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These projects are just part of what makes
the renaissance of Baltimore’s Westside one of the
great urban redevelopment projects in the region, in fact,
in the nation. As reported in The New York Times, the president
of the National Trust for Historic Preservation termed the
Westside Renaissance “the largest revitalization plan
of its kind in the country.”
Once complete, the City of Baltimore will
receive an estimated $10-20 million annually in tax revenues
collected from personal income, real property, energy, business
property, parking and hotel taxes. Here are some of the
major investments made to date:
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The Hippodrome at the France-Merrick Performing
Arts Center
After an investment
of $60 million, the Hippodrome takes its place on the world stage of performing
arts venues. |
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The Atrium at
Market Center (formerly the Hecht
Company)
A $20 million project, today it’s home
to scores of luxury apartments and lofts. |
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The Stewarts Building
Behind its historic
face is one of the city’s most
high-tech office and commercial spaces,
developed for $24 million. |
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University of
Maryland, Baltimore
More than $224 million in new construction will be completed by the University of Maryland over the next few years. |
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Bank of America's
Centerpoint
The Bank of America
has committed $79 million to the
new Centerpoint - an entire city
block of luxury rental units, prime
retail space, dining and shopping
areas, courtyards and walkways. |
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Lexington Market
Lexington Market
has undergone a $4.2 exterior and
interior renovation. |
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UMMC
More than $218 million will be spent on phase three expansion and renovation projects. |
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