[CPEO-BIF] Should Exelon locate in Westport, Baltimore, Maryland

[Lenny Siegel <LSiegel@cpeo.org>]

[And will the residents of Westport ever be consulted? - LS]

Exelon in Westport

Give it up, Downtown Partnership - Put Exelon in Westport

GERALD NEILY
Baltimore Innerspace
January 28, 2012

It's a municipal wet dream. A Fortune 200 company plans to build a  
major new office building, an investment of hundreds of millions, and  
they're only considering one city - Baltimore.

So Kirby Fowler, President of the Downtown Partnership, writes in the  
Baltimore Sun that the downtown business interests he represents do  
not want Exelon to build a new building, because there is already a  
glut of unwanted office space. And failing that, they want only  
downtown sites to be considered, even though he admits that locating  
there would require massive tax subsidies as an inducement that  
Exelon is not even demanding.

Downtown Partnership's worst case scenario would be for Exelon to  
choose a site somewhere else in the city, even though that would free  
the city of the burden of propping up the deal with massive tax  
breaks (euphemistically called "payments in lieu of taxes").

...

For the entire article, see
http://baltimoreinnerspace.blogspot.com/2012/01/exelon-in-westport.html

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

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