The Baltimore County Council is expected to create the largest tax credit in its history next week, one that would save Tradepoint Atlantic and the world’s largest shipping company hundreds of millions of dollars.
The shutdown is leaving contractors, like Prince George’s County-based Melwood, reevaluating their future and asking: How reliable is the federal government anymore?
MAG Partners announced it is no longer working on Kevin Plank's Baltimore Peninsula project. The New York real estate firm had been involved as a developer and investor since May 2022.
A group of Chinese investors stands to lose its entire $47 million investment. They are claiming in a new court filing that the June auction was effectively rigged in favor of a Virginia-based private equity firm.
By 2024, the city-owned Hilton Baltimore Inner Harbor was supposed to have paid out $39 million, plus taxes, to Baltimore. Instead, it has cost the city millions to keep afloat.