Discover Baltimore’s New Development Projects
Learn about the new and improved food halls, transportation hubs and entertainment centers coming to Charm City.
If you think you know Baltimore, think again. Across the city, former industrial zones, vacant lots and historic structures are undergoing massive renovations, making way for dynamic new developments and innovative adaptive reuse. Spanning the housing, entertainment, business and transportation sectors, these exciting new projects will bring thousands of jobs and endless one-of-a-kind experiences to Baltimore. New projects are constantly in progress here, so you’re sure to find something fresh every time you return to Baltimore. In true Charm City fashion, none of these developments are without community input. Today’s developers ensure that their projects are thoughtful and impactful by engaging neighboring citizens and highlighting the site’s history. And as an added bonus, many of these remodels are just a short drive away from the Baltimore Convention Center, so you don’t have to travel far to experience all that’s new in Charm City.
Baltimore Peninsula
A 6-minute drive from the Convention Center, 20-minute water taxi ride from the Inner Harbor
Global athletic powerhouse Under Armour‘s Baltimore roots date back to 1998, when founder Kevin Plank moved its headquarters here from a rowhouse in Washington, D.C. Back then, it was still a fledgling brand with big ideas for the athletic apparel industry, but today it’s a market leader with an estimated net worth of $3 billion. Now, Plank is giving back to his adopted city through one of the largest urban renewal efforts in America: the redevelopment of Port Covington, a former railroad terminal in South Baltimore now called Baltimore Peninsula. This 25-year project will include up to 18 million square feet of new mixed-use development, 2.5 miles of restored waterfront and 40 acres of parks and green space. New businesses are continually being added to the area, with current residents including The Foundery Makerspace, Rye Street Tavern, South Point and Sagamore Spirit. Port Covington is also set to become a cybersecurity hub; industry players DataTribe, Evergreen Advisers and AllegisCyber all moved to the area in 2021.
Baltimore Peninsula is a developing waterfront neighborhood not far from downtown Baltimore.
CFG Bank Arena
A 5-minute walk from the Convention Center
The CFG Bank Arena, formerly known as Royal Farms Arena, is the city’s largest indoor sports and performance venue. It recently reopened after a 150-million-dollar renovation, including overhauled concourses, 30 to 40 new suites, upgraded concessions, a new dazzling glass exterior and increased seating to accommodate up to 15,000 guests. The arena can also be used as a companion or flex space to the Baltimore Convention Center for groups needing additional space.
CFG Bank Arena’s newly renovated club level.
The Walk @ Warner Street
A 4-minute drive, 20-minute walk from the Convention Center
Soon to be Baltimore’s premiere entertainment district, The Walk @ Warner Street is transforming a previously underutilized industrial zone into an energetic and walkable corridor bridging MGM’s Horseshoe Casino and M&T Bank Stadium, home of the Baltimore Ravens. The 250,000 square foot district includes a new Paramount music venue, Topgolf facility, Yards Social Bar and over 34,000 square feet of retail space. In addition to bolstering Baltimore’s sports and entrainment scene, The Walk @ Warner Street will revitalize the city’s southern waterfront through improvements to the Middle Branch Waterway and Gwynns Falls Bike Trails.
Bridging Horseshoe Casino and M&T Bank Stadium, Warner Street District will be a must-see destination for shopping, entertainment, dining and more.
Harbor Point
A 7-minute drive, 20-minute walk, 10-minute water taxi ride from the Convention Center
Situated between Harbor East and Fell’s Point on a former industrial site, Harbor Point is Baltimore’s newest waterfront neighborhood. This flourishing mixed-use community is anchored by Exelon’s $270-million Baltimore headquarters. The 20-story LEED Gold building houses 1,500 of this Fortune 100 energy company’s employees. Other neighborhood attractions include the 17-story luxury apartment building 1405 Point, which opened in 2018, and James Beard Award-winning chef Spike Gjerde’s restaurant, Plantbar. Phase III of development is currently underway and will bring 4.5 acres of park space, as well as additional office, retail and residential facilities to the already impressive neighborhood in 2024.
