baltimore peninsula development

Demolition preparations are underway at335 Eighth Avenue, the, By: Andrew Cohen MAG Partners unique approach focuses on creating exceptional relationships with all constituencies from tenants and vendors to investors and lenders leading to long-term partnerships with the parties critical for maximizing the value of each asset in the portfolio. Industry News CFG Bank Signs Lease at Baltimore Peninsula Becoming Newest Commercial Tenant Holding Largest Lease To Date CFG Bank to Move to the South Baltimore Development in Q4 2023, Leasing 97,000 Square Feet of Office Space Baltimore-area transit advocates aim to put Maryland on strong footing to compete for a new tranche of $39.2 billion in federal funding, and Gov.-elect Wes Moore wants to restart major transit projects. In September, architecture and interior design firm H. Chambers Company signed a long-term lease for 9,000 square feet of office space at Rye Street Market. In her role, she provides resources to each community to build capacity in the changing landscape of the city, strategically create plans for sustainability, and meet the needs of community members around housing, education, transportation, public safety, and environmental matters. Follow us on LinkedIn. Founded in 1987, the firm pioneered the urban investment concept among institutional real estate investment managers in the 1990s and today is a leading investor in and developer of properties that promote smart growth, urban revitalization, sustainability and equitable development in urban and high-density suburban areas nationwide. In that role, Mr. Rosen was responsible for the overall execution and strategic direction of Pacific Park Brooklyn, the $4.9 billion, 22-acre mixed-use development in the heart of Brooklyn. In addition to her civic and industry board service, MaryAnne was appointed a member of the board of directors of the global investment banking firm Jefferies Group LLC in 2014. Jennifer Hearn is a Director of Development at MAG Partners responsible for managing all aspects of the development process, including but not limited to infrastructure, parks and public spaces, environmental remediation, placemaking design and installation, and various strategic initiatives throughout Baltimore Peninsula and the surrounding communities. Last month, the developer also launched a new partnership with Project JumpStart a workforce development and job placement program to implement its 15-week construction training program that will ultimately support the continued construction of Baltimore Peninsula. Led by MaryAnne Gilmartin, together the MAG Partners team has successfully designed, built and operated over 7 million square feet of office, residential and mixed-use projects, including over 2,000 units of housing, with a total value of over $4.5 billion. United States. As experts in New York City Uniform Land Use Review Procedure (ULURP) and New York State General Project Plans (GPP), MAG Partners has vast experience entitling projects and navigating complicated regulatory environments. Chenire has worked in development for non-profits curating events, raising funds, friends, and awareness for causes with accomplishments such as overseeing 3 Capital Campaigns that raised over $12 million. Baltimore Maryland United States. Leading Women recognizes women age 40 or younger for the tremendous accomplishments they have made so far in their careers. As the primary investing area within Goldman Sachs (NYSE: GS), we deliver investment and advisory services for the worlds leading institutions, financial advisors and individuals, drawing from our deeply connected global network and tailored expert insights, across every region and marketoverseeing more than $2 trillion in assets under supervision worldwide as of December 31, 2022. Baltimore Peninsula represents a fresh model for urban development a purpose-driven, sustainable Impact Community powered by diversity and committed to creating opportunities for all. Established in 2001, the Urban Investment Group within Goldman Sachs Asset Management has committed over $14 billion through real estate projects, social enterprises and lending facilities for small businesses and students, creating economic value and opportunities for underserved communities and families. Nov 15, 2022 at 7:07 pm Port Covington, the once-industrial South Baltimore waterfront that is being redeveloped, is getting a new name to go with its future as a place to live, work, shop and. CFG Bank signs 97,000 sq. ft. lease at Baltimore Peninsula She is responsible for overseeing all property and facility management, lease maintenance, building and site management, tenant relations, event management, risk assessment, and preventative maintenance. STV Celebrates Completion of First Phase of Baltimore Peninsula Development, STV, a professional services firm that plans, designs and manages infrastructure projects across North America, celebrates the substantial completion of the first phase of the, , a 235-acre, mixed-use neighborhood in South Baltimore. Modern boutique office building in the thriving Hudson Square district. Eleanor Hatch is the Marketing Associate for MAG Partners. We have proven that sustainability creates lasting value. Port Covington Team Rebrands Project 