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Pasadena, California-based Alexandria Real Estate Equities, Inc. (ARE), which was planning a six-story, 169,812 sq. ft. lab and office building in Baltimore Peninsula (called Port Covington at the time), is no longer involved in the project. The spec office building, which was advertised for lease in Summer 2020, was a collaboration with The Port Covington Development Team.
Wilson, who joined Johns Hopkins as the inaugural vice president for economic development in 2019, will leave the institution at the end of the year
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The first phase of the Port Covington waterfront community in South Baltimore is officially behind schedule. But despite initial projections, the developer said Wednesday the project remains on track with no cost overruns.
The Port Covington Development Team announced that it has invested $2.5 million in South Baltimore community organizations over the past year.