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Congratulations MCB Real Estate on securing @Prudential Financial’s first #OpportunityZone investment for Phase I o… https://t.co/eTDu40OyI2
Baltimore Means Business.
Baltimore Means Business.
Baltimore Means Business.
Baltimore Means Business.
Satellite view of EZ Focus Area along Penn & W. North Avenue
140 acres of key commercial area along Pennsylvania and W. North Avenue designated a Focus Area
The BDC’s application for an Enterprise Zone Focus Area designation for key commercial portions of Pennsylvania and W. North Avenue received approval from MD Dept. of Commerce. Enterprise Zones program encourages investment in distressed neighborhoods by providing tax credits to spur private investment. A fact sheet about Enterprise Zone and EZ Focus Area benefits can be downloaded here. To download the map of the Central West Baltimore Focus Area, please click here.
2017 BDC By the Numbers
- Assisted 131 businesses
- Helped retain 2,184 jobs
- Helped create 1,896 jobs
- Issued six RFPs (Request for Proposals), consisting of 21 of city owned parcels
- Finalized eight land disposition agreements
- Public investment of $5,494,728 leveraged $278,175,980 in private investment
To read more about BDC’s 2017 activities, please check out our annual report.