Maryland Settles State Center Lawsuit for $58.5 Million
Maryland Settles State Center Lawsuit for $58.5 Million

Maryland Settles State Center Lawsuit for $58.5 Million

News summary

The Maryland state government has settled a 20-year legal dispute with State Center LLC, agreeing to pay $58.5 million to resolve claims related to a stalled redevelopment project in Baltimore. The settlement allows the state to transfer control of the State Center complex to the city, paving the way for future development plans. This project, initially proposed in 2005, faced numerous legal challenges and political changes, leading to its cancellation in 2016 and subsequent litigation. Gov. Wes Moore emphasized the importance of moving forward to define a new vision for the site, which is considered prime real estate adjacent to public transit options. The settlement will be paid in two installments, with $40 million due by December 2024 and the remainder by July 2025. City and state officials are expected to collaborate on new redevelopment plans and seek public input in the coming months.

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