Ravens renewing Under Armour Performance Center lease with Baltimore County

Join the huddle. Sign up here for Ravens updates in your inbox.

The Ravens have reached an agreement to extend the lease at their Owings Mills headquarters and training facilities through at least 2038 while making improvements to the complex, the team announced Tuesday.

The team expects to spend up to $120 million to modernize and expand the Under Armour Performance Center. Baltimore County will contribute $25 million over 10 years, and the Ravens will cover up to $70 million as part of their commitment to keeping “The Castle” in Owings Mills. The team and county said they have requested an additional $25 million investment from the Maryland Department of Commerce.

The Ravens’ lease, which was set to expire in 2028, begins Aug. 1, 2028, and has renewal options that could extend an additional 30 years.

The Baltimore County Council is expected to vote on the agreement in September.

“The Under Armour Performance Training Center is really the vision of [owner] Steve Bisciotti and his family, in terms of what they wanted the Ravens to be about,” team president Sashi Brown said. “This has become a real core competitive advantage for us. ... Now starting our fourth decade of existence, we wanted to make sure that we provided a training facility for our operations that was commensurate with the best in the league and the Ravens’ standards.”

Brown said most of the Ravens’ investments will be “player facing,” including enhancements to the team’s sports science and analytics departments. Last year, the team completed a privately funded $20 million renovation of its practice facility, including a 20,000-square-foot training facility that features recovery and rehabilitation areas and a hydrotherapy suite.

Brown said he does not expect the Ravens to purchase additional land as part of their development. The team built the complex on a 32-acre section of Northwest Regional Park that the team began leasing from the county in 2002. The Ravens moved into the $31 million facility two years later.

But as the team’s workforce grew, it ran out of space in the 200,000-square-foot headquarters. In 2017, the Ravens purchased seven homes adjacent to their complex, part of a project to expand their space for parking and offices, as well as dining areas and locker rooms.

Brown said Tuesday that the size of the Ravens’ staff has almost tripled since the franchise’s early days.

“We built something that was really standard setting, and it hadn’t been seen before, in 2004,” Brown said. “But at this point, we know that we need further investment to stay competitive over the next 10 years, 20 years, 30 years, [during] which we intend to call Baltimore County home.”

Baltimore County Executive Kathy Klausmeier pointed to the Ravens’ impact on the county’s community and finances. She called the organization “a source of pride for countless people here in Baltimore County and around the world” and said the team is expected to contribute over $175 million in income tax revenue over the next decade.

The lease agreement, she said, is “an investment in our future. It protects jobs, strengthens our economy, and keeps one of the most recognizable organizations right here in Baltimore County. Modernizing this world-class facility will deliver lasting economic benefits for Baltimore County.”