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Old April 11th, 2007, 04:44 AM   #2761
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Quote:
Originally Posted by fanofterps View Post
The Vue, Water Tower, Zenith, Spinaker Bay, Ritz Carlton and Four Seasons/Legg Mason, Filene's, Best Buy are all terrific projects that have improved downtown.

The next level for Baltimore is add 10 Inner Harbor, 300 East Pratt, Naing Tower, Cordish Tower, Citiscape and 1 Light St. Can you imagine 4 towers 50-60 stories tall with 10 Inner Harbor containing a 30,000 Sq ft Saks Fifth Avenue on the first 2/3 levels and 300 East Pratt with a 30,000 st ft Bloomingdales or Lord & Taylor. We would also have a robust shopping district along with 6 beautiful towers.

Steve, I think he wants to sell it but has been wating for the highest price. I wonder if the Maryland group is Paterakis. Paterakis is partnering with him on the Rec Pier hotel.
Yeah, and then don't forget about the Westport development, Canton Crossing, Greektown projects as well.
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Old April 11th, 2007, 05:00 AM   #2762
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BREAKING NEWS----NEW ARENA!!!!

First on Fox tonight.

Could Baltimore be home to a new sports arena?

There's a good chance of that happening.

The 1st Mariner Arena is 44 years old and clearly needs to be replaced.

The indication is the city would like to rebuild on the current site, if the project ever gets underway.

That would leave the city without an indoor venue for as much as five years.

Baltimore businessman Ed Hale, who owns the Baltimore Blast indoor soccer team, doesn't like that idea, and he wants to build his own venue.

Hale has earmarked a parcel on Boston Street near I-95 for a new arena for his team.

He envisions a 12,000-15,000 seat facility that would host not only the Blast, but also the circus, ice shows and concerts that currently play at the old arena.

Hale says he's already done the preliminary canvassing.

There have been no timetables set for either the building of the proposed arena or the demolition of the old one, which, coincidentally enough, hale owns the naming rights for.

Hale says he'd like to get underway with the project as soon as possible.



Last Updated: Tuesday, April 10 2007, 09:04 PM
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Old April 11th, 2007, 05:00 AM   #2763
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Originally Posted by folsomfanatic View Post
i agree. the city needs to get better work out of people. that rendering was ridiculous.
well, we can't jump the gun here. they did say that this was a PRELIMINARY rendering. i'm sure the final design won't look anything like this. we also have to keep in mind that this 3rd-grader rendering was done BEFORE the SSA's talk of moving to westport and montgomery park. who knows? the main tower to this project might indeed wound up being 65 floors. might be 45. might be 35. hell, might be 25.
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Old April 11th, 2007, 05:04 AM   #2764
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Quote:
Originally Posted by folsomfanatic View Post
First on Fox tonight.

Could Baltimore be home to a new sports arena?

There's a good chance of that happening.

The 1st Mariner Arena is 44 years old and clearly needs to be replaced.

The indication is the city would like to rebuild on the current site, if the project ever gets underway.

That would leave the city without an indoor venue for as much as five years.

Baltimore businessman Ed Hale, who owns the Baltimore Blast indoor soccer team, doesn't like that idea, and he wants to build his own venue.

Hale has earmarked a parcel on Boston Street near I-95 for a new arena for his team.

He envisions a 12,000-15,000 seat facility that would host not only the Blast, but also the circus, ice shows and concerts that currently play at the old arena.

Hale says he's already done the preliminary canvassing.

There have been no timetables set for either the building of the proposed arena or the demolition of the old one, which, coincidentally enough, hale owns the naming rights for.

Hale says he'd like to get underway with the project as soon as possible.



Last Updated: Tuesday, April 10 2007, 09:04 PM

the negative is that this proposed arena is too small for NBA or NHL teams. Hale was just on the news and he's vowing to get this done. he's already spoken with all of the gov't officials and the stadium authority.

