands and a velodrome, a biking arena that could be used for sports or concerts. Turner plans to buy a former railroad trestle from CSX to continue the bike path across the water.



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Old August 12th, 2006, 06:37 PM   #273
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It seems like a new tallest is propsed every week..lol.
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Old August 12th, 2006, 09:03 PM   #274
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baltimore is getting better day by day =)
goo baltimore!
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Old August 12th, 2006, 09:07 PM   #275
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I'm pretty excited about that beach.... also the skyscraper too
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Old August 12th, 2006, 11:34 PM   #276
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Quote:
Originally Posted by waj0527
The 4th 50+ story building proposed for Baltimore since April!

Prime site sold for skyscraper
Hotel, condos to rise on former News American parcel
By Lorraine Mirabella
Sun reporter
Originally published July 21, 2006

One of the last prime, undeveloped parcels at the Inner Harbor has been sold to developers who plan to build a 50-story condominium and hotel skyscraper, joining other high-profile projects slated to add downtown housing and radically alter Baltimore's skyline.

UrbanAmerica LP, a New York-based real estate private equity firm, and Baltimore developer Doracon LLC have acquired the former site of the News American newspaper at 300 E. Pratt St. for $28 million. The block, now a parking lot between South and Commerce streets, had been controlled by Harvey Schulweis, president of New York-based Schulweis Realty Co. The company had floated proposals over the years for offices, a hotel, apartments and condominiums, but none ever materialized.

The $250 million project would include 300 condos, a 250-room, five-star hotel and 40,000 square feet of shops and restaurants, Richmond McCoy, president and chief executive of UrbanAmerica, said yesterday. A high-end hotel should boost the appeal of the condos because of the shared amenities such as a concierge, room service, swimming pools and spa services, the developers said.

McCoy said UrbanAmerica has sought development sites in the Baltimore area for about three years. "This one obviously stood out above all the rest," he said. "With all the success of downtown and the Inner Harbor, we think it's a fabulous location."

The partners, which will own the site and develop it in a joint venture, are negotiating with several high-end hotel investor operators, McCoy said.

Construction could begin next year, he said.

A cooling of the area's housing market has not dampened the partners' enthusiasm or belief that demand for condos downtown remains strong, he said. The condos would likely be priced in a range of $600 per square foot, which would equate to about $720,000 for a 1,200-square-foot apartment.

Some housing experts surveyed by the Downtown Partnership of Baltimore have cautioned that high-end condos downtown are at risk of being overbuilt, especially those in the $750,000 to $800,000-plus range.

But McCoy said the developers have been encouraged by the early success of condominium projects already under way, such as the Ritz Carlton Residences, now rising on the waterfront at the foot of Federal Hill, where buyers are spending $1 million and up.



Other projects include a condominium tower under construction at 414 Water St., a 34-story tower planned by The Cordish Co. that would rise atop a Metro stop at Market Place, and two 60-story condo and apartment high-rises in the Guilford Avenue corridor downtown planned by Potomac developer Richard W. Naing. Additionally, Philadelphia-based ARC Wheeler is proposing a 59-story glass condo and hotel skyscraper on Light Street.

"We think there's enough demand in the city and the region to support most of these projects, and we'll continue to monitor the strength of the market," McCoy said.

Andrew B. Frank, executive vice president of the Baltimore Development Corp., the city's economic development agency, said the mix of uses being considered suits the East Pratt Street site.

"It is a prime site at the intersection of the Inner Harbor and the central business districts and east of Charles Street, where development is certainly moving," Frank said. "This is at the intersection of three very hot areas."

Developer Harold B. Wheeler, a principal with ARC Wheeler, said having another residential and hotel tower at the Inner Harbor can only boost the downtown market.

"Quality projects like that make Baltimore more of a destination, and people want to live downtown even more," Wheeler said.



Wheeler said he hopes to close on the purchase of the Light Street site, a parking lot that once housed a McCormick & Co. spice factory, by mid-September and to have a deal with a boutique hotel operator by then. That project will also feature shops, restaurants and parking.

The 300 E. Pratt St. site has remained vacant since it was cleared in 1990. Schulweis had proposed building an office tower there in 1989, before the office market suffered a downturn. In 1996, Schulweis proposed an 800-room Westin as a city convention headquarters hotel, a project the city ultimately awarded to H&S Properties Inc. for a hotel that became the Baltimore Marriott Waterfront at Harbor East. Schulweis pushed on with plans to build a hotel on the site, before shifting to plans for an apartment tower, then to a mix of apartments and condominiums.



When Kirby Fowler, president of the Downtown Partnership, heard about the sale, "My reaction was, finally something might happen on this site," he said. "It's such an underutilized property."

The partnership is encouraging the new owners to include a significant amount of shopping along with the hotel and condos, Fowler said.

"We believe there will be more and more demand for retail along Pratt Street as more of it starts to fill in," Fowler said. "We'd like to push for more retail to play off the complementary retail at The Gallery," next door on Pratt Street.

But, Fowler added, "given the location of this property, there's little doubt that many different uses could work effectively here."

