Earlier this month, The Port Covington Development Team announced MAG Partners and MacFarlane Partners will take over as the development partners of the Port Covington Development. Weller Development will exit the project at the completion of the 1.1 million sq. ft. Chapter 1B phase in Fall 2023. The Port Covington…
Marc Weller is taking his lessons learned at Port Covington to other large-scale projects across the United States — resorts, public green spaces, event venues and even a winery. His company, Weller Development, was replaced on Monday as head of the 235-acre South Baltimore project by a new team of…
NAIOP Economic development experts compare it to the construction of the interstate highway system. The federal Infrastructure Investments and Jobs Act (IIJA) will deliver $973 billion to Maryland over the coming five years to improve roads, bridges, transit, rail lines, broadband, cybersecurity, EV charging networks and more. The direct economic…
The Sagamore Pendry Baltimore is another five-star option in Charm City, with a distinctly different feel that the Four Seasons. Here, at this early 20th century property on Baltimore’s historic Recreation Pier – “Rec Pier” as it’s known to locals – guests will find a sexy spot with water views…
In an effort to disrupt the cycles of generational poverty, City of Refuge Baltimore, the Port Covington Development Team, Weller Development and PI.KL Architects have unveiled plans for a new, multi-purpose facility in Brooklyn. The project would transform a 30,000-square-foot light industrial building into a 60,000-square-foot City of Refuge Baltimore…
Here’s a look at the ventures taking space at the complex inside the Baltimore development. On one side of South Baltimore’s Port Covington, cranes are constructing new buildings where developers are aiming to house businesses and residents seeking to move into the area. Across the peninsula, tucked behind the bus…
At a one-of-a-kind, 30,000-square-foot facility inside a former bus depot, a cluster of companies is advancing initiatives they hope will profoundly change human health and Baltimore’s future. LaunchPort, a medtech venture center located inside Port Covington’s City Garage, was designed to provide robust business support and fill an infrastructure gap…
As the first buildings at Port Covington begin to rise, the project’s developers have a vision for the mini-city sprouting on a South Baltimore peninsula as the nation’s next big biotech hub. The waterfront neighborhood of apartments, offices, stores and parks now under construction could rival life sciences cores such…
A major US developer is targeting the purchase of Marriott’s 30-acre Barbary Beach landholding in what could be “a stepping stone” towards much larger efforts to revive Freeport’s economy. #Multiple sources, speaking on condition of anonymity, revealed that Weller Development, which is presently spearheading a 235-acre waterfront redevelopment project in…
In 2016, the Port Covington Development Team, which today is composed of lead investors Sagamore Ventures and Goldman Sachs Urban Investment Group and lead developer Weller Development Co., made a promise to the people of Baltimore: It would revitalize the formerly industrial waterfront and bring new residences, retail, office space,…
He’s Rebuilding Baltimore Here’s a developer who doesn’t do things in a traditional or small way. Marc Weller is leading a Baltimore renaissance through impactful real estate development. As founding partner and CEO of Weller Development Company, this effort began with the award-winning Sagamore Pendry Baltimore Hotel, City Garage, and…
Years in the making, this is the first East Coast hotel for Pendry, the off-shoot brand from Montage. The hotel occupies the Recreation Pier, a landmark building in Fell’s Point, that was left empty for nearly two decades before reopening as the Pendry, thanks in part to a big investment…
Over the course of 103 years, Recreation Pier has been, at times, a shipping facility, community center, and television set — as well as an eyesore. It seemed unthinkable that this Inner Harbor plot could be a hotel, but local businessman Kevin Plank (of Under Armour fame) and Pendry, a…
