With five buildings currently under construction in Chapter 1B of the Port Covington development, the tower cranes are beginning to appear in the skies of the South Baltimore borough. Two tower cranes are currently installed on site and the installation is being completed for a third. Two more are planned shortly, according to the Port Covington development team.
With Port Covington Development being one of the largest urban development projects in the country, it’s no surprise that a sea of cranes can be seen from I-95 and various locations around the city, including Riverside Park, West Covington Park, and Vietnam Veterans Memorial Bridge. The last time a project in South Baltimore attracted three tower cranes was the construction of the Horseshoe Casino Baltimore.
The five new buildings in Port Covington are scheduled for delivery at the end of 2022. During this development phase, 440,000 square feet of office space will be created. 586,000 square feet of living space out of a total of 537 residential units, divided into 367 marketable residential units, 89 affordable residential units (ADU) and 81 long-term residential units; 116,000 sq. Ft. Retail trade; more than 1,000 parking spaces; and 10 hectares of parks and public space. Upon delivery of Chapter 1B, 20 percent of the residential units in Port Covington will be ADU.
The buildings include:
- Building E1: 223,000 m² building (162 residential units and 40,000 m² retail space)
- Building E5A: 221,500 square feet (212,000 square feet of office and 9,500 square feet of retail)
- Building E5B: 133,000 m² building (40 residential units, 81 units for long-term stays and 6,000 m² retail space)
- Building E6: 293,000 m² building (254 residential units and 16,000 m² retail space)
- Building E7, Rye Street Market: 273,000 m² building (228,000 m² office and 45,000 m² market)
When fully completed, Port Covington is expected to include up to 18 million square feet of new mixed-use development with 2.5 miles of restored waterfront and more than 40 acres of park and green space.
The Port Covington development team consists of Sagamore Ventures, Founder and Chairman of Under Armor, Kevin Plank, Goldman Sachs Urban Investment Group and Weller Development.
A separate project in Port Covington is the future Under Armor headquarters, although Plank has a partial stake in both. Under Armor owns the former Port Covington shopping center, which extends over 50 acres on the southern tip of the peninsula. The company announced last month that it would move its business from Locust Point to Port Covington by 2025. Under Armor converted the former Sam’s Club into a 170,000 square foot building and will shortly be adding a 284,000 square foot office building to the athletics facility on campus.
In Port Covington, the City Garage was already completed in Phase 1A, which converted an existing building into a 133,000 square foot office building in 2015, the “a Hub for manufacturing, innovation and entrepreneurship; “ Impact Village at 240 W. Dickman St., which has undergone some renovation and is now home to human resource development nonprofits; Sagamore Spirit whiskey distillery; Rye Street Tavern; and renovations to the Baltimore Yacht Basin Marina and Nick’s Fish House.
The Port Covington Development Team also improved the public space, including landscaped medians, and took on the maintenance of West Covington Park, which houses the South Point outdoor bar, the first stages of East Waterfront Park, a new mural, and new off and on On- added. Road bike and pedestrian paths.
Renderings courtesy of the Port Covington Development Team (click to enlarge)
E7 – Rye Street Market
Whiskey Plaza in front of Sagamore Spirit
E6
E5B
E5A
E1
Triangle Park next to E1
About the author: Kevin Lynch
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