McCoy said UrbanAmerica usually works with a local development partner and has confidence in Doracon because of the developer's involvement in numerous city development projects. Doracon President Ronald Lipscomb did not return phone calls yesterday.
Make that five now we have to hope they all get built.
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Old August 13th, 2006, 02:58 AM   #277
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Yeah, officially the count is "5"!
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Old August 16th, 2006, 11:59 AM   #278
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$1.4 billion development slated for Westport



Bruce Miller, The Examiner
Aug 16, 2006 5:00 AM (12 mins ago)


BALTIMORE - After 15 months of planning, Patrick Turner, president of Turner Development Group, has unveiled plans for a $1.4 billion development that will be located on Baltimore City’s last large parcel of developable waterfront property.


Located along the Patapsco River’s Middle Branch in Baltimore’s Westport and called Westport Waterfront, project plans call for a mixed-use development that will include residences, office space, retail and entertainment venues.

“This is the biggest project in Baltimore,” said Turner. “We’re almost building a second downtown.”

Specifically, the development will include 2,000 residences, including apartments, town homes, condominiums and lofts, 2.5 million square feet of office space and half-a-million square feet of retail and entertainment space.

The project will be anchored by a 65-story office building and the first building is expected to take delivery by late 2008. Surrounding the structures will be a restored beach and wetland area, as well as more than five-and-a-half miles of hiking and biking trails. It will also feature a Veledrome bicycling arena.


But while the size of the project is expected to have a huge economic impact on the city, raising the amount of property taxes generated from the area from under $50,000 to more than $32 million during the next 10 years, economic development officials see the revitalization of the neighborhood as the major benefit.

“The primary importance of this project is revitalizing the neighborhood,” said Aris Melissaratos, secretary of the Maryland Department of Business and Economic Development. “I think the Middle Branch has the potential to become a mini Inner Harbor.”

M.J. “Jay” Brodie, president of the Baltimore Development Corp., agreed that the development would have a significant impact in improving the West Port neighborhood and that the project is a prime example of creative and innovative use of a former industrial waterfront area.

“I think good things will come out of Turner’s efforts, housing values will go up and people will fix up their properties,” said Brodie. “He’s not turning his back on Westport at all, and I think that’s a very positive aspect of the plan.”

Turner added that he expects the development to attract both businesses and residents because of the area’s easy accessibility to Interstates 95 and 295, the Westport light rail stop and its proximity to downtown.

The development is being designed to be ecologically friendly by creating green areas and wetlands and by having all the run off from the property filtered and cleaned using bioswales before going into the Patapsco.

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Old August 16th, 2006, 07:49 PM   #279
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Quote:
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$1.4 billion development slated for Westport



Bruce Miller, The Examiner
Aug 16, 2006 5:00 AM (12 mins ago)


BALTIMORE - After 15 months of planning, Patrick Turner, president of Turner Development Group, has unveiled plans for a $1.4 billion development that will be located on Baltimore City’s last large parcel of developable waterfront property.


Located along the Patapsco River’s Middle Branch in Baltimore’s Westport and called Westport Waterfront, project plans call for a mixed-use development that will include residences, office space, retail and entertainment venues.

“This is the biggest project in Baltimore,” said Turner. “We’re almost building a second downtown.”

Specifically, the development will include 2,000 residences, including apartments, town homes, condominiums and lofts, 2.5 million square feet of office space and half-a-million square feet of retail and entertainment space.

The project will be anchored by a 65-story office building and the first building is expected to take delivery by late 2008. Surrounding the structures will be a restored beach and wetland area, as well as more than five-and-a-half miles of hiking and biking trails. It will also feature a Veledrome bicycling arena.


But while the size of the project is expected to have a huge economic impact on the city, raising the amount of property taxes generated from the area from under $50,000 to more than $32 million during the next 10 years, economic development officials see the revitalization of the neighborhood as the major benefit.

“The primary importance of this project is revitalizing the neighborhood,” said Aris Melissaratos, secretary of the Maryland Department of Business and Economic Development. “I think the Middle Branch has the potential to become a mini Inner Harbor.”

M.J. “Jay” Brodie, president of the Baltimore Development Corp., agreed that the development would have a significant impact in improving the West Port neighborhood and that the project is a prime example of creative and innovative use of a former industrial waterfront area.

“I think good things will come out of Turner’s efforts, housing values will go up and people will fix up their properties,” said Brodie. “He’s not turning his back on Westport at all, and I think that’s a very positive aspect of the plan.”

Turner added that he expects the development to attract both businesses and residents because of the area’s easy accessibility to Interstates 95 and 295, the Westport light rail stop and its proximity to downtown.

The development is being designed to be ecologically friendly by creating green areas and wetlands and by having all the run off from the property filtered and cleaned using bioswales before going into the Patapsco.

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When they say the first building is expected to take delivery by late 2008 do they mean the 65 story skyscraper? And does take delivery mean finished?
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Old August 17th, 2006, 01:12 AM   #280
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Probably so.
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