'Baltimore Peninsula,' Inks New Partnership Baltimore Construction & Dev November 15, 2022 Adam Bednar, Bisnow Baltimore The development team leading. It also follows the launch of residential leasing in April at 250 Mission and Rye House, which comprises a total of 416 residences with 20% including affordable housing. Sam is a graduate of the University of San Diego, majoring in Political Science with a minor in Business Management with a Real Estate focus. It was one of the first developments of the Millharbour area, as part of a longer term development plan by Ballymore, and is therefore also known as 1 . Prior to Maverick, Lizzy interned at L&L MAG, the company from which MAG Partners spun out, and worked as a real estate development consultant. Ashley Cotton is a Principal at MAG Partners and oversees government affairs, communications, and marketing for the company. The impact is undeniable.. Just south of Federal Hill, Baltimore Peninsula (formerly known as Port Covington) is one of the biggest current development projects in the country in the midst of a multi-year transformation that will turn this former industrial port into a hub for water-taxis, distillery visits, movie and concert viewing and shopping trips. He is responsible for oversight of the marinas, waterfront activations and events. When completed, the project will include up to 14 million square feet of new, mixed-use development; 2.5 miles of restored . Beyond those happenings, Tarbert noted that Port Covington now dubbed Baltimore Peninsula will begin to secure lease commitments for its new office space, including those by the Howard. Sydney Cowles is a Marketing Manager at MAG Partners. Prior to joining MAG Partners, Laurie served as property manager for the Baltimore Peninsula project for seven years under Weller Management Company and Sagamore Development Company. BY:MICHAEL YOUNG8:00 AMON JUNE 18, 2023 Chenire Carter is the Director of Community and Experiences at MAG Partners. These cookies do not store any personal information. in Communication Design and Bachelor of Science in Business Administration (B.S.B.A.) More than 1.1 million square feet are currently under construction in Baltimore Peninsula. Baltimore Peninsula Baltimore Peninsula kicks off apartment leasing at South Baltimore Established in 2001, the Urban Investment Group within Goldman Sachs Asset Management has committed over $14 billion through real estate projects, social enterprises and lending facilities for small businesses and students, creating economic value and opportunities for underserved communities and families. The firm believes and has proven that principles of beauty, diversity and sustainability create lasting value. Previously, he worked as an Executive Assistant to the Finance Department at Forest City Ratner, where for five years he worked for and alongside many of his current colleagues. Prior to his time at Sagamore Ventures, Rob worked for Realterm, an industrial real estate investment manager, as their Director of Corporate Accounting. The Baltimore Peninsula redevelopment is expected to generate fresh opportunities for innovation and entrepreneurship for Baltimore City residents and its local workforce. The firm provided civil engineering services for two of the first five buildings of the development, which are now completed and occupied. During his time with MAG Partners, Jeffrey has been responsible for sourcing $92M in joint venture equity and oversaw the closing of a $173M construction facility for a 480-unit multi-family rental project in Chelsea. Chambers will relocate to Baltimore Peninsula in March of 2023. Prior to joining MAG Partners, Aida was Managing Director of Development at Gemdale USA, and has also previously worked at Jonathan Rose Companies and Twining Properties where she managed development teams and worked on the development of multi-family and mixed-use buildings. Throughout his career, Scooter has gained experience in property management and ground-up development on multifamily, senior housing and hospitality assets. Scooter also worked in a property management role, overseeing the management of The Boulevard at Capital Center, a retail lifestyle center, for The Cordish Companies, a nationally recognized developer with expertise in entertainment, gaming, and hospitality. Honors individuals who have made a significant impact in their field and are leaders in Maryland. Rob also served as Vice President of Construction at Forest City Ratner Companies where he was the day-to-day project manager on the42nd Street Retail-Entertainment Complex and the New York Times Building projects. All Right Reserved. Lizzy Zevallos is an Assistant Vice President of Development at MAG Partners. Peter Turo is the Executive Assistant to the Founder and CEO at MAG Partners and provides administrative support to the leadership team. The development plan includes up to 18 million square feet of residential, office, hotel, restaurant, entertainment, retail, athletic, incubator, cultural space, marinas, plus public parks and piers. MAG Partners - Real Estate Development Baltimore Peninsula is not the only development or property owner in Port Covington. He has over 30 years of hands-on real estate development/management experience. In this role, Andre serves as a liaison