Harbor Point is a 27-acre mixed-use development located on the waterfront west of Fells Point and just south and east of the growing Harbor East neighborhood. The Site is the last substantive undeveloped stretch of land on Baltimore’s Inner Harbor.
From the late 1840’s to 1985, the site was occupied by Allied Signal's Baltimore Works facility, the world’s largest processor of chrome ore. When Allied ceased operations in 1985, the community was left with a vacant site containing chromium-contaminated soil and groundwater that was leaching into the Baltimore Harbor. In 1989, a Consent Decree between the US Department of Justice, US Environmental Protection Agency (EPA), Maryland Department of the Environment (MDE) and Allied Signal was put into place that governed the cleanup and future redevelopment of the Site. Working closely with EPA and MDE, Allied (now Honeywell) conducted a $110 million cleanup and containment effort that was completed in 1999.
Beatty Development Group is the developer of the site, which is currently slated for three million square feet of mixed-use development as allowed by a Planned Unit Development (PUD). Harbor Point will be strategically developed in three phases with full build-out projected by 2022.
Harbor Point Phases:
Phase 1 includes the already constructed 277,035 square foot Thames Street Wharf office building, which was the first building to open in Harbor Point in 2010.
Phase 1 also includes a 21-story, planned LEED Gold building which will house the headquarters for Exelon’s Constellation business unit plus Exelon’s 24-hour, 65,000 square foot trading floor. The building will also include 39,000 square feet of street-level retail and 103 residential units that will “wrap” a 750-car parking garage. Construction of the building began in the spring of 2014 and will be completed by the third quarter of 2016.
Phase 1 will also contain publicly supported TIF improvements, which include the construction of Dock Street, Point Street, and a portion of Wills Street, the Central Plaza and streetscape improvements.
Additional infrastructure will include a 298 space structured parking garage underneath the Central Plaza.
Phase 2 includes Point Street Apartments, 16-story building which will contain 289 residential units and 18,000 square feet of street-level retail and amenity space. This 215,000 square foot building will open in late 2017.
Phase 2 will also include a 206,100 square foot office building with 30,000 square feet of ground floor retail, and another 120,840 square foot office building.
Publicly supported TIF improvements in the second phase will include the construction of Point Street, the completion of Wills Street to the south, South Plaza Park, and a portion of the waterfront promenade.
The third and final phase of the Harbor Point project, Wills Wharf, includes a 222,000 square foot hotel with 12,730 square feet of street-level retail, a 438,199 square foot office tower with 16,000 square feet of street-level retail, and a 346,000 square foot apartment tower with 10,200 square feet of street-level retail. Construction of this phase is expected to be complete in 2022.
Publicly supported TIF improvements in this final phase include completion of the waterfront promenade, the planned transit pier and all park space including West Park, Waterfront Park, and Point Park.
Harbor Point - By the Numbers:
- Total: 27 acres; 3 million square feet
- Green, Open Space: 9.5 acres
- Office Space: 1.6 million square feet
- Residential Units: 1,000
- Retail Space: 250,000 square feet
- Hotel Space: 500+ hotel rooms
- Parking Spaces: 3,200