US$5.5 billion Baltimore PPP

By Joe Sargent16 May 2019

Port Covington

The Port Covington development is expected to be completed by 2045

Construction has begun on a new US$5.5 billion redevelopment of Port Covington in Baltimore, Maryland, US.

The first phase of the project, which will create 120,000m2 of office space, around 31,400m2 of new retail space and about 117,150m2 of new residential and hotel space, is expected to cost around US$600 million to US$700 million.

When the entire project has been built, around 40 acres (161,874m2) of parks and green space will be delivered, 4.02 km of restored waterfront and 1,672,250m2 of new mixed-use space.

The project itself is a public private partnership (PPP) between the city of Baltimore and the Port Covington developers.

Leading construction is Whiting-Turner Contracting Co. with STV Inc. operating as the licensed engineer.

Partial funding will be generated through bond financing to help pay for the estimated US$1.4 billion required for new infrastructure.

The developers have agreed to provide benefits for local trades by hiring minority contractors to participate in the project.

A contribution of US$10 million has also been offered by the developers as a way of empowering young people in youth education programs.

The entire project is expected to be completed by 2045.

Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
Computer vision AI sees the way forward
Salman Chaudhary, CEO at EmpiricAI, explains why computer vision AI offers a glimpse of the future of health & safety in the construction sector
How wearable technology is used in construction
Wearable technology is helping construction companies become more productive and is also boosting health and safety 
Post-pandemic demand lengthens delivery times for construction equipment
Government stimulus measures following the global pandemic have led to a surge in demand for construction equipment
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail:
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: