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David Cordish Talks Harborplace "Rebirth" (BBJ Story)

The Baltimore Business Journal

Developer David Cordish says he could be interested in "the rebirth of Harborplace" — if Baltimore leadership can tackle the city's many issues. 

Cordish, chairman of the Cordish Cos., said Tuesday those issues are mounting. The city's image. Its leadership. An ongoing potential blow from the Preakness moving to Laurel from Pimlico. And now Harborplace's future. The iconic waterfront retail hub was placed in receivership May 30 by a city judge who also ordered IVL Group LLC in New Jersey to also consider selling Harborplace. The court action takes the city landmark out of the hands of AAC HP Realty LLC, an entity of Ashkenazy Acquisition Corp., owner of Harborplace. Cordish, whose office overlooking the Inner Harbor, owns several entertainment and tourism hubs around the U.S. He owns the Live Casino & Hotel in Hanover and developed the Power Plant located near Harborplace and Power Plant Live on Lombard Street. He flirted with making a bid to acquire Harborplace and the Gallery in 2009 after then-owner General Growth Properties said it would unload the properties amid mounting debt.

READ THE FULL STORY ON THE BBJ WEBSITE.

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