Baltimore waterfront project set to break ground

The Baltimore City Council has approved $107 million in tax-increment financing for a waterfront project that could be worth $1.8 billion when it’s finished. The project, which will convert the site of an old chemical plant into a waterfront that includes a skyscraper, “other office buildings, residential towers, parks, stores and a hotel,” could break ground soon. The skyscraper is meant to be energy company Exelon’s regional headquarters. Read The Baltimore Sun story here.