VERY promising indeed!

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Old April 11th, 2007, 05:05 AM   #2765
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Quote:
Originally Posted by fanofterps View Post
Steve, I think he wants to sell it but has been wating for the highest price. I wonder if the Maryland group is Paterakis. Paterakis is partnering with him on the Rec Pier hotel. All these projects take 3-5 years to break ground so we have time(example Four Seasons/ Ritz Carlton)
this is my thinking as well. clarke is simply waiting for the highest bid. now, for how much, i couldn't even begin to guess.
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Old April 11th, 2007, 05:13 AM   #2766
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Quote:
Originally Posted by folsomfanatic View Post
He envisions a 12,000-15,000 seat facility that would host not only the Blast, but also the circus, ice shows and concerts that currently play at the old arena.
12,000-15,000 seat arena? what the hell? why doesn't hale get it? this arena won't do a damn thing for us!!!!!!
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Old April 11th, 2007, 05:14 AM   #2767
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Quote:
Originally Posted by MasonsInquiries View Post
12,000-15,000 seat arena? what the hell? why doesn't hale get it? this arena won't do a damn thing for us!!!!!!
completely agree. if you're going to do an arena, do it right! we need the flexibility to get a pro team if the opportunity arises!
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Old April 11th, 2007, 05:24 AM   #2768
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Quote:
Originally Posted by MasonsInquiries View Post
12,000-15,000 seat arena? what the hell? why doesn't hale get it? this arena won't do a damn thing for us!!!!!!
since when has hale EVER cared about US! hale is in this for one person and one person only. don't ever forget that when public money is being used to finance a n undertaking of this magnitude.
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Old April 11th, 2007, 06:26 AM   #2769
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Third developer in three years looking at One Light Street

Yet another developer is eyeing One Light Street, a piece of land just blocks from Baltimore’s Inner Harbor that has not lured a buyer despite its prime downtown location and years on the market.

A Maryland group said it wants have the site under contract this year to study the creation of a mixed-use project, said J. Joseph Clarke, a Baltimore developer who is marketing One Light Street for owner Mirecourt Associates.

Clarke declined to identify the group.

That would be the third developer to hold a contract for the property in as many years. Two previous proposals for the site fell through after developers allowed their contracts to expire. In 2004, an Atlanta investor wanted to create a residential tower at One Light Street but dropped the plan in 2005. A Washington developer later floated a plan for a mixed-use skyscraper, but allowed its contract to expire in December.

Plans for One Light Street go even farther back. In 1989, Washington Capital Guidance Corp. wanted to build a 45-story office tower on the site, which was then home to the old Southern Hotel building, which has since been razed. But the office tower, and other versions of that plan, never came.

“It’s a feasibility issue,” Clarke said. “Developers did an awful lot of study, but they weren’t certain of the market, and they left.”

But observers say they cannot fathom why One Light Street, which has a 30,000-square-foot footprint at Light and Redwood streets, has taken so long to sell while properties around it have traded for top dollar in recent years.

Philadelphia developer ARCWheeler LLC is readying to break ground on a 59-story condominium tower at 414 Light St., a project that would also include a hotel, spa and retail space. UrbanAmerica LP, a New York company, has announced similar plans for a parking lot at 300 E. Pratt St., the former home of the News American newspaper, which it purchased last year for nearly $30 million. The Bush Cos., of Washington, is selling units in 414 Water St., a 31-story condominium tower under construction.

“There are so many positive influences that surround the property,” said J. Kirby Fowler, president of the Downtown Partnership of Baltimore Inc., a group that advocates for downtown development. “It’s really an empty space that’s begging for a building.”

One Light Street consists of a parking lot and three vacant buildings along Baltimore Street that are slated for demolition. City zoning allows a variety of uses for the site, Clarke said. With strength growing in downtown’s commercial and residential market, Fowler said he thinks a variety of uses could succeed there.

