U.S., Maryland: Baltimore Penn Station redevelopment gets opportunity zone funding from local investor

By Melody Simmons, Reporter, Baltimore Business Journal; February 5, 2020

Transformative plans to upgrade Penn Station into a modern transit and mixed-use hub got a boost Wednesday from local opportunity zone investors.

Blueprint Local, a fund based at Brown Advisory in Fells Point, announced it would infuse an undisclosed amount of private capital into the massive redo at the historic train station in Midtown. It is the second opportunity zone investment in Baltimore — the first was made last year in the Yard 56 development in Greektown by the Prudential Financial Impact Investments group.

Click here to read the full article.

Please share with others