After 18 Years of Ownership, City Sells a Derelict Industrial Complex for $1

A cluster of vacant industrial buildings that Baltimore City purchased for $2 million in 2005 have been sold to developer P. David Bramble for $1.

”We are excited to bring this to you,” Colin Tarbert, president of the quasi-public Baltimore Development Corp., told the Board of Estimates before explaining how the blighted warehouses along Amtrak’s right-of-way in West Baltimore would be taken off municipal hands by a businessman “who I think you all know.”

For nearly two decades, the city has been looking for a buyer for the 2.2-acre site that would, in BDC’s words, “achieve the objectives of job creation, tax generation, attractive design and a redevelopment that fits within the context of the neighborhood.”

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