to local businesses and the community at large providing access to several employment opportunities. Withdrawing money before age 59 typically trigg[], The U.S. Supreme Court concluded its most recent term with a bang. Previously, he spent two years in public accounting at RSM as a Senior Assurance Associate. Previously, as Managing Director for L&L MAG, Ashley led public affairs for both L&L MAG and L&L Holding Company, including the 10 million square foot commercial real estate operating and development portfolio. is a four-building complex that features an open-air market, retail and office space. Prior to joining Forest City Ratner Companies, Danielle served as Senior Project Manager at Kinsella Media in Washington, DC where she oversaw dozens of nationwide media programs for litigation settlements, and gained international expertise implementing programs. In honor of the milestone, local Baltimore artist Saba Hamidi created a custom mural, inspired by the waterfront location and mission of Baltimore Peninsula. Danielle is also a certified Project Management Professional, has her aPHR certification, and is a Notary Public in the state of New York. Prior to joining MAG Partners, Jeffrey spent 12 years at Forest City Realty Trust, most recently as Executive Director of Greenland Forest City Partners, a joint venture partnership between Forest City Realty Trust and Greenland USA, a subsidiary of Shanghai-based Greenland Group. With over 30 years of experience in commercial real estate (development, construction, property management, and brokerage), Christopher has structured, negotiated, and closed hundreds of transactions, including assemblages, build-to-suits, joint ventures, and mixed-use developments. Andre Beckles is the Baltimore Peninsula Local Hiring Law Project Coordinator with the Mayors Office of Employment Development. Pan Peninsula was arguably the first "Ultra Luxury" development in Canary Wharf. Scooter also serves on the NAIOP Maryland Board of Directors. Barclays Center, a state-of-the-art sports and entertainment venue in the heart of Brooklyn, is the centerpiece of the Pacific Park Brooklyn master development. There, she managed the companys real estate portfolio, including the opening of City Garage, and ensured both internal and external clients were able to thrive in spaces. STV also planned 6.1 miles of extensive new utility systems, 125 micro-bioretention stormwater treatment facilities, 285 street trees and 226 streetlights, pioneering a new lighting standard that is less disruptive to nocturnal bird nesting and migration. STV Celebrates Completion of First Phase of Baltimore Peninsula Development The Community Benefits Agreement ensures that, as Baltimore Peninsula transforms into a new home for many, the surrounding communities are lifted up alongside it.. (212) 339-3911 Plans for Lutherville-Timonium redevelopment - The Baltimore Banner In partnership with Sagamore Ventures, Goldman Sachs Asset Management and MacFarlane Partners, MAG Partners is leading the development of Baltimore Peninsula, a 235-acre masterplan in Baltimore, MD. Kim Bowling is Director of Tenant Coordination for MAG Partners and oversees the office and retail tenant buildouts. This website uses cookies to improve your experience while you navigate through the website. (646) 254.2432aaron.jones@stvinc.com. Previously, Danielle served as Executive Assistant to the President and CEO at Forest City Ratner Companies where she managed all of the President and CEOs scheduling, meeting preparation, travel and expenses, fundraised on behalf of the President and CEO, and provided critical support in internal and external communications, staff coordination, and speaking engagements and appearances. Port Covington to be rebranded as 'Baltimore Peninsula' Arion Alku is Vice President of Accounting for MAG Partners and oversees corporate and project accounting, including management of day-to-day accounting functions and financial reporting. Leasing will begin in the first quarter 2023 and the first residents of Baltimore Peninsula are expected to move in March. Baltimore Peninsula (Port Covington) Neighborhood Guide | Visit Baltimore 335 Eighth Avenue. When completed, Pacific Park Brooklyngroundbreaking in its scale and ambition for the boroughwill span eight acres and cover the Vanderbilt Rail Yard. In addition to a Bachelor of Arts in English from Washington & Lee University, Rob earned a Bachelor of Science in Construction from Arizona State University and a Masters in Real Estate from New York University. We believe that well-crafted buildings can improve peoples lives. Frederick's I-70 Commerce Center, home to some data centers and e-commerce groups, just sold for $15.4 million.. It is headquartered in San Francisco and operates a regional office in Los Angeles. The firm believes and has proven that principles of beauty, diversity and sustainability create lasting value. Kayla uses her positive attitude and tireless energy to encourage others to work hard and succeed. The Right to Dream soccer academy was eying the Baltimore Peninsula development in South Baltimore for a stadium, academy, and United Soccer League (USL) franchise, but instead the group moved its focus to San Diego where it was awarded a Major League Soccer (MLS) expansion