{"id":1004160926,"date":"2016-12-07T09:02:20","date_gmt":"2016-12-07T17:02:20","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004160926"},"modified":"2022-12-08T04:27:21","modified_gmt":"2022-12-08T12:27:21","slug":"sagamore-development-unveils-port-covington-at-icsc","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/sagamore-development-unveils-port-covington-at-icsc\/","title":{"rendered":"Sagamore Development Unveils Port Covington at ICSC"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<p><strong>New York<\/strong>\u2014Sagamore Development Co. unveiled the Port Covington redevelopment project at the International Council of Shopping Centers&#8217; National Deal Making Conference held on December 5 and 6 at the Jacob K. Javits Convention Center in New York City, where Kevin Plank, owner of Sagamore and founder &amp; CEO of Under Armour, delivered the keynote address.<\/p>\n<div id=\"attachment_1004160930\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/port-covington.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004160930\" data-attachment-id=\"1004160930\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/sagamore-development-unveils-port-covington-at-icsc\/port-covington\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/port-covington.jpg\" data-orig-size=\"1600,918\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Port Covington rendering\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/port-covington.jpg?w=1024\" class=\"wp-image-1004160930 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/port-covington.jpg\" alt=\"Port Covington rendering \" width=\"300\" height=\"172\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/port-covington.jpg 1600w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/port-covington.jpg?resize=300,172 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/port-covington.jpg?resize=768,441 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/port-covington.jpg?resize=1024,588 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/port-covington.jpg?resize=1536,881 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004160930\" class=\"wp-caption-text\">Port Covington rendering<\/p><\/div>\n<p>A\u00a0<span class=\"xn-money\">$5.5 billion<\/span> investment, including <span class=\"xn-money\">$4.4 billion<\/span> in private investment, the redeveloped <a href=\"https:\/\/www.commercialsearch.com\/news\/baltimore-city-council-oks-port-covington-project\/\" target=\"_blank\" rel=\"noopener noreferrer\">Port Covington<\/a> will mean thousands of new jobs, new businesses, better transit to jobs, 42 acres of parks, new space for manufacturing, fresh opportunities for innovation and entrepreneurship, new ways to reach the waterfront and more for <span class=\"xn-location\">Baltimore City<\/span> residents. Port Covington will also be the future home of Under Armour&#8217;s global headquarters.<\/p>\n<p>This year, Sagamore Development\u00a0was a featured exhibitor and Gold Sponsor at ICSC. Port Covington&#8217;s debut at ICSC introduced this large-scale project to a global audience of developers, investors, retailers, brokers and the international business community. The Sagamore hospitality area in the convention center included an extensive display with augmented reality technology for attendees to experience the design, layout and features of the Port Covington redevelopment in <span class=\"xn-location\">Baltimore<\/span>.<\/p>\n<p>Sagamore expects to sell land to other developers for much of the new construction, but is also looking for firms interested in locating in the area or investing in projects there. The company wants to start construction of the Port Covington infrastructure by the end of 2017, with new buildings to be started the year after.<\/p>\n<p><em>Image courtesy of Sagamore Development<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A $5.5 billion redeveloped Port Covington\ufeff\ufeff will mean thousands of new jobs, businesses, better transit, 42 acres of parks, new space for manufacturing, innovation and entrepreneurship, as well as new ways to reach the waterfront for Baltimore City residents.<\/p>\n","protected":false},"author":746,"featured_media":1004160930,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1579,21782,21783,11,21752,1600,21742],"tags":[33018,33017,33016],"class_list":["post-1004160926","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-baltimore","category-development","category-investment","category-midatlantic","category-mixed-use","category-new-york","category-latest","tag-icsc","tag-kevin-plank","tag-sagamore-development-company"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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