The Waterfront at Westport

PUBLIC PRIVATE PARTNERSHIP Westport The Waterfront at Westport has enjoyed strong support from public and non-profit partners since its initial planning in the early 2000s. From required approvals to innovative public financing, City, State and Federal partners have facilitated financing and zoning to redevelop the site as a showcase for Smart Growth, Transit Oriented Development and sustainable “green” design. Baltimore City and the Maryland Economic Development Corporation have agreed to provide approximately $160M in Tax Increment Financing (TIF) proceeds to install state-of- the-art roads, utilities, waterfront improvements and public open spaces. The Owner’s full-time Senior Vice President of Impact Investments and Senior Legal Counsel is leveraging additional resources to improve the surrounding neighborhood and ensure that the adjoining community benefits from new investment. DEVELOPMENT TEAM The Owner is managed by Weller Management Company. Weller Management is affiliated with Weller Development Company, one of the most visionary development compa- nies in the Mid-Atlantic. They are responsible for the current development of Port Covington, an adjacent 177-acre mas- ter-planned 14 msf of world class mixed-use development. Port Covington has already completed the land acquisition, initial financing, and project entitlements. Horizontal devel- opment is underway and vertical construction is anticipated to commence in Q4 2019.

JOHNS HOPKINS UNIVERSITY

CENTERS FOR MEDICARE & MEDICAID SERVICES

APG EDGEWOOD

NIH

UNIVERSITY OF MARYLAND, BALTI- MORE COUNTY

UNIVERSITY OF MARYLAND, BALTIMORE CITY

JOHNS HOPKINS APPLIED PHYSICS LAB

NSA

FDA

FORT MEADE

NASA GODDARD

UNIVERSITY OF MARY- LAND, COLLEGE PARK

NIH

PENTAGON

12 | THE WATERFRONT AT WESTPORT