franchise. Rob Boidock is the Senior Vice President of Operations at MAG Partners and oversees various departments and teams in Baltimore including finance, accounting, horizontal property management, JLL property management, legal, and operations. To date, Baltimore Peninsula has committed more than $132 million in contracts to Baltimore City-certified MBE/WBE firms, exceeding its initial goals with 35 percent participation for MBEs and 13 percent for WBEs. Alexander Snider is the Waterfront Operations Manager at MAG Partners. Grounded in comprehensive real estate knowledge and experience, the MAG Partners team pairs expert project evaluation skills, from site evaluation and zoning analysis to political risk assessment, with access to project structuring and underwriting capacity, sourced from long-term relationships with institutional investors and lenders. [emailprotected]. Peter also worked as an Executive Assistant for the Programming Department at Bravo TV. Prior to L&L MAG, Ashley served as Executive Vice President at Forest City Ratner Companies, managing all external relations for the company. Goldman Sachs Asset Management invests in the full spectrum of alternatives, including private equity, growth equity, private credit, real estate and infrastructure. At Realterm, Rob led accounting and financial reporting for corporate operations, non-core real estate investments and international joint ventures. Prior to joining the Baltimore Peninsula project, Sam worked as a retail leasing associate in Washington DC where he oversaw tenant representation and worked with clients to expand their retail presence in the area. The rebranded $5.5 billion Port Covington development now "Baltimore Peninsula" will sign two tenants by the end of the year, said Tony Gross, who's heading leasing at the sprawling. Get our free e-alerts & breaking news notifications! The building was designed by Pritzker Prize-winning Italian architect Renzo Piano and was a driving force behind the redevelopment of 42nd Street. Driven by a passion for our clients performance, we seek to build long-term relationships based on conviction, sustainable outcomes, and shared success over time. Rob joined Sagamore Ventures in 2018 with a focus on accounting operations and oversight of the firms real estate development investments, including the Baltimore Peninsula project and Sagamore Pendry Baltimore hotel. The building was a catalyst for the transformation of Lower Manhattan into a 24/7 mixed use community. At completion, Baltimore Peninsula is planning up to 14 million sq. Leasing has started for. There is no doubt in my mind that the City will continue to benefit from the momentum and energy that has resulted from the creation of this new waterfront neighborhood. The venture will act as a general partner as it acquires properties and sites for both ground-up development and active management. . Aida Stoddard is Senior Vice President of Development for MAG Partners and she works on the companys ground up development projects. Sydney earned a Bachelor of Arts in Economics from Bates College while playing lacrosse and field hockey. Rob joins us from Sagamore Ventures, where he served as their Director of Asset Management and Reporting. Hailey received her Bachelor of Business Administration with a major in Accounting from James Madison University and is a Certified Public Accountant. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Two blocks of street were designed with a curbless section a first in Baltimore. July 5, 2023 Adam Bednar, Bisnow Baltimore. Hotel Website. Designed by acclaimed architects Weiss/Manfredi and located on the cutting-edge Cornell Tech campus on Roosevelt Island, the building brings together industry and academia to spur innovation in the digital economy. Media Contact:Aaron Jones Previously, Scooter worked for Weller Development Company where he served as the VP of Leasing and a Director of Development. Baltimore Peninsula Begins Residential Leasing Weller Development News and Press Room In addition, the company is developing two other residential buildings and a boutique office building in Hudson Square. Patrick managed the development and underwriting of the first 1.5 million square feet in the $5 billion mixed-use Baltimore Peninsula development. The move is the latest to jumpstart. Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. The change comes as the developments first phase of vertical construction nears completion, with over 1.1 million square feet of new office, retail, and mixed-income residential opening in 2023, directly adjacent to the already complete Rye Street Tavern and Sagamore Spirit Distillery. The teams expertise includes the full range of management capabilities, from budgeting and financial analysis to leasing, marketing, and property management. Scooter has worked for several high-profile developers gaining over 18 years of experience in the development and leasing of commercial and multi-family projects in the Baltimore Washington, D.C. metropolitan area. MAG Partners is comprised of a team of highly seasoned asset managers whose experience includes operating over 20M square feet of commercial, residential, retail and hospitality space at Forest City Realty Trust and Mack-Cali. General Inquiries. Soccer Academy