Posted on 04/11/2017 2:29:47 PM PDT by 2ndDivisionVet
The opening of any new hotel carries a certain amount of optimism and symbolism. That went double for the March debut of Sagamore Pendry, the latest high-end hotel to open in Baltimore.
It wasn’t just the luxurious look of the 128-room hotel—complete with a steakhouse, whiskey bar, outdoor pool, and nods to horse racing, a reference to Maryland’s history of raising thoroughbreds—that made news. The building, once featured on the television show Homicide, part of the string of true-crime dramas that have given many an unsavory impression of the city, has a certain symbolic resonance, and its renovation is a signal things are changing.
It’s a sentiment the company, Sagamore Development, has channeled for Port Covington, a $5.5 billion waterfront development plan and one of the nation’s largest real estate projects. Located on the Patapsco River, this new city-within-a-city is viewed by many backers and Baltimoreans as a catalyst to raise the city’s profile and build a 21st-century economy.
Bankrolled by Kevin Plank—the hometown entrepreneurial success story and billionaire founder of Under Armour, the athletic-apparel giant and owner of Sagamore—and public funding, this site isn’t just a massive investment in infrastructure, industry, and waterfront property, though it’s definitely all those things. It includes 2.5 miles of restored waterfront, 40-plus acres of new parks, 14.1 million square feet of mixed-use development on 235 acres spread across 45 city blocks, a new 3.9-million-square-foot Under Armour global headquarters, a light-rail station, and a score of next-generation manufacturing centers and startup spaces....
(Excerpt) Read more at curbed.com ...
Good on him, the stupid city government is all graft, no action.
I bought a bunch of Under Armour gym gear last month, really enjoying it.
Just wait till the howls of ethnic cleansing start.
Baltimore is plagued with crime. And the city and the state are totally dominated by corrupt Democrats. This is not a formula for urban success.
Unfortunately, he’s made some conservative comments before so that guarantees that whatever he’s building will attract the usual lunatic left protestors.
“...and public funding...”
That will give the politicians entree to rob it blind.
Agree. Government there is corrupt and useless against crime, perhaps a private executive with $$$ can start turning things around. Isn’t that what Trump’s doing in the D.C. Swamp?
Note to self - dump all Under Amour stock.
Anyone this stupid - to be investing in Baltimore - cannot be trusted.
Dittoes.
I kept reading the article. I kept seeing “public funding” mentioned.
This is more graft and corruption designed to screw the taxpayers in a billion dollar real estate boondoggle. Just check with Atlantic City, Detroit and other liberal hell-hole cities to see what the predictable results will be
Baltimoreans?? Really? I always thought it was Baltimorons. :=)
Keep reading the article.
Notice how many times you see the phrase “public funding” mentioned.
This is doomed to fail from the get go.
I love this. FTA.....
“There were several failed attempts to develop here; even a Sam’s Club and Walmart couldn’t make it work. That’s a pretty bad sign if Walmart can’t make it work.”
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LOLOL. But see - they need to throw taxpayer money at the problem. “Public Funding” will solve the problem, right?
Now wait. Good advertising can save them. Like: "OUR ROOMS ARE NIGGARDLY CHEAP!"
That’s not a black area. It sounds like Fells Point.
Why? Because shooting cops and burning sht is a new outdoor activity?
City within a city.
Maryland “Freak State” PING!
Good luck.
Sounds like a major version of the trend of pre-fab fake towns.
Might be nice on the surface but won’t cut the mustard.
This is an old pier area fallen into disrepair. Good for him trying to help, but the last sentence says what is wrong with Baltimore and why this is doomed. Live in Westminster, MD 40 miles west of Baltimore for 50 years.
“...founder of Under Armour...” How about that? I learned something cool just now. I shall take notes and look for the products. One suggestion: improve the “two U’s” logo to something cool, like maybe a swish.
Risky business.
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