Friday, April 12, 2024 | Baltimore, MD
Baltimore, MD
66°
Cloudy
FOLLOW US:

Montgomery Park loses Md. Supreme Court appeal in bid for MIA’s lease

February 28, 2023

A unanimous Maryland Supreme Court has ruled against Montgomery Park in its effort to reopen the bidding for the Maryland Insurance Administration’s lease, a contract the Pigtown office building was the front-runner to win until the state renewed MIA’s lease in downtown Baltimore for 10 years and about $17 million in 2020. In a 7-0 decision, the high court said Friday that the Department of General Services – the state’s leasing agency – validly withdrew its request for bids on MIA’s lease after Montgomery Park had made its offer.

Article Source: The Daily Record

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.