Nov 11 2008
The approval for slots by voters in Maryland last week could give a much needed boost to development in Baltimore during a tough economic period. As evidenced by the City Council’s quick approval to purchase a parcel of land in South Baltimore, development of the proposed slots parlor could be swift. The slots bill was written so that only one casino could be built within the city limits, essentialy limited to the area adjacent to the proposed Gateway South Development.
While not connected to Gateway South, the slots parlor could give that project a real boost. Gateway South developers hope to take advantage of the site’s proximity to 295 (i.e. commuter traffic from DC).
The development plan (which has already received master plan approval from the City) is for an active and lively transit oriented mixed use project that includes 1,000,000 sf of class A waterfront office space, 150,000 sf of retail, a 90,000 sf indoor sportsplex, a 70,000 sf multimodal transportation terminal, parking and a rehabilitated site on which to locate the development and with which to connect the City’s greater open space network.
Follow this link to find out more about the Gateway South Project:
Here are some renderings…this project is by Cormony Development Company. The slots parlor will be on one of the vacant lots just north of this site (you can sort of make it out in the last picture). A developer for the slots parlor has not been selected yet. The slots parlor and Gateway South Project will be built on mostly former industrial/warehouse brownfield sites.
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