Port Covington Announces New Development Team To Attract More Tenants

3 years ago 402

BALTIMORE (WJZ) — The Port Covington Development Team announced the enactment of McDevitt and Cana Development as the retail leasing team for Port Covington.

The squad consists of investors similar Sagamore Ventures, Goldman Sachs and the pb developer, Weller Development Company. This volition beryllium a 235-acre redevelopment task located connected Baltimore City’s prime waterfront.

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Port Covington currently has 1.1 cardinal quadrate feet of operation presently underway, including 116,000 quadrate feet of retail space.

The Development Team volition proceed to find caller ways to bring innovation and entrepreneurship to Port Covington vicinity and Baltimore.

“We are thrilled to be moving with McDevitt and Cana Development, 2 leaders in the retail industry,” said Marc Weller, Founding Partner astatine Weller Development Company.

With offices passim the United States and internationally, McDevitt has a heavy knowing of the astir compelling retail and gathering environments passim the world.

“The scale, location, and best-in-class plan of Port Covington is the magical operation of ingredients that volition result in a world-class, dynamic, waterfront neighborhood,” said McDevitt Chief Executive Officer Wade McDevitt.

CANAdev is simply a full-service commercialized existent property steadfast that has led large-scale developments with much than 42 cardinal quadrate feet of commercialized existent estate, including hotels, firm headquarters, unrecorded music, sports arenas/stadiums and nutrient halls.

“As a Baltimore-based company, we are excited to play a role in this transformational, caller addition to our city,” said Michael Morris, Principal at CANAdev. “While supporting McDevitt to identify and procure the best-in-class retail, our extremity is to ensure that Port Covington provides our local retail community with the opportunity to participate portion uniquely representing our city.”