The Baltimore Development Corporation (BDC) is in an Exclusive Negotiating Privilege (ENP) and Right of Entry agreement with Oak View Group (OVG) for the Royal Farms Arena located at 201 W. Baltimore St. A $150-plus million renovation plan and management agreement for the City-owned arena was approved today by the Baltimore City Board of Estimates (BOE).
The arena was constructed in 1961. It was previously the home to the Baltimore Bullets, Baltimore Blast, Baltimore Skipjacks, and additional indoor football and lacrosse teams. It has taken on different names including the Baltimore Civic Center, Baltimore Arena, and 1st Mariner Arena.
The current arena has a capacity of 14,000 for concerts and up to 12,289 for basketball, hockey, or soccer. It lacks the size or modern amenities to be the home of an NBA or NHL team, and it has not hosted the NCAA Men’s Basketball Tournament since 1995.
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