Developer for Harbor Point will break ground

BALTIMORE, Md. - The huge lot next to Harbor East will soon be the new headquarters for the Exelon Corporation.  It has come with a fight until the end.

"Everybody that's standing needs to leave the room," said Council President C. Jack Young to a protester.    

Protesters who refuse to sit down and be quiet are escorted out of the City Council chamber.  The Harbor Point project was debated for months since it will now get help from taxpayers to the tune of more than $100 million.

Mayor Stephanie Rawlings-Blake argues the financial kickbacks will come for years.

"It means an average of $18 million per year in new revenue for the city that can be invested in our schools, invested in public safety and invested in making every community in Baltimore City better," said Mayor Rawlings-Blake.    

The plan calls for developer Michael Beatty to give back to the community by building five small parks, a promenade, new roads, and by donating to a nearby charter school.

"I think what we need to do now is go forward and build a project that is really great for Baltimore but continue to be thoughtful about how to work with our community, how to do more and more in our community and as much as we can," said Beatty. 

But still, a community member stood up and turned his back on the council before he was told to leave.  Council President C. Jack Young says he will benefit from Harbor Point.

"My first comment was jobs, jobs, jobs.  And that's what it is - jobs, jobs, jobs.  We get people working, you see less crime," said Young. 

Harbor Point is expected to bring 17,000 jobs.  Along with the Exelon headquarters, Morgan Stanley will have office space.  There will also be residential towers, stores and a hotel. 

The developer says he will break ground this fall.

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