Under Armour: Kevin Plank’s Baltimore Platform

The Washington Post: In Baltimore, Under Armour founder Kevin Plank “has plotted a $5.5 billion development project, one of the largest in the country, comprising 45 city blocks and more than two miles of riverfront … Plank’s project, when completed in 25 years, would dwarf Baltimore’s celebrated Inner Harbor, delivering a new Under Armour headquarters, tech and manufacturing businesses and 40 acres of parks. It would also yield hundreds of millions of dollars in projected tax revenue and provide an estimated 25,000 jobs.”

“Plank unveiled a plan calling for 18 million total square feet, including offices, hotels, shopping, attractions and at least 7,500 residences in Port Covington, a peninsula isolated from the city by Interstate 95.”

Says Plank: “We want to shine a light on this great city of Baltimore. I can tell you, I love this city. I love my company. I believe in this city. I believe in what’s going to happen. And ladies and gentlemen, I can promise you, at Under Armour, we are truly, truly just getting started.”

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