and Pro Team Chooses San Diego Over Baltimore Peninsula However, new master plan renderings for the development show the park staying put. Laurie is currently involved in the local IREM and BOMA chapters, has her CPM certification and was awarded IREM 2019 CPM of the Year. We will continue to deliver on our commitments to generate long-term positive impact for all of Baltimore., Baltimore is an incredibly special place to me it is home and it is rewarding to see the culmination of all the great work that has been done to-date, said Kevin Plank, Principal and CEO of Sagamore Ventures. She is responsible for managing day to day office operations, ordering supplies, overseeing the maintenance of office equipment, and coordinating office events. Financing for the first 1.5 million square feet closed at the end of 2020 and included three loans, opportunity zone equity, traditional equity, TIF bonds, and Low-Income Housing Tax Credits. The Baltimore Peninsula development team, led by MAG Partners and MacFarlane Partners with investments from Sagamore Ventures and Goldman Sachs Asset Management Urban Investment Group, Wednesday . She also reorganized planning and execution of signature fundraising events for 2000+ participants that resulted in cultivating over $155,000 of yearly revenue within three years which increased from $15,000. . Baltimore Peninsula developed by Weller Development Partners Ashley is a graduate of Bowdoin College and received her Master in Public Administration from Columbia University. But opting out of some of these cookies may have an effect on your browsing experience. A six-acre development site on the Long Island City waterfront. Laurie has 15 years of property management experience with expertise in luxury and commercial properties. The neighborhood spans 235 acres of land, with 2.5 miles of waterfront on the Middle Branch of the Patapsco River. Aida has been working in the construction, design, and development fields in New York for more than twenty-five years. The Baltimore Peninsula Development team is currently wrapping up Chapter 1B of the project which is bringing five new buildings along with new streets and public spaces to Port Covington. ROOST Apartment Hotel. State transportation officials are energized too, recently releasing seven potential north-south routes to create commuter-friendly connections by bus rapid transit or rail lines between . Jul 5, 2023 Brokers at Cushman & Wakefield have replaced JLL in a shakeup aimed at boosting office leasing at the newly rebranded Baltimore Peninsula. Matt earned a BA degree in English from Franklin & Marshall College and an MA in Publications Design from the University of Baltimore. She has over seven years of experience working in the hospitality field. Jeffrey also served as Senior Vice President for Finance and Capital Markets at Forest City Ratner Companies where he was responsible for the origination and structuring of construction and permanent debt, private equity transactions and joint venture partnerships. Pacific Park Brooklyn is an eight million square foot master plan development that includes 14 mixed-income residential buildings, commercial, and retail space. in Marketing, as well as a minor in dance. Aida is an active WLI/ULI member, having served on the WLI-NY steering committee for two years and is currently a member of the New York Mixed-use Development Product Council and NY Awards for Excellence Committee. Launched in 2022, the residency program provides selected artists the opportunity to work in MICA's Fred Lazarus IV Studio Center Studio over the course of six weeks in June and July, allowing the artist to expand his work and scale, as well as embedding himself within the college community. Baltimore, MD (February 9, 2023) - Today the Baltimore Peninsula development team, led by MAG Partners, Macfarlane Partners, and Weller Development Partners celebrated the start of residential leasing at Baltimore Peninsula, the 235-acre mixed-use waterfront neighborhood. Temporary street closures will allow this street to function as an urban plaza for festivals and events. Media INQUIRIES. He also sits on Arcules Global Security Technology Advisory Board. "ROOST Baltimore plays an Feb 9, 2023 Updated Feb 14, 2023 3:04pm EST Listen to this article 4 min The first residential towers at Baltimore Peninsula are seeking tenants with 416 units up for grabs, including 89. Jeffrey is a graduate of Cornell University and received his MBA from New York University. Prior to joining MAG Partners, Christian served as a Property Accountant for Corporate Office Properties Trust, a publicly traded REIT, where he performed operational accounting duties for a portfolio of office and retail outlets. Rob began his career at Ernst & Young in assurance services focusing on Private Equity, Government and Healthcare clients. :rainbow_flag: Take the Purple Route to get near the parade on Charles Street. In her tenure at Forest City Ratner Companies, MaryAnne spearheaded the development of some of the most high-profile real estate projects in New York City. Baltimore Peninsula offers amazing waterfront experiences, incredible visibility and unparalleled accessibility directly to I-95.

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baltimore peninsula development