Baltimore Peninsula
Location: Baltimore, MD
Architect: Multiple
Construction Manager: Multiple
Capital Partners: Sagamore Ventures, Urban Investment Group within Goldman Sachs Asset Management
Category: Mixed-use
MAG Partners joined an expanded development and investment team of a 177-acre master plan at Baltimore Peninsula, a post-industrial waterfront peninsula in South Baltimore to serve as master developer. The 1.1 million SF of mixed-use development is currently open with the sponsorship of Sagamore Ventures, the family office of Under Armour founder and chairman, Kevin Plank, and the Urban Investment Group within Goldman Sachs Asset Management. Under MAG Partners leadership, the residential properties reached stabilization, the office spaces were over 60% leased, a thriving dining and entertainment district was established, and the ROOST hotel was rated #2 Tripadvisor hotel in Baltimore.