Maryland Senate Bill SB618

Maryland 2024 Regular Session

• Introduced: 1/26/24
• Refer: 1/26/24

Caption

Economic Development - Maryland Stadium Authority - Creation of Pimlico Site Master Plan

Impact

The bill has significant implications for local development policy in Baltimore. By requiring the Maryland Stadium Authority to engage with various stakeholders, including the Pimlico Redevelopment Compact participants and the Baltimore City Department of Planning, it aims to pave the way for a collaborative approach to urban development. Every phase of the planning process will involve these consultations, ensuring that community interests are considered. Furthermore, once the master plan is finalized, it must receive approval not only from the city’s urban design panel but also from higher authorities, which could lead to enhanced scrutiny and accountability in the development process.

Summary

Senate Bill 618 focuses on fostering economic development through the establishment of a comprehensive master plan for the Pimlico site in Baltimore. Introduced by Senator Carter, the bill mandates the Maryland Stadium Authority to create a master plan that seeks to optimize the use of the Pimlico property. This includes conducting an economic market study to identify the most effective uses of the site and facilitating a design competition to encourage innovative development proposals. The purpose of these initiatives is to rejuvenate the area and stimulate local economic growth.

Contention

While the intent behind SB618 is to stimulate economic growth, there may be contention surrounding the control of the development process. Proponents argue that the bill promotes necessary investment and revitalization. However, critics could raise concerns about the balance of power between state authorities and local governance. The requirement for state oversight and approval might be perceived as encroaching on the city's ability to manage its own development priorities. As the bill unfolds, discussions will likely surface regarding the effectiveness of such centralized planning compared to localized decision-making.

Last_action

As of now, there have been no recorded actions on the bill since its introduction on January 26, 2024.