Nov 15, 20220
It’s official: Kevin Plank’s Port Covington is rebranded as “Baltimore Peninsula”
The change comes as the development’s first phase of construction nears completion with few leases in place.
A billionaire entrepreneur ready to invest his fortune for the betterment of Baltimore? As the city prepared in 2020 to hand over the biggest tax subsidy in history to Under Armour’s Kevin Plank for the Port Covington development, The Brew reviewed hundreds of pages of PIA-ed financial reports to reveal the risky underpinnings of the deal. Also documented: the cash contributions strategically shoveled out to city and state politicians.