Harborplace

Harborplace is a shopping complex on the Inner Harbor in Baltimore, Maryland.

Harborplace
A view of the complex
LocationBaltimore, Maryland
Coordinates39°17′09″N 76°36′42″W
Address201 East Pratt Street 301 Light Street
Opening dateJuly 2, 1980 (1980-07-02)
DeveloperThe Rouse Company
ManagementMCB Real Estate (as of December 20, 2022)
OwnerMCB Real Estate (as of December 20, 2022)
No. of stores and services17
No. of floors2 in both pavilions
ParkingGarage
Public transit access at Charles Center or Shot Tower
Bus transport BaltimoreLink routes 54, 63, 65, 71, 154, CityLink Brown, CityLink Navy, CityLink Orange, CityLink Purple, CityLink Yellow
Charm City Circulator Banner, Purple, and Orange routes
Baltimore Water Taxi
Websitewww.harborplace.com

Description

The property consists of two pavilions, each two stories in height; one faces toward Pratt Street, the other toward Light Street. The pavilions house a range of stores and restaurants, some of which sell merchandise specific to Baltimore or the state of Maryland, such as blue crab food products, Baltimore Orioles and Baltimore Ravens merchandise, Edgar Allan Poe products, and University of Maryland Terrapins clothing.

History

Harborplace was designed by Benjamin C. Thompson and was built by The Rouse Company near the former Light Street site of the Baltimore Steam Packet Company's steamship terminal and docks. A citywide referendum was required to proceed with the project, championed by then Baltimore Mayor William Donald Schaefer. [1]

Harborplace opened on July 2, 1980, as a centerpiece of the revival of downtown Baltimore.[2]

On the weekend of July 1, 2005, Harborplace celebrated its 25th anniversary with a ceremony featuring Maryland Governor Robert L. Ehrlich, Baltimore Mayor Martin J. O'Malley, and Baltimore Area Convention & Visitors Association (BACVA) president Leslie R. Doggett.[3]

A Ripley's Believe It or Not! Odditorium museum opened in the Light Street Pavilion on June 26, 2012,[4] and closed in May 2020.[5]

In November 2012, the property was sold to Ashkenazy Acquisitions for $100 million.[6]

On June 3, 2019, the Baltimore Business Journal reported that as of May 30, 2019, Harborplace was placed into court-ordered receivership and that Azkenazy Acquisitions lost both management and ownership of Harborplace as a result. The BBJ reported that the Baltimore Circuit Court had appointed IVL Group, LLC of Monclair, NJ to manage, maintain, lease, provide security for Harborplace, the receivership order also authorizes IVL Group to seek a new buyer.[7]

In April 2022, the Baltimore development firm MCB Real Estate entered into an agreement to purchase Harborplace.[8] The deal was finalized by the Baltimore City Circuit Court in December 2022.[9]

Redevelopment

In April 2022, the Baltimore development firm MCB Real Estate entered into an agreement to purchase Harborplace.[10] The deal was finalized by the Baltimore City Circuit Court in December 2022.[11]

On October 1, 2023, it was announced by MCB Real Estate that the existing pavilions would be torn down in effort to redevelop the sites. Phases for Harbor Place's redevelopment are planned through 2028. The future of Harbor Place could see retail, residential, and public park/green space. "[Bramble] promised it would be dramatic and help reset the Inner Harbor area for generations," says the Baltimore Business Journal. [12]

See also

References
  1. Rocco Mitchell, Joseph; Stebenne, David L. (2007). New City Upon a Hill A History of Columbia Maryland. History Press. p. 125.
  2. "Important dates during the history of Harborplace". Baltimore Sun. July 1, 2010.
  3. "25th anniversary of Harborplace". Baltimore Sun.
  4. "Harborplace timeline". American City Business Journals. October 23, 2012.
  5. Simmons, Melody (May 15, 2020). "Ripley's Believe It or Not! leaving Harborplace for good". Baltimore Business Journal.
  6. Kilar, Steve (January 15, 2013). "$100 million paid for Harborplace". Baltimore Sun.
  7. Simmons, Melody (June 3, 2019). "Harborplace put into receivership, opening door for potential new owner". Baltimore Business Journal. Retrieved June 4, 2019.
  8. Alonso, Johanna (April 5, 2022). "Baltimore's Harborplace to be sold to local development firm". The Daily Record. Retrieved April 24, 2022.
  9. "Court order finalizes sale of Harborplace to Baltimore investment management firm". WBAL TV. December 20, 2022. Retrieved January 19, 2023.
  10. Alonso, Johanna (April 5, 2022). "Baltimore's Harborplace to be sold to local development firm". The Daily Record. Retrieved April 24, 2022.
  11. "Court order finalizes sale of Harborplace to Baltimore investment management firm". WBAL TV. December 20, 2022. Retrieved January 19, 2023.
  12. https://www.bizjournals.com/baltimore/news/2023/10/01/harborplace-pavilions-torn-down-mcb-david-bramble.html


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