Plans to redevelop the State Center complex in downtown Baltimore can finally proceed.

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State Center settlement could push redevelopment along

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A protracted legal battle around abandoned plans to redevelop the State Center complex in Baltimore is coming to a close with a $58.5 million taxpayer-paid settlement to developers, renewing hopes from city and state officials that they will finally turn the site around. The three-member Maryland Board of Public Works is scheduled to vote on the settlement Wednesday in Annapolis. Its approval would mark the end of a two-decade saga in which plan…

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The Baltimore Sun

Alden Global Capital

Maryland to settle State Center lawsuit for $58.5M, renew hopes for redevelopment

Plans to redevelop the State Center complex in downtown Baltimore can finally proceed. The Maryland Board of Public Works agreed Wednesday to pay $58 million to settle a lawsuit filed by the developer in 2017 that came after former Gov. Larry Hogan announced the state would try to terminate the $1.5 billion project, citing concerns about a slow start and costs. The settlement money will come from the state’s general fund to be made in two instal…

WBAL

$58M State Center settlement approved as redevelopment plans linger

Maryland’s state government will pay $58.5 million to settle a lawsuit with a developer that planned to redevelop the aging State Center office complex in Baltimore, freeing up the state to give the land and buildings over to the city government.

The Baltimore Banner

Maryland to pay $58.5M to resolve lawsuit with former State Center developer

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Baltimore Fishbowl

Baltimore Fishbowl | Lawsuit settlement clears path for State Center redevelopment

The Board of Public Works is expected to approve a $58.5 million settlement with a developer that ends a failed 20-year effort to redevelop the decrepit State Center complex in Midtown Baltimore. File photo by Bruce DePuyt.A decades-old effort to redevelop an aging, decrepit state office complex could end Wednesday with a $58.5 million state settlement payment to a developer once charged with the revitalization project. If the three-member Board…

State Center settlement could push redevelopment along

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