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Baltimore Peninsula Development

Sector: Hotel • Location: Baltimore, Maryland, United States

Source: The Baltimore Banner

Project
Partially Completed, Future Development Exited

A large-scale development project in South Baltimore, originally pitched by Kevin Plank, founder and CEO of Under Armour, to create about 14 million square feet of new development including residential, retail, office space, and a new home for Under Armour near a major interstate highway. Less than one-tenth of the planned square footage has been built. The project includes five existing buildings

Status
Partially completed, future development exited
Sector
Hotel, Road, Residential, Commercial
Location
Baltimore, Maryland, United States of America
Updated
22 Jul 2026
Source
The Baltimore Banner

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Project Information FAQ

Project Information

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The project “Baltimore Peninsula Development” is an infrastructure initiative in the Hotel sector, located in Baltimore, Maryland, United States. Taiyo aggregates data on it from The Baltimore Banner.

Participants

Not available for this record.

Status

Original status

partially completed, future development exited

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

A large-scale development project in South Baltimore, originally pitched by Kevin Plank, founder and CEO of Under Armour, to create about 14 million square feet of new development including residential, retail, office space, and a new home for Under Armour near a major interstate highway. Less than one-tenth of the planned square footage has been built. The project includes five existing buildings and an extended-stay hotel. The development is supported by a $660 million tax-increment financing bond from the city of Baltimore.

Original sector

Real Estate

Budget

Location

Country

United States of America (USA)

State

Maryland

City

Baltimore

Source

Source

The Baltimore Banner

URL

More Details

Record type

Project

Sector

Hotel, Road, Residential, Commercial

Article published date

2025-12-20

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