Wednesday, August 27, 2008

Formal Request For Proposals Announced

From today's Baltimore Sun comes the news that the Baltimore Development Corp. (BDC) has asked "for proposals that would design, develop, build and operate a new arena, with iconic design that might include ground-level shops and housing a tower." M.J. "Jay" Brodie, president of the BDC is looking for proposals with "...maximum private financing..." 

Yesterday's Baltimore Business Journal (BBJ) has its more detailed take here. They mention a separate request for proposals "seeking a consultant to assist in the process of reviewing the  (new arena -Ed.) proposals..." and to come up with a plan for a possible temporary location for events during the new arena's construction.

The Sun article admits the venture would be paid "largely with public money". The BBJ's article says "City and state officials have said they will be willing to contribute public financing towards the project..."

The deadline is November 26, 2008.

Edit 8.28.08: Here is the BDC's official press release announcing the two requests for proposals.

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