Baltimore spending board amends lease for struggling Harborplace, pushing proposed redevelopment forward

Baltimore’s spending board approved an amendment Wednesday to a decades-old ground lease for the city’s struggling Harborplace pavilions, a deal that will span a three-year development planning period for the Inner Harbor property. The five-member Board of Estimates unanimously approved the agreement, which gives developer MCB Real Estate rights to the city-owned land beneath the destination on the city’s waterfront.