Baltimore, MD (2007)

East Baltimore Redevelopment

The project consists of the development of new and rehabilitated housing, a life sciences and technology park, as well as retail space.

Investment

  • NMTC Amount: $33,466,982
  • Total Project Cost: $1,800,000,000

IMPACT

  • 1,200 FTE jobs
  • 6,400 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.

Investor

Project Description

As part of the redevelopment plan approved by the Baltimore City Council, East Baltimore Development Inc. (EBDI) has lead responsibility to manage the implementation of the revitalization of 88 acres in East Baltimore. The project consists of the development of new and rehabilitated housing, a life sciences and technology park, as well as retail space. The Life Sciences Park creates and foster an integrated research community and medical center dedicated to the advancement of biomedicine through a collaborative approach among academic, government and corporate scientists and clinicians. The Park provides traditional laboratory and office space in addition to build-to-suit options for biotechnology research and manufacturing facilities.

MAP

Address: 1701 Ellsworth Street, Baltimore, MD 21213

Census Tract: 24510080800

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