Phase III of development on Harbor Point will include the new global headquarters for T. Rowe Price and 4.5 acres of park space. Rendering courtesy of Beatty Development Group.
Lexington Market
A 4-minute drive, 15-minute walk from the Convention Center
America’s oldest public market, Lexington Market, has undergone a massive makeover. The fully modernized communal gathering space opened fall 2022 and upholds the institution’s 200+ year spirit of entrepreneurship and vibrancy while celebrating Baltimore’s diverse array of local and minority-owned businesses. The new market’s upper and lower levels will continue to house a variety of specialty food items and fresh groceries, while a new outdoor plaza bridging Eutaw and Paca streets will serve as an urban green space and venue for community events and concerts.
The new Lexington Market building offers a combination of old favorites and new vendors.
Penn Station
An 8-minute drive, 20-minute walk from the Convention Center
The historic Baltimore Penn Station has served as the city’s primary transportation hub since it was first built in 1911. Today, it is the eighth busiest train station in the United States, with more than three million Amtrak and MARC passengers coming through it each year. In spring 2021, Amtrak and its team of Baltimore-based developers, including Cross Street Partners and Beatty Developers, began a multimillion-dollar revitalization and expansion project on the bustling station. The development will be completed in phases, with the first one focused on preserving the station’s historic details and improving functionality. Then, phases two and three will see the addition of up to one million square feet of office and retail space as well as the construction of a brand new companion facility complete with a high-speed rail.
The new Penn Station will feature office and retail space as well as a high speed rail!
Rash Field
A 5-minute drive, 10-minute walk from the Convention Center
Designed as a safe and serene gathering spot for families across the city, Rash Field is located along the Inner Harbor promenade. This $16.8-million makeover includes three parks—a nature park, adventure park and skatepark—a shaded lawn where you can cool off on those hot summer days and a lush overlook from which you can take in those gorgeous waterfront views. The next phase of development will focus on the construction of a new glassy pavilion, designed by the internationally-acclaimed architecture firm Gensler, which will feature a cafe surrounded by sleek outdoor seating. At 7.5 acres, Rash Field offers plenty of space for the people of Baltimore to play together, enjoy a picnic, listen to live music or simply take in the sights and sounds of Charm City.
Opened in 2021, Rash Field contains three parks, a cafe and shaded overlook of the Harbor. Photograph by Kaitlin Newman
Tradepoint Atlantic
A 25-minute drive from the Convention Center
Once a massive Bethlehem Steel plant, Tradepoint Atlantic is quickly transforming into a 3,100-acre international trade and transportation hub. A study by the Sage Policy Group estimates that Tradepoint will create 17,000 new jobs during the next decade and generate close to $2 billion in direct economic activity from businesses operating at the site. With a deep-water port, links to major railroads and interstate highway access, as well as ample land for cargo parking and distribution facilities, Tradepoint Atlantic promises to be a massive economic engine for the city. It is already home to several of the world’s leading companies, including Under Armour, Harley-Davidson, FedEx and Amazon. Most recently, Brooklyn-based Gotham Greens announced plans to open a 100,000-square-foot hydroponic greenhouse at the site.
Pimlico Racetrack
A 15-minute drive from the Convention Center
As the second-oldest horse racing track in the country and the home of the Preakness Stakes, a Triple Crown event, Pimlico is not simply a beloved Baltimore institution, but also a vital contributor to America’s athletic heritage. In June 2020, the Maryland Stadium Authority received authorization to finance $350 million for the renovation and redevelopment of Pimlico with the goal of making it accessible and generative to the community all year long. As part of the project, nearly 100-year-old facilities will be replaced with a new state-of-the-art clubhouse featuring both turf and dirt tracks, and a multi-use event center which will be open to the community for festivals, youth sports and recreational activities. This project is being completed in conjunction with Laurel Park and is set to begin in 2023.