The city’s office market has perked up in recent years, with vacancy rates in top-tier buildings at about 11 percent for the first quarter of this year, according to data from real estate firm CB Richard Ellis. That compares to 12.3 percent during the corresponding period last year.

Downtown has seen more than 3,000 new housing units come on line since 2000. Condominiums that cost more than $750,000 are considered “overbuilt,” according to Downtown Partnership data. But there is still demand for condominiums that cost less than $500,000.

Hotels have also done well, with two being built at Redwood and Calvert streets. Another boutique hotel is planned for the corner of Redwood and Charles streets.

“We believe that there is a lot of interest in the site,” Fowler said of One Light Street. “It’s time to see some action there.”

Richard “Dicky” Darrell, a leasing agent with Columbia-based Manekin LLC, speculated that One Light Street’s owners could be holding out for a higher price than buyers are willing to pay. Clarke would not say how much Paris-based Mirecourt wants for the property.

“I think he’s got a great site,” Darrell said. “But maybe … the numbers don’t work.
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Old April 11th, 2007, 07:42 AM   #2770
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Quote:
Originally Posted by MasonsInquiries View Post
12,000-15,000 seat arena? what the hell? why doesn't hale get it? this arena won't do a damn thing for us!!!!!!
Definitely. Baltimore should try to get its own NBA/NHL team with a proper size stadium, especially if basketball comes to Vegas. B-more should be able to market itself as the conference equalizer.
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Old April 11th, 2007, 08:14 AM   #2771
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It sounds to me like Hale wants his own arena so as not to lose money. This is in addition to another arena to be built on the current site. This seems like good news as it would mean there would be an arena in canton, for the smaller sports and events, and hopefully the city would be more likely to build a larger arena for larger sports. I hope im interpreting it right.
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Old April 11th, 2007, 08:55 AM   #2772
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I just read another article about the arena and how Hale seems to think Baltimore won't be in line to get an NBA or NHL team.http://www.wmdt.com/wires/displaystory.asp?id=60424365
Quote:
Hale wants to build new arena—


BALTIMORE (AP) -
A Baltimore businessman wants to build a new arena to take the place of aging First Mariner Arena.

Ed Hale, chairman and C-E-O of First Mariner Bank and owner of the Baltimore Blast soccer team, says the new arena would be built on a site in Canton.
First Mariner Arena has been standing downtown since 1963, and city officials have been considering ways to replace it.

Hale says the new arena would be smaller -- between 12-thousand and 15-thousand seats. He says there's no point building a bigger one because it's extremely unlikely that Baltimore would land an N-B-A or N-H-L team.

The site Hale prefers would be at Boston Street and I-95, next to a residential and retail development he's planning. Hale says he's spoken to political leaders, including Mayor Sheila Dixon and Senators Barbara Mikulski and Ben Cardin, about his plans. He's hoping to put together a public-private partnership to get the arena built.
Two things are wrong here. First facts, and second is Ed Hale's reasoning. First they say the new arena would hold between 12,000 and 15,000 people. Yet, they also say the arena would be smaller than it is currently. I pulled this from the 1st mariner arena site.
Quote:
1st Mariner Arena has 11,000 permanent seats (3 levels in a horseshoe shape) facing a 58' deep x 117' wide x 42' high wooden permanent proscenium stage. Temporary seating is used on the floor and/or the stage for various event configurations. With floor seating concert or meeting capacity is 13,500; other shows and sporting events capacities range from 11,000 to 14,000. The Arena can also be curtained down to a 5,000-person capacity with a portable stage house center. The ice system was completely replaced in 1997.
So I don't know how it could be smaller with those numbers. I think Baltimore needs a state of the art arena to attract those kind of teams baltimoreans deserve. And onto ed hales statement.

I think Baltimore can definitly lure atleast an NBA team and quite possibly an NHL team or both. Baltimore is in a big enough market to have both, the city itself is also big enough to have both. More importantly, not having a big enough arena immediatly takes Baltimore out of contention.
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Old April 11th, 2007, 10:05 AM   #2773
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No Huck you are not the only one. I will sometimes get a cab back home from Penn Station. Invariably the cab driver is not a native English speaker, the immigrant du jour type. Even though I only live several miles north on Charles Street, I always find myself repeating myself several times before they get where I want to go. In London for example, a cab driver has to study intensivley for 2 years to gain "the knowledge" and go before an examination board to be tested before they are allowed to be cab drivers. Although I did manage to stump one once when going to a friend's house well outside the cental London area in Higham's Park. But he was very polite and looked up the street in his A to Z road atlas and found it after only a slight delay. These guys over here are clueless!
I agree. Whenever I take a cab home from BWI, I always have to give the driver directions. I live off of 170...literally a direct route from the airport to my house, and I still have to tell them where to go.

Part of it is self preservation, too. If you let the cabbie select the route your wallet will be lighter...
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Old April 11th, 2007, 12:13 PM   #2774
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Well, maybe we can get this guy:
to get something going on the arena issue. I'm sure he'd get us an 18,000+ seat state-of-the-art arena in no time...
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Old April 11th, 2007, 03:59 PM   #2775
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Hale says the new arena would be smaller -- between 12-thousand and 15-thousand seats. He says there's no point building a bigger one because it's extremely unlikely that Baltimore would land an N-B-A or N-H-L team.

Hale is an idiot. You should always build for future growth potential. What sense does it make to replace a 40 year old arean with 14,000 seats with a new one with the same amount of seats. I think he has his own agenda on this.
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Old April 11th, 2007, 04:00 PM   #2776
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Originally Posted by Baltimoreborn1 View Post
I just read another article about the arena and how Hale seems to think Baltimore won't be in line to get an NBA or NHL team.http://www.wmdt.com/wires/displaystory.asp?id=60424365


Two things are wrong here. First facts, and second is Ed Hale's reasoning. First they say the new arena would hold between 12,000 and 15,000 people. Yet, they also say the arena would be smaller than it is currently. I pulled this from the 1st mariner arena site.

So I don't know how it could be smaller with those numbers. I think Baltimore needs a state of the art arena to attract those kind of teams baltimoreans deserve. And onto ed hales statement.

I think Baltimore can definitly lure atleast an NBA team and quite possibly an NHL team or both. Baltimore is in a big enough market to have both, the city itself is also big enough to have both. More importantly, not having a big enough arena immediatly takes Baltimore out of contention.
I used to work for Edwin F. Hale at 1st Mariner Bank some 4 to 5 years ago and he mentioned then how he felt that Baltimore would never lure an NBA or NHL team here. My question is who is he to say that we will never have neither? As a businessman, that's a bad attitude to have.
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Old April 11th, 2007, 04:03 PM   #2777
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Definitely. Baltimore should try to get its own NBA/NHL team with a proper size stadium, especially if basketball comes to Vegas. B-more should be able to market itself as the conference equalizer.
Good point. Kansas City may have the jump (pardon the pun) on us, though. Their new arena is opening in six months.
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Old April 11th, 2007, 04:07 PM   #2778
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whatever hale is up to, his plan's going to ultimately backfire in the end. we're going to get the state-of-the-art 19,000 arena one way or another. i really don't think it'll work on the current 1st mariner site though. i've never looked at baltimore as an NHL town, but more of an NBA town.
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Old April 11th, 2007, 04:16 PM   #2779
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Good point. Kansas City may have the jump (pardon the pun) on us, though. Their new arena is opening in six months.
yeah, no kiddin'.....lol. k.c. now has TWO arenas that are atleast 18000: kemper arena and now the sprint center.
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Old April 11th, 2007, 04:38 PM   #2780
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Anyway, I can't wait to hear news on Ten Inner Harbor. It's